2721 E Odsather Circle, Wasilla AK 996541 / 32
Just Listed

$690,000

Active

2721 E Odsather Circle

Wasilla AK 99654

Odsather

Keller Williams Realty Alaska Group of Wasilla

3

Bedrooms

2

Bathrooms

3,254

Sq Ft

1955

Year Built

$212/sqft2-car garage0.74 acres lot

MLS# 26-5617· Listed May 18, 2026

Live MLS feed

About This Home

Rare opportunity to own a premier lakefront property on Wasilla Lake with deep water access, an L-shaped dock, and seasonal floatplane accessibility. Located on approximately 0.74 acres outside Wasilla city limits, this exceptional property offers privacy, mature trees, a large flat yard to the water, and endless potential. Perfectly positioned in one of the Valley's most desirable commuter locations, this property offers the best of both worlds--peaceful lakefront living with quick access to Anchorage and nearby Wasilla amenities. Originally built as a cabin in 1955, the home was substantially expanded and remodeled in 1975 and again in 1996, creating a spacious custom lakefront residence filled with authentic Alaska character. The home is being sold AS-IS, presenting a rare opportunity for the next owner to complete and customize this property. Major infrastructure improvements include a new septic system and lift station installed in 2021, both the house and detached oversized 2-car garage are located outside the floodplain--a rare and valuable advantage for lakefront ownership. Additional highlights include large lake-facing windows, excellent open-concept potential, a backup generator system, and a quiet, private setting surrounded by mature trees. Ideal for investors, pilots, or buyers seeking to create a one-of-a-kind Alaska lakefront retreat with substantial upside potential.

Documents & insights

1 to review

12 documents from current & prior listings · parcel #7392000L001.

AI Summary

Summary of 12 documents from this property's current and prior listings. 1 item worth reviewing, plus 46 additional facts captured.

What the seller reported about utilities

From disclosure

Electric service provided by Matanuska Electric at an average monthly cost of $100. Gas service provided by Enstar at an average monthly cost of $325.

Source: Sellers Disclosure · Current listing

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

A sample of what's in the documents

Worth a lookCurrent listing

Disclosure listed a known issue

The Sellers Disclosure notes this item as a known issue. Exact wording from the document is quoted below.

Dishwasher leaked when I bought; never replaced or fixed.
View source — Sellers Disclosure
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Documents on this listing

Documents from prior listings(6) · sign in to open

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Disclosure timeline

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Property Details

Property TypeResidential
Full Baths1
Half Baths0
Garage Spaces2
ParkingDetached
Year Built1955
Lot Size0.74 acres
SubdivisionOdsather
Parcel #7392000L001
MLS #26-5617

Heating

BaseboardNatural Gas

Interior Features

BasementFireplaceSecurity SystemSaunaBR/BA on Main Level

Exterior Features

Airplane AccessFire Service AreaRoad Service AreaRV ParkingView

Appliances

DishwasherRefrigerator

Flooring

See Remarks

Water Source

PrivateWell

Sewer

Lift StationSeptic Tank

View

LakeUnobstructed

Price & Status History

5/18/2026
Listed for sale
$690,000+38.3%
$212/sqft
Source: AKMLS #26-5617
12/17/2021
Sold
$499,000+34.9%
$153/sqft
2/2/2016
Sold
$370,000
$114/sqft

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

Equal Housing Opportunity

Listed by: Tammy Ervin · Keller Williams Realty Alaska Group of Wasilla

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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Teresa Jervis

Teresa Jervis

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $69,000
Interest rate7.0%
Loan term30 years

$4,132/mo

$621,000 loan · 30yr · 7.0%

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

Teresa Jervis

Dream Makers

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