$400,000
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4 Beds
2 Baths
2,950 SqFt
SOLD DATE : 09/08/2025
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,950 sqft
Price per Sqft $135
MLS Listing ID 25-6343
Sold Date 09/08/25
Bedrooms 4
Full Baths 1
Half Baths 1
Construction Status Existing Structure
Year Built 1966
Annual Tax Amount $6,958
Lot Size 0.626 Acres
Acres 0.63
Source Alaska Multiple Listing Service
Property Description
Opportunities like this don't hit the market often. This 2,950 sq ft mid-century home in coveted South Anchorage has been in the same family since it was built in 1966—and it's ready for its next chapter. Never updated, this property is a true blank slate for a full renovation or creative reimagining.
Set on a generously sized lot (rare for the area!) and located in a high-demand neighborhood with amazing southern exposure, this home is surrounded by well-maintained properties and offers serious upside potential for resale, rental, or redevelopment. Key features include: massive square footage and flexible floor plan, unique atrium space perfect for a dramatic design element, two separate living spaces: ideal for a duplex-style conversion, MIL suite, or high-end gourmet layout, and strong comps in the area after renovation.
Whether you're a seasoned investor looking for your next project or a buyer with a vision, this is your chance to create serious value in one of Anchorage's most desirable locations.
Bring your ideas, your contractor, and your imagination this South Anchorage classic is ready for transformation. New septic is designed, but buyer will need to finish. Property is an estate sale and sold As-is.
Location
State AK
Area 30 - Abbott Rd - Dearmoun Rd
Zoning R6 - Suburban Residential
Direction Head South on Seward Highway, Exit onto O'Malley Rd, turn L on O'Malley Rd heading east, stay on road for approx 4.5 miles, house on Left.
Interior
Interior Features Basement, BR/BA on Main Level, Dishwasher, Family Room, Fireplace, Range/Oven, Refrigerator, Telephone, Window Coverings, Workshop, In-Law Floorplan, Laminate Counters
Heating Baseboard, Natural Gas
Flooring Laminate, Linoleum, Carpet
Appliance Gas Cooktop, Microwave (B/I), Washer &/Or Dryer
Exterior
Exterior Feature Poultry Allowed, Private Yard, In City Limits, Road Service Area, Storage, Sun Room, View
Parking Features Garage Door Opener, Attached, Heated
Garage Spaces 2.0
Garage Description 2.0
Utilities Available Cable TV
View Mountains
Roof Type Metal
Topography Level,Sloping
Porch Deck/Patio
Building
Lot Description Level, Sloping
Foundation Other, None
Lot Size Range 0.63
Sewer Septic Tank
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools O'Malley
Middle Schools Hanshew
High Schools Service
Others
Tax ID 0153121100001
Acceptable Financing Cash, Conventional, FHA 203(k), See Remarks
Listing Terms Cash, Conventional, FHA 203(k), See Remarks
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Bought with RMG Real Estate
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