$400,000
SOLD SEP 8, 2025
Last list price
4 Beds
1.5 Baths
2,950 Sq Ft
0.63 Acres

Recently Sold

$136 Per Sq Ft

63 Days on Market

Highlights

  • Deck
  • Private Yard
  • 2 Car Attached Garage
  • O'Malley Elementary School Rated A-
  • Fireplace
  • In-Law or Guest Suite

About This Home

As of September 2025

Opportunities like this don't hit the market often. This 2,950 sq ft mid-century home in coveted South Anchorage has been in the same family since it was built in 1966--and it's ready for its next chapter. Never updated, this property is a true blank slate for a full renovation or creative reimagining.Set on a generously sized lot (rare for the area!) and located in a high-demand neighborhoodwith amazing southern exposure, this home is surrounded by well-maintained properties and offers serious upside potential for resale, rental, or redevelopment. Key features include: massive square footage and flexible floor plan, unique atrium space perfect for a dramatic design element, two separate living spaces: ideal for a duplex-style conversion, MIL suite, or high-end gourmet layout, and strong comps in the area after renovation.

Whether you're a seasoned investor looking for your next project or a buyer with a vision, this is your chance to create serious value in one of Anchorage's most desirable locations.

Bring your ideas, your contractor, and your imagination this South Anchorage classic is ready for transformation. New septic is designed, but buyer will need to finish. Property is an estate sale and sold As-is.

Last Agent to Sell the Property

Allana Lumbard

Real Broker Wasilla License #215930 Listed on: 05/29/2025

Co-Listed By

Teal Heller

Real Broker Alaska License #137230

Last Buyer's Agent

Rmg Real Estate Group

RMG Real Estate License #500016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,958

Year Built

  • Built in 1966

Lot Details

  • 0.63 Acre Lot
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned R6, Suburban Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport

Home Design

  • Fixer Upper
  • Metal Roof

Interior Spaces

  • 2,950 Sq Ft Home
  • Fireplace
  • Family Room
  • Washer and Dryer
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Deck
  • Shed

Schools

  • O'malley Elementary School
  • Hanshew Middle School
  • Service High School

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,958

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.63
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1183
  • Co List Office Phone: 855-450-0442
  • Directions: Head South on Seward Highway, Exit onto O'Malley Rd, turn L on O'Malley Rd heading east, stay on road for approx 4.5 miles, house on Left.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Other Equipment: Satellite Dish
  • Has Basement: Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Linoleum
  • Interior Amenities: Basement, BR/BA on Main Level, Family Room, In-Law Floorplan, Laminate Counters, Storage, Sun Room
  • Living Area: 2950
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: City Lot, Poultry Allowed, Road Service Area, Views
  • Topography: Level,Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Unknown - BTV
  • Other Structures: Workshop, Greenhouse, Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure, Fixer
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Phone Connected, Cable Connected
  • Water Source: Private, Well

Schools

  • Elementary School: O'Malley
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 27442.8
  • Mobile Dim Units: Feet
  • Zoning Description: Suburban Residential
  • Zoning: R6

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 6958.24
  • Tax Map Number: N/A
  • Tax Year: 2024

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
09/08/2025 09/08/25 Sold -- -- --
07/31/2025 07/31/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $400,000 0.0% $136 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $400,000 -8.0% $136 / Sq Ft
06/14/2025 06/14/25 Price Changed $435,000 -3.3% $147 / Sq Ft
05/29/2025 05/29/25 For Sale $450,000 -- $153 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 25-6343

Alaska Multiple Listing Service