Description
Unique property offers strong short and long-term income in a stunning Chugach State Park setting, just 30 minutes from Anchorage. The 1,520 SF log home operates as a successful AirBnB with nightly rates ranging from $180-$300, and a proven history of high guest satisfaction. Sale includes all furnishings and curated Alaskan artwork. Possible Seller financing available - favorable terms. The handcrafted log cabin features warm wood finishes, distinctive design elements, and guest-loved amenities like two hot tubs, custom detailing, and views of Turnagain Arm. Recent reviews highlight its appeal to vacationers and traveling professionals, with some calling it their favorite stay in Alaska. Behind the main home is a 1,792 SF building containing four leased studio units, each with private baths. These units provide consistent monthly income and offer room for upgrades, creative use, or expanded development under TA zoning. With its rare combination of natural beauty, income diversity, and flexible zoning, this property is ideal for investors seeking a turn-key Short Term Rental (STR), a multi-stream rental asset, or even a future event or hospitality venture. See Turnagain Arm Comprehensive Plan (in docs) for zoning info and potential use expansion.
Details
| MLS # | 25-4000 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 500 |
| Listing Provided By | Realty ONE Group Aurora | Mark Masley |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,312 |
| Units | 5 |
| Building(s) | 2 |
| Zoning | TA - Turnagain Arm |
| Acreage | 1.15 |
| Property View | Inlet, Mountain(s) |
Interior
| Heating | Baseboard, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Lot Features | Level, Gentle Sloping |
| Construction Materials | Log, Wood Frame |
| Foundation Details | Unknown - BTV |
| Exterior Sp Finish Co Exterior Sp Finish | Wood, Log |
| Other Structures | Shed(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Road Surface Type | Paved, Private, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 4120 |
|---|---|
| Tax Year | 2024 |
| Tax Map Number | N/A |
| Tax Legal Description | USS 3200 L10D |
| Tax Assessed Value | 513500 |
Area Information
| State | AK |
|---|---|
| City | Indian |
| Zip Code | 99540 |
| Area | 1A Anchorage Municipality |
| Subarea | Girdwood | Turnagain Arm |
| School District | South Anchorage |
| Elementary School | Girdwood |
| High School | South Anchorage |
| Listing VS Median (in 99540) | |
Price: $1,049,000 low | high Med: $654,450 sqft: 3,312 low | high Med: 2,232 $ / sqft: $317 low | high Med: $271 On site: 500 low | high Med: 278.5 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Indian |
| Zip Code | 99540 |
| Area | 1A Anchorage Municipality |
| Subarea | Girdwood | Turnagain Arm |
| School District | South Anchorage |
| Elementary School | Girdwood |
| High School | South Anchorage |
| Listing VS Median (in 99540) | |
Price: $1,049,000 low | high Med: $654,450 sqft: 3,312 low | high Med: 2,232 $ / sqft: $317 low | high Med: $271 On site: 500 low | high Med: 278.5 | |