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Land with Home for Sale in Keystone, Nebraska

24 McGinleys, Keystone, NE 69144

$749,000
2.76 acres
Active sale
ago
Est $4,453/mo

Martin Bay Overlook is an excellent opportunity to purchase one of the best homes and locations at Lake McConaughy!

This beautiful 1952 sq ft 3 bedroom, 3 bath home with multiple decks offers the most magnificent views of Lake McConaughy and the North Platte River Valley.

This property consists of 2.76 +/- acres directly across from Martin Bay.

Whether you are looking for a permanent residence or a vacation home, you will love this property!

Land

2.76 +/- acres of mainly west facing land overlooking Marin Bay, Kingsley Dam, Lake Ogallala and beautiful Lake McConaughy.

This property also boasts wonderful views of the North Platte River Valley.

Improvements

Martin Bay Overlook is a beautiful 1952 sq ft tri-level home built in 1993 with 3 bedrooms, 3 bathrooms with an attached 3 car garage.

This home has multiple large decks providing amazing views of Martin Bay, Lake McConaughy, the Kingsley Dam, Lake Ogallala and the North Platte River Valley.

The open floor plan is terrific for entertaining family and friends! The kitchen comes complete with appliances. There is a primary suite for privacy. The quaint upstairs has a bedroom with a private full bath and deck. There is also a wonderful sitting area at the top of the stairs that has a private deck. There is an office/laundry room that will also lead you out to the covered deck and a nice family/bonus room on the lower level.

The covered deck area is the perfect spot to enjoy the beauty of Lake McConaughy, you will have the opportunity to watch the sun rise in the mornings while having your morning coffee, to relaxing with your favorite beverage while watching the amazing Lake McConaughy sunsets.

The property also has a detached 2 car garage/workshop that makes an excellent addition to the property.

Recreation

Lake McConaughy, the recreational jewel of western Nebraska, is the largest lake in the state with over 100 miles of shoreline, 35,700 surface acres of water, 24 miles long, 4 miles wide, and is famous for its white sand beaches. Each year, thousands of boaters, campers and outdoor enthusiasts make the Lake McConaughy area their destination for fun!

In addition to Lake McConaughy which is fed by the North Platte River, you have Lake Ogallala at 320 surface acres “the little lake” nestled below Kingsley Dam (the 2nd largest earthen dam in the world). These two bodies of water provide endless opportunities for anglers of any skill level, young and old. The vast variety of fish you can catch between these two lakes include; Walleye, White Bass, Stripers, Wipers, Catfish, Northern Pike, Smallmouth Bass, Yellow Perch, Rainbow & Brown Trout. Lake McConaughy can accommodate virtually every type of watercraft you can imagine.

Lake McConaughy and the North Platte River Valley also provide tremendous opportunities for hunters. This area is famous for duck and goose hunting. In addition to waterfowl hunting there is small game, varmints, White Tailed Deer, Mule Deer, and Pronghorn in the area.

Agriculture

N/A

Water/Mineral Rights & Natural Resources

All appurtenant water rights associated with this property will transfer to the Buyer at Closing.

General Operations

Residential and recreational property with a nice workshop.

Region & Climate

Weather Highlights

Summer High: the July high is around 89 degrees

Winter Low: the January low is 14

Rain: averages 20 inches of rain a year

Snow: averages 27 inches of snow a year

Keith County, Nebraska gets 20 inches of rain, on average, per year. The US average is 38 inches of rain per year.

Keith County averages 27 inches of snow per year. The US average is 28 inches of snow per year.

On average, there are 224 sunny days per year in Keith County. The US average is 205 sunny days.

Keith County gets some kind of precipitation, on average, 68 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.

Information provided by: www.bestplaces.net

History

“Geography is often destiny. It has always been so with Ogallala, a town that came into existence at the junction of the major routes of the transcontinental migrations and of the cattle trails north from Texas.”

From 1870 to 1885, Ogallala was the “gateway of the Northern Plains”. Hard-bitten Wyoming and Montana cattlemen met in Ogallala’s hotel and saloons with Texas cattle kings and bargained over cattle prices. Gold flowed freely across the table, liquor across the bar, and occasionally blood across the floor as a bullet brought some unlucky cowhand to his death on the floorboards of Tuck’s Saloon.

The first non-native visitors to this area were the trappers from St. Louis.

Next came the pioneers who followed the Oregon Trail. To protect them, the government established forts at intervals along the trail. Then came the Union Pacific Railroad. It is assumed that Ogallala had its beginning about 1867. Settlers started to follow the railroad west, and the cattlemen started driving their cattle to Ogallala to be shipped east or to be sold to Montana and Wyoming ranchers.

Ogallala’s early history was unspectacular, promising to be nothing but a section house and water tank for the railroad. Then, in the spring of 1868, three men appeared to set the destiny of Ogallala. These men were the Lonergan brothers and Louis Aufdengarten. The Lonergan brothers came to do construction work for the Union Pacific Railroad. They found the plains to their liking, and subsequently became interested in Ogallala.

By 1876, Ogallala had changed little from its infant days in 1868. The stores were all south of the railroad tracks, and fronted what was called Railroad Street and the trail leading south to the Platte River. Along this trail extended the rest of the town. The town consisted of saloons with such names as The Cowboy’s Rest and the Crystal Palace. The last building on the street was the Ogallala House – dining room widely patronized because of its excellent fare. It was run by S.S. Gast.

By 1880, Ogallala consisted of one courthouse, one school, one hotel, two dwelling houses, and twenty-five permanent residents. The tempo of living in early Ogallala changed with the seasons. During the months of winter and early spring life was drab and dreary. Shortly after the first of June the town began to hum with activity as the first Texas trail herds started to arrive. During the three summer months business boomed – ten to twelve herds, each of two hundred or more trail hands taxed the facilities of Ogallala. Sleeping rooms and meals were hard to find when the trail hands were in town. Activities in Ogallala continued at a fever pitch until the end of August, by then the Texans were heading back to Texas; by November Ogallala had settled back in quiet and peaceful repose.

Ogallala’s population of floaters, gamblers, trades-people and dance hall hostesses drifted to Omaha or Cheyenne to spend the winter. One hotel, one supply house and a single saloon remained open for the winter. The community sank into a state of inanimation until next spring.

In 1882-1884, the settlers and farmers reached Ogallala. These men were encouraged by the Union Pacific Railroad because the railroad started selling their land at quite low prices.

A serious epidemic of Texas fever swept over Nebraska during the summer of 1884. The disease first appeared near Ogallala in July apparently being brought in by Texas cattle. The disease spread quickly and it caused very heavy losses to the cattlemen. The ranchers had started to put expensive blooded bulls in their herds. These ranchers demanded that Texas cattle be excluded from Nebraska. This ban of Texas cattle was a damaging blow to the Texas trail herd business. This was the end of the trail period of Ogallala, as the wild, often violent town became a peaceful farmer’s settlement.

Location

Martin Bay Overlook is approximately 15 minutes from Ogallala and Interstate I-80, 3 .5 hours northeast of Denver, CO, 4.5 hours west of Omaha, NE and 2 hours east of Cheyenne, WY

This property is minutes away from the lake’s famous white sands beaches, popular boat ramps, convenience stores, many restaurants and bars.

Sq feet
3
Beds
3
Full baths
1993
Built

Location

Street address
24 McGinleys
Elevation
3,320 feet
Coordinates
41.2529, -101.6831

Property details

Acreage
2.76 acres
Posted

Details and features

Structure

Basement
Yes

Listing history

DateEventPriceChangeSource
Mar 30, 2026New listing$749,000Listing agent
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This 2.76-acre property is located at 24 McGinleys in Keystone, NE 69144. The property is available for sale for $749,000. It has a 3 bedroom, 3 bath house built in 1993.

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