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Kenai Peninsula County, AK · Sold

AK-105372

2976 County Road 40

$49,700
$634/ac · 78.38 ac
Acreage78.38 ac
Price per acre$634/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 12, 2023
Coordinates60.4345, -152.0860
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Kenai Peninsula County, Alaska. Remote off-grid acreage; access and season length drive value more than size.

View Kenai Peninsula market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands3.8% of tract

Little to no mapped wetland coverage.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,198 ft of deeded road frontage.

Power6,214 ft away

A long utility run — price in solar/off-grid instead.

Buildable area71.63 of 78.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$42,040
$35,849$48,232 · $536/ac on 78.38 ac
Asking vs estimate
+18.2%
Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $49,700
Maximum allowable offer
$24,023
$306/ac · +30.0% target margin

You need $25,677 off asking to hit this margin.

All-in cost$26,065
Net resale$38,677
Projected profit$12,612
ROI+48.4%
Annualized+69.2%
Break-even resale$361/ac
Profit if resale lands off target
-20%
$4,877
-10%
$8,744
0%
$12,612
+10%
$16,480
+20%
$20,347
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-355296
Dirt · Power at road
74.2Dec 23, 2024$38,8005245460.1 mi
78
AK-534850
Dirt · Full utilities
53.7Jul 27, 2026$45,10084062817.2 mi
77
AK-124670
Landlocked · Power at road
47.1Jul 27, 2026$18,70039744615.7 mi
72
AK-295193
Landlocked · Off grid
68.8Nov 29, 2024$26,90039159816.5 mi
68
AK-205056
Gravel · Off grid
62.4Feb 28, 2024$37,70060563414.1 mi
68
AK-334345
Landlocked · Power at road
37.3May 13, 2025$17,40046852913.1 mi
65
AK-484158
Gravel · Off grid
32.5May 27, 2025$17,10052546217.4 mi
62
AK-193843
Dirt · Full utilities
25.9Sep 9, 2025$15,50059940817.5 mi
56
Show adjustment detail for the top comp
  • Tract size (74.18 ac → 78.38 ac)-1.3%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (20 mo)+6.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.