NOT LISTED FOR SALE

42960 Riggs Ave Soldotna, AK 99669

Estimated Value: $143,000 - $765,000

3 Beds
2.5 Baths
2,695 Sq Ft
$171/Sq Ft Est. Value

Last Sold November 26, 2024

Current estimated payment $2,720/month

251 Days on Market

Highlights

  • River Access
  • Home fronts a pond
  • Wood Burning Stove
  • Horses Allowed On Property
  • Deck
  • Vaulted Ceiling

About This Home

As of November 2024

Welcome to your dream Alaskan retreat! This exquisite three-bedroom log home is nestled on a sprawling nearly ten-acre gated property with views of Redoubt and surrounding mountains. With its rustic charm and modern amenities, this property offers a perfect blend of tranquility, privacy, and business opportunities for the nature-loving entrepreneur.As you step inside, you'll be greeted by the warm and inviting ambiance of this log home. The spacious open-concept living area features a wood stove, perfect for cozying up on chilly Alaskan evenings. Large windows frame the picturesque landscape, allowing natural light to flood the space and showcase the awe-inspiring views.

The master bedroom is a true sanctuary, offering a private oasis with an ensuite bathroom and dual closets. The two additional bedrooms are equally spacious and comfortable, providing room for family and guests alike. The bonus room on the lower level is perfect for a home office or theater room.

Step outside, and the property unfolds its true magic. The land provides endless possibilities for horse enthusiasts. The 24x24 barn is undivided and could easily be finished out with stalls if desired or used for a new purpose. One acre is currently fenced for pasture.

For the entrepreneur at heart, a new shop on the property opens doors to various business opportunities. The 40x40 building was designed with the intention of being able to convert to a residential space as well. There are 240v plugs & hot/cold spigots both on the interior and exterior. The 16 ft overhead doors are perfect for storing boats and RVs. A 10ft deep mezzanine runs along the entire back wall. There is a full bathroom & washer/dryer hook ups on the ground level. Whether you envision a workshop or housing, the potential is limitless.

Embrace the great outdoors and take advantage of the generous deck space, where you can BBQ or unwind. The sprawling land also offers ample space for outdoor activities, from gardening to hosting gatherings and events with family and friends. The garden is currently planted with a variety potatoes.

Don't miss this rare opportunity to own a picturesque home with magnificent mountain views just outside city limits. This home truly feels like a nature retreat with the frequent wildlife visitors including sand hill cranes, moose, & caribou! Discover the potential and possibilities that await you in this Alaskan paradise. Act now and make this dream home yours today! For additional privacy, the 0.90 acre lot across the street may be purchased on a SBOS.

Last Agent to Sell the Property

Jessica Young

Signature Real Estate Alaska License #18777 Listed on: 02/15/2024

Last Buyer's Agent

Jessica Young

Signature Real Estate Alaska License #18777 Listed on: 02/15/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1998

Lot Details

  • 9.75 Acre Lot
  • Home fronts a pond
  • Poultry Coop
  • Private Yard
  • Suitable for Bed and Breakfast

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Tuck Under Parking

Home Design

  • Block Foundation
  • Metal Roof
  • Block Exterior
  • Log Siding

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Den
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • River Access
  • Deck
  • Shed

Schools

  • Soldotna Elementary School
  • Skyview Middle School
  • Soldotna High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating Available
  • Electricity To Lot Line
  • Private Water Source
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,434

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 9.75
  • Road Frontage Type: Airplane Access, Government
  • Road Surface Type: Gravel
  • Directions: Mackey Lake Rd. 3rd Left on Riggs Ave. 2nd driveway on Right. Chain link gate. Do not enter property without Realtor. For sale sign posted.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1998
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Basement, BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Den &/Or Office, Granite Counters, Pantry, Vaulted Ceiling(s), Storage
  • Living Area: 2695

Exterior Features

  • Lot Features: Fire Service Area, Horse Property, Landscaped, Poultry Allowed, Road Service Area, Views
  • Topography: Level
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Pond, River Access
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Block, Log, Log Siding, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Workshop, Barn/Shop, Poultry Coop, Greenhouse, Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached, Heated Garage, Tuck Under, No Carport
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Phone Connected
  • Water Source: Private, Well

Schools

  • Elementary School: Soldotna
  • High School: Soldotna
  • Middle Or Junior School: Skyview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 424710
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2025
Sold by
Frazier Brad and Frazier Linda
Bought by
Frazier Linda Gayle and Frazier Bradley L
Current Estimated Value
$460,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$146,335
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$314,140

Purchase Details

Listed on
Feb 15, 2024
Closed on
Nov 22, 2024
Sold by
Young Cole B and Young Jessica A
Bought by
Frazier Brad and Frazier Linda
Seller's Agent
Jessica Young
Signature Real Estate Alaska
Buyer's Agent
Jessica Young
Signature Real Estate Alaska
List Price
$849,000
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.14%
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Frazier Linda Gayle -- First American Title
Frazier Brad -- First American Title
Frazier Brad -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Linda Gayle $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold -- -- --
10/26/2024 10/26/24 Pending -- -- --
09/17/2024 09/17/24 Price Changed $798,000 -6.0% $296 / Sq Ft
07/27/2024 07/27/24 Price Changed $849,000 0.0% $315 / Sq Ft
07/27/2024 07/27/24 For Sale $849,000 -4.5% $315 / Sq Ft
04/26/2024 04/26/24 Off Market -- -- --
04/16/2024 04/16/24 Price Changed $889,000 -5.2% $330 / Sq Ft
02/17/2024 02/17/24 For Sale $938,000 -- $348 / 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 $3,434 $581,300 $71,600 $509,700
2024 $3,434 $435,000 $65,100 $369,900
2023 $252 $28,300 $19,000 $9,300
2022 $166 $19,000 $19,000 $0
2021 $140 $17,000 $17,000 $0
2020 $148 $16,500 $16,500 $0
2019 $140 $15,600 $15,000 $600
2018 $140 $15,600 $15,000 $600
2017 $133 $15,600 $15,000 $600
2016 $136 $15,700 $15,000 $700
2015 $131 $15,400 $15,000 $400
2014 $131 $15,400 $15,000 $400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-1440

Alaska Multiple Listing Service

APN: 058-033-05