3256 S Dawn Lake Drive, Wasilla, AK 99623

$668,450

Property Type: Multi-Family Bedrooms: 7 Baths: 6 Square Footage: 6,160 Lot Size (sq. ft.): 40,075 Status: Active

Current Price: $668,450 Last Modified: 6/26/2026

Description

Exceptional investment opportunity with over 6,160 square feet of beautifully renovated living space designed for maximum flexibility and income potential. Configured to function as a duplex, this unique property offers the perfect opportunity for an owner-occupant, long-term rental investment,or short-term rental/Airbnb venture.Live in one unit while the rental income from the second unit helps

Supplements: offset you mortgage payment. The main living space features 4 oversized bedrooms, 3.5 bathrooms, and an attached 2-car garage with a grand split staircase, spacious living areas, fresh paint, updated lighting, new flooring, granite kitchen countertops, and a beautifully remodeled primary suite with a custom tile walk-in shower. The second living space offers 3 bedrooms, 2 bathrooms, a dedicated office, its own living areas, and private accommodations, making it ideal for generating rental income, hosting extended family, or operating as a vacation rental. Both living spaces have been extensively renovated and are move-in ready. Freshly stained decks provide additional outdoor living space. Natural gas is to the house and conversions are underway on the heating system. Whether you're looking to live in one unit while renting the other, create a cash-flowing investment property, operate a short-term rental, or accommodate multigenerational living, this property offers incredible versatility and income-producing potential. Opportunities like this are rarely available in today's market. Renovations are nearly complete--schedule your private showing today and discover all the possibilities this exceptional property has to offer.

More Information MLS# 26-7740

Contract Info

Price-List: 668450 Date-Listing: 2026-06-25 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: ML - Meadow Lakes Street #: 3256 Directional: S Street Name: Dawn Lake Arterial: Drive Closest USPS Town: Wasilla State: AK Zip Code: 99623

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 7 Bathrooms Half: 2 Bathrooms Three Quarter: 1 Bathrooms Full: 3 Bathrooms Total: 6 Bldgs-Ttl #: 1 Year Built: 2000 Year Remodeled: 2026 SF-Res: 6160 Number of Units: 2 SF-Lot: 40075.2 Acres: 0.92 Carport Spaces: 2 Garage Spaces: 2 Prkg Spcs: 4 Lot Area Source: Tax Authority Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston

Directions and Remarks

Directions: Parks Hwy Left on Johnsons Rd Left on Dawn Lake Rd property is on Right.

Mortgage Info

EM Minimum Deposit: 6000

Property Features

Multi-Family Type: Up and Down Exterior Finish: Vinyl; Wood Roof Type: Composition; Shingle Foundation Type: Block Construction Type: Wood Frame Garage Type: Attached Carport Type: Attached Heating: Baseboard; Natural Gas Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Maintained View Type: Mountains Topography: Level; Sloping Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Lake Features-MultiFamily: CO Detector(s); Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer; Circle Driveway Flooring: Carpet; Luxury Vinyl; Tile To Show: ShowingTime Docs Avl for Review: As-Built

Listing Office: Jack White Real Estate Mat Su

Last Updated: June - 26 - 2026

3256 S Dawn Lake Drive, Wasilla, AK 99623- MLS# 26-7740

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 the site owner are marked with 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. Site contains live data.