For sale

$1,495,000

351 E Spruce Ave, Wasilla, AK 99654

13beds

6,106sqft

$10,097/mo

Get pre-qualified

Multi Family

Built in 1993

-- sqft lot

$-- Zestimate^®

$245/sqft

$-- HOA

What's special

Extensive updatingAdditional land

Unique opportunity to acquire an income Cabin rental property, featuring 8 cabins - and space to grow. The property has undergone extensive updating, including two newly constructed cabins completed in 2024. Additional land offers potential for future development or expansion. Showings are available by appointment only - cabins all currently rented, do not drive through.

47 days
302
44

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 9
Full bathrooms: 9

Heating

Natural Gas

Features

Has basement: No

Interior area

Total structure area: 6,106
Total interior livable area: 6,106 sqft

Property

Parking

Parking features: Detached Carport, Detached
Has garage: Yes
Has carport: Yes

Features

Waterfront features: No Access, None

Lot

Size: 4.39 Acres

Details

Parcel number: 51050000L016
Zoning: UNZ
Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Log Siding, Wood Siding, Log, Frame
Foundation: All-Weather Wood, Block, Concrete Perimeter
Roof: Asphalt,Metal

Condition

New construction: No
Year built: 1993
Major remodel year: 2024

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Location

Region: Wasilla

Financial & listing details

Price per square foot: $245/sqft
Tax assessed value: $789,300
Annual tax amount: $9,739
Date on market: 8/18/2026

Estimated market value

Not available

Estimated sales range

Not available

$1,526/mo

Price history

Date	Event	Price
8/18/2026	Listed for sale	$1,495,000+53.3%$245/sqft
Source: AKMLS #26-10577 Report a problem
8/1/2022	Sold	--
Source: AKMLS #22-4186 Report a problem
4/15/2022	Pending sale	$975,000$160/sqft
Source: AKMLS #22-4186 Report a problem
4/9/2022	Listed for sale	$975,000+21.9%$160/sqft
Source: AKMLS #22-4186 Report a problem
8/6/2017	Listing removed	$800,000$131/sqft
Source: Alaska Realty & Investments #16-15859 Report a problem
10/5/2016	Listed for sale	$800,000+23.1%$131/sqft
Source: Alaska Realty & Investments #16-15859 Report a problem
1/27/2016	Listing removed	$650,000$106/sqft
Source: IEC Realty #15-6181 Report a problem
5/1/2015	Listed for sale	$650,000-10.3%$106/sqft
Source: IEC Realty #15-6181 Report a problem
8/8/2013	Listing removed	$725,000$119/sqft
Source: IEC Realty #13-1497 Report a problem
2/10/2013	Listed for sale	$725,000-3.3%$119/sqft
Source: IEC Realty #13-1497 Report a problem
7/3/2011	Listing removed	$750,000$123/sqft
Source: Keller Williams Realty Alaska Group #10009237 Report a problem
1/2/2011	Listed for sale	$750,000-6.1%$123/sqft
Source: Keller Williams Realty Alaska Group #10-9237 Report a problem
6/25/2010	Listed for sale	$799,000-13.6%$131/sqft
Source: Keller Williams Realty Alaska Group #10-8738 Report a problem
4/4/2010	Listing removed	$925,000$151/sqft
Source: Visual Tour #09-5183 Report a problem
5/2/2009	Listed for sale	$925,000$151/sqft
Source: Visual Tour #09-5183 Report a problem
11/1/1999	Sold	--
Source: AKMLS #99-200213 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,739 +6.5%	$789,300 +9.4%
2024	$9,142 +13%	$721,300 +9.5%
2023	$8,093 +66.3%	$658,900 +77.6%
2022	$4,866 -18.6%	$371,030 -28.9%
2021	$5,980 -23.5%	$521,800
2020	$7,813 -3.4%	$521,800 -2.6%
2019	$8,089 +37.5%	$535,700 +36.8%
2018	$5,883 -3.6%	$391,700 -2.1%
2017	$6,105	$399,900 -1.8%
2016	$6,105	$407,200 -1.4%
2015	$6,105	$412,900 -2.1%
2014	$6,105	$421,600 -1.7%
2012	--	$428,700 +1%
2011	--	$424,300 +0.2%
2010	--	$423,500 -2.5%
2009	--	$434,200 -1.9%
2008	--	$442,600
2007	--	$442,600 +6.6%
2006	--	$415,200 +8.9%
2005	--	$381,400 +11%
2004	--	$343,500 +14.8%
2003	--	$299,100 -2.3%
2002	--	$306,100 -1.1%
2001	--	$309,600 +3.8%
2000	--	$298,200