1586 N Meadow Lakes DR, Wasilla, AK 99623
1586 N Meadow Lakes DR, Wasilla, AK 99623
1586 N Meadow Lakes DR, Wasilla, AK 99623
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Aurora Courtney

Aurora Courtney

+1(907) 302-2676
$725,000
Est. payment /mo
7 Beds
4 Baths
3,314 SqFt
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,314 sqft

Price per Sqft $218

MLS Listing ID 26-7536

Bedrooms 7

Full Baths 4

Construction Status Existing Structure

Year Built 2014

Lot Size 1.430 Acres

Acres 1.0

Source Alaska Multiple Listing Service

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. 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.

Location

State AK

Area Ml - Meadow Lakes

Zoning UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Direction Parks Hwy to Right on Meadow Lakes Loop at Circle K, Left on N Meadow Lakes Drive. Property on the left.

Interior

Heating Forced Air, Natural Gas

Exterior

Parking Features Attached

Garage Spaces 4.0

Garage Description 4.0

Waterfront Description Slough/Estuary

Water Access Desc Well

Roof Type Shingle,Asphalt

Topography Sloping

Building

Lot Description Sloping

Foundation Block, Poured Concrete

Lot Size Range 1.0

Sewer Septic Tank

Water Well

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Btv-Undiscl By Ll

Middle Schools Houston

High Schools Houston

Others

Tax ID 5722000L001

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Aurora Courtney

Aurora Courtney

+1(907) 302-2676

Associate Broker | License ID: 100653, 500072

Associate Broker License ID: 100653, 500072

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