5281 E McDowell Rd, Wasilla, AK 99654
Property image
Property image
FOR SALE
1.04 ACRES

5281 E McDowell Rd
Wasilla, AK 99654

  • 4 Beds
  • 4 Baths
  • 3,000 sqft (on 1.04 acres)

$709,000

Original price: $719,000
Est. Mortgage $4,280/mo*
Get Pre-Qualified

$709,000

Original price: $719,000
Est. Mortgage $4,280/mo*
Get Pre-Qualified
4 Beds
4 Baths
3,000 sqft
(on 1.04 acres)

Home Highlights

Climate Control
Heating only
Price/Sqft
$236
Listed
60 days ago

Local Information

  • Map ViewExplore the area around 5281 E McDowell Rd.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

LOCATION LOCATION LOCATION! CLOSE TO HATCHER PASS! Rare opportunity to own a thoughtfully designed detached duplex offering flexibility for investors, owner-occupants, or multigenerational living on over an acre of flat, usable land at the end of a quiet culdesac. Each unit features approximately 1,500 square feet of living space with 2 bedrooms, 2 bathrooms and additionalspace that could serve as a bonus room, office, guest area, or hobby space. Separate kitchenette hookups provide even more versatility for a variety of living arrangements. Built with function and comfort in mind, both units showcase quality finishes throughout including LVP flooring, upgraded appliances, abundant storage, and well-designed floorplans that maximize usable living space. Pride of ownership is evident at every turn. Enjoy efficient radiant in-floor heat throughout each unit, along with gas plumbing already in place for the range, washer and dryer, and a future gas stove in the living room if desired. The spacious layouts offer excellent separation of living spaces while maintaining an open and inviting feel. Outside, ample parking allows flexibility depending on owner preference and configuration. Whether you're looking to generate rental income, live in one side and rent the other, or accommodate extended family, this unique property offers exceptional versatility and long-term value. Close to Hatcher Pass and within walking distance of Reed Lake and public access to the Little Su-properties with this level of design, functionality, and pride of ownership are hard to find. Don't miss your chance to own a truly special investment opportunity!

Home Details for 5281 E McDowell Rd

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 3000 Square Feet
Appliances & Utilities
Appliances: Washer/DryerLaundry: Washer/Dryer HkUp
Heating & Cooling
Heating: Radiant FloorHas HeatingHeating Fuel: Radiant Floor
Windows, Doors, Floors & Walls
Flooring: Luxury Vinyl
Levels, Entrance, & Accessibility
Floors: Luxury Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt ShingleFoundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Carport,No Garage
Frontage
Waterfront: No Access, NoneNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 60

Property Information

Year Built
Year Built: 2024
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Duplex, Other - See RemarksArchitecture: Duplex, Other - See Remarks
Building
Construction Materials: Wood Siding, Wood Frame - 2x6Not a New Construction
Property Information
Parcel Number: 7316000L003

Price & Status

Price
List Price: $709,000Price Per Sqft: $236

Active Status

MLS Status: Active

Location

Direction & Address
City: Wasilla
School Information
Elementary School: BTV-Undiscl by LLJr High / Middle School: BTV-Undiscl by LLHigh School: Colony

Agent Information

Listing Agent
Listing ID: 26-7359

Building

Building Area
Building Area: 3000 Square Feet

Lot Information

Lot Area: 1.04 Acres

Miscellaneous

Mls Number: 26-7359
Last check for updates: about 14 hours ago
Listing courtesy of Lily Cole
Keller Williams Realty Alaska Group of Wasilla
Anita M Raubeson
Keller Williams Realty Alaska Group of Wasilla
Source: AKMLS, MLS#26-7359
Also Listed on AKMLS.

Market trends in Wasilla

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$443K
$5.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$252
$1MoM
Available listings
306
2MoM

Price and Tax history

DateEventPrice
Aug 1, 2026
Source: AKMLS #26-7359
PriceChange
$709,000
Price decreased by 1%
Jun 19, 2026
Source: AKMLS #26-7359
Listed For Sale
$719,000
May 26, 2015
Source: AKMLS #15-6082
Sold
--

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Home Value

Trulia Estimate
$707K
Since last month
Decreased$12K (-1.7%)
Since last year
Increased$293K (+71.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +59% in the last 10 years
MonthEstimated value
2026
August 2026$702K
July 2026$714K
June 2026$719K
April 2026$219K
March 2026$204K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
6470 E Tex Al Dr, Wasilla, AK
0.98
Multi-Family Home
-
04/09/26
12
8
4,548
6520 E Tex Al Dr, Wasilla, AK
1.02
Multi-Family Home
-
03/26/26
12
8
4,548
7490 N Paw St, Wasilla, AK
1.88
Multi-Family Home
-
11/14/25
6
4
2,946
4201 E Mariah Dr, Wasilla, AK
1.80
Multi-Family Home
-
08/17/26
4
2
1,872
5965 E Wolverine Ave, Wasilla, AK
2.81
Multi-Family Home
-
01/26/26
6
4
3,000
8563 N Wasilla Fishhook Rd, Wasilla, AK
2.42
Multi-Family Home
-
11/26/25
2
1
1,128
3380 N Mara Lee Cir, Wasilla, AK
2.84
Multi-Family Home
-
10/01/25
8
8
4,120
3330 N Mara Lee Cir, Wasilla, AK
2.89
Multi-Family Home
-
09/19/25
8
8
4,120
3474 N Mara Lee Cir, Wasilla, AK
2.76
Multi-Family Home
-
12/01/25
12
8
5,160
5901 E Bogard Rd, Wasilla, AK
3.16
Multi-Family Home
-
08/06/26
12
6
5,760

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
5261 E McDowell Rd, Wasilla, AK 99654
0.06
$150,000
-
-
-
For Sale
5501 E Welch Rd, Wasilla, AK 99654
0.26
-
-
-
-
Off Market
5101 E McDowell Rd, Wasilla, AK 99654
0.27
$660,300
5
3.5
3,152
Off Market
4968 E Welch Rd, Wasilla, AK 99654
0.28
-
-
-
-
Off Market
5556 E Tex Al Dr, Wasilla, AK 99654
0.32
$99,000
-
-
-
For Sale
L5 B Little Susitna Park #1, Wasilla, AK 99654
0.39
-
-
-
-
Off Market
5144 E Big Rock Dr, Wasilla, AK 99654
0.37
$527,800
2
2
1,604
Off Market
5570 E Tex Al Dr, Wasilla, AK 99654
0.40
-
8
4
3,120
Off Market
5560 E Big Rock Dr, Wasilla, AK 99654
0.40
$450,000
3
2.5
1,794
For Sale
4900 E Big Rock Dr, Wasilla, AK 99654
0.41
-
-
-
-
Off Market
5855 E Summit Cir, Wasilla, AK 99654
0.47
$429,900
3
2
1,440
Off Market

Around this home

What Locals Say about Wasilla

At least 274 Trulia users voted on each feature.

  • 95 % Say car is needed

  • 88 % Say parking is easy

  • 85 % Say it's dog friendly

  • 83 % Say there's wildlife

  • 82 % Say yards are well-kept

  • 79 % Say there's holiday spirit

  • 75 % Say kids play outside

  • 69 % Say it's quiet

  • 58 % Say people would walk alone at night

  • 51 % Say neighbors are friendly

  • 45 % Say they plan to stay for at least 5 years

  • 20 % Say it's walkable to grocery stores

  • 18 % Say there are community events

  • 17 % Say it's walkable to restaurants

  • 15 % Say there are sidewalks

  • 14 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Melsage42
    "I’m not sure we let our dogs run around we live too far away from town "
    0
    Flag
  • Trulia User
    "People always walking their dogs all the time nice friendly neighborhood clean well taken maintained"
    0
    Flag
  • Harsh Queen
    "I only live 4 miles away from where I work so my commute is amazing ! Where I live, a couple neighbors even help plow the road we live on and our driveway entrances in heavy snow to help the community as a whole. "
    0
    Flag
  • Heidi Capo
    "We love it here with our 6 kids. Safe, friendly, close to stores and schools, and the King’s is the best church in the state! Healthy families to experience life with people, power, and purpose!"
    1
    Flag
  • Monica Whitehouse
    "Wasilla is growing very fast. There are lots of new homes being built, hopefully new businesses will follow to make this a booming area "
    1
    Flag
  • Trulia User
    "My commute isn’t far at all. Depending on the worsening traffic, it can take anywhere between 7-30 minutes. And that’s here in town. "
    0
    Flag
  • Monica Whitehouse
    "Wasilla is a large space. Depending on where in this city you live, depends on how close or far your neighbor could be from your home. Dogs in our neighborhood for the most part are quiet, and people clean up after their dogs - most of the time. Lots of space in our neighborhood to walk, it’s considered rural so no sidewalks but very little traffic "
    0
    Flag
  • Helena Burkett
    "I have lived in this neighborhood since I moved to Alaska seven years ago. It has been a great place for the kids to grow up. It is quiet and not very noisy. We see lots of Moose around here too. "
    1
    Flag
  • B.L
    "This is a safe neighborhood with people who care about their neighbors and property. We are able to go walking with our pets and people are friendly. We have a shopping areas at a 5 minutes away car drive. "
    0
    Flag
  • Zykcb9wbyv
    "Amazing down the road! The KGB is a great road way to use to get to and from work which allows for spending less on gas and transportation "
    0
    Flag
  • Trulia User
    "It’s a quiet and peaceful place to live. People keep to themselves for the most part and the wildlife year round is amazing as well. "
    1
    Flag
  • Mimigigi0267
    "Great neighborhood, close to stores and restaurants. Easy to get wherever you need to go. Roads are well maintained in winter "
    0
    Flag
  • Marlene Wilson
    "You need a car to get around all though the dog park is tight down the street from where I live I could walk "
    1
    Flag
  • Marlene Wilson
    "The neighborhood here is up and growing rapidly,new homes being built every year. When I moved here, four years ago, there were only four duplexes and one house being built."
    0
    Flag
  • Speedbump96
    "It’s a quiet neighborhood, most neighbors get along and help one another. I would recommend this neighborhood to anyone wanting the quiet life with good neighbors."
    0
    Flag
  • A.pluth
    "No sidewalks on most side streets, maintained in winter, lots of wildlife so fenced yards are better for kids."
    0
    Flag
  • Amy A.
    "this area has become very busy. traffic is terrible. crime is on the upswing. most homes are nice, but have noticed drugs are on the rise with neighbors. "
    0
    Flag
  • Samantha L. M.
    "I have lived here for 17 years. It’s a great neighborhood to raise a family! Lots of good older homes and many rentals"
    1
    Flag
  • Brenda B.
    "Neighborhood is only a mile from town but feels like I’m in the country. Quiet, small town, lots of locally owned businesses. "
    12
    Flag
  • Celseanoonan
    "Dogs bark and get loose often. People will let their dogs out to poop in your yard. It's important to have fencing to deter animals from pooping or coming into your yard. "
    9
    Flag
  • Justine R.
    "It’s a quick drive to lots of places and close to the schools. "
    0
    Flag
  • Zack
    "Loose dogs everywhere. Just meandering and making the job of letting your own dogs outside, very interesting. "
    0
    Flag
  • Jriley156
    "KGB Rd. Is dangerous. Until they redo this road it’s scary to drive to and from work. Especially during winter. "
    0
    Flag
  • Amber G.
    "Friday flings and farmers markets are popular in this neighborhood. The people are friendly for the most part also."
    3
    Flag
  • Michelle D.
    "Lots of bike and paved walking trails nice parks and lakes my neighborhood is very quite and friendly plenty of churches lots of different stores for food crafts outdoor supplies thrift stores "
    6
    Flag
  • Msliznbell
    "Some dogs are escape artists and run the street, pooping in other peoples yards. The owners don’t bother to try to clean up. It’s too woodsy. Most people are very respectful with their animals. Walking them on leash and making sure they aren’t causing others problems."
    0
    Flag
  • Kendi B.
    "this is not a safe spot for children to be in. there are a lot of crimes and fast drivers that swerve all over the road. "
    0
    Flag
  • Msliznbell
    "Knik-Fairview is a small area located just outside of Wasilla, Alaska. Elementary schools are close within the neighborhoods. High schools and middle schools are located in Wasilla, right across the street from each other. "
    0
    Flag
  • Akoldtimer@gmail.com
    "The neighbors in the neighborhood pretty much stay away from each other I think it would be a great place to live if you have smaller children"
    0
    Flag
  • Linzerkylenewby
    "Lots of water access and great playgrounds for kids to choose from. Quick trip to town without all the traffic. "
    0
    Flag
  • Paul S.
    "I have lived in this neighborhood for three years. I am renting the downstairs of a single family home. The neighborhood is nothing special. People aren't overly friendly or rude. It's middle of the road."
    8
    Flag
  • Dorothy H.
    "Best location for getting into either Palmer or Wasilla. great schools and community has no hoa. There is also public access to a lake."
    1
    Flag
  • Alice28dad
    "you see people walk there dog run with there dogs . very dog friendly place . my dogs love it here . not only is it safe place but fun trials dog parks and lot of stuff to do ."
    0
    Flag
  • Ema F.
    "We don’t really have community events. It’s pretty rural and there’s not enough people to even get together to have an event. "
    0
    Flag
  • Bbratley5
    "Community center close by. Holiday bazaars, concerts, classes; painting, ceramics, etc. I have my a lot of my neighbors there over the years. "
    0
    Flag
  • Jeannamarrie
    "I see people walking there dogs all the time on the trails & paths There a dog park not to far in town "
    0
    Flag
  • Holly G.
    "I’ve lived in this neighborhood almost 3 years now and everyone around here is friendly and family oriented. "
    2
    Flag
  • Amber S.
    "I love this area!! Our neighbors are our friends. We all watch out for each other’s places and help each other out. "
    5
    Flag
  • Sacha F.
    "The beautiful scenery right by the bluff. We are far enough away that we still have land and your neighbors arent on your shoulders"
    2
    Flag
  • Kilee M.
    "Neighborhood Halloween event is very popular, community garage sales, event at the neighborhood golf course. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5281 E McDowell Rd

  • What is the estimated monthly payment for 5281 E McDowell Rd?
    Based on a $709,000 list price with 20% down at today's rates, the estimated monthly payment for 5281 E McDowell Rd in Wasilla, AK is approximately $4,421 (about $3,726 principal & interest, $620 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 5281 E McDowell Rd compare to homes in Wasilla?
    5281 E McDowell Rd in Wasilla, AK is listed at $709,000, about 60% above the $443K median sale price in Wasilla.
  • What do residents say about Wasilla?
    Residents describe Wasilla, AK as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Wasilla, AK.
  • What are the closest schools to 5281 E McDowell Rd?
    The closest schools to 5281 E McDowell Rd in Wasilla, AK are Colony High School (rated 8/10), Colony Middle School (Pre-K/Elementary, rated 7/10), John Shaw Elementary School (Pre-K, rated 7/10).
  • Does 5281 E McDowell Rd have laundry facilities?
    Yes, 5281 E McDowell Rd in Wasilla, AK has laundry facilities.
Lily Cole, Keller Williams Realty Alaska Group of Wasilla
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
5281 E McDowell Rd, Wasilla, AK 99654 is a 4 bedroom, 4 bathroom, 3,000 sqft multi-family built in 2024. This property is currently available for sale and was listed by AKMLS on Jun 19, 2026. The MLS # for this home is MLS# 26-7359.