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Lake and Peninsula County, AK · Sold

AK-175561

7969 County Road 37

$28,800
$320/ac · 89.88 ac
Acreage89.88 ac
Price per acre$320/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJan 2, 2024
Coordinates58.1930, -156.2936
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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

2 items to verify before you offer.

Risk index
30
Low risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,098 ft away

Service extension needed; get a utility quote.

Buildable area80.86 of 89.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,824
$26,131$31,517 · $321/ac on 89.88 ac
Asking vs estimate
-0.1%
In line with 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 $28,800
Maximum allowable offer
$16,471
$183/ac · +30.0% target margin

You need $12,329 off asking to hit this margin.

All-in cost$17,871
Net resale$26,518
Projected profit$8,647
ROI+48.4%
Annualized+69.2%
Break-even resale$216/ac
Profit if resale lands off target
-20%
$3,343
-10%
$5,995
0%
$8,647
+10%
$11,299
+20%
$13,950
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-125300
Dirt · Power at road
74.4Apr 3, 2026$35,6004793135.5 mi
79
AK-215120
Landlocked · Off grid
65.3Jul 27, 2026$22,00033631320.2 mi
78
AK-184488
Paved · Power at road
41.3Jul 27, 2026$26,90065227125.3 mi
69
AK-124300
Paved · Power at road
36.0Jul 5, 2025$28,60079333616.4 mi
58
AK-186612
Landlocked · Power at road
192.5Jun 22, 2024$56,90029633416.8 mi
58
AK-984676
Gravel · Power at road
47.3Oct 2, 2023$31,30066237321.3 mi
57
Show adjustment detail for the top comp
  • Tract size (74.4 ac → 89.88 ac)-4.3%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.5%

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.