Back 2701 North McRae Drive
Off Market

2701 North McRae Drive

Lakes AK 99654

3
3
1939 sq. ft.
123275 sq. ft.
Single-Family
Sean WilliamsSean Williams, last sold this property on 21 April 2025 after -4 days on market.

Overview

Woodland retreat with glorious mountain and lake views: Pioneer Peak, Lazy Mountain, and the Talkeetnas, and across the road to Finger Lake! 2.83 acres with exceptional privacy, on a cul-de-sac, with a charming detached cabin that can be used as a shop or studio. This single-owner custom home is as drenched with character and coziness as it is with south-facing sunlight! Perennial gardens, apple trees, raspberries & extensive rock landscaping, with a back driveway accessing the cabin, garage, and shed and a front entrance to the deck. The home is a beautifully maintained, spruce sided, hilltop chalet with rebuilt 400 sq ft deck, delightful three season sunroom, covered outdoor kitchen, & 430 sq ft three-season workshop/cabin with wall to wall windows. There's ample room on the property to build a huge shop or garage, should more toy/work space be needed. The chalet's ground floor has a single car garage, bonus room, and bedroom suite/family room/apartment (as you wish) with private bathroom and full kitchen, which rents for $1100. The main level boasts a south facing great room, where tropical house plants (large ones can convey with the home) reach toward the 24 ft vaulted ceiling. It features rustic wood beam construction and exudes Alaskan style and charm: this is a comfortable home with the vibe of a cozy cabin retreat! From the balcony of the loft's master bedroom suite (which makes a nice office perch), you can celebrate the northern lights & the morning sun. Extensive tile floors, colorful bathroom tilework, and the warmth of golden wood make this home unique, with a classic design that stands the test of time. This is not just another gray spec house! The 2.83 acres, near-lakeside location, exceptional views even by Alaska standards, and separate dwelling downtstairs (ideal for family, visitors, or rental income) make this a highly unusual opportunity in the Palmer/Wasilla market. Highlights: - Rare 2.83 acre lot near Finger Lake in Wasilla, right of Bogard and Trunk Road: easy commute location - Custom home with one owner since construction in 1984. Built and maintained for charm, coziness, and longevity - Downstairs bedroom with kitchenette and private works great for guests, family, or for potential rental income - Outside dry cabin/stop/studio with a wall of windows and gorgeous wood siding - Mountain views in three directions and Knik Glacier views on a clear day - Beautiful custom tilework in the bathrooms - Tropical plants reach the double-height ceiling in the great room, may stay if desired - Apple trees, raspberry patch, and fire pit - No HOA, minimal covenants Between the lot size, lake and short commute location, guest apartment, and incredible charm and views, this is truly a rare find in the Valley. Call your Alaska real estate licensee of choice to schedule a private showing today.

Features

3 bedrooms
3 bathrooms
1939 sq. ft. floor area
123275 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Lakes over the last 12 months, the estimated median property value of 2701 North McRae Drive is $450k.

Median value
$450k
Estimated value range
$320k - $570k
Median days on market
55
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lakes. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2701 North McRae Drive

2025
Sold
Undisclosed
21 Apr 2025 by Sean Williams

Happy sellers in Lakes

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We have insufficient information to provide an overview of customer satisfaction for Lakes. Viewing the agent profiles, reviews and sales for Lakes can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Lakes

In the last 12 months, 7 three-bedroom single-family properties similar to 2701 North McRae Drive, have been sold.

This represents a 93% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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