$175,000
SOLD JUN 13, 2025
Last list price

L5 Arlene St Anchorage, AK 99502

Sand Lake Neighborhood
0.23 Acre
$760,870 Price per Acre
10,019 Sq Ft Lot

Recently Sold

15 Days on Market

About This Lot

As of June 2025

This large R2M-zoned lot offers a prime opportunity for multifamily development in a convenient South Anchorage location. Situated near Dimond High School, this level, buildable parcel is ideally positioned near shopping, parks, and major commuting routes. Check 21.06.020 of the Muni code for permitted uses. Seller prefers to sell with adjacent Lot 6, MLS 25-3677.

Last Agent to Sell the Property

Mark Masley

Realty ONE Group Aurora License #15597 Listed on: 04/06/2025

Realty ONE Group Aurora

Last Buyer's Agent

Miche Petersen

Herrington and Company, LLC

Herrington and Company, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,706

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 75 x 135 x 75 x 135
  • Property is zoned R2M, Multi Family Residential

Schools

  • Chinook Elementary School
  • Mears Middle School
  • Dimond High School

Property Details

Property Type

Land

Est. Annual Taxes

$1,706

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 75 x 135 x 75 x 135
  • Road Surface Type: Paved
  • Directions: From Dimond Blvd north on Arlene. Lots on left.
  • Special Features: None

Exterior Features

  • Lot Features: Road Service Area
  • Topography: Level
  • View: No
  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Utilities: Elec - Adj to Site, Nat Gas - Adj Site, Pub Wtr - Adj Site, Sewer - Adj Site

Schools

  • Elementary School: Chinook
  • High School: Dimond
  • Middle Or Junior School: Mears

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 10018.8
  • Mobile Dim Units: Feet
  • Zoning Description: Multi Family Residential
  • Zoning: R2M

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 1706
  • Tax Map Number: N/A
  • Tax Year: 2024

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2025 06/13/25 Sold -- -- --
04/21/2025 04/21/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $175,000 -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mark Masley

    Seller's Agent in 2025

    Mark Masley

    Realty ONE Group Aurora

    (907) 727-7653

    7 in this area

    55 Total Sales

    Mark Masley
    Section Image
  • Miche Petersen

    Buyer's Agent in 2025

    Miche Petersen

    Herrington and Company, LLC

    (907) 727-6424

    31 in this area

    59 Total Sales

    Miche Petersen
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 25-3676

Alaska Multiple Listing Service
Alaska Anchorage Borough Anchorage 99502 Sand Lake

L5 Arlene St, Anchorage, AK

Sold

Lots

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.

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.

Nearby Homes