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Lake and Peninsula County, AK · Sold

AK-223754

1261 County Road 394

$16,600
$684/ac · 24.28 ac
Acreage24.28 ac
Price per acre$684/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJun 20, 2024
Coordinates57.9349, -156.3411
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
7
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

476 ft of deeded road frontage.

Power146 ft away

Power at or near the road.

Buildable area20.94 of 24.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,903
$11,603$16,203 · $573/ac on 24.28 ac
Asking vs estimate
+19.4%
Priced above the comp set

Weighted from 9 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 $16,600
Maximum allowable offer
$7,945
$327/ac · +30.0% target margin

You need $8,655 off asking to hit this margin.

All-in cost$8,620
Net resale$12,791
Projected profit$4,170
ROI+48.4%
Annualized+69.2%
Break-even resale$386/ac
Profit if resale lands off target
-20%
$1,612
-10%
$2,891
0%
$4,170
+10%
$5,449
+20%
$6,728
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-563317
Gravel · Power at road
17.7Jul 27, 2026$13,2007456161.1 mi
85
AK-543311
Gravel · Off grid
17.6Jul 27, 2026$8,00045644412.5 mi
76
AK-184488
Paved · Power at road
41.3Jul 27, 2026$26,90065252013.1 mi
74
AK-633014
Landlocked · Full utilities
14.2May 27, 2026$5,90041240421.4 mi
71
AK-215120
Landlocked · Off grid
65.3Jul 27, 2026$22,0003366004.7 mi
71
AK-123156
Paved · Power at road
15.7Mar 12, 2026$14,60092665026.6 mi
67
AK-124300
Paved · Power at road
36.0Jul 5, 2025$28,60079364416.6 mi
66
AK-125300
Dirt · Power at road
74.4Apr 3, 2026$35,60047959918.7 mi
64
AK-984676
Gravel · Power at road
47.3Oct 2, 2023$31,30066271512.8 mi
59
Show adjustment detail for the top comp
  • Tract size (17.69 ac → 24.28 ac)-4.1%
  • Access (Gravel → Dirt)-14.0%

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.