$5,000,000
ActiveNHN Wallace Mountain Road, Eagle River, AK 99577, Eagle River, AK 99577
Listed by Elite Real Estate Group
Research This Property
External government tools for due diligence.
Parcel #: See Docs
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.
Land Details
- Access
- Not specified
- Utilities
- None specified
- Water
- Not specified
- Sewer
- Not specified
- Terrain / Features
- Not specified
- Zoning
- CE-TR Transition -
- Subdivision
- None
- View
- Inlet, Mountains
- MLS #
- 25-10305
- Parcel #
- See Docs
- Annual Taxes
- N/A
- Lot Size
- 158 acres
Listing Documents
Documents shown when provided by listing agent.
Property History
History based on public listing records. All prices shown are list prices. Alaska is a non-disclosure state; actual sale prices are not public record.
- ✨Previously listed in 2025 at $325,000 View listing
- ✨Previously listed in 2024 at $325,000 View listing
- ✨Previously listed in 2023 at $425,000 View listing
- ✨Previously listed in 2017 at $88,000 View listing
- ✨On market since Aug 11, 2025
| Date | Event | List Price | Δ vs prior | $/acre |
|---|---|---|---|---|
| Aug 11, 2025 | UnknownCurrent | — | — | — |
| Aug 11, 2025 | Unknown | — | — | — |
| Jul 16, 2025 | Unknown | — | — | — |
| May 6, 2025 | Unknown | — | — | — |
| May 6, 2025 | Unknown | — | — | — |
| May 6, 2025 | Previous listing | $325,000 | — | $2.1K/ac |
| Dec 23, 2024 | Unknown | — | — | — |
| Jul 16, 2024 | Unknown | — | — | — |
| May 9, 2024 | Unknown | — | — | — |
| May 9, 2024 | Unknown | — | — | — |
| May 8, 2024 | Previous listing | $325,000 | — | $2.1K/ac |
| Mar 20, 2024 | Unknown | — | — | — |
| Jul 13, 2023 | Unknown | — | — | — |
| Jul 13, 2023 | Unknown | — | — | — |
| Jul 13, 2023 | Previous listing | $425,000 | — | $2.7K/ac |
| Feb 17, 2018 | Unknown | — | — | — |
| Jan 23, 2018 | Unknown | — | — | — |
| Jan 23, 2018 | Unknown | — | — | — |
| Feb 21, 2017 | Previous listing | $88,000 | — | $557/ac |
| Now | Current list | $5,000,000 | — | $31.6K/ac |
Research This Property
External government tools for due diligence.
Parcel #: See Docs
Contact Agent
Teresa Jervis
BHG Dream Makers
Location
Loading map...
Soil & Buildability
Loading soil profile…
How to read these ratings (and where the data comes from)
What you're looking at
The USDA Natural Resources Conservation Service (NRCS) maintains the Soil Survey Geographic Database (SSURGO), which divides the landscape into polygons of similar soils mapped from aerial photos and field samples. Every polygon carries published ratings for drainage, hydric (wetland) status, septic absorption, and dwelling suitability. We query SSURGO at this listing's centroid coordinates and surface the dominant soil component's ratings for that polygon.
What “Very limited” actually means
NRCS's septic absorption rating is a roll-up that considers slope, permeability, depth to a restrictive layer (bedrock, fragipan, permafrost), filter-strip thickness above the water table, and frost action. A parcel with well-drained, non-hydric topsoil can still earn “Very limited” because of slope >15%, a slow subsoil, or a shallow restrictive layer. The rating reflects survey-scale character — it is not a pass/fail prediction for any specific lot.
Who actually decides whether you can build a septic
In Alaska, on-site wastewater approval is made by Alaska DEC's On-site Wastewater Treatment Systems program (or the local borough's authority where one exists), based on a site-specific perc test and soils log performed at your intended drainfield location. Plenty of parcels rated “Very limited” in SSURGO still get approved with a backhoe-pit log and a conventional or mound system; SSURGO is the starting point, not the verdict.
Why scale matters
Alaska's soil surveys are mapped at 1:24,000 in populated areas and 1:63,360 (or coarser) elsewhere. At those scales, the smallest reliably delineated unit covers several acres — meaning a 1-acre to 5-acre parcel is rated by whichever component dominates the larger surrounding polygon, not by what's actually under your specific building site.
Reference data only — dig test holes before you buy. Soil information is sourced from the USDA Natural Resources Conservation Service Soil Survey Geographic Database (SSURGO), mapped at scales between 1:12,000 and 1:63,000 and sometimes decades old. Conditions on any specific parcel can vary substantially from what is mapped, and in Alaska it is common to find deep organics, hardpan, or a high water table that the survey doesn't capture. Before buying, dig test holes at your intended building and septic locations and have a soils engineer review what comes out of the ground. AlaskaLand makes no representation as to the accuracy or completeness of this data and provides it for general reference only.
Listing provided by Elite Real Estate Group
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AKMLS). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Dream Makers are marked with either the listing brokerage's logo or the AKMLS logo and information about them includes the name of the listing brokerage.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
Copyright 2026 Alaska Multiple Listing Service, Inc. Rights reserved.
Data last updated: Jul 10, 2026, 12:40 AM
Better Homes and Gardens Real Estate Dream Makers
1051 E Horvath Dr, Suite 103, Wasilla, AK 99654 · (907) 312-1056
Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation.
Contact Agent
Teresa Jervis
BHG Dream Makers