$725,000
Wasilla, AK 99623
MLS# 26-7536
7 beds | 4 baths | 3314 sqft

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Property Description
Great owner-occupant or investment opportunity just down the street fromthe Seymour Lake public launch. Property includes two 2BR/1BA units rented at $1,350/month each and a detached home built in 2024, leased through 05/31/2027 at $2,250/month. Features include open-concept living, on-demand water heaters, independent thermostats, garage space, and strong income potential.
Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 725000
Date-Listing: 2026-06-21
Status: Active
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 4
Bathrooms Total: 4
Bldgs-Ttl #: 2
Acres: 1.43
SF-Lot: 62290.8
Lot Area Source: Tax Authority
Year Remodeled: 2024
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 4
Carport Spaces: 0
Prkg Spcs: 8
Beds: 7
Year Built: 2014
SF-Res: 3314
Number of Units: 3
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: HO10
Legal: Winterwood L1
School-Elementary: BTV-Undiscl by LL
School-Middle: Houston
School-High: Houston
Directions and Remarks
Directions: Parks Hwy to Right on Meadow Lakes Loop at Circle K, Left on N Meadow Lakes Drive. Property on the left.
Multi-Family Type
Other - See Remarks: 1
Exterior Finish
Wood: 1
Heating
Forced Air: 1
Natural Gas: 1
Topography
Sloping: 1
Roof Type
Asphalt: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Block: 1
Poured Concrete: 1
Wtrfrnt-Access Near
Lake: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
Slough/Estuary: 1
Carport Type
None: 1
Sewer-Type
Septic Tank: 1
Water Source
Well: 1
Access Type
Paved: 1
Maintained: 1
Features-MultiFamily
CO Detector(s): 1
DSL-Cable Available: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Unit #1
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Kitchen: 1
Living Room: 1
Garage: 1
Parking Spaces: 2
Unit #2
Bath - Full: 1
Bedroom: 2
Dining Room: 1
Kitchen: 1
Living Room: 1
Garage: 1
Parking Spaces: 2
Unit #3
Bath - Full: 2
Bedroom: 3
Dining Room: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 2
Garage: 2
Parking Spaces: 4
Location Tax and Legal
Area: ML - Meadow Lakes
Street #: 1586
Directional: N
Street Name: Meadow Lakes
Arterial: Drive
Closest USPS Town: Wasilla
State: AK
Zip Code: 99623
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Wood
Roof Type: Asphalt; Shingle
Foundation Type: Block; Poured Concrete
Construction Type: Wood Frame
Garage Type: Attached
Carport Type: None
Heating: Forced Air; Natural Gas
Sewer-Type: Septic Tank
Water Source: Well
Access Type: Paved; Maintained
Topography: Sloping
Wtrfrnt-Frontage: Slough/Estuary
Wtrfrnt-Access Near: Lake
Features-MultiFamily: CO Detector(s); DSL-Cable Available; Smoke Detector(s); Washer/Dryer
Supplements
Fantastic opportunity for an owner-occupant or investor seeking a versatile income-producing property in a convenient location just 10 minutes from Wasilla and moments from the Seymour Lake public boat launch.
The property consists of three separate units, including two 2-bedroom, 1-bath apartments currently rented for $1,350 per month each on month-to-month leases. The detached home was built in 2024, has its own septic system, and is currently leased through 05/31/2027 at $2,250 per month, providing stable long-term income.
Each unit is thoughtfully designed with open-concept kitchen, dining, and living areas, creating a spacious and functional layout. Additional features include individual on-demand water heaters, electronic entry systems, independent thermostats, and bay windows that provide abundant natural light in both the primary bedrooms and living spaces. The upper unit features vaulted ceilings and a sliding glass door leading to a private deck.
Whether you're looking to live in one unit and offset your mortgage with rental income or add a strong-performing property to your investment portfolio, this property offers flexibility, cash flow, and long-term potential.
IDX
Listing Office: Signature Real Estate Alaska
Last Updated: June - 23 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.