Description
A Rare North Pole Homestead Investment Opportunity! Discover a unique piece of North Pole history with this old homestead property that blends character, income potential, and room to live the true Alaskan lifestyle. Spread out across a spacious lot, this versatile property offers plenty of room for gardening, raising chickens, working in the shop, or simply enjoying the privacy of your own retreat"all while generating rental income or growing your investment. The property features a beautifully renovated cedar style-sided duplex, updated from top to bottom with energy efficiency in mind. The central heating system includes a natural gas boiler, keeping utility costs far lower than comparable properties of this size. Each side of the duplex offers spacious layouts: one with 3 bedrooms, 2 baths, and laundry hookups; the other with 3 bedrooms and 1.5 baths. A separate 3-bedroom, 1.5-bath single-family home sits apart from the duplex, offering privacy and flexibility for an owner-occupant, extended family, or another income stream. Exterior highlights showcase the best of Alaskan living: a 24x50 heated shop built for true work, not just storage; a greenhouse and garden space; a chicken coop; and a well-kept lawn"all tucked at the end of a quiet dead-end street with minimal traffic. With 4,000 sq. ft. of total living space (approximately 1,200 sq. ft. in the single-family home and 1,400 sq. ft. on each side of the duplex), plus the 1,200 sq. ft. shop, this property is more than a home"its a lifestyle and an investment. Rent all three units for strong cash flow, or live in one while the others cover the mortgage. Opportunities like this"an Alaskan homestead with space to grow, work, and invest"rarely come to market.
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8BEDS
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5.89ACRES
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6BATHS
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01/2 BATHS
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4,000SQFT
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$165$/SQFT
School Information
Description
A Rare North Pole Homestead Investment Opportunity! Discover a unique piece of North Pole history with this old homestead property that blends character, income potential, and room to live the true Alaskan lifestyle. Spread out across a spacious lot, this versatile property offers plenty of room for gardening, raising chickens, working in the shop, or simply enjoying the privacy of your own retreat"all while generating rental income or growing your investment. The property features a beautifully renovated cedar style-sided duplex, updated from top to bottom with energy efficiency in mind. The central heating system includes a natural gas boiler, keeping utility costs far lower than comparable properties of this size. Each side of the duplex offers spacious layouts: one with 3 bedrooms, 2 baths, and laundry hookups; the other with 3 bedrooms and 1.5 baths. A separate 3-bedroom, 1.5-bath single-family home sits apart from the duplex, offering privacy and flexibility for an owner-occupant, extended family, or another income stream. Exterior highlights showcase the best of Alaskan living: a 24x50 heated shop built for true work, not just storage; a greenhouse and garden space; a chicken coop; and a well-kept lawn"all tucked at the end of a quiet dead-end street with minimal traffic. With 4,000 sq. ft. of total living space (approximately 1,200 sq. ft. in the single-family home and 1,400 sq. ft. on each side of the duplex), plus the 1,200 sq. ft. shop, this property is more than a home"its a lifestyle and an investment. Rent all three units for strong cash flow, or live in one while the others cover the mortgage. Opportunities like this"an Alaskan homestead with space to grow, work, and invest"rarely come to market.