$349,000
Anchorage, AK 99507
MLS# 26-1921
Status: Closed
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Property Description
Unique opportunity on Mid-Hillside with views of the inlet, sleeping lady, and downtown! Located on the corner of O'Malley Road and Ridgecrest Drive, this property includes two lots totaling 1.54 acres with dual access and excellent usability. Lot 2 has a 2,970 sq ft home requiring extensive renovation or possible demolition due to prior roof leak damage; it is being sold as-is. The home has 6
Details
Maps
Contract Info
Subdivision Plat Type: Fee Simple
Foreclosure/Bank Own: No
Price-List: 349000
Date-Listing: 2026-03-01
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW2639
Tax Map #-Mat-Su: N/A
Legal: South Lakewood Hills L1&2 B2
School-Elementary: O'Malley
School-Middle: Hanshew
School-High: Service
Property Info
Realtor.com Type: Vacant Land
Acres: 1.54
SF-Lot: 67300
Lot Area Source: Tax Authority
Zoning: R6 - Suburban Residential
Directions and Remarks
Directions: From the intersection of Seward Hwy & O'Malley Rd, E on O'Malley Rd approx. 3.3 mi. Property is on the L at the corner of O'Malley Rd & Ridgecrest Dr. Access is available from both O'Malley Rd.
Vacant Land Type
Residential: 1
Listing Terms Financing
Cash: 1
Land Features
Building Present: 1
Driveway: 1
In City Limits: 1
View: 1
Topography
Sloping: 1
View Type
City Lights: 1
Inlet: 1
Mountains: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Utilities
Elec - On Site: 1
Nat Gas - On Site: 1
Well - Unknown-BTV: 1
Access
Paved: 1
Road Maintenance
Road Mntd All Year: 1
Mortgage Info
EM Minimum Deposit: 3500
Sold Info
Date-Pending: 2026-03-03
Date-Closing: 2026-03-19
Location Tax and Legal
Area: 30 - Abbott Rd - Dearmoun Rd
Street #: 6640
Street Name: O'Malley
Arterial: Road
Closest USPS Town: Anchorage
State: AK
Zip Code: 99507
Property Features
Vacant Land Type: Residential
Listing Terms Financing: Cash
Land Features: Building Present; Driveway; In City Limits
Topography: Sloping
View Type: City Lights; Inlet; Mountains
Wtrfrnt-Access Near: None
Wtrfrnt-Frontage: None
Utilities: Elec - On Site; Nat Gas - On Site; Well - Unknown-BTV
Access: Paved
Road Maintenance: Road Mntd All Year
Supplements
bedrooms, 3 bathrooms, and two kitchens. The property includes a paved u-shaped driveway, access from both O'Malley and Ridgecrest, a 45' x 45' paved parking area, plus a mix of wooded and open grassy areas.
The property is registered on the Anchorage Vacant Property List and qualifies for Ordinance AO 2025-84 (a 10-year property tax abatement for renovating an existing home).
IDX
Listing Office: Sun Properties, LLC
Last Updated: March - 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.