Nhn Wallace Mountain Rd, Eagle River, AK 99577
Property image
Property image
FOR SALE
158 ACRES

$5,000,000

    Nhn Wallace Mountain Rd, Eagle River, AK 99577

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    Home Highlights

    Lot/Land
    158 acre lot

    Local Information

    • Map ViewExplore the area around Nhn Wallace Mountain Rd.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Unique opportunity to purchase just under 160 acres of homestead land that abuts Chugach State Park, just below Mt. Baldy, with views of the inlet. The property is half of the original Wallace Brothers homestead & was subdivided into many lots years ago. Possible uses may include high end residential/recreational lots, a commercial lodge/hotel/Ski area or private estate.The adjoining half of the Wallace Brothers homestead (160+ acres) may be available for purchase from a different owner.
    Last check for updates: 31 minutes ago
    Listing courtesy of Jeff Goyette
    Elite Real Estate Group
    Source: AKMLS, MLS#25-10305
    Also Listed on AKMLS.

    Home Details for Nhn Wallace Mountain Rd

    Interior Features

    View
    Has a ViewView: Inlet, Mountain(s)

    Exterior Features

    Frontage
    WaterfrontWaterfront: Creek Access, CreekRoad Frontage: TrailRoad Surface Type: Dirt, GravelOn Waterfront

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: See Docs

    Price & Status

    Price
    List Price: $5,000,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Eagle River

    Agent Information

    Listing Agent
    Listing ID: 25-10305

    Lot Information

    Lot Area: 158 Acres

    Miscellaneous

    Mls Number: 25-10305Water ViewWater View: Inlet

    Around this home

    What Locals Say about Eagle River

    At least 242 Trulia users voted on each feature.

    • 94 % Say it's dog friendly

    • 92 % Say car is needed

    • 84 % Say parking is easy

    • 84 % Say yards are well-kept

    • 80 % Say kids play outside

    • 78 % Say there's wildlife

    • 74 % Say there's holiday spirit

    • 67 % Say people would walk alone at night

    • 64 % Say it's quiet

    • 63 % Say there are sidewalks

    • 62 % Say neighbors are friendly

    • 60 % Say streets are well-lit

    • 59 % Say it's walkable to grocery stores

    • 52 % Say they plan to stay for at least 5 years

    • 35 % Say it's walkable to restaurants

    • 33 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Robert Ancheta
      "There are plenty of places to walk with paths and parks around the area. At least the park where the Bear Paw is held has poop bags already there, which makes it a nice place with a wide area to take your pup. "
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    • Robert Ancheta
      "Local church holds events for holidays, fireworks for Independence Day and New Year’s at the local school, Bear Paw festival all without having to go over to Anchorage. "
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    • Laura Southwell
      "The roads are ROUGH in the winter! People say it’s well maintained, but the road gets VERY narrow, and there is so much snow sometimes the plows won’t get to the side streets until well after 10am. Good luck getting to work! You definitely need 4wd and good winter tires or studs!"
      1
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    • Trulia User
      "It’s great for dog walking. Great sidewalks and trails, and most people pick up after their dogs. "
      0
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    • Trulia User
      "It is beautiful and peaceful here. The people are nice and the schools are great. We get lots of wildlife and have amazing views everywhere you look. I love it here!"
      2
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    • Trulia User
      "Driving is necessary. If you are 60 or older you can use the Chugiak Senior Center transport. There are NO buses and no Uber, Lyft here."
      0
      Flag
    • Trulia User
      "I have lived in this neighborhood for the past 11 years. People are friendly and nice. Eagle River is a great place to live."
      1
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    • Trulia User
      "Lake and parks really close to this location, excellent school, I love my neighborhood is quite and secure "
      0
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    • Thestrachness
      "Bear paw festival, various other festivals and events. Fireworks, trunk or treating. These allow everyone to get together and have a great time. "
      3
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    • Ila C.
      "We see people walking their dogs all the time they are welcome they pick up after their dogs ! Nice paths to walk dog on, clean . "
      1
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    • Ila C.
      "I love Eagle River, it is such a friendly place to live people are friendly . If you ever have a problem people are eager to help ! When I was a kid I grew up here in the 1960’s , it was way smaller but it still has that small town feel ! You can do so much here !"
      6
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    • Raylopez17
      "Animal lovers in the majority of families living here. There are a lot of dogs of all kinds/breeds in the neighborhood. We feel very safe in many ways. I do not want to move from here, even after retirement, we are planning to stay here."
      1
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    • Ila C.
      "It is a great place to walk your dogs. I see people walking dog a lot. Always on a leash ! Friendly "
      0
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    • Todd J.
      "It’s a nice place to live. Small town feel and close to the city. I’d invite anyone to live to live in Eagle River."
      6
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    • Ty S.
      "Occasional traffic, most in winter. About 30 - 45 minutes to Anchorage depending weather. 4WD or AWD recommended for winter. Commute north to Palmer / Wasilla is longer distance wise— but is reverse traffic so not too bad."
      2
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    • Ifilemoni
      "I’m not a dog owner but I see dog owners walk their dogs everywhere. It’s a safe place to walk dogs. "
      2
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    • Wendy D.
      "I commute 30 min to Anchorage. It’s generally fine unless there is an accident. Sometimes see a moose in the road. Traffic moves fast most days. "
      0
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    • Courtney F.
      "I've lived in the area most of my life and I feel safe here and love the location! it's a great place to raise a family!"
      11
      Flag
    • Xheathmushx3
      "It’s a great commute! Very easy to get to things and very accessible to utilities and stores. There are many options either direction of town for abilities "
      0
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    • Jennifer.l.sharpe.rn
      "Easy-right off of highway. It was unnerving though trying to make it home after the earthquake. If the bridges go out your in trouble! "
      2
      Flag
    • Stacy S.
      "I love living in the Eagle River Area. it's a great community and the schools are awesome.y teens have really enjoyed living here"
      6
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    • resident
      "Eagle River is becoming far more crime ridden. The schools and businesses have been significantly impacted by the November 30th earthquake as well. "
      2
      Flag
    • Anthony H.
      "Great neighborhood with friendly people, areas are taken care of, and quick easy access to key places. The views are breath-taking. "
      6
      Flag
    • Anthony H.
      "It is a diverse town with top schools, good places to eat, crime is low, with a small town feel with excellent Mountain View’s and trails. "
      0
      Flag
    • Marsha S.
      "A couple minutes from the highway, usually a pleasant commute. Traffic flows well and everyone seems to be respectful."
      0
      Flag
    • Marsha S.
      "Great, quiet neighborhood! Minutes from restaurants, grocery, etc. This is a wonderful area for commuters too!"
      0
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    • Tiffany O.
      "Great and safe area with lots of outdoor activities to do nearby mount baldy and mirror lake are my favorite I can bike ride and go for a run it’s great "
      0
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    • Debgioffre
      "Dislike: Loose roaming dogs that can be aggressive. Like: Protection from wild moose or bears. "
      9
      Flag
    • Sonia B.
      "This is an amazing community to raise children! Very little crime. Very family friendly. The schools are great and there is a lot for children to do without getting into trouble. "
      1
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    • Mdsisneros
      "Bear paw festival, trick or treat in the heat are great. My family loves living in Eagle River. We don’t like that the crime rate has risen though."
      2
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    • Kajetangroicher
      "Incredible access to Alaska’s backcountry is right out your door in this neighborhood. The busses to all three zoned schools run right on time, rain, snow, or shine. "
      0
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    • john1193
      "I have lived in this neighborhood for 5 plus years. the neighborhood is clean and safe and all houses and properties are well-kept."
      0
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    • Reynoldsj1016
      "My neighborhood is very quiet and conveniently located near the expressway. The homes are well maintained. My neighbors are friendly and welcoming. "
      0
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    Market trends in Eagle River

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $472K
    $9.5K    MoM
    Sale-to-List Price
    100.2%
    0.2%    MoM
    Price per sq ft
    $265
    $0    MoM
    Available listings
    107
    10    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    18833 Upper Fish Hatchery Dr, Eagle River, AK
    1.35
    Lot/Land
    -
    12/01/25
    -
    -
    Township Road 7 Valley View Ests #8, Eagle River, AK
    1.85
    Lot/Land
    -
    03/13/26
    -
    -
    20228 Laughlin St, Chugiak, AK
    1.80
    Lot/Land
    -
    06/09/26
    -
    -
    20040 Laughlin St, Chugiak, AK
    1.82
    Lot/Land
    -
    09/10/26
    -
    -
    10 Unknown St, Eagle River, AK
    1.87
    Lot/Land
    -
    09/02/26
    -
    -
    11 Unknown St, Eagle River, AK
    1.96
    Lot/Land
    -
    06/30/26
    -
    -
    11709 Birch Hills Dr, Eagle River, AK
    2.04
    Lot/Land
    -
    11/18/25
    -
    -
    12512 Spring Brook Dr, Eagle River, AK
    2.06
    Lot/Land
    -
    09/09/26
    -
    -
    L6 Harmony Dr, Eagle River, AK
    2.61
    Lot/Land
    -
    05/22/26
    -
    -
    L43 T15nr01ws04, Chugiak, AK
    3.23
    Lot/Land
    -
    08/06/26
    -
    -

    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
    12850 Golden Eagle Dr, Eagle River, AK 99577
    0.90
    $1,277,100
    4
    3.5
    3,642
    Off Market
    Kirk Ave, Eagle River, AK 99577
    0.99
    -
    -
    -
    -
    Off Market
    L2 Golden Eagle Dr, Eagle River, AK 99577
    1.02
    $1,202,200
    4
    2.5
    3,264
    Off Market
    L4 Silverwood Hill Dr, Eagle River, AK 99577
    1.08
    -
    -
    -
    -
    Off Market
    L3-B1 Timberline Dr, Eagle River, AK 99577
    1.15
    -
    -
    -
    -
    Off Market
    19440 Timberline Dr, Eagle River, AK 99577
    1.15
    $733,600
    4
    3.5
    3,544
    Off Market
    L4 Silverwood Hls, Eagle River, AK 99577
    1.19
    $1,962,000
    5
    4.5
    6,544
    Off Market
    19221 Timberline Dr, Eagle River, AK 99577
    1.23
    $149,000
    -
    -
    -
    For Sale
    19125 Upper Fish Hatchery Rd, Eagle River, AK 99577
    1.30
    $645,000
    -
    -
    -
    For Sale
    19010 Upper Fish Hatchery Rd, Eagle River, AK 99577
    1.30
    -
    3
    2
    1,986
    Recently Sold
    18802 Fish Hatchery Rd, Eagle River, AK 99577
    1.30
    $558,900
    3
    2
    1,800
    Off Market

    Price and Tax history

    DateEventPrice
    Aug 11, 2025
    Source: AKMLS #25-10305
    		Listed For Sale
    $5,000,000

    LGBTQ Local Legal Protections

    Jeff Goyette, Elite Real Estate Group
    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.

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    Frequently asked questions about Nhn Wallace Mountain Rd

    • How big is Nhn Wallace Mountain Rd?
      Nhn Wallace Mountain Rd in Eagle River, AK is about 158 acres.
    • What is the price per acre for Nhn Wallace Mountain Rd?
      Nhn Wallace Mountain Rd in Eagle River, AK is listed at $5,000,000, or about $30K per acre.
    • What do residents say about Eagle River?
      Residents describe Eagle River, AK as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Eagle River, AK.
    • What are the closest schools to Nhn Wallace Mountain Rd?
      The closest schools to Nhn Wallace Mountain Rd in Eagle River, AK are Chugiak High School (rated 6/10), Homestead Elementary School (Pre-K, rated 5/10), Mirror Lake Middle School (rated 8/10).
    Nhn Wallace Mountain Rd, Eagle River, AK 99577 is a lot/land. This property is currently available for sale and was listed by AKMLS on Aug 11, 2025. The MLS # for this home is MLS# 25-10305.