$1,180,000
SOLD OCT 27, 2025
Last list price

1115 S Spring Dr Wasilla, AK 99623

12 Beds
8 Baths
5,040 Sq Ft
1.16 Acres

Recently Sold

$234 Per Sq Ft

15 Days on Market

Highlights

  • 8 Car Attached Garage
  • Concrete Flooring
  • Radiant Heating System
  • Attached Carport

About This Home

As of October 2025

Ever considered purchasing a full blown Alaskan Compound built to defy the harsh Alaskan climate? This rarely built CONCRETE four-plex could be yours. Whether you are a seasoned investor, looking to build your portfolio or a family in need of multi-generational living, this is a unique opportunity to acquire a fully constructed ICF four-plex.This fully detached four-plex features high quality 3-bedroom, 2-bathroom units, each with attached garages.
Inside, you'll find modern finishes including stained & polished concrete floors with in-floor heat, solid surface countertops, and marble-topped vanities. The property is built to last with 30-year-warrantied factory painting, shingles, and a high R-60 roof insulation package. The low-maintenance, efficient design keeps utility costs minimal, making it a perfect choice for long-term rental income. Constructed with Insulated Concrete Form (ICF) technology, the buildings boast superior strength, disaster resilience, and energy efficiency, making it ideal for Alaska's toughest environments. ICF walls, reinforced with steel and filled with concrete, create a nearly indestructible structure that can withstand winds up to 250 mph and fire resistance for over 4 hours. Additionally, the ICF exterior provides remarkable thermal mass, keeping indoor temperatures stable while reducing heating and cooling costs. Whether you're adding to your investment portfolio or seeking a flexible multi-family option, this ICF-constructed fourplex is built for sustainability and reliability. Don't miss out on this unique opportunity!

Last Agent to Sell the Property

Cole Whitaker

Signature Real Estate Alaska License #159657 Listed on: 07/30/2025

Last Buyer's Agent

Cole Whitaker

Signature Real Estate Alaska License #159657 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 1.16 Acre Lot

Home Design

  • Quadruplex
  • Insulated Concrete Forms
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,040 Sq Ft Home
  • Concrete Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 8 Car Attached Garage
  • Attached Carport

Schools

  • Big Lake Elementary School
  • Houston Middle School
  • Houston High School

Utilities

  • Radiant Heating System
  • Shared Well
  • Septic Tank

Community Details

  • 4 Buildings
  • 4 Units
  • Built by Remote Alaska Solutions

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.16
  • Directions: Parks Hwy, just before Johnsons Rd, take a R on Ridgecrest, L on Margin Way which turns into Spring Dr, property on the R, before the T.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Quadruplex
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Number Of Buildings: 4
  • Full Bathrooms: 8
  • Total Bedrooms: 12
  • Flooring: Concrete
  • Living Area: 5040

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: Lake Privileges, None
  • Waterfront: No
  • Builder Name: Remote Alaska Solutions
  • Construction Type: Concrete
  • Foundation Details: Quad-Lock
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: No Carport, Attached
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Shared Well

Schools

  • Elementary School: Big Lake
  • High School: Houston
  • Middle Or Junior School: Houston

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 50529.6
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK

Green Features

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Map Number: HO16

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 Sold -- -- --
08/14/2025 08/14/25 Pending -- -- --
08/09/2025 08/09/25 Price Changed $1,180,000 -3.7% $234 / Sq Ft
07/30/2025 07/30/25 For Sale $1,225,000 -- $243 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Cole Whitaker

    Signature Real Estate Alaska

    (907) 671-6786

    5 in this area

    73 Total Sales

    Cole Whitaker
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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-9736

Alaska Multiple Listing Service
Alaska Matanuska-Susitna Borough Wasilla 99623

1115 S Spring Dr, Wasilla, AK

Sold

MultiFamily

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