5581 N Tongass Highway, Ketchikan, AK 99901
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
5581 N Tongass Highway,Ketchikan, AK 99901
$1,460,000
- 8 Beds
- 5 Baths
- 4,938 sq. ft.
- Multi-family
- Active
Listed by: mary wanzer
Office: coastal keller williams realty alaska group
MLS#:25-14549
Source:AK_AMLS
Price summary
- Price:$1,460,000
- Price per sq. ft.:$295.67
About this home
A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 feet of waterfrontage and 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove--both home to cruise ship berths--the site providesexceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage.
5581 N. Tongass is also a duplex, built in 1975 that includes a 3BR/2.5BA upper unit a a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market....
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Home facts
- Year built:1975
- Listing ID #:25-14549
- Added:124 day(s) ago
- Updated:April 08, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:4
- Flooring:Carpet, Linoleum
- Living area:4,938 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Metal
- Year built:1975
- Building area:4,938 sq. ft.
- Lot area:2 Acres
- Construction Materials:Wood Siding
- Foundation Description:Concrete Perimeter
Schools
- High school:Ketchikan
- Middle school:Schoenbar
- Elementary school:Point Higgins
Utilities
- Water:Cistern
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,460,000
- Price per sq. ft.:$295.67
- Tax amount:$9,880
Features and amenities
- Appliances:Washer/Dryer
- Laundry features:Washer/Dryer
Parking
- Parking description:Attached
- Garage:Yes
- Garage spaces:1
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