NHN Wallace Mountain Road, Eagle River, AK 99577

$5,000,000
Property Type: Land Lot Size (sq. ft.): 6,882,480 Status: Active
Current Price: $5,000,000 Last Modified: 11/24/2025

Description

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.

Supplements: The adjoining half of the Wallace Brothers homestead (160+ acres) may be available for purchase from a different owner.

More Information MLS# 25-10305

Contract Info

Subdivision Plat Type: Fee Simple Foreclosure/Bank Own: No Price-List: 5000000 Date-Listing: 2025-08-10 Status: Active

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): NW0456 Tax Map #-Mat-Su: N/A Legal: See Documents

Property Info

Realtor.com Type: Vacant Land Acres: 158 SF-Lot: 6882480 Lot Area Source: Other Zoning: CE-TR Transition

Directions and Remarks

Directions: Old Glenn Hwy. in Eagle River to Eagle River Loop to Skyline to Jaime to McCrary to Upper Skyline to Canyon View to Golden Eagle to Mt. Baldy trail parking lot. Hike from gate to Wallace Mountain Rd.

Listing Terms Financing

Cash: 1 Conventional: 1 Owner Finance: 1

Land Features

View: 1

View Type

Inlet: 1 Mountains: 1

Wtrfrnt-Access Near

Creek: 1

Wtrfrnt-Frontage

Creek: 1

Access

Dirt: 1 Gravel: 1 Trail: 1 Unmaintained: 1

Road Maintenance

Unmaintained Road: 1

Documents

Appraisal: 1

Location Tax and Legal

Area: 90 - Eagle River Street #: NHN Street Name: Wallace Mountain Arterial: Road Closest USPS Town: Eagle River State: AK Zip Code: 99577

Property Features

Listing Terms Financing: Cash; Conventional; Owner Finance View Type: Inlet; Mountains Wtrfrnt-Access Near: Creek Wtrfrnt-Frontage: Creek Access: Dirt; Gravel; Trail; Unmaintained Road Maintenance: Unmaintained Road Documents: Appraisal

Documents

Listing Office: Elite Real Estate Group
IDX
Last Updated: November - 24 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.