Palmyra, NE 68418
Property Detail
Palmyra, NE 68418
Palmyra, NE 68418 - Otoe
Listing Courtesy of: American Legacy Land Co.
Farms
Hunting Land
Ranches
Recreational Property
Timberland
Development
Active
$1,475,000
134.4 acres
For Sale
Listing Date: 08/04/2026
Premier Otoe County Recreational Farm
Discover an exceptional recreational property offering outstanding wildlife habitat, a stocked fishing lake, productive open land, mature timber, and an ideal setting for a future country home—all within convenient reach of Lincoln.
This diverse 134.37±-acre property has been thoughtfully shaped by its combination of grassland, open conservation ground, mature timber, water, and established wildlife cover.
Approximately 3.96 acres of pond and water create the centerpiece of the property: a private, stocked fishing lake offering excellent fishing and year-round recreational enjoyment.
The property’s mature timber, creek corridor, open grassland, and surrounding agricultural landscape create tremendous habitat for wildlife. Whitetail deer regularly use the timber and natural travel corridors, providing the potential for quality trophy-deer hunting. Wild turkeys are also found throughout the property, while the mixture of native cover, grassland, shelterbelts, and open areas creates exceptional habitat for pheasants and bobwhite quail.
Mature black walnut trees add beauty, character, and long-term value to the property. An established pine-tree shelterbelt provides additional wildlife cover, privacy, and protection from the elements while creating a picturesque setting for a future residence.
With excellent access from established county roads and a rural water tap already serving the property, much of the initial groundwork has been completed for a future homesite. The combination of mature trees, water, privacy, and convenient access makes this an outstanding location to build a dream home, weekend retreat, or recreational getaway close to Lincoln.
According to the Otoe County assessor’s land schedule, the property consists of approximately:
● 49.35 acres of CRP-classified open ground**
● 47.22 acres of grassland**
● 31.83 acres of timber
● 3.96 acres of pond and water
● 1.00-acre farm site
● 1.01 acres of roads
● 134.37± total acres
The open portions of the property provide wildlife habitat and potential agricultural income, while the timber, creek, shelterbelt, and lake create a recreational landscape that can be enjoyed throughout every season. A 1,248-square-foot pole building provides additional utility for equipment, property maintenance, or storage.
Properties combining quality hunting, private fishing water, mature timber, established access, rural water, and future homesite potential are increasingly difficult to find this close to Lincoln.
Whether you are searching for a private hunting property, fishing retreat, long-term land investment, or the setting for a dream country home, this Otoe County property offers a rare combination of recreation, natural beauty, accessibility, and future potential.
Property Highlights
● 134.37± contiguous acres
● Conveniently located within the Lincoln-area market
● Excellent access from established county roads
● Stocked private fishing lake
● Approximately 3.96 acres of pond and water
● Quality whitetail-deer habitat with trophy potential
● Strong turkey-hunting opportunities
● Exceptional habitat for pheasants and bobwhite quail
● Mature black walnut trees
● Established mature pine shelterbelt
● Creek corridor and approximately 31.83 acres of timber
● Approximately 96.57 acres of grass and CRP-classified open ground
● Rural water tap already serving the property
● Attractive future homesite possibilities overlooking the private lake
● Privacy, mature trees, water, and scenic rural surroundings
● Existing 1,248-square-foot pole building
● Excellent recreational, residential, agricultural, and investment potential
This is a rare opportunity to own a substantial recreational property where fishing, hunting, wildlife habitat, privacy, and future homesite potential come together in one highly desirable Otoe County offering.
*Land classifications and acreages are based on the Otoe County assessor’s records. CRP enrollment status, hunting history, lake stocking, rural water service, building suitability, utilities, floodplain boundaries, and permitted uses should be independently verified.*
This diverse 134.37±-acre property has been thoughtfully shaped by its combination of grassland, open conservation ground, mature timber, water, and established wildlife cover.
Approximately 3.96 acres of pond and water create the centerpiece of the property: a private, stocked fishing lake offering excellent fishing and year-round recreational enjoyment.
The property’s mature timber, creek corridor, open grassland, and surrounding agricultural landscape create tremendous habitat for wildlife. Whitetail deer regularly use the timber and natural travel corridors, providing the potential for quality trophy-deer hunting. Wild turkeys are also found throughout the property, while the mixture of native cover, grassland, shelterbelts, and open areas creates exceptional habitat for pheasants and bobwhite quail.
Mature black walnut trees add beauty, character, and long-term value to the property. An established pine-tree shelterbelt provides additional wildlife cover, privacy, and protection from the elements while creating a picturesque setting for a future residence.
With excellent access from established county roads and a rural water tap already serving the property, much of the initial groundwork has been completed for a future homesite. The combination of mature trees, water, privacy, and convenient access makes this an outstanding location to build a dream home, weekend retreat, or recreational getaway close to Lincoln.
According to the Otoe County assessor’s land schedule, the property consists of approximately:
● 49.35 acres of CRP-classified open ground**
● 47.22 acres of grassland**
● 31.83 acres of timber
● 3.96 acres of pond and water
● 1.00-acre farm site
● 1.01 acres of roads
● 134.37± total acres
The open portions of the property provide wildlife habitat and potential agricultural income, while the timber, creek, shelterbelt, and lake create a recreational landscape that can be enjoyed throughout every season. A 1,248-square-foot pole building provides additional utility for equipment, property maintenance, or storage.
Properties combining quality hunting, private fishing water, mature timber, established access, rural water, and future homesite potential are increasingly difficult to find this close to Lincoln.
Whether you are searching for a private hunting property, fishing retreat, long-term land investment, or the setting for a dream country home, this Otoe County property offers a rare combination of recreation, natural beauty, accessibility, and future potential.
Property Highlights
● 134.37± contiguous acres
● Conveniently located within the Lincoln-area market
● Excellent access from established county roads
● Stocked private fishing lake
● Approximately 3.96 acres of pond and water
● Quality whitetail-deer habitat with trophy potential
● Strong turkey-hunting opportunities
● Exceptional habitat for pheasants and bobwhite quail
● Mature black walnut trees
● Established mature pine shelterbelt
● Creek corridor and approximately 31.83 acres of timber
● Approximately 96.57 acres of grass and CRP-classified open ground
● Rural water tap already serving the property
● Attractive future homesite possibilities overlooking the private lake
● Privacy, mature trees, water, and scenic rural surroundings
● Existing 1,248-square-foot pole building
● Excellent recreational, residential, agricultural, and investment potential
This is a rare opportunity to own a substantial recreational property where fishing, hunting, wildlife habitat, privacy, and future homesite potential come together in one highly desirable Otoe County offering.
*Land classifications and acreages are based on the Otoe County assessor’s records. CRP enrollment status, hunting history, lake stocking, rural water service, building suitability, utilities, floodplain boundaries, and permitted uses should be independently verified.*
Activities
Horseback Riding
Lot Description
Heavily Treed
Horses Permitted
Pasture
Hunting
Current Use
Agriculture
Minerals Information
Oil and Gas
Water
Wind
Property Tax Exemption
No
Street/Utilities Information
City Water
Mortgage Options
Conventional Mortgage
Agricultural Uses
CRP
Livestock
Row Crop
Timber
CRP Information
- CRP Annual Pmt Amount
- 7038
- YR CRP Contract Expires
- 2032
- Number of CRP Acres
- 41.43
Row Crop Type(s)
Hay
Legal Address
32-8-9 NE1/4 LESS 2 TRACTS 134.37 AC SOUTH PALMYRA Legal to Govern
GIS Parcel Id
004615000
Directions
From Lincoln, take Highway 2 east until you get to 4th Road. Turn south and travel for 6 miles. The property will be on the west side of South 4th Road at the intersection of 4th and L Road.
