Lakefront Cabin on 6.41 acres! | Image 1

8931 W Margin Way, Wasilla, AK

Name: 8931 W Margin Way, For Sale in Wasilla - Zoocasa
Brand: Alaska Realty & Investments
SKU: 26-1575
Price: 419000 USD

House

For Sale

Listed price in listed location currency (USD).

$419,000

225

MLS® 26-1575

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 640 sqft

Garage Yes

Taxes

Days Active 0

Lot Size 6.41 acres

Approx. Age 1965

Avg. Price Per Sqft $654

MLS® Number 26-1575

Property Address: 8931 W Margin Way, Wasilla, AK, 99623-4235

Average square foot calculated using Size range provided by listing agent.

Description

6.41 acres on Blodgett Lake with a 640sf 1BR log cabin just 50 ft from the water and sweeping lake views. Gated 1/4-mile drive leads past 2 shops totaling 2, 500+ sf, including a 1BR apartment generating $1, 500/mo. Separate utilities, multiple build sites, subdivision potential, and visible Parks HWY frontage. Privacy, income opportunity, equipment included, and lakefront in one rare property.*Interior photos coming soon* 1 bedroom, 1 bath log cabin built in 1965, positioned for sweeping Hatcher Pass views of the lake and an easy walk to the shoreline. Tucked well away from the road, the cabin offers year-round privacy and strong potential as a short-term rental, recreational retreat, or cozy little home. The gated drive stretches over a quarter mile into the property, opening to a massive, partially cleared, and centrally located homesite with multiple build locations. Two large shops offer over 2, 500 sq ft of combined space. All buildings on the property have recently had their metal roofs replaced. The southern shop has previously operated as a hair salon and is currently configured as a 1 bedroom apartment + garage, generating $1, 500 per month. Separate septic systems, electric meters, and gas meters serve the cabin and the shop/apartment independently. Additional improvements include several conex containers and equipment that may be included with a reasonable offer, including a well-maintained plow truck, snowmachine, and four-wheeler. With visible Parks Highway frontage, lake access, subdivision potential, commercial exposure, and tucked-away Alaska lakefront living all in one parcel, the possibilities here are significant. The existing structures are functional but unconventional, and buyers should anticipate that financing may require creativity. Cash, rehab, or portfolio lending may be best suited. This is not a cookie-cutter property. It is a rare blend of privacy, income potential, commercial visibility, and true Alaska waterfront.

MLS® Number26-1575

Laundry Level

Central VacNo

FireplaceNo

Acreage6.41

Exterior

GarageYes

Approx. Age1965

Basement

DrivewayHeated Garage, Attached Carport

Garage Spaces4

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 20, 2026List Date

$419,000List Price

Map

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