$294,500
7031 W Karen Street
Wasilla, AK 99623
MLS# 26-10704
2 beds  |  1 baths  |  1028 sqft


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Property Description
A lot of value under $300K! This updated 2-bedroom, 1-bath home offers 1,028 square feet of living space on an unrestricted property, giving you added freedom and flexibility. Tucked away from the road for a nice sense of privacy while still offering a convenient location for heading north or south, with fuel, groceries, restaurants, and everyday amenities nearby.

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: HO08
Tax ID: 57770000L003
School-Elementary: BTV-Undiscl by LL
School-Middle: BTV-Undiscl by LL
School-High: BTV-Undiscl by LL
Legal: NOLEN'S KNL ADD 1 LOT 3
Currently Not Used
Subdivision Name: NOLEN'S KNL ADD 1
Contract Info
Foreclosure/Bank Own: No
Price-List: 294500
Date-Listing: 2026-08-20
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: 0
Bathrooms Full: 1
Bathrooms Total: 1
Acres: 1.12
SF-Lot: 48787.2
Lot Area Source: Tax Authority
Year Remodeled: 2026
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Garage Spaces: 2
SF-Gar: 768
Carport Spaces: 0
Beds: 2
SF-Res: 1028
Year Built: 1983
Remarks and Directions
Directions: Take Parks Hwy and turn right on Pittman Rd. Left on Karen St.
Residential Type
Single Family Res: 1
Listing Terms Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Wood: 1
Heating
Floor Furnace: 1
Natural Gas: 1
Separate Meters: 1
Topography
Level: 1
Rolling: 1
Roof Type
Shingle: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Block: 1
Slab: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Detached: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Laminate: 1
Floor Style
Ranch-Traditional: 1
Features-Interior
Arctic Entry: 1
BR/BA on Main Level: 1
CO Detector(s): 1
Electric: 1
Smoke Detector(s): 1
Telephone: 1
Laminate Counters: 1
Features-Additional
Barn/Shop: 1
Deck/Patio: 1
DSL/Cable Available: 1
Fire Service Area: 1
Garage Door Opener: 1
Horse Property: 1
Landscaping: 1
Poultry Allowed: 1
Private Yard: 1
Road Service Area: 1
RV Parking: 1
TV Antenna: 1
Cable TV: 1
Water Source
Private: 1
Well: 1
Access Type
Dedicated Road: 1
Maintained: 1
Paved: 1
Dining Room Type
Area: 1
Breakfast Nook/Bar: 1
Sewer Type
Septic Tank: 1
Location Legal and School Info
Area: ML - Meadow Lakes
Street #: 7031
Directional: W
Street Name: Karen
Arterial: Street
Closest USPS Town: Wasilla
State: AK
Zip Code: 99623
Subdivision Name: NOLEN'S KNL ADD 1
Property Features
Residential Type: Single Family Res
Construction Type: Wood Frame - 2x6
Exterior Finish: Wood
Roof Type: Shingle
Foundation Type: Block; Slab
Floor Style: Ranch-Traditional
Garage Type: Detached
Carport Type: None
Heating: Floor Furnace; Natural Gas; Separate Meters
Sewer Type: Septic Tank
Water Source: Private; Well
Dining Room Type: Area; Breakfast Nook/Bar
Features-Interior: Arctic Entry; BR/BA on Main Level; CO Detector(s); Electric; Smoke Detector(s); Telephone; Laminate Counters
Flooring: Laminate
Features-Additional: Poultry Allowed; Private Yard; Barn/Shop; Cable TV; Deck/Patio; DSL/Cable Available; Fire Service Area; Garage Door Opener; Horse Property; Landscaping; Road Service Area; TV Antenna; RV Parking
Access Type: Dedicated Road; Maintained; Paved
Topography: Level; Rolling
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Supplements
Recent updates throughout include flooring, paint, new interior doors, and more. The spacious kitchen offers plenty of storage and room to work. The detached garage feels more like a shop, featuring a 12x12 overhead door, tall ceilings, excellent lighting, and enough room to accommodate a two-post lift. Attic trusses were incorporated to allow for the potential addition of a future 1-bedroom apartment above the garage. Utilities for the home and garage are already separated, and each has its own driveway, adding even more flexibility for future use. The approximately 7-year-old septic system is sized for three bedrooms, providing additional potential for the property. With no restrictions, privacy, recent updates, a versatile shop-style garage, and future expansion possibilities, there's a lot packed into this property at under $300K. Everything currently on the property is also available for sale separately. This one won't last!

IDX
Listing Office: The Kibe Lucas Team Keller Williams Alaska Advisors

Last Updated: August - 21 - 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.