5281 E McDowell Rd
Wasilla, AK 99654
- 4 Beds
- 4 Baths
- 3,000 sqft (on 1.04 acres)
4 Beds
4 Baths
3,000 sqft
(on 1.04 acres)
We estimate this home will sell faster than 84% nearby.
Local Information
-- mins to
Description
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!
We estimate this home will sell faster than 84% nearby.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$240
Listed
15 days ago
Home Details for 5281 E McDowell Rd
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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 |
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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 |
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Days on Market: 15 |
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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 |
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Price List Price: $719,000Price Per Sqft: $240 |
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MLS Status: Active |
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Direction & Address City: Wasilla |
School Information Elementary School: BTV-Undiscl by LLJr High / Middle School: BTV-Undiscl by LLHigh School: Colony |
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Listing Agent Listing ID: 26-7359 |
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Building Area Building Area: 3000 Square Feet |
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Lot Area: 1.04 Acres |
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Mls Number: 26-7359 |
Last check for updates: about 5 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 May 2026
Avg. sale price
$425K
$18.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$244
$14MoM
Available listings
231
38MoM
Price History for 5281 E McDowell Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 06/19/2026 | $719,000 | Listed For Sale | AKMLS #26-7359 |
| 05/26/2015 | -- | Sold | AKMLS #15-6082 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $540 |
| Assessment | $47,300 |
Home facts updated by county records
Comparable Sales for 5281 E McDowell Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.98 | Multi-Family Home | - | 04/09/26 | 12 | 8 | 4,548 | |
1.02 | Multi-Family Home | - | 03/26/26 | 12 | 8 | 4,548 | |
1.88 | Multi-Family Home | - | 11/14/25 | 6 | 4 | 2,946 | |
2.70 | Multi-Family Home | - | 08/15/25 | 6 | 4 | 2,552 | |
2.81 | Multi-Family Home | - | 01/26/26 | 6 | 4 | 3,000 | |
2.42 | Multi-Family Home | - | 11/26/25 | 2 | 1 | 1,128 | |
2.84 | Multi-Family Home | - | 10/01/25 | 8 | 8 | 4,120 | |
2.73 | Multi-Family Home | - | 08/15/25 | 12 | 8 | 5,160 | |
2.89 | Multi-Family Home | - | 09/19/25 | 8 | 8 | 4,120 | |
2.76 | Multi-Family Home | - | 12/01/25 | 12 | 8 | 5,160 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 5281 E McDowell Rd.
What Locals Say about Wasilla
At least 274 Trulia users voted on each feature.
95 % Say car is needed
88 % Say parking is easy
84 % Say it's dog friendly
83 % Say there's wildlife
82 % Say yards are well-kept
79 % Say there's holiday spirit
74 % 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
21 % 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.

