About 2701 S Knollwood Drive
Excellent income-producing multi-family property offering 3 strong rental units on a very private lot just 1.5 miles from Big Lake. Unit A is partly furnished and features a spacious 1-bedroom layout with office, loft, and 2 full bathrooms, ideal for an owner or long-term tenant. Unit B is fully furnished, turnkey, and ready for immediate short-term rental income with 2 bedrooms, 2 baths, and impressive sunrise and sunset views that attract guests year-round. Unit C is an efficient studio with full bath, perfect for steady rental demand. Major improvements include a brand-new septic system and all new build plumbing, providing peace of mind and reduced maintenance. This property is perfect for investors or owner-occupants--live in one unit while the others offset your mortgage. Close to snowboarding, snowmachining, ice fishing, boating, hiking, and Big Lake recreation.
Features of 2701 S Knollwood Drive
| MLS® # | 26-5384 |
|---|---|
| Price | $539,000 |
| Bedrooms | 4 |
| Bathrooms | 5.00 |
| Full Baths | 3 |
| Square Footage | 2,238 |
| Acres | 0.93 |
| Year Built | 1983 |
| Type | Multi-Family |
| Sub-Type | Tri-Plex |
| Status | Active |
Community Information
| Address | 2701 S Knollwood Drive |
|---|---|
| Area | WA - Wasilla |
| Subdivision | Knollwood Heights L12 B3 |
| City | Wasilla |
| State | AK |
| Zip Code | 99623 |
Amenities
| Parking Spaces | 4 |
|---|---|
| View | Mountains |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Foundation | Poured Concrete |
|---|
School Information
| Elementary | Big Lake |
|---|---|
| Middle | Houston |
| High | Houston |
Additional Information
| Date Listed | May 14th, 2026 |
|---|---|
| Days on Market | 18 |
| Zoning | MFR - Multi-Family Residential |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Congress Realty, Inc |
|---|