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FOR SALE

2.99 ACRES W/ COOK INLET & CITY LIGHTS VIEWS

A RESIDENTIAL PROPERTY BARGAIN W/ MANY INCOME OPTIONS

Street Address:  11500 Snowline Drive, Anchorage, Alaska 99516

Improvements:    Originally built in 1978.  The living area was expanded to 4,857 sq. ft. during 1995-2005.  It has a two story main living area with loft, a full daylight basement with private entry and parking area with potential to be used as income producing space.  Views from all living areas, with space for 5 bedrooms, 2 full baths, 2 half baths, and 1 powder room. Laundry areas on both main floor and daylight basement level.  Floor plan drawings are available. New insulation and window upgrading have be installed.  Extensive landscaping  w/ underground yard electrical system.  Approved COSA for well and septic systems.  Septic system installed 2004. (DEC, MOA approved for 5 bedrooms).

Taxes for 2011:    $7,238.13 (Tax ID# 015-163-22-000)

Parcel Size:      130,244 sq. ft., corner lot.  Substantially accessible and useable.  Excellent soil conditions with good drainage.   An additional driveway can be easily established.

Utilities:  6 line telephone system, Cable, electric, natural gas, 5 bedroom septic system, satellite disc (2009),  private well (new pump in 1994).  All current systems were installed in 2001-2004, except the existing well, and satellite dish.

Zoning:  R-6 suburban residential district (large lot)  This zoning allows many options for the property's use, several that can generate income.   No Covenant restrictions.

Comments:  This secluded hillside property does not suffer from the frequent hillside area problems of poor soil conditions,  poor drainage,  potable water limitations, limited useable area because of severe slopes, or winter accessibility.  There is ample space for a large garage next to the house. There is comfortable space for snowplowing and storage without limiting the substantial amount of parking area for your vehicles and guests, motor home, boats, trailers and other equipment.   Views range from Lower Cook Inlet to Mt. McKinley.  Many types of Alaskan wildlife visit the property frequently.  This ideal site and available owner financing will allow a serious buyer to realize a substantial equity increase.  For additional maps, photos go to www.jrrealty.us 

Click on the hyperlinks on the upper left of this page for maps and photos.

Sale Price:  $528,000 Owner Finance

For additional information call:

James Riley, Broker,

J. Riley Realty LLC, 907-248-8700

jrrealty@alaska.com  

PREVIEW BY APPOINTMENT ONLY