Set on 3.2 private acres with more than 170 feet of Big Lake frontage, the McKinley House is a rare waterfront offering where panoramic views of the lake and Denali meet a residence of true scale and craftsmanship. Sprawling nearly 10,000 square feet across three levels, with twelve bedrooms and eleven and a half baths, this meticulously maintained estate is as versatile as it is impressive --at home as a private family compound or a multi-generational retreat, and equally suited to a turnkey hospitality venture as a bed-and-breakfast, boutique hotel, or conference and retreat center, with established income potential already in place. Inside, a custom wall of Andersen windows frames the lake and the Alaska Range beneath soaring cathedral ceilings, while custom built-ins and quiet seating nooks invite you to settle in with the view. The open kitchen anchors the main level -- commercial-grade appliances, an oversized island, and direct access to a covered Trex deck with comfortable seating and multiple gas fireplaces, the natural gathering place for Alaska's long summer evenings. Generous bedrooms and multiple junior suites are thoughtfully distributed across every level, comfortably accommodating two dozen guests or more, while a lower-level game room opens through French doors to outdoor seating and the water beyond. Ramp access inside and out makes the home as welcoming as it is gracious. Beyond the residence, the grounds are their own quiet luxury. A large lakeside gazebo sits at the water's edge -- a setting where couples have exchanged vows as the sun set across Big Lake -- while a wooded area threaded with private walking trails and a tucked-away secret garden offer room to wander and unwind. Throughout, the property reflects an uncommon pride of ownership; the care shows in every detail and endures through the seasons. It is a home that feels, in the owners' own words, both peaceful and elegant from the moment you step through the door. The setting strikes that rare balance of connected and secluded -- level and just off the pavement, moments from Susitna Brewery, Three Bears, the elementary school, parks, and bike paths, with the airstrip, public lake access, and Martin Buser's Happy Trails kennel nearby, and front-row proximity to the Iditarod and Iron Dog. Cast a line from your own shoreline, explore by four-wheeler, and close each day with the magnificent Alaskan sunsets that define life on Big Lake. Distinguished, private, and meticulously kept -- genuinely one of a kind. The neighboring property, a former single-family home converted into a functional restaurant space (formerly "The Boathouse") with commerical kitchen, recently improved driveway and parking, etc, (formerly "The Boathouse"), is also available for purchase.
For sale
$2,750,000
5322 S Big Lake Rd, Wasilla, AK 99623
12beds
9,771sqft
Single Family Residence
Built in 1996
3.2 Acres Lot
$2,639,900 Zestimate®
$281/sqft
$-- HOA
What's special
- 15 days |
- 622 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Sean Williams,
EXP Realty, LLC - Downtown Anchorage
Source: AKMLS,MLS#: 26-7094
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
- Full bathrooms: 11
- 1/2 bathrooms: 1
Heating
- Natural Gas, Other, Radiant Floor
Features
- Soaking Tub, Storage
- Flooring: Luxury Vinyl, Other
- Basement: Partially Finished
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,771
- Total interior livable area: 9,771 sqft
Property
Parking
- Parking features: RV Access/Parking, No Garage, No Carport
Features
- Levels: Multi/Split
- Patio & porch: Deck/Patio
- Exterior features: Dock, Private Yard
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront, Lake Front, Lake Privileges
- Body of water: Big Lake
Lot
- Size: 3.2 Acres
- Features: Landscaped, Poultry Allowed
- Topography: Level
Details
- Parcel number: 5960000L002
- Zoning: UNZ
- Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Wasilla
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $1,684,700
- Annual tax amount: $23,330
- Date on market: 6/14/2026
- Road surface type: Paved
Estimated market value
$2,639,900
$2.51M - $2.77M
$3,069/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $2,750,000-8%$281/sqft |
Source: | ||
| 11/29/2025 | Listing removed | $2,990,000$306/sqft |
Source: | ||
| 6/13/2025 | Price change | $2,990,000-25.3%$306/sqft |
Source: | ||
| 6/13/2025 | Listed for sale | $4,000,000+25%$409/sqft |
Source: | ||
| 3/18/2025 | Listing removed | $3,200,000-28.9%$327/sqft |
Source: | ||
| 11/21/2024 | Price change | $4,500,000+40.6%$461/sqft |
Source: | ||
| 11/21/2024 | Price change | $3,200,000-28.9%$327/sqft |
Source: | ||
| 11/21/2024 | Price change | $4,500,000+40.6%$461/sqft |
Source: | ||
| 11/21/2024 | Price change | $3,200,000-1.5%$327/sqft |
Source: | ||
| 7/25/2024 | Price change | $3,250,000-55.2%$333/sqft |
Source: | ||
| 7/25/2024 | Price change | $7,250,000+72.6%$742/sqft |
Source: | ||
| 4/24/2024 | Price change | $4,200,000-47.5%$430/sqft |
Source: | ||
| 4/24/2024 | Listed for sale | $7,999,999$819/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,230 +6.2% | $1,684,700 +6.9% |
| 2024 | $21,879 +8.3% | $1,576,500 +3.4% |
| 2023 | $20,206 +5.4% | $1,525,100 +10.2% |
| 2022 | $19,171 +5.2% | $1,384,500 +15.1% |
| 2021 | $18,223 +8.5% | $1,203,300 +11.8% |
| 2020 | $16,790 +3.5% | $1,076,100 +4.4% |
| 2019 | $16,215 +2% | $1,030,900 +1.5% |
| 2018 | $15,899 +16.5% | $1,016,000 +3.2% |
| 2017 | $13,648 | $984,100 +1.7% |
| 2016 | $13,648 | $967,800 +2% |
| 2015 | $13,648 | $949,000 +3.3% |
| 2014 | $13,648 | $918,500 -1.7% |
| 2013 | -- | $934,000 +37.1% |
| 2012 | -- | $681,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 99623
Nearby schools
GreatSchools rating
- 5/10Big Lake Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Houston Middle SchoolGrades: 6-8Distance: 4.6 mi
- 4/10Houston High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Big Lake
- Middle: Houston
- High: Houston
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
- Wasilla
- 99623
- 5322 S Big Lake Rd




