$440,000
$10K PRICE DROP

700 N Colonial Dr Wasilla, AK 99654

South Lakes Neighborhood

Estimated payment $2,837/month

Total Views 30,317
4 Beds
2 Baths
1,600 Sq Ft
$275 Price per Sq Ft

About This Home

This almost new duplex is perfect for those who prefer turnkey. Completely rebuilt 23/24 & BEAUTIFUL inside! To include upgraded appliances. This is a sought-after location centrally located in a subdivision, with private access to a Colonial Park & Cottonwood Lake! Lake access to enjoy w/ out the lakefront price!! See CCRS, this location allows for more than 2 units. BTV.

Listing Agent

Shannon Parberry

Jack White Real Estate Mat Su License #15532 Listed on: 05/16/2025

Jack White Real Estate Mat Su

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Home Design

  • 1,600 Sq Ft Home
  • Duplex
  • Treated Wood Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 10 Parking Spaces
  • Paved Parking
  • Open Parking

Schools

  • Cottonwood Creek Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic Tank

Additional Features

  • Washer and Dryer
  • 1.01 Acre Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.01
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved
  • Directions: Palmer Wasilla Hwy, head north on N Plymouth Cir, Immediate left on E Mayflower Ln, Right on Colonial Dr, property on the left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Luxury Vinyl
  • Living Area: 1600

Exterior Features

  • Lot Features: Covenants
  • Topography: Level
  • View: No
  • Waterfront Features: Lake Privileges, None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame - 2x6
  • Foundation Details: All-Weather Wood
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: Paved, No Carport, No Garage
  • Total Parking Spaces: 10

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Private

Schools

  • Elementary School: Cottonwood Creek
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 43995.6
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned-all MSB but Palmer/Wasilla/Houston
  • Zoning: UNZ

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: WA10

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

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Price Changed $440,000 -2.2% $275 / Sq Ft
07/08/2025 07/08/25 For Sale $450,000 0.0% $281 / Sq Ft
06/24/2025 06/24/25 Off Market -- -- --
06/06/2025 06/06/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $450,000 -- $281 / Sq Ft
Source: Alaska Multiple Listing Service

About the Listing Agent

Shannon Parberry
Shannon Parberry

Jack White Real Estate Mat Su

(844) 790-5121

Section Image

Born in B.C. Canada, I moved to the beautiful state of Alaska in 1984 after attending Gonzaga University. I am married to a lifelong Alaskan and we have 4 dogs. Every day I feel fortunate to live and work in this great state!
If you are ready to buy, or sell your home and would like to work with a true professional with over 28 YEARS of PROVEN RESULTS, give me a call. I will make sure you receive the attention you deserve. Buying or selling Real Estate can be a very big decision and mistakes

View Shannon's Profile

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Source: Alaska Multiple Listing Service

MLS Number: 25-5759

Alaska Multiple Listing Service
Alaska Matanuska-Susitna Borough Wasilla 99654 South Lakes

700 N Colonial Dr, Wasilla, AK

This home is located at 700 N Colonial Dr, Wasilla, AK 99654 and is currently priced at $440,000, approximately $275 per square foot. This property was built in 1983. 700 N Colonial Dr is a home located in Matanuska-Susitna Borough with nearby schools including Cottonwood Creek Elementary School, Colony Middle School, and Colony High School.

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Alaska Multiple Listing Service 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.

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Shannon Parberry
Shannon Parberry
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Jack White Real Estate Mat Su
(844) 790-5121