Welcome to your beautiful private retreat! Surrounded by nature, this is the perfect getaway for those long weekends where you want to be outside. With one of the larger lots in the area and lake access just down the road this place has it all.
For sale
$135,000
48949 S Rainbow Ridge Dr, Wasilla, AK 99623
1beds
0baths
380sqft
Single Family Residence
Built in 2008
1.5 Acres Lot
$68,400 Zestimate®
$355/sqft
$-- HOA
What's special
- 3 days |
- 19 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Joseph J Gugel,
RMG Real Estate Valley Office
Source: AKMLS,MLS#: 26-7759
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Space Heater
Features
- Ceiling Fan(s), Solid Surface Counter, Vaulted Ceiling(s), Storage
- Flooring: Painted/Stained, See Remarks, Vinyl
- Windows: Window Coverings
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Fire Pit
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 380
- Total interior livable area: 380 sqft
Property
Parking
- Parking features: Circular Driveway, No Garage, No Carport
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Waterfront features: Unknown-BTV, Lake Privileges
- Body of water: Caswell Lakes
Lot
- Size: 1.5 Acres
- Topography: Level
Details
- Additional structures: Outhouse
- Parcel number: 6070000L0714
- Zoning: UNZ
- Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Other, See Remarks, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: None
- Water: Private, Well
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $355/sqft
- Tax assessed value: $29,400
- Annual tax amount: $455
- Date on market: 6/26/2026
Estimated market value
$68,400
$49,000 - $93,000
$1,176/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $135,000$355/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $456 -4.6% | $29,400 +1% |
| 2024 | $477 +6.5% | $29,100 +4.3% |
| 2023 | $448 -2.7% | $27,900 +0.4% |
| 2022 | $461 +1.3% | $27,800 +8.2% |
| 2021 | $454 -4% | $25,700 -1.5% |
| 2020 | $474 +1.6% | $26,100 +2.4% |
| 2019 | $466 -1.1% | $25,500 -1.5% |
| 2018 | $471 -0.3% | $25,900 -1.5% |
| 2017 | $472 | $26,300 -0.8% |
| 2016 | $472 | $26,500 -1.5% |
| 2015 | $472 | $26,900 -1.5% |
| 2014 | $472 | $27,300 +0.7% |
| 2013 | -- | $27,100 +13.9% |
| 2012 | -- | $23,800 +2.6% |
| 2011 | -- | $23,200 |
| 2010 | -- | $23,200 +321.8% |
| 2006 | -- | $5,500 +3.8% |
| 2005 | -- | $5,300 -69.5% |
| 2004 | -- | $17,400 +6.1% |
| 2003 | -- | $16,400 -3.5% |
| 2002 | -- | $17,000 +2.4% |
| 2001 | -- | $16,600 +564% |
| 2000 | -- | $2,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99623
Nearby schools
GreatSchools rating
- 10/10Willow Elementary SchoolGrades: PK-5Distance: 18.3 mi
- 4/10Susitna Valley High SchoolGrades: 6-12Distance: 9.5 mi
Schools provided by the listing agent
- Elementary: Willow
- High: Su Valley
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Alaska
- Matanuska Susitna Borough
- Willow
- 99623
- 48949 S Rainbow Ridge Dr





