$5,000,000
Eagle River, AK 99577
MLS# 25-10305
1 / 25
Property Description
Unique opportunity to purchase just under 160 acres of homestead land that abuts Chugach State Park, just below Mt. Baldy, with views of the inlet. The property is half of the original Wallace Brothers homestead & was subdivided into many lots years ago. Possible uses may include high end residential/recreational lots, a commercial lodge/hotel/Ski area or private estate.
Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Foreclosure/Bank Own: No
Price-List: 5000000
Date-Listing: 2025-08-10
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): NW0456
Tax Map #-Mat-Su: N/A
Legal: See Documents
Property Info
Realtor.com Type: Vacant Land
Acres: 158
SF-Lot: 6882480
Lot Area Source: Other
Zoning: CE-TR Transition
Directions and Remarks
Directions: Old Glenn Hwy. in Eagle River to Eagle River Loop to Skyline to Jaime to McCrary to Upper Skyline to Canyon View to Golden Eagle to Mt. Baldy trail parking lot. Hike from gate to Wallace Mountain Rd.
Listing Terms Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Land Features
View: 1
View Type
Inlet: 1
Mountains: 1
Wtrfrnt-Access Near
Creek: 1
Wtrfrnt-Frontage
Creek: 1
Access
Dirt: 1
Gravel: 1
Trail: 1
Unmaintained: 1
Road Maintenance
Unmaintained Road: 1
Documents
Appraisal: 1
Location Tax and Legal
Area: 90 - Eagle River
Street #: NHN
Street Name: Wallace Mountain
Arterial: Road
Closest USPS Town: Eagle River
State: AK
Zip Code: 99577
Property Features
Listing Terms Financing: Cash; Conventional; Owner Finance
View Type: Inlet; Mountains
Wtrfrnt-Access Near: Creek
Wtrfrnt-Frontage: Creek
Access: Dirt; Gravel; Trail; Unmaintained
Road Maintenance: Unmaintained Road
Documents: Appraisal
Supplements
The adjoining half of the Wallace Brothers homestead (160+ acres) may be available for purchase from a different owner.
Legal Descriptions 
IDX
Listing Office: Elite Real Estate Group
Last Updated: November - 24 - 2025
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.