5474 E Hemlock Dr, Wasilla, AK 99654
Property image
Property image
OFF MARKET

5474 E Hemlock Dr
Wasilla, AK 99654

North Lakes
    (on 1.18 acres)

    Local Information

    • Map ViewExplore the area around 5474 E Hemlock Dr.
    • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    Description

    **Seller is willing to Owner Finance w/ acceptable terms!** Ready to go lake lot on the prestigious Cottonwood Lake! One of the last remaining undeveloped lots on the lake. North shore, south facing with tons of sunlight exposure. Great location on the lake. Build your dream home and enjoy the lake life year round! Driveway and some clearing has already been done!
    5474 E Hemlock Dr, Wasilla, AK 99654 is a lot/land in North Lakes. It last sold for the $189,000 asking price on Jul 8, 2024. It is currently off market. The Trulia Estimate rent is $1,697/month.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 5474 E Hemlock Dr

    Interior Features

    View
    Has a ViewView: Lake, Mountain(s), Unobstructed

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake Privileges, Lake FrontRoad Frontage: FloatplaneOn Waterfront

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: 56445B19L019

    Price & Status

    Price
    List Price: $189,000

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Wasilla
    School Information
    Elementary School: Finger LakeJr High / Middle School: ColonyHigh School: Colony

    Lot Information

    Lot Area: 1.18 Acres

    Miscellaneous

    Mls Number: 23-10422Water ViewWater View: Lake
    Last check for updates: about 7 hours ago
    Listed by Giacinto P Paoletti
    Alaska Realty & Investments
    Bought with: Giacinto P Paoletti, Alaska Realty & Investments
    Source: AKMLS, MLS#23-10422

    Price History for 5474 E Hemlock Dr

    DatePriceEventSource
    07/08/2024--Sold
    AKMLS #23-10422
    06/24/2024$189,000PendingAKMLS #23-10422
    04/11/2024$189,000PriceChange
    AKMLS #23-10422
    11/28/2023$179,000PriceChange
    AKMLS #23-10422
    08/28/2023$180,000PriceChange
    AKMLS #23-10422
    08/23/2023$199,000PriceChange
    AKMLS #23-10422
    02/28/2023$407,771PendingAKMLS #23-1755

    Market trends in Wasilla

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $425K
    $18.33K    MoM
    Sale-to-List Price
    100.0%
    Price per sq ft
    $244
    $14    MoM
    Available listings
    231
    38    MoM
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    Comparable Sales for 5474 E Hemlock Dr

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    6000 E Menke Cir, Wasilla, AK
    0.71
    Lot/Land
    -
    11/19/25
    -
    -
    1291 N Shoreline Dr, Wasilla, AK
    0.95
    Lot/Land
    -
    12/19/25
    -
    -
    4645 E Frontier Plaza Dr, Wasilla, AK
    0.97
    Lot/Land
    -
    04/17/26
    -
    -
    6700 E Radon Dr, Wasilla, AK
    1.29
    Lot/Land
    -
    05/15/26
    -
    -
    1060 N Hickory St, Palmer, AK
    1.33
    Lot/Land
    -
    09/25/25
    -
    -
    6860 E. Marge Circle, Wasilla, AK
    1.30
    Lot/Land
    -
    02/24/26
    -
    -
    4257 E Country Fair Dr, Wasilla, AK
    1.27
    Lot/Land
    -
    03/23/26
    -
    -
    465 N Wilderness Dr, Palmer, AK
    1.60
    Lot/Land
    -
    11/26/25
    -
    -
    901 S Hay St, Wasilla, AK
    2.01
    Lot/Land
    -
    07/10/25
    -
    -
    495 S Harriette St, Wasilla, AK
    1.83
    Lot/Land
    -
    02/10/26
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 5474 E Hemlock Dr.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    North Lakes
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about North Lakes

    At least 30 Trulia users voted on each feature.

    • 97 % Say car is needed

    • 93 % Say parking is easy

    • 88 % Say there's wildlife

    • 85 % Say it's dog friendly

    • 78 % Say yards are well-kept

    • 77 % Say there's holiday spirit

    • 64 % Say it's quiet

    • 60 % Say kids play outside

    • 52 % Say people would walk alone at night

    • 51 % Say neighbors are friendly

    • 47 % Say they plan to stay for at least 5 years

    • 17 % Say there are sidewalks

    • 15 % Say it's walkable to grocery stores

    • 14 % Say it's walkable to restaurants

    • 10 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • 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
    • Shea628
      "This is a safe neighborhood, but no street lights, sidewalks, or anything for kids. Just tell them not to play in the road."
      0
      Flag
    • Olga N.
      "Kids driving bicycles on the street is not safe. Cars drive very fast in the roads of the neighborhood"
      0
      Flag
    • ms
      "It’s quiet and we have several secluded homes on 1+acres. I definitely have enjoyed raising my kids in this neighborhood."
      2
      Flag
    • Jandl.furlong
      "Amazing year round family and rural activities. great bedroom community with a reasonabke and beautiful commute to Anchorage for work or city activities. "
      1
      Flag
    • Janice W.
      "Nothing it’s very rural and no friendly neighbors. That’s why we’re selling. Moving closer to Anchorage "
      0
      Flag
    • Olga N.
      "I like that is central however people seem to drive very fast through the neighborhood. For the most part seems to be a safe neighborhood "
      0
      Flag
    • Janice W.
      "Lived here three years. Neighbors stick to themselves. Only wave to one neighbor no one else outwardly friendly."
      4
      Flag
    • Sandra K.
      "Neighborhood is on the East side 9f town. Easy commute area. Quick trip to Trunk Road and on to the Parks Highway. Takes about 15 minutes."
      0
      Flag
    • Ashley B.
      "12 years here. The only thing I wish we had were sidewalks and streetlights, but that’s a stretch for rural alaska."
      3
      Flag
    • Lynn
      "This area is centrally located to medical services, the best schools, movie theater, restaurants, and shopping. You can be out in the wilderness within 30 minutes. It's very secure area as well."
      0
      Flag

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    Homes for sale near 5474 E Hemlock Dr

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    Off Market Homes Near 5474 E Hemlock Dr

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    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.