$690,000
Wasilla, AK 99654
MLS# 26-5617
3 beds | 2 baths | 3254 sqft
1 / 32
Property Description
Rare opportunity to own a premier lakefront property on Wasilla Lake with deep water access, an L-shaped dock, and seasonal floatplane accessibility. Located on approximately 0.74 acres outside Wasilla city limits, this exceptional property offers privacy, mature trees, a large flat yard to the water, and endless potential.
Details
Maps
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA11
Tax ID: 7392000L001
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Legal: Odsather Lot 1
Currently Not Used
Subdivision Name: Odsather
Contract Info
Foreclosure/Bank Own: No
Price-List: 690000
Date-Listing: 2026-05-18
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 1
Bathrooms Full: 1
Bathrooms Total: 2
Acres: 0.74
SF-Lot: 32234.4
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 2
SF-Gar: 840
Carport Spaces: 0
Beds: 3
SF-Res: 3254
Year Built: 1955
Remarks and Directions
Directions: Palmer-Wasilla Highway to Cottle Loop to Odsather Cir. Property on right almost to the end
Residential Type
B & B Potential: 1
Single Family Res: 1
To Show
ShowingTime: 1
Listing Terms Financing
Cash: 1
See Remarks: 1
Exterior Finish
Metal: 1
Heating
Baseboard: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Metal: 1
Construction Type
Metal Siding: 1
Wood Frame: 1
Foundation Type
Block: 1
Slab: 1
View Type
Lake: 1
Unobstructed: 1
Wtrfrnt-Access Near
Lake: 1
Garage Type
Detached: 1
Wtrfrnt-Frontage
Lakefront: 1
Carport Type
None: 1
Flooring
See Remarks: 1
Waterfront Details
Waterfront Name: Wasilla Lake
Motorized: 1
Floor Style
Other - See Remarks: 1
Features-Interior
Basement: 1
BR/BA on Main Level: 1
Fireplace: 1
Sauna: 1
Security System: 1
Appliances
Electric Oven: 1
Electric Cooktop: 1
Refrigerator: 1
Dishwasher: 1
Features-Additional
Airplane Access: 1
Fire Service Area: 1
Fixer Upper: 1
Generator: 1
Road Service Area: 1
RV Parking: 1
View: 1
Water Source
Private: 1
Well: 1
Access Type
Floatplane: 1
Gravel: 1
Maintained: 1
Paved: 1
Water: 1
Mortgage Info
EM Minimum Deposit: 7000
Dining Room Type
Area: 1
Sewer Type
Lift Station: 1
Septic Tank: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: WA - Wasilla
Street #: 2721
Directional: E
Street Name: Odsather
Arterial: Circle
Closest USPS Town: Wasilla
State: AK
Zip Code: 99654
Subdivision Name: Odsather
Property Features
Residential Type: B & B Potential; Single Family Res
Construction Type: Metal Siding; Wood Frame
Exterior Finish: Metal
Roof Type: Metal
Foundation Type: Block; Slab
Floor Style: Other - See Remarks
Garage Type: Detached
Carport Type: None
Heating: Baseboard; Natural Gas
Sewer Type: Lift Station; Septic Tank
Water Source: Private; Well
Dining Room Type: Area
Features-Interior: Basement; BR/BA on Main Level; Fireplace; Sauna; Security System
Appliances: Electric Oven; Electric Cooktop; Refrigerator; Dishwasher
Flooring: See Remarks
Features-Additional: Airplane Access; Fire Service Area; Fixer Upper; Generator; Road Service Area; View; RV Parking
Access Type: Floatplane; Gravel; Maintained; Paved; Water
View Type: Lake; Unobstructed
Topography: Level
Waterfront Details: Motorized
Wtrfrnt-Frontage: Lakefront
Wtrfrnt-Access Near: Lake
To Show: ShowingTime
Listing Terms Financing: Cash; See Remarks
Docs Avl for Review: Docs Posted on MLS
Supplements
Perfectly positioned in one of the Valley's most desirable commuter locations, this property offers the best of both worlds--peaceful lakefront living with quick access to Anchorage and nearby Wasilla amenities.
Originally built as a cabin in 1955, the home was substantially expanded and remodeled in 1975 and again in 1996, creating a spacious custom lakefront residence filled with authentic Alaska character. The home is being sold AS-IS, presenting a rare opportunity for the next owner to complete and customize this property.
Major infrastructure improvements include a new septic system and lift station installed in 2021, both the house and detached oversized 2-car garage are located outside the floodplain--a rare and valuable advantage for lakefront ownership.
Additional highlights include large lake-facing windows, excellent open-concept potential, a backup generator system, and a quiet, private setting surrounded by mature trees.
Ideal for investors, pilots, or buyers seeking to create a one-of-a-kind Alaska lakefront retreat with substantial upside potential.
IDX
Listing Office: Keller Williams Realty Alaska Group of Wasilla
Last Updated: May - 19 - 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.