2701 S Knollwood Drive, Wasilla AK 996231 / 72

$539,000

Active

2701 S Knollwood Drive

Wasilla AK 99623

Congress Realty, Inc

4

Bedrooms

5

Bathrooms

2,238

Sq Ft

1983

Year Built

$241/sqft00.93 acres lot

MLS# 26-5384· Listed May 14, 2026

Live MLS feed

About This Home

Excellent income-producing multi-family property offering 3 strong rental units on a very private lot just 1.5 miles from Big Lake. Unit A is partly furnished and features a spacious 1-bedroom layout with office, loft, and 2 full bathrooms, ideal for an owner or long-term tenant. Unit B is fully furnished, turnkey, and ready for immediate short-term rental income with 2 bedrooms, 2 baths, and impressive sunrise and sunset views that attract guests year-round. Unit C is an efficient studio with full bath, perfect for steady rental demand. Major improvements include a brand-new septic system and all new build plumbing, providing peace of mind and reduced maintenance. This property is perfect for investors or owner-occupants--live in one unit while the others offset your mortgage. Close to snowboarding, snowmachining, ice fishing, boating, hiking, and Big Lake recreation.

Documents & insights

2 documents from current & prior listings · parcel #6523B03L012.

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Property Details

Property TypeResidential Income
Full Baths3
Half Baths0
Garage Spaces0
Year Built1983
Lot Size0.93 acres
Parcel #6523B03L012
MLS #26-5384

Heating

Forced Air

Water Source

Well

Sewer

Septic Tank

View

Mountain(s)

Price & Status History

5/14/2026
Listed for sale
$539,000+441.7%
$241/sqft
Source: AKMLS #26-5384
9/14/2021
Sold
$99,500
$54/sqft

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

Equal Housing Opportunity

Listed by: Jared Andrew English · Congress Realty, Inc

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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Cindy Wolfe

Cindy Wolfe

Real Estate Agent

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Mortgage Estimate

Down payment10% · $53,900
Interest rate7.0%
Loan term30 years

$3,227/mo

$485,100 loan · 30yr · 7.0%

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

Cindy Wolfe

Dream Makers

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