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North Lakes

North Lakes

$410,965 Average Value

North Lakes offers space to breathe just outside Anchorage

If you're looking for acreage while maintaining an easy commute to Anchorage, North Lakes might be your next new neighborhood. "The vast majority of residents here work in Anchorage," says Realtor Richelle Killian with Keller Williams Realty Alaska Group. "You can hop on Parks Highway and get to work in just over 30 minutes. It's also a great place to buy acreages without being as pricey as Anchorage."

Properties here often come with at least a half-acre of land

Homes here offer a little elbow room, so it's easy to spread out and build a small homestead. You'll primarily find established ranchers and ramblers mixed in with cabin-like split levels and estates on vast plots of land. You'll also find waterfront homes on the lakes, so you can get out on the water whenever you like. Homes here typically offer a half-acre up to three acres of land, which may sit on spacious meadows with mountain views or dense evergreen forest. Prices here range from $235,000 for a rambler to around $450,000 for a split level and $700,000 for a larger estate or lakefront home. Typically, the more acreage your new home has, the more expensive the sale price might be.

Multiple area schools post above-average test scores

The Matunuska-Sisitna School District serves students in the area, with both Larson Elementary School and Cottonwood Creek Elementary School serving Pre-Kindergarten through fifth grade. "Schools in the area are well-rated, which is another big draw for those moving out of Anchorage into the Wasilla area," adds Killian. At Larson Elementary School, rated above average for test scores on Great Schools, students can participate in various extracurriculars like Art Club, LEGO Club and Chess Club. Cottonwood Creek scores above average for both test scores and student progress on Great Schools and provides students with various activities. The extracurricular programs here include Chess Club, Math Olympiad and Science Olympiad. At Teeland Middle School, which serves grades six through nine, students test average according to Great Schools. The school supports students with their Study Hall program and Math Lab. Colony High School is ranked above average for test scores and college readiness on Great Schools and serves grades nine through 12. The school offers college readiness counseling, scheduling college visits, offering SAT prep courses and providing financial aid and scholarship assistance.

Recreation on the water is easy to find

In addition to the acreages you can buy here, you're close to numerous outdoor recreation opportunities, with nearly a dozen lakes to choose from. Head to Wasilla Lake for boating, swimming, kayaking and winter ice fishing. Newcomb Park sits on the lake's shores, offering picnic-perfect green spaces, walking trails and a playground. Kings Lake is another favorite for residents within the area. You can camp here, go hiking, swim or take out a kayak on the lake to go fishing. You're also just twelve miles from the Alaska State Fairgrounds, where you can camp out and walk over to the Fair each day of your trip for a fantastic staycation.

Though scenic, North Lakes is home to big-box stores and restaurants

One of the biggest perks of the community is how secluded and tranquil the area is, but you're not far from daily necessities. You'll find the central commercial hub at the intersection of Parks Highway and East Palmer-Wasilla Highway. Get groceries at Fred Meyer, stock up on decor at Target or get your pet supplies at the local Petco. There are primarily fast-food restaurants in the area, but some locally owned favorites include Hacienda Mexican, a choice for platters of tacos, and E Lu Fa, a go-to for Chinese takeout. In Downtown Wasilla, you'll find several microbreweries, like Last Frontier Brewing or Bearpaw River Brewing Company.

Interested in learning more about homes in this area? Reach out to Heidi Stephan, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Open Houses

  • Saturday, Jul 26
    1 - 4pm

    3872 N Charley Dr, Wasilla, AK 99654

    $699,999

    • 5 Beds
    • 3 Baths
    • 3,108 Sq Ft
    • 3872 N Charley Dr
    • New 2 days ago

    Luxury, privacy, and adventure combine in this exceptional 5-bed, 3-bath estate nestled on 1.73 acres just minutes from downtown Wasilla. Boasting 3,108 sq ft of thoughtfully designed living space, this property offers upscale finishes and unmatched versatility -- ideal for entertainers, outdoor enthusiasts, and anyone seeking a refined Alaskan lifestyle.Inside, the gourmet chef's kitchen

    Jordan Savage EXP Realty LLC - Midtown Anchorage

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  • Saturday, Jul 26
    1 - 4pm

    4539 E Kilo Dr, Wasilla, AK 99654

    $489,000

    • 4 Beds
    • 2.5 Baths
    • 1,812 Sq Ft
    • 4539 E Kilo Dr
    • New 5 days ago

    Welcome to this charming 2-story home on a quiet street, centrally located. Features include, real wood beams, a lush lawn, large upgraded shed/shop with 220 electrical, rv hookups, top-tier finishes, water system, remote control blinds, LVP, quartz counters and a chicken coop! Pride of ownership shines throughout on this adorable immaculately maintained home. Don't miss the open house!

    Sarah Palenske Signature Real Estate Alaska

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  • Saturday, Jul 26
    1 - 4pm

    7687 E Wolf Creek Rd, Wasilla, AK 99654

    $585,000

    • 4 Beds
    • 2 Baths
    • 2,099 Sq Ft
    • 7687 E Wolf Creek Rd
    • New 26 days ago

    Just listed in Vail Estates! This spacious ranch-style home features 4 bedrooms, 2 full bathrooms, and a 3-car garage, all situated on a generous 0.92-acre lot. Enjoy the comfort of updated carpet in the private primary suite. A great opportunity and good commute location.

    Stephanie Gamble Keller Williams Realty Alaska Group of Wasilla

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

North Lakes Has More Owners

Demographics

Total Population
11,221
Median Age
37
Population under 18
27.9%
On par with the national average
23.8%
Population over 65
14.5%
On par with the national average
19.1%

Finances

Median Household Income
$85,327
Above the national average
$71,702
Average Household Income
$108,671

Education and Workforce

High School Graduates
94.5%
Above the national average
89.1%
College Graduates
25.1%
Below the national average
34.1%
Advanced Degrees
8.8%
% Population in Labor Force
61%

Area Factors

Somewhat Bikeable

Bike Score®®

31 / 100

Car-Dependent

Walk Score®®

7 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
North Lakes