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Fairacres Home for Sale

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    $2,250,000

    • 6 Beds
    • 7 Baths
    • 8,138 Sq Ft

    200 N 62nd St, Omaha, NE 68132

    This exquisite Fairacres estate seamlessly blends timeless elegance with modern sophistication. Featuring 6 bedrooms, 7 baths, and 5 fireplaces, the home has been thoughtfully renovated and expanded, preserving its rich heritage while embracing contemporary living. The striking foyer with onyx floors leads to grand living spaces, including a stately living room, an impressive billiards room, and

    Tom Simmons Better Homes and Gardens R.E.

    200 N 62nd St, Omaha, NE 68132

About Fairacres

Fairacres, a prestigious neighborhood in Omaha, is known for its iconic homes built between 1905 and 1927, reminiscent of old Hollywood mansions. These properties, often gated with grand entrances and elegant outdoor spaces, include styles such as Brick Tudors, Colonial Revivals, Georgian, Craftsman, and large ranch-style homes. Located about five miles from downtown Omaha, Fairacres is surrounded by towering oaks and pines, with winding roads leading to its stately residences. Elmwood Park, just 1.5 miles south, offers attractions like an 18-hole golf course, playground, swimming pool, and scenic trails. Memorial Park, to the east, is a 65-acre green space dedicated to veterans, featuring a bronze sculpture and hosting the annual Memorial Park Concert and Fireworks Show. The Omaha Community Playhouse, bordering Fairacres to the west, is a significant arts venue with 11 shows annually. The Omaha Public School District serves the area, with Central High School offering a high rating and an International Baccalaureate Program. Dining options include Avoli Osteria for Northern Italian cuisine and Dundee Dell for elevated bar food. Grocery needs are met by Aldi and Trader Joe's, while crafting supplies are available at Michaels. Public transportation is accessible via bus stops along Dodge Street and 72nd Street, with routes to downtown Omaha. Eppley Airfield, 10 miles northeast, provides convenient travel options with about 25 nonstop destinations.

Frequently Asked Questions

Is Fairacres a good place to live?
Fairacres is a good place to live. Fairacres is considered car-dependent and somewhat bikeable with some transit options. Fairacres has 5 parks for recreational activities. It is fairly sparse in population with 5.1 people per acre and a median age of 28. The average household income is $198,443 which is above the national average. College graduates make up 81.2% of residents. A majority of residents in Fairacres are home owners, with 11.4% of residents renting and 88.6% of residents owning their home. A local real estate agent serving Fairacres can help you decide if this neighborhood is the right one for you. Learn more on our Fairacres neighborhood guide.
Is Fairacres, NE a safe neighborhood?
Fairacres, NE is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Fairacres?
The median home price in Fairacres is $1,174,999. If you put a 20% down payment of $235,000 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $6,150 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $264K a year to afford the median home price in Fairacres. The average household income in Fairacres is $198K.
What are the best public schools in Fairacres?
The best public schools that serve Fairacres are:
What are the best private schools in Fairacres?
The best private schools that serve Fairacres are:
What are the most popular zip codes in Fairacres, Omaha, NE?
The most popular zip codes in Fairacres, Omaha, NE include 68022, 68046, 68007, 68028 and 68136.
What are the most popular neighborhoods near Fairacres, Omaha, NE?
The most popular neighborhoods near Fairacres, Omaha, NE are East Central Omaha, Elmwood Park, West Central Omaha, Benson and Aksarben-Elmwood Park.

Home Trends in Fairacres, NE

Home Trends

Median Price (12 Mo)
$335,000
Median Single Family Price
$2,050,000
Median 1 Bedroom Price
$130,000
Average Price Per Sq Ft
$240
Number of Homes for Sale
1
Last 12 months Home Sales
7
Months of Supply
1.70
Median List Price
$1,174,999
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-61%
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