2701 S Knollwood Drive, Wasilla, AK 99623 (MLS # 26-5384)

Price $539,000
Status Active
Beds 4
Baths 5 Baths
Home size 2,238 sqft
Lot Size 40,511 sqft
Days on Market 12
Excellent income-producing multi-family property offering 3 strong rental units on a very private lot just 1.5 miles from Big Lake. Unit A is partly furnished and features a spacious 1-bedroom layout with office, loft, and 2 full bathrooms, ideal for an owner or long-term tenant. Unit B is fully furnished, turnkey, and ready for immediate short-term rental income with 2 bedrooms, 2 baths, and impressive sunrise and sunset views that attract guests year-round. Unit C is an efficient studio with full bath, perfect for steady rental demand. Major improvements include a brand-new septic system and all new build plumbing, providing peace of mind and reduced maintenance. This property is perfect for investors or owner-occupants--live in one unit while the others offset your mortgage. Close to snowboarding, snowmachining, ice fishing, boating, hiking, and Big Lake recreation.
Property Type(s): Multi Family
Last Updated 5/14/2026 Year Built 1983
Community 1D - Matanuska Susitna Borough County Matanuska-Susitna Borough

SCHOOLS

Elementary SchoolBig Lake
Jr. High SchoolHouston
High SchoolHouston

Additional Details

AREA1D - Matanuska Susitna Borough
HEATForced Air
LOT0.93 acre(s)
LOT DIMENSIONS40510.8
SEWERSeptic Tank
VIEWYes
VIEW DESCRIPTIONMountain(s)
WATERWell
Listing Office: Congress Realty, Inc
Alaska MLS

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