For sale

$485,000

5550 W Limberlost Ave, Wasilla, AK 99623

3beds

2,080sqft

$3,115/mo

Get pre-qualified

Single Family Residence

Built in 2008

1.96 Acres Lot

$481,800 Zestimate^®

$233/sqft

$-- HOA

What's special

Lots to offer. 4 LOT Parcels go w/ the 2008 home. 1/2 complete, lower level Finished upper to be finished as desired. Stairway available for a single fam dwelling and or a Duplex awaits. 1800 Sqft Shop garage with two Lifts and a attached apartment w/ 3 sleeping areas. So many possibilities with this multi-functional property. Two lots unbuilt on. A couple encroachments to organize but manageableOwner financeable with a LARGE down.

213 days
74
8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

See Remarks, Unknown

Features

BR/BA on Main Level, BR/BA Primary on Main Level, Storage
Has basement: No
Has fireplace: Yes
Fireplace features: Fire Pit
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,080
Total interior livable area: 2,080 sqft

Property

Parking

Total spaces: 4
Parking features: Garage Door Opener, RV Access/Parking, Detached, No Carport
Garage spaces: 4

Features

Levels: Two
Stories: 2
Patio & porch: Deck/Patio
Exterior features: Private Yard
Fencing: Fenced
Waterfront features: None, No Access

Lot

Size: 1.96 Acres
Features: Fire Service Area, Horse Property, Poultry Allowed, Road Service Area

Details

Additional structures: Workshop, Barn/Shop, Shed(s)
Parcel number: 6043B07L004
Zoning: UNK
Zoning description: Unknown (re: all MSB)
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Frame, Wood Siding
Foundation: Concrete Perimeter, Unknown - BTV
Roof: Metal,Shingle

Condition

New construction: No
Year built: 2008

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electric, Cable Connected

Community & HOA

Location

Region: Wasilla

Financial & listing details

Price per square foot: $233/sqft
Tax assessed value: $226,000
Date on market: 2/2/2026

Estimated market value

$481,800

$458,000 - $506,000

$2,842/mo

Price history

Date	Event	Price
3/5/2026	Price change	$599,900+23.7%$288/sqft
Source: AKMLS #26-2061 Report a problem
2/2/2026	Price change	$485,000-19%$233/sqft
Source: AKMLS #26-957 Report a problem
10/18/2025	Listed for sale	$598,500$288/sqft
Source: AKMLS #25-13271 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$226,000 +6%
2024	--	$213,300 +5.5%
2023	--	$202,200 +9.5%
2022	--	$184,600 +16.1%
2021	--	$159,000 +4.7%
2020	$2,416 -1.2%	$151,900 -0.4%
2019	$2,444 +4%	$152,500 +3.5%
2018	$2,351 +8.2%	$147,400 +3.4%
2017	$2,173	$142,500 +2.4%
2016	$2,173	$139,200 +0.7%
2015	$2,173	$138,200 -1%
2014	$2,173	$139,600 -1.8%
2013	--	$142,200 +252.9%
2001	--	$40,300 +0.5%
2000	--	$40,100