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Rare opportunity to own a premier lakefront property on Wasilla Lake with deep water access, an L-shaped dock, and seasonal floatplane accessibility. Located on approximately 0.74 acres outside Wasilla city limits, this exceptional property offers privacy, mature trees, a large flat yard to the water, and endless potential. Perfectly positioned in one of the Valley's most desirable commuter locations, this property offers the best of both worlds--peaceful lakefront living with quick access to Anchorage and nearby Wasilla amenities. Originally built as a cabin in 1955, the home was substantially expanded and remodeled in 1975 and again in 1996, creating a spacious custom lakefront residence filled with authentic Alaska character. The home is being sold AS-IS, presenting a rare opportunity for the next owner to complete and customize this property. Major infrastructure improvements include a new septic system and lift station installed in 2021, both the house and detached oversized 2-car garage are located outside the floodplain--a rare and valuable advantage for lakefront ownership. Additional highlights include large lake-facing windows, excellent open-concept potential, a backup generator system, and a quiet, private setting surrounded by mature trees. Ideal for investors, pilots, or buyers seeking to create a one-of-a-kind Alaska lakefront retreat with substantial upside potential.
Property Type(s):
Single Family
| Last Updated | 5/18/2026 | Tract | Odsather |
|---|---|---|---|
| Year Built | 1955 | Community | 1D - Matanuska Susitna Borough |
| Garage Spaces | 2.0 |
SCHOOLS
| Elementary School | BTV-Undiscl by LL |
|---|---|
| Jr. High School | BTV-Undiscl by LL |
| High School | BTV-Undiscl by LL |
Additional Details
| APPLIANCES | Dishwasher, Refrigerator |
|---|---|
| AREA | 1D - Matanuska Susitna Borough |
| BASEMENT | Yes |
| CONSTRUCTION | Frame, Metal Siding, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Natural Gas |
| INTERIOR | Sauna |
| LOT | 0.74 acre(s) |
| LOT DESCRIPTION | Level, Waterfront |
| LOT DIMENSIONS | 32234.4 |
| PARKING | Detached, RV Access/Parking |
| SEWER | Septic Tank |
| STYLE | Other |
| SUBDIVISION | Odsather |
| VIEW | Yes |
| VIEW DESCRIPTION | Lake |
| WATER | Private, Well |
| WATER ACCESS | Wasilla Lake |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Lake Front, Lake Privileges |
Listing Office: Keller Williams Realty Alaska Group of Wasilla
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 Petersburg Properties LLC 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 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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