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Lake and Peninsula County, AK · Sold

AK-268124

6948 County Road 202

$136,000
$236/ac · 575 ac
Acreage575 ac
Price per acre$236/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 6, 2026
Coordinates58.0133, -156.2788
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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

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

View Lake and Peninsula market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
20
Low risk
Wetlands10.8% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power23 ft away

Power at or near the road.

Buildable area487.67 of 575.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$172,951
$137,830$208,071 · $301/ac on 575 ac
Asking vs estimate
-21.4%
Priced below the comp set

Weighted from 6 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 $136,000
Maximum allowable offer
$98,829
$172/ac · +30.0% target margin

You need $37,171 off asking to hit this margin.

All-in cost$107,229
Net resale$159,115
Projected profit$51,885
ROI+48.4%
Annualized+69.2%
Break-even resale$203/ac
Profit if resale lands off target
-20%
$20,062
-10%
$35,974
0%
$51,885
+10%
$67,797
+20%
$83,708
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-189225
Gravel · Off grid
1277.7Jul 27, 2026$238,2001862818.3 mi
79
AK-288018
Landlocked · Power at road
533.0Sep 6, 2025$126,6002383556.1 mi
79
AK-848796
Landlocked · Off grid
936.4Jul 27, 2026$103,3001102226.9 mi
76
AK-917482
Paved · Full utilities
361.4Dec 30, 2025$137,4003802368.4 mi
71
AK-377469
Gravel · Power at road
358.1Apr 2, 2025$149,70041838421.9 mi
65
AK-186612
Landlocked · Power at road
192.5Jun 22, 2024$56,90029634413.1 mi
55
Show adjustment detail for the top comp
  • Tract size (1277.68 ac → 575.49 ac)+27.9%
  • Utilities (Off grid → Power at road)+17.6%

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.