38501 Riverwood Park Place, Kenai AK 996111 / 24

$509,000

Pending

38501 Riverwood Park Place

Kenai AK 99611

Riverwood

Elite Real Estate Group Soldotna Branch

2

Bedrooms

2

Bathrooms

1,764

Sq Ft

2005

Year Built

$289/sqft00.96 acres lot

MLS# 26-4920· Listed May 5, 2026

Live MLS feed

About This Home

Custom log home located in the highly desirable Riverwood Subdivision, offering exceptional access to the Kenai River without being directly on the river. This well-designed home features an open living area with vaulted tongue and groove ceilings, kitchen, one bedroom, one bathroom, and laundry on the main level. The upper 3/4 loft serves as a private primary suite complete with a full bathroom, spacious walk-in closet, and walk-out deck. Ownership includes private Kenai River access along with use of a gated boat launch and fish park exclusively for Riverwood residents. Enjoy approximately 500 feet of shared river frontage, complete with an ELP walkway, dock, and stairs for easy access. Additional features include a very nice shed offering great extra storage. Located in one of the area's most sought-after lower Kenai River subdivisions, known for its world-class fishing. Whether launching your boat or fishing from the bank, this property offers a rare opportunity to be part of the Riverwood community. Turn-key possibility!

Documents & insights

6 documents from current & prior listings · parcel #05501172.

AI Summary

Summary of 6 documents from this property's current and prior listings. 0 items worth reviewing, plus 25 additional facts captured.

What the seller reported about utilities

From disclosure

The seller reports average monthly costs of $80 for electric and $120 for natural gas. Refuse, water, and wood services are noted but crossed out on the form.

Source: Disclosure · Current listing

Reflects the prior owner's usage and providers. Your costs may vary.

A sample of what's in the documents

InfoCurrent listing

HOA document noted

The Riverwood HOA Bylaws records this as a neutral observation — quoted text below.

The project is subject to the provisions of Alaska Statute 34.07.010 et. Seq.
View source — Riverwood HOA Bylaws
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Disclosure timeline

AI-assisted summaries may be incomplete. Always verify against source documents.

Property Details

Property TypeResidential
Full Baths1
Half Baths0
Garage Spaces0
ParkingNone
Year Built2005
Lot Size0.96 acres
SubdivisionRiverwood
Parcel #05501172
Annual Taxes$3,174 (2025)
HOA Fee$250/Yearly
MLS #26-4920

Heating

Forced AirNatural Gas

Water Source

PrivateWell

Sewer

Septic Tank

Price & Status History

5/8/2026
Pending
$509,0000.0%
$289/sqft
Source: AKMLS #26-4920
5/5/2026
Listed for sale
$509,000+143.2%
$289/sqft
Source: AKMLS #26-4920
11/10/2005
Sold
$209,268
$123/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Kendra Dukowitz · Elite Real Estate Group Soldotna Branch

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Matthew Ficek

Matthew Ficek

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $50,900
Interest rate7.0%
Loan term30 years

$3,048/mo

$458,100 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Matthew Ficek

Dream Makers

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