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Lake and Peninsula County, AK · Sold

AK-189225

1953 County Road 203

$249,900
$196/ac · 1,278 ac
Acreage1,278 ac
Price per acre$196/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 11, 2026
Coordinates57.9175, -156.1446
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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
16
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

8,520 ft of deeded road frontage.

Power600 ft away

Power at or near the road.

Buildable area1053.57 of 1277.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$228,531
$173,811$283,250 · $179/ac on 1,278 ac
Asking vs estimate
+9.4%
Priced above 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 $249,900
Maximum allowable offer
$130,589
$102/ac · +30.0% target margin

You need $119,311 off asking to hit this margin.

All-in cost$141,689
Net resale$210,248
Projected profit$68,559
ROI+48.4%
Annualized+69.2%
Break-even resale$121/ac
Profit if resale lands off target
-20%
$26,509
-10%
$47,534
0%
$68,559
+10%
$89,584
+20%
$110,609
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
AK-268124
Gravel · Power at road
575.5Jul 27, 2026$133,1002311548.3 mi
79
AK-848796
Landlocked · Off grid
936.4Jul 27, 2026$103,30011014815.1 mi
77
AK-288018
Landlocked · Power at road
533.0Sep 6, 2025$126,6002382362.2 mi
67
AK-149882
Dirt · Off grid
2056.5Feb 16, 2025$211,50010314810.9 mi
66
AK-917482
Paved · Full utilities
361.4Dec 30, 2025$137,40038015714.2 mi
58
AK-377469
Gravel · Power at road
358.1Apr 2, 2025$149,70041825530.1 mi
51
Show adjustment detail for the top comp
  • Tract size (575.49 ac → 1277.68 ac)-21.8%
  • Utilities (Power at road → Off grid)-15.0%

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.