CASH or possible renovation loan only. Home is being sold AS-IS and has significant unfinished areas and repairs needed. If you are looking for a project with incredible potential, this one is worth a look. Set on 1.42 acres with mountain and inlet views, this 4272 sq ft log home offers a chance to finish something truly special. The main living area features honey-colored log ceilings and walls and large windows that bring the outdoors inside. The kitchen is spacious and has potential to be a dream kitchen, with an open concept to the dining area. There is also one bedroom and a full bath on this main level. Much of the upper level is finished with two bedrooms a full bath and a primary bedroom suite with a walk-in-closet and its own private full bath. There is a huge room, with vaulted ceilings, and large (broken) windows that could be an amazing family room! The home is unfinished in several areas and will need repairs and updates throughout. There are safety hazards, including exterior doors without decks, broken windows, and portions of the home are incomplete. One bathroom shower functions normally, but the tub currently leaks when drained. There will be electrical and plumbing work to do. The finished, one bedroom MIL apartment is currently operating as an AirBnb and is bringing in approximately $3500 per month in the summer, per the owner. Outside you will find recently replaced roof, a massive 30X40 foot unfinished shop with a semi-truck height garage door-no garage door opener-and an unfinished two-bedroom, 1 bath framed, apartment above it. There is currently no access to this unfinished framed in apartment. A former garage that was under the house, has been converted to a home business and being used as a boutique. The original garage door is still available for someone wanting to convert it back. The house is currently occupied. It is a rare opportunity for someone with vision to create an amazing log home in a beautiful setting, while building lots of sweat equity. Bonus: Walk to Grizzly Grounds for morning coffee/breakfast. Gorgeous setting and an income producing apartment. This property requires significant repairs and completion. When completed this house could be an Alaskan Showpiece. So many options and ways to use it. Unable to find info on well and septic except a listing from 2002 says there was a 4-bedroom approved septic All information deemed to be reliable, Buyer to verify Per Enstar the avg is $230, high $460, low 115 Per MEA the avg is $161, high $207, low $102
Listing Office Herrington and Company, LLC

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