7101 O'malley Road, Anchorage, AK 99507

Opportunities like this don't hit the market often. This 2,950 sq ft mid-century home in coveted South Anchorage has been in the same family since it was built in 1966--and it's ready for its next chapter. Never updated, this property is a true blank slate for a full renovation or creative reimagining.Set on a generously sized lot (rare for the area!) and located in a high-demand neighborhoodwith amazing southern exposure, this home is surrounded by well-maintained properties and offers serious upside potential for resale, rental, or redevelopment. Key features include: massive square footage and flexible floor plan, unique atrium space perfect for a dramatic design element, two separate living spaces: ideal for a duplex-style conversion, MIL suite, or high-end gourmet layout, and strong comps in the area after renovation. Whether you're a seasoned investor looking for your next project or a buyer with a vision, this is your chance to create serious value in one of Anchorage's most … read more …