460 S August Cir Wasilla, AK 99654
South Lakes NeighborhoodEstimated payment $1,241/month
Highlights
- Home fronts a creek
- River View
- Raised Ranch Architecture
- Cottonwood Creek Elementary School Rated 9+
- Vaulted Ceiling
- 2 Car Attached Garage
About This Home
Investment Opportunity on Cottonwood Creek - Cozy Home with ADU!Don't miss this rare investment opportunity nestled along beautiful Cottonwood Creek. This charming home offers peaceful creekside living with excellent rental potential, thanks to a separate Accessory Dwelling Unit (ADU) that has previously housed a long-term tenant.Inside the main home, you'll find a warm, inviting space featuring vaulted ceilings and large windows that flood the interior with natural light and showcase serene views of the creek. The spacious kitchen is open to the living room, perfect for entertaining or relaxing, with sliding glass doors ready to lead out to a future deck your own private perch over the water.
The bedroom is generously sized, with a great closet, and the bathroom is neat, spacious, and well-maintained.
Outside, enjoy the tranquil setting, mature trees, and the sounds of the flowing creek just steps away. The ADU adds valuable income potential or could serve as a guest space, studio, or office.
Whether you're looking for a peaceful primary residence with income potential, or a smart addition to your investment portfolio, this unique property offers both charm and versatility.
VA Assumable for the right buyer- 3.25%
Key Features:
1 bed / 1 bath main home
Vaulted ceilings & big windows
Open-concept kitchen & living space
Roomy bedroom & spacious bath
ADU with rental history
Beautiful creekside setting
Schedule your showing today and discover the potential of Cottonwood Creek living!
Home Details
Home Type
- Single Family
Year Built
- Built in 1983
Lot Details
- 0.55 Acre Lot
- Home fronts a creek
- Suitable for Bed and Breakfast
- Property is zoned UNZ, Not Zoned-all MSB but Palmer/Wasilla/Houston
Parking
- 2 Car Attached Garage
- Attached Carport
Home Design
- Raised Ranch Architecture
- Log Cabin
- Block Foundation
- Slab Foundation
- Metal Roof
- Block Exterior
- Concrete Block And Stucco Construction
Interior Spaces
- 900 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- River Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Schools
- Btv-Undiscl By Ll Elementary And Middle School
- Btv-Undiscl By Ll High School
Utilities
- Heating Available
- Private Water Source
- Well
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,886 | $242,500 | $37,200 | $205,300 |
| 2024 | $2,886 | $225,300 | $37,200 | $188,100 |
| 2023 | $2,731 | $217,000 | $37,200 | $179,800 |
| 2022 | $2,782 | $200,400 | $37,200 | $163,200 |
| 2021 | $2,772 | $181,100 | $37,200 | $143,900 |
| 2020 | $2,749 | $174,400 | $37,200 | $137,200 |
| 2019 | $2,684 | $168,900 | $37,200 | $131,700 |
| 2018 | $2,627 | $166,200 | $37,200 | $129,000 |
| 2017 | $2,596 | $164,200 | $37,200 | $127,000 |
| 2016 | $2,558 | $165,700 | $37,200 | $128,500 |
| 2015 | $2,243 | $157,700 | $31,200 | $126,500 |
| 2014 | $2,243 | $148,200 | $31,200 | $117,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/28/2025 09/28/25 | Price Changed | $190,000 | +2.2% | $211 / Sq Ft | |
| 09/27/2025 09/27/25 | Pending | -- | -- | -- | |
| 09/25/2025 09/25/25 | For Sale | $186,000 | +3.3% | $207 / Sq Ft | |
| 06/02/2015 06/02/15 | Sold | -- | -- | -- | View Prior Sale |
| 04/16/2015 04/16/15 | Pending | -- | -- | -- | |
| 04/13/2015 04/13/15 | For Sale | $180,000 | -- | $207 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Mckinley Title & Trust Inc | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Alaska Multiple Listing Service
MLS Number: 25-12380
APN: 1016000L001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
- 701 New Maney Dr
- 700 S Hermon Rd
- 2601 E Quiet Cir
- 1796 E Neil Cir Unit 4
- 1796 E Neil Cir Unit 3
- 2200 Sun Mountain Ave
- NHN S Roberts St
- 1141 N Elsinore Ave
- 1181 N Elsinore Ave
- 1072 E Westpoint Dr Unit 6
- 3101 E Sun Mountain Ave
- A002 No Rd
- 985 E Usa Cir
- 900 E Horvath Dr
- 1700 S Cotten Dr
- 2050 E Totem Rd
- 1840 E Totem Rd
- 1331 N Tanana Dr
- 3401 E Cottle Loop
- 1000 E Dellwood St