1060 W Airway Circle, Wasilla, AK

$615,000

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4

Beds

4

Baths

4,090

Square feet

0.94

Acres

About 1060 W Airway Circle

Prime Location! A truly unique investment/development opportunity in an established area! This well-cared-for property offers a rare combination of existing residential income, shop/garage space, commercial frontage, and future development potential. The lot has been amended to allow multi-use and subdivision, contingent upon utility hookups, creating possibilities rarely found in this area. The upper portion of the property features a fully functional, newly updated triplex configuration. Improvements include a detached two-car garage with a separate 1-bedroom, 1-bath apartment above. You will also find a separate detached high-bay garage/shop offering excellent storage, workspace, or additional income potential. The main top/bottom duplex completes the residential improvements, with a spacious 2-bedroom, 1.5-bath upper unit and a 1-bedroom, 1-bath lower unit with an office, walkout patio, and gas fireplace. Both duplex units have been updated and/or fully remodeled in 2026 including new sheetrock, flooring, plumbing, appliances, and more. The lower portion of the property fronts the Parks Highway and offers exciting commercial and development potential. With city water and sewer located at the adjacent property, the groundwork is in place for a buyer to explore a variety of future possibilities. Whether you're looking for an income-producing property, owner-occupant opportunity, shop space, future subdivision, commercial exposure, or a combination of them all, this property is truly one of a kind. A well-maintained property with existing improvements today and endless potential for tomorrow.

Features of 1060 W Airway Circle

MLS® # 26-10511
Price $615,000
Bedrooms 4
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 4,090
Acres 0.94
Year Built 1977
Type Multi-Family
Sub-Type Tri-Plex,Other - See Remarks
Status Active

Community Information

Address 1060 W Airway Circle
Area WA - Wasilla
Subdivision Wasilla Airport Heights L39 B2
City Wasilla
State AK
Zip Code 99654

Amenities

Parking Spaces 4
Parking Attached, Detached, Other-See Remarks
Garage Spaces 2
View Mountains
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Separate Meters
Fireplace No
Has Basement No

Exterior

Roof Metal, Bitumen/Torch Down, Rubber
Construction Wood Frame
Foundation Poured Concrete, Slab

School Information

Elementary BTV-Undiscl by LL
Middle BTV-Undiscl by LL
High BTV-Undiscl by LL

Additional Information

Date Listed August 17th, 2026
Days on Market 14
Zoning C - Commercial (re: Cities Wasilla/Houston)
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSignature Real Estate Alaska

Listing Map

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