Fly Home to Luxury: Exclusive Airstrip Living on 5.71 Private Acres in Wasilla! Welcome to an unparalleled Alaskan estate designed for aviation enthusiasts and those who demand the finest in high-end, energy-efficient construction. This premier property offers direct taxiway access to a 2,000-foot, East-West oriented runway (6AK7)--exclusive solely to the residents of Rainbow Heights Estates. Nestled privately on a beautifully manicured 5.71-acre lot, this 5-Star Energy Rated, like-new traditional two-story home welcomes you with a grand circular driveway, impeccably groomed lawns, and pristine paved RV parking. Step inside to a masterclass in craftsmanship, featuring soaring ceilings, solid wood doors throughout and stunning peninsula fireplaces. The thoughtful, high-efficiency floor plan boasts two incredible primary bedrooms, each featuring its own private en-suite bathroom complete with luxurious heated flooring. The heart of the home is a true chef's kitchen, boasting solid-surface countertops, premium stainless steel appliances, a walk-in pantry, and a seamless flow into a phenomenal enclosed porch. Complete with plumbed gas for your grill and an in-ceiling sound system that extends into the living room, it is the ultimate year-round entertaining space.
Outside, composite decks and architectural roofing ensure low-maintenance longevity, while the backyard features a dedicated firepit area perfect for crisp Alaskan evenings. Car enthusiasts will fall in love with the massive 1,256 sq. ft., 4-car attached garage featuring pristine epoxied floors.
The Ultimate Pilot's Paradise: A short walk or ATV ride from the main home brings you directly to the runway's edge and your crown jewel: a spectacular 1,760 sq. ft. private airplane hangar. Engineered to perfection, the hangar features energy-saving in-floor radiant heat, an on-demand water heater, a convenient half bathroom, beautifully epoxied floors, and an insulated hydraulic hangar door equipped with a 12-volt winch and bright LED lighting. Directly above the hangar floor, a secure 560 sq. ft. storage loft provides the perfect place to safely pack away flight gear, wings, parts, or winter adventure equipment.
The hangar can be seamlessly accessed from the main residence, or you can drive ground vehicles right to the hangar door via a secure, gated, and privately maintained road. Whether you are taxiing in from a flight over the Talkeetna Mountains or hosting friends by the fire, this estate offers a rare combination of energy efficiency, luxury, and true fly-in, fly-out convenience. Your runway to the perfect Alaskan lifestyle starts here! Loan is assumable at 2.625% with current lender approval.
Property Type(s):
Single Family
|
Last Updated |
7/7/2026 |
Tract |
Rainbow Heights Est |
|---|
|
Year Built |
2005 |
Community |
1D - Matanuska Susitna Borough |
|---|
|
Garage Spaces |
4.0 |
County |
Matanuska-Susitna Borough |
|---|
SCHOOLS
| Elementary School | Meadow Lakes |
|---|
| Jr. High School | Houston |
|---|
| High School | Houston |
|---|
Price History
|
Prior to Jul 6, '26 | $1,150 |
|---|
| Jul 6, '26 - Today | $1,150,000 |
|---|
Additional Details
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
|---|
| AREA | 1D - Matanuska Susitna Borough |
|---|
| CONSTRUCTION | Frame, Wood Siding |
|---|
| EXTERIOR | Fire Pit, Private Yard, Storage |
|---|
| FIREPLACE | Yes |
|---|
| GARAGE | Attached Garage, Yes |
|---|
| HEAT | Forced Air, Natural Gas, Radiant Floor |
|---|
| HOA DUES | 150 |
|---|
| INTERIOR | Pantry, Vaulted Ceiling(s), Wired for Sound |
|---|
| LOT | 5.71 acre(s) |
|---|
| LOT DESCRIPTION | Landscaped, Rolling Slope, Waterfront |
|---|
| LOT DIMENSIONS | 248727.6 |
|---|
| PARKING | Garage Door Opener, Paved, Attached, Heated Garage, Circular Driveway, RV Access/Parking |
|---|
| SEWER | Septic Tank |
|---|
| STYLE | Traditional |
|---|
| SUBDIVISION | Rainbow Heights Est |
|---|
| TAXES | 10274.74 |
|---|
| VIEW | Yes |
|---|
| VIEW DESCRIPTION | Mountain(s) |
|---|
| WATER | Well |
|---|
| WATERFRONT DESCRIPTION | River Access |
|---|
Listing Office: EXP Realty, LLC Anchorage

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.
Location