If you've been looking for a home with income potential, this one checks all the boxes!This fully renovated 4 bedroom, 3 bathroom home in Wasilla has two fully separate living spaces ideal for long-term rentals, Airbnb, or multigenerational living. You could live in one unit and rent out the other, or keep both rented and let this place pay for itself.There's also a beautiful bonus flex space that's perfect for a home office, studio, or whatever you need a little extra room for. It could even be another income stream if you get really creative. Whether you're looking to build long term wealth or just want space to spread out, this property gives you flexibility and options!
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Price Unknown
1551 S Oat St, Wasilla, AK 99654
4beds
2,968sqft
Single Family Residence
Built in 1981
1.58 Acres Lot
$527,500 Zestimate®
$--/sqft
$3,261 Estimated rent
Home value
$527,500
$480,000 - $580,000
$3,261/mo
Zestimate® history
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Beautiful bonus flex space
Zillow last checked:
Listing updated:
Listed by:
Selling Alaska,
Keller Williams Realty Alaska Group of Wasilla
Bought with:
Unity Home Group
EXP Realty, LLC Anchorage
Source: AKMLS,MLS#: 25-6216
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas
Appliances
- Included: Dishwasher, Refrigerator
Features
- Basement, BR/BA on Main Level, Pantry, Sauna
- Flooring: Luxury Vinyl
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,968
- Total interior livable area: 2,968 sqft
Property
Parking
- Parking features: Circular Driveway, RV Access/Parking, No Garage, No Carport
- Has uncovered spaces: Yes
Features
- Exterior features: Private Yard
- Waterfront features: None, No Access
Lot
- Size: 1.58 Acres
- Features: City Lot, Road Service Area
- Topography: Level,Sloping
Details
- Additional structures: Shed(s)
- Parcel number: 51049000T001
- Zoning: UNK
- Zoning description: Unknown (re: all MSB)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Hlsd Rnch/Dlt Bsmnt
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1981
- Major remodel year: 2025
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electric
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Tax assessed value: $335,700
- Annual tax amount: $4,130
- Date on market: 5/27/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | -- |
Source:  AKMLS #25-6216 Report a problem | ||
| 7/10/2025 | Pending sale | $550,000$185/sqft |
Source: AKMLS #25-6216 Report a problem | ||
| 6/12/2025 | Price change | $550,000-1.6%$185/sqft |
Source: AKMLS #25-6216 Report a problem | ||
| 5/27/2025 | Listed for sale | $559,000+27%$188/sqft |
Source: AKMLS #25-6216 Report a problem | ||
| 6/25/2024 | Sold | -- |
Source: AKMLS #23-14018 Report a problem | ||
| 6/11/2024 | Pending sale | $440,000$148/sqft |
Source: AKMLS #23-14018 Report a problem | ||
| 5/28/2024 | Listed for sale | $440,000$148/sqft |
Source: AKMLS #23-14018 Report a problem | ||
| 1/27/2024 | Pending sale | $440,000$148/sqft |
Source: AKMLS #23-14018 Report a problem | ||
| 1/17/2024 | Price change | $440,000-1.1%$148/sqft |
Source: AKMLS #23-14018 Report a problem | ||
| 12/8/2023 | Listed for sale | $445,000+107.1%$150/sqft |
Source: AKMLS #23-14018 Report a problem | ||
| 6/29/2015 | Sold | -- |
Source: AKMLS #15-2469 Report a problem | ||
| 4/15/2015 | Pending sale | $214,900$72/sqft |
Source: Homepath #15-2469 Report a problem | ||
| 2/28/2015 | Listed for sale | $214,900-6.5%$72/sqft |
Source: Homepath #15-2469 Report a problem | ||
| 6/19/2014 | Listing removed | $229,900$77/sqft |
Source: RE/MAX DYNAMIC OF THE VALLEY #14-6195 Report a problem | ||
| 6/8/2014 | Price change | $229,900-9.8%$77/sqft |
Source: RE/MAX DYNAMIC OF THE VALLEY #14-6195 Report a problem | ||
| 5/8/2014 | Listed for sale | $255,000$86/sqft |
Source: RE/MAX Dynamic of the Valley #14-6195 Report a problem | ||
| 3/14/2014 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,079 -1.2% | $335,700 +1.4% |
| 2024 | $4,130 +5% | $331,100 +2.5% |
| 2023 | $3,934 +1% | $322,900 +7.6% |
| 2022 | $3,895 -1.3% | $300,000 +9.3% |
| 2021 | $3,944 +0.9% | $274,400 +4.1% |
| 2020 | $3,909 +3.1% | $263,500 +4% |
| 2019 | $3,791 +1.3% | $253,400 +0.7% |
| 2018 | $3,744 +7.2% | $251,600 +3.9% |
| 2017 | $3,493 | $242,200 +0.9% |
| 2016 | $3,493 | $240,000 -2.5% |
| 2015 | $3,493 | $246,200 +1.5% |
| 2014 | $3,493 | $242,600 -1.9% |
| 2013 | -- | $247,200 |
| 2012 | -- | $247,200 -5.4% |
| 2011 | -- | $261,200 -4.1% |
| 2010 | -- | $272,300 -22.3% |
| 2009 | -- | $350,300 +3.5% |
| 2008 | -- | $338,500 -4.3% |
| 2007 | -- | $353,700 +82.3% |
| 2006 | -- | $194,000 +32.2% |
| 2005 | -- | $146,700 +27.1% |
| 2004 | -- | $115,400 +4.9% |
| 2003 | -- | $110,000 -55.5% |
| 2002 | -- | $247,100 +14.2% |
| 2001 | -- | $216,300 -2.1% |
| 2000 | -- | $220,900 |
Find assessor info on the county website
Neighborhood: 99654
Nearby homes
- $513,800-- bd-- ba2.9k sqft1501 S Oat St, Wasilla, AK 99654Off Market
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Nearby schools
GreatSchools rating
- 8/10Machetanz Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Teeland Middle SchoolGrades: PK-8Distance: 3.5 mi
- 8/10Colony High SchoolGrades: 9-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Machetanz
- Middle: Teeland
- High: Colony
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Alaska
- Matanuska Susitna Borough
- Wasilla
- 99654
- 1551 S Oat St
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