1586 N Meadow Lakes Drive, Wasilla, AK 99623
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
1586 N Meadow Lakes Drive,Wasilla, AK 99623
$725,000
- 7 Beds
- 4 Baths
- 3,314 sq. ft.
- Multi-family
- Active
Listed by: devon doran
Office: signature real estate alaska
MLS#:26-7536
Source:AK_AMLS
Price summary
- Price:$725,000
- Price per sq. ft.:$218.77
About this home
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....
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Home facts
- Year built:2014
- Listing ID #:26-7536
- Added:6 day(s) ago
- Updated:June 28, 2026 at 09:18 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,314 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Shingle
- Year built:2014
- Building area:3,314 sq. ft.
- Lot area:1.43 Acres
- Construction Materials:Frame, Wood Siding
- Foundation Description:Block, Concrete Perimeter
Schools
- High school:Houston
- Middle school:Houston
- Elementary school:BTV-Undiscl by LL
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$218.77
Features and amenities
- Appliances:Washer/Dryer
- Laundry features:Washer/Dryer
Parking
- Parking description:Attached
- Garage:Yes
- Garage spaces:4
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