Unique opportunity to purchase just under 160 acres of homestead land that abuts Chugach State Park, just below Mt. Baldy, with views of the inlet. The property is half of the original Wallace Brothers homestead & was subdivided into many lots years ago. Possible uses may include high end residential/recreational lots, a commercial lodge/hotel/Ski area or private estate.The adjoining half of the Wallace Brothers homestead (160+ acres) may be available for purchase from a different owner.
Lot/land
$5,000,000
Nhn Wallace Mountain Rd, Eagle River, AK 99577
--beds
--baths
158Acres
Unimproved Land
Built in ----
158 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 330 days |
- 183 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Jeff Goyette,
Elite Real Estate Group
Source: AKMLS,MLS#: 25-10305
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Has view: Yes
- View description: Inlet, Mountain(s)
- Has water view: Yes
- Water view: Inlet
- Waterfront features: Creek Access, Creek
Lot
- Size: 158 Acres
- Features: Views
Details
- Parcel number: See Docs
- Zoning: CE-TR
- Zoning description: Transition
Community & HOA
Location
- Region: Eagle River
Financial & listing details
- Date on market: 8/11/2025
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Listed for sale | $5,000,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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: 99577
Nearby schools
GreatSchools rating
- 5/10Homestead Elementary SchoolGrades: PK-6Distance: 2.6 mi
- 8/10Mirror Lake Middle SchoolGrades: 6-8Distance: 6.3 mi
- 6/10Chugiak High SchoolGrades: 9-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Alaska
- Anchorage Borough
- Eagle River
- 99577
- Nhn Wallace Mountain Rd




