$565,000
SOLD APR 21, 2025
Last list price

2701 N Mcrae Dr Wasilla, AK 99654

3 Beds
3 Baths
1,939 Sq Ft
2.83 Acres

Recently Sold

$291 Per Sq Ft

8 Days on Market

Highlights

  • 2.83 Acre Lot
  • Wood Burning Stove
  • Fireplace
  • Chalet
  • Vaulted Ceiling
  • 1 Car Attached Garage

About This Home

As of April 2025

Woodland retreat with glorious mountain and lake views: Pioneer Peak, Lazy Mountain, and the Talkeetnas, and across the road to Finger Lake! 2.83 acres with exceptional privacy, on a cul-de-sac, with a charming detached cabin that can be used as a shop or studio. This single-owner custom home is as drenched with character and coziness as it is with south-facing sunlight!Perennial gardens, apple trees, raspberries & extensive rock landscaping, with a back driveway accessing the cabin, garage, and shed and a front entrance to the deck.The home is a beautifully maintained, spruce sided, hilltop chalet with rebuilt 400 sq ft deck, delightful three season sunroom, covered outdoor kitchen, & 430 sq ft three-season workshop/cabin with wall to wall windows. There's ample room on the property to build a huge shop or garage, should more toy/work space be needed.The chalet's ground floor has a single car garage, bonus room, and bedroom suite/family room/apartment (as you wish) with private bathroom and full kitchen, which rents for $1100. The main level boasts a south facing great room, where tropical house plants (large ones can convey with the home) reach toward the 24 ft vaulted ceiling. It features rustic wood beam construction and exudes Alaskan style and charm: this is a comfortable home with the vibe of a cozy cabin retreat! From the balcony of the loft's master bedroom suite (which makes a nice office perch), you can celebrate the northern lights & the morning sun. Extensive tile floors, colorful bathroom tilework, and the warmth of golden wood make this home unique, with a classic design that stands the test of time. This is not just another gray spec house! The 2.83 acres, near-lakeside location, exceptional views even by Alaska standards, and separate dwelling downtstairs (ideal for family, visitors, or rental income) make this a highly unusual opportunity in the Palmer/Wasilla market.Highlights:- Rare 2.83 acre lot near Finger Lake in Wasilla, right of Bogard and Trunk Road: easy commute location- Custom home with one owner since construction in 1984. Built and maintained for charm, coziness, and longevity- Downstairs bedroom with kitchenette and private works great for guests, family, or for potential rental income- Outside dry cabin/stop/studio with a wall of windows and gorgeous wood siding- Mountain views in three directions and Knik Glacier views on a clear day- Beautiful custom tilework in the bathrooms- Tropical plants reach the double-height ceiling in the great room, may stay if desired- Apple trees, raspberry patch, and fire pit- No HOA, minimal covenantsBetween the lot size, lake and short commute location, guest apartment, and incredible charm and views, this is truly a rare find in the Valley. Call your Alaska real estate licensee of choice to schedule a private showing today.

Last Agent to Sell the Property

Sean Williams

EXP Realty, LLC License #178906 Listed on: 02/12/2025

EXP Realty, LLC

Last Buyer's Agent

Polly Reutov

Frontier Realty License #166857

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $724

Year Built

  • Built in 1984

Lot Details

  • 2.83 Acre Lot
  • Zoning described as Unknown (re: all MSB)

Parking

  • 1 Car Attached Garage
  • Attached Carport

Home Design

  • Chalet

Interior Spaces

  • 1,939 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Wood Burning Stove
  • Fire and Smoke Detector
  • Oven or Range
  • Washer and Dryer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • Soaking Tub

Schools

  • Finger Lake Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Heating Available
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$724

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.83
  • Directions: From E Bogard turn South onto N McRae Drive for .2miles. Please do not park in driveway, Pcontinue to turn left on Finger lake South View Dr and park at pullout in front of house (sign posted).
  • Architectural Style: Chalet/A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 1984
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Interior Amenities: BR/BA on Main Level, In-Law Floorplan, Soaking Tub, Vaulted Ceiling(s)
  • Living Area: 1939
  • Window Features: Window Coverings

Exterior Features

  • Waterfront Features: None, Lake Privileges
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Wood Siding
  • Foundation Details: Unknown - BTV
  • Property Condition: Existing Structure

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garaged Spaces: 1
  • Parking Features: Attached, Heated Garage, No Carport
  • Total Parking Spaces: 1

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Natural Gas, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: Finger Lake
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 123274.8
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown (re: all MSB)
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 724
  • Tax Map Number: WA07
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2001
Sold by
Devoe David C and Farksy Devoe Judy P
Bought by
Mcelroy Robert J
Current Estimated Value
$494,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Outstanding Balance
$26,206
Interest Rate
7%
Mortgage Type
Seller Take Back
Estimated Equity
$484,793
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $63,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 Sold -- -- --
03/03/2025 03/03/25 Pending -- -- --
02/22/2025 02/22/25 For Sale $565,000 -- $291 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $724 $345,600 $51,700 $293,900
2024 $724 $329,200 $51,700 $277,500
2023 $661 $318,700 $51,700 $267,000
2022 $959 $292,500 $51,700 $240,800
2021 $576 $258,400 $51,700 $206,700
2020 $378 $243,700 $51,700 $192,000
2019 $245 $234,500 $51,700 $182,800
2018 $242 $230,900 $51,700 $179,200
2017 $142 $227,600 $51,700 $175,900
2016 $148 $228,300 $50,300 $178,000
2015 $665 $224,500 $50,300 $174,200
2014 $665 $216,500 $50,300 $166,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-1526

Alaska Multiple Listing Service

APN: 1429B02L004