$1,100,000
$100K PRICE DROP

550 W Selina Ln Wasilla, AK 99654

Estimated payment $6,310/month

Total Views 29,444
4 Beds
3.5 Baths
3,736 Sq Ft
$294 Price per Sq Ft

Highlights

  • Docks
  • Waterfront
  • Deck
  • Unobstructed Views
  • Wolf Appliances
  • Vaulted Ceiling

About This Home

Lakefront Luxury in the Heart of Wasilla!Live your Alaskan dream on beautiful Lake Lucile with this stunning waterfront home set on a private 1-acre lot. Designed for comfort and entertaining, the open and airy main level features a chef's kitchen with premium Wolf appliances, a spacious primary suite, and expansive south-facing windows that flood the home with natural light and lake views.Downstairs, the walk-out basement includes two private bedroom suites, an additional bedroom, family room, kitchenette, and ample storageperfect for guests or multi-generational living. Enjoy radiant in-floor heat throughout, powered by a commercial-grade heating system for year-round efficiency.
Step outside to beautifully landscaped grounds with lush perennials, a peaceful pond, cascading waterfall, and charming footbridge. The new Trex deck offers plenty of space to relax, with a covered BBQ area and recessed lighting for evening ambiance. At the water's edge, a lakeside firepit and private dock are ready for your boat or floatplane.
Whether you're looking for a luxurious lake home or want to revive this former bed & breakfast, this property offers endless opportunity. Create your own lakeside retreat or welcome travelers seeking an unforgettable Alaskan experience.
Buyer to verify all

Listing Agent

Tammy Ervin

Keller Williams Realty Alaska Group of Wasilla License #16543 Listed on: 06/02/2025

Keller Williams Realty Alaska Group of Wasilla

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,390

Year Built

  • Built in 2001

Lot Details

  • 1.05 Acre Lot
  • Waterfront
  • Suitable for Bed and Breakfast
  • Property is zoned R1, Single Family Res (re: Cities Palmer/Wasilla)

Parking

  • 3 Car Attached Garage
  • Attached Carport
  • Open Parking

Property Views

  • Lake Views
  • Unobstructed Views

Home Design

  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,736 Sq Ft Home
  • Vaulted Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Family Room
  • Washer and Dryer
  • Finished Basement

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Wolf Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Docks
  • Deck
  • Fire Pit
  • Shed

Schools

  • Iditarod Elementary School
  • Wasilla Middle School
  • Wasilla High School

Utilities

  • Heating Available
  • Private Water Source
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,390

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.05
  • Road Frontage Type: Airplane Access, Floatplane, Water
  • Road Surface Type: Paved
  • Water Body Name: Lake Lucille
  • Directions: Parks Hwy, south onto Hjellen Dr, immediate right to Buford Place, left on Selina, home on the right.
  • Architectural Style: Hlsd Rnch/Dlt Bsmnt
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 2001
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer, Wine/Beverage Cooler
  • Other Equipment: Air Exchanger
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Fire Pit
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Basement, BR/BA on Main Level, BR/BA Primary on Main Level, Family Room, In-Law Floorplan, Solid Surface Counter, Vaulted Ceiling(s)
  • Living Area: 3736
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Fire Service Area, City Lot, Landscaped, Road Service Area, SBOS Reqd-See Rmrks, Views
  • Topography: Level,Sloping
  • View: Lake, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: Waterfront, Waterfront Access, Lake Front, Lake Privileges, Motorized
  • Waterfront: Yes
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6, Vinyl Siding
  • Exterior Features: Dock
  • Foundation Details: Block, Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Attached, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Heating: Fireplace(s), Natural Gas, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Private, Well

Schools

  • Elementary School: Iditarod
  • High School: Wasilla
  • Middle Or Junior School: Wasilla

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 45738
  • Mobile Dim Units: Feet
  • Zoning Description: Single Family Res (re: Cities Palmer/Wasilla)
  • Zoning: R1

Green Features

Multi Family

Tax Info

  • Tax Map Number: WA12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,390 $805,200 $131,000 $674,200
2024 $5,390 $779,500 $131,000 $648,500
2023 $5,082 $757,600 $131,000 $626,600
2022 $7,524 $693,400 $131,000 $562,400
2021 $7,376 $610,000 $131,000 $479,000
2020 $7,100 $569,300 $131,000 $438,300
2019 $6,946 $554,100 $131,000 $423,100
2018 $6,690 $536,000 $131,000 $405,000
2017 $6,464 $517,900 $131,000 $386,900
2016 $6,239 $514,200 $131,000 $383,200
2015 $3,521 $499,900 $131,000 $368,900
2014 $3,521 $471,400 $122,000 $349,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Price Changed $1,100,000 -4.3% $294 / Sq Ft
07/31/2025 07/31/25 Price Changed $1,150,000 -4.2% $308 / Sq Ft
06/13/2025 06/13/25 For Sale $1,200,000 +71.4% $321 / Sq Ft
08/09/2013 08/09/13 Sold -- -- --
07/09/2013 07/09/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $700,000 -- $184 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $625,500 VA
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 25-6662

Alaska Multiple Listing Service

APN: 4758000L004