By , Omaha real estate agent | Updated September 2026

Omaha luxury custom homes

Falcone Homes in Omaha

Falcone Homes has been building luxury custom homes in Omaha since 1993 with a design-build focus. The builder currently highlights Bluewater, The Sanctuary, Privada Estates, Equestrian Ridge Estates and Regency among the communities where it builds. The important question is not simply whether you like the builder’s work. It is whether the specific homesite, design process, specifications, budget and timeline fit your goals.

Builder overview

A luxury custom builder with deep Omaha roots.

Falcone Homes says it has been building custom homes in the Omaha area since 1993. Its current positioning is firmly in the luxury-custom category, with an emphasis on individualized design, craftsmanship and higher-end residential projects.

That puts Falcone in a different comparison set from a production builder. Buyers considering Falcone are usually comparing not just base price and floor plan, but the entire project: land, architecture, specifications, allowances, site work, finishes, construction management and long-term resale.

What to compare

  • Homesite quality and restrictions
  • Architectural and design scope
  • Allowances, selections and upgrade structure
  • Site-work and landscaping costs
  • Construction timeline and communication
  • Total finished cost, not just an early estimate

Current Omaha presence

Falcone builds in several higher-end Omaha communities.

Falcone’s current website identifies custom-home activity in communities including Bluewater, The Sanctuary, Privada Estates, Equestrian Ridge Estates and Regency. Those locations span a range of luxury-home environments, from lake-oriented development to gated and established high-end neighborhoods.

Community availability, lot ownership and builder access can change, so I would verify the specific lot and current builder situation before making decisions around a neighborhood.

The real comparison

At this level, the homesite and process matter as much as the builder name.

Design and specifications

True custom work gives you more control, but it also means more decisions. Compare how architectural design, interior selections, cabinetry, lighting, appliances, flooring, exterior materials and specialty features are specified and priced.

Total project economics

Land, grading, utilities, retaining walls, landscaping, pools, outbuildings, architectural requirements and change orders can materially change the finished cost. The right comparison is the total project, not a headline construction number.

Timeline and communication

Custom projects have more moving parts. Understand who manages the job, how decisions are documented, how changes are priced, what happens when materials or schedules shift, and how often you receive updates.

Resale and long-term fit

Highly customized homes should still be evaluated through a resale lens. Lot quality, neighborhood, floor plan, bedroom configuration, garage capacity and highly personal design decisions can affect the future buyer pool.

Buyer representation

Have your own representation involved before you commit.

The builder and its team are working for the builder. I strongly recommend having your own real estate representation involved before you register, select a lot, negotiate major terms, or sign anything.

Your agent can independently help you evaluate the homesite, comparable high-end resale options, contract structure, allowances, incentives, inspection strategy, construction timeline, resale implications and, if you already own a home, how your sale should be coordinated with the build.

Why this matters on a luxury custom build: the dollar impact of a weak lot choice, unclear allowance, expensive change order, missed inspection issue or poorly coordinated sale can be significant. Independent advice is most useful before those decisions become difficult or expensive to reverse.

Move-up planning

If you already own a home, the build and the sale should be one plan.

For many luxury-custom buyers, the existing home is part of the financing and timing strategy. Before committing to a build schedule, I would map out your current home’s likely market value, preparation needs, ideal listing window, financing options and the amount of timing flexibility you actually have.

That can help reduce the risk of selling too early, carrying two homes longer than expected, or letting the construction timeline dictate decisions that should have been made strategically.

Compare before you commit

Considering Falcone Homes or another Omaha custom builder?

I can help you compare the builder, homesite, contract, total project cost, resale alternatives and timing before you make a major commitment.

This page is an independent buyer resource and is not affiliated with or endorsed by Falcone Homes.