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4 Beds
4 Baths
4,090 sqft

$615,000

1060 W Airway Circle, Wasilla AK, 99654

Price per sqft$150.37
Built in1977
Property size4,090 sqft
Property typeMulti-family
Listed by McKenzie A LaBuda with Signature Real Estate Alaska

Overview

Active

Listed Aug 17, 2026

Updated 4 days ago

Prime Location! A truly unique investment/development opportunity in an established area! This well-cared-for property offers a rare combination of existing residential income, shop/garage space, commercial frontage, and future development potential. The lot has been amended to allow multi-use and subdivision, contingent upon utility hookups, creating possibilities rarely found in this area. The upper portion of the property features a fully functional, newly updated triplex configuration. Improvements include a detached two-car garage with a separate 1-bedroom, 1-bath apartment above. You will also find a separate detached high-bay garage/shop offering excellent storage, workspace, or additional income potential. The main top/bottom duplex completes the residential improvements, with a spacious 2-bedroom, 1.5-bath upper unit and a 1-bedroom, 1-bath lower unit with an office, walkout patio, and gas fireplace. Both duplex units have been updated and/or fully remodeled in 2026 including new sheetrock, flooring, plumbing, appliances, and more. The lower portion of the property fronts the Parks Highway and offers exciting commercial and development potential. With city water and sewer located at the adjacent property, the groundwork is in place for a buyer to explore a variety of future possibilities. Whether you're looking for an income-producing property, owner-occupant opportunity, shop space, future subdivision, commercial exposure, or a combination of them all, this property is truly one of a kind. A well-maintained property with existing improvements today and endless potential for tomorrow.

$4,092/mo

Est. mortgage payment based on a $615,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-10511

Interior Features

Bedrooms
4
Bathrooms
4
Basement
No

Exterior Features

Lot Size
0.94 Acres

Other Property Details

Taxes
$3,531
Tax Frequency
Annually
Garage
Yes
View
Yes
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Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 9/22/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 9/22/2026 at 6:30 AM UTC

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