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8931 W Margin Way, 
Wasilla, AK 99623

$419,000


2

Beds


2

Baths


640

Sq Ft


Single Family

Active

Listed by

Tyler Hughes

Giacinto P Paoletti

Alaska Realty & Investments

907-745-7773

Last updated:

February 24, 2026, 12:46 AM

MLS#

26-1575

Source:

AK AMLS

About This Home

8931 W Margin Way

6.41 acres on Blodgett Lake with a 700sf 1BR log cabin just 50 ft from the water with mountain views over the water. Gated 1/4-mile drive leads past 2 shops totaling 1,600+ sf, 800sf 1BR apartment generating $1,500/mo. Separate utilities, multiple build sites, subdivision potential, and visible Parks HWY frontage. Privacy, income opportunity, equipment included, and lakefront in one rare property.The 1BR, 1BA log cabin was built in 1965 and measures approximately 47x15, for roughly 705 sf. Cabin windows were replaced approximately 6 years ago. Floating dock is included. Two additional structures provide substantial utility and income potential. The green shop with gray metal siding offers a 22x36 shop space plus a 31x23 living area with a loft (approximately 800 sf), 14' ceilings. Wired for a generator; a 7,500-w generator is included in the sale. The gray shop is heated and measures approximately 44x20. Cabin and green shop each have their own well and septic. All buildings have recently had their metal roofs replaced. Additional equipment (operable plow truck, snowmachine, atv, trailers, snowblower, chainsaws etc.) and containers may be included on a separate bill of sale. This is not a cookie-cutter property. The existing structures are functional but unconventional, and buyers should anticipate that financing may require creativity. Cash, rehab, or portfolio lending may be best suited. No owner finance. Property is being sold as-is.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1965

Price Summary

419,000

$654 per Sq. Ft.

MLS #:

26-1575

Last Updated:

February 24, 2026, 12:46 AM

Added:

15 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

640 Sq. Ft.


Structure

Structure

Building Area:

640 Sq. Ft.

Year Built:

1965


Lot

Lot Size (Sq. Ft):

279,219


Finances & Disclosures

Finances

Price:

$419,000

Price per Sq. Ft:

$654 per Sq. Ft.

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The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated March 5, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.