$349,000
$349,000
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1.54 Acres Lot
SOLD DATE : 03/19/2026
Key Details
Sold Price $349,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 26-1921
Sold Date 03/19/26
Lot Size 1.545 Acres
Acres 1.54
Source Alaska Multiple Listing Service
Property Description
Unique opportunity on Mid-Hillside with views of the inlet, sleeping lady, and downtown! Located on the corner of O'Malley Road and Ridgecrest Drive, this property includes two lots totaling 1.54 acres with dual access and excellent usability. Lot 2 has a 2,970 sq ft home requiring extensive renovation or possible demolition due to prior roof leak damage; it is being sold as-is. The home has 6 bedrooms, 3 bathrooms, and two kitchens. The property includes a paved u-shaped driveway, access from both O'Malley and Ridgecrest, a 45' x 45' paved parking area, plus a mix of wooded and open grassy areas.
The property is registered on the Anchorage Vacant Property List and qualifies for Ordinance AO 2025-84 (a 10-year property tax abatement for renovating an existing home).
Location
State AK
Area 30 - Abbott Rd - Dearmoun Rd
Zoning R6 - Suburban Residential
Direction From the intersection of Seward Hwy & O'Malley Rd, E on O'Malley Rd approx. 3.3 mi. Property is on the L at the corner of O'Malley Rd & Ridgecrest Dr. Access is available from both O'Malley Rd.
Exterior
Utilities Available Nat Gas - On Site
View City Lights, Inlet, Mountains
Topography Sloping
Accessibility , Paved
Building
Lot Description Sloping
Lot Size Range 1.54
Schools
Elementary Schools O'Malley
Middle Schools Hanshew
High Schools Service
Others
Tax ID 0155113900001
Acceptable Financing Cash
Listing Terms Cash
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