Supplements: Perfectly positioned in one of the Valley's most desirable commuter locations, this property offers the best of both worlds--peaceful lakefront living with quick access to Anchorage and nearby Wasilla amenities. Originally built as a cabin in 1955, the home was substantially expanded and remodeled in 1975 and again in 1996, creating a spacious custom lakefront residence filled with authentic Alaska character. The home is being sold AS-IS, presenting a rare opportunity for the next owner to complete and customize this property. Major infrastructure improvements include a new septic system and lift station installed in 2021, both the house and detached oversized 2-car garage are located outside the floodplain--a rare and valuable advantage for lakefront ownership. Additional highlights include large lake-facing windows, excellent open-concept potential, a backup generator system, and a quiet, private setting surrounded by mature trees. Ideal for investors, pilots, or buyers seeking to create a one-of-a-kind Alaska lakefront retreat with substantial upside potential.