$450,000

7101 OMalley Rd, Anchorage, AK 99507

  • 4 beds |
  • 2 baths |
  • 2,950 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.63acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $153/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Opportunities like this don't hit the market often. This 2,950 sq ft mid-century home in coveted South Anchorage has been in the same family since it was built in 1966—and it's ready for its next chapter. Never updated, this property is a true blank slate for a full renovation or creative reimagining. Set on a generously sized lot (rare for the area!) and located in a high-demand neighborhood with amazing southern exposure, this home is surrounded by well-maintained properties and offers serious upside potential for resale, rental, or redevelopment. Key features include: massive square footage and flexible floor plan, unique atrium space perfect for a dramatic design element, two separate living spaces: ideal for a duplex-style conversion, MIL suite, or high-end gourmet layout, and strong comps in the area after renovation. Whether you're a seasoned investor looking for your next project or a buyer with a vision, this is your chance to create serious value in one of Anchorage's most desirable locations. Bring your ideas, your contractor, and your imagination this South Anchorage classic is ready for transformation. Check the docs for foundation issues. New septic is designed, but buyer will need to finish. Property is an estate sale and sold As-is.

Listing Status:
Active
Listing Office:
Real Broker Wasilla : 907-360-7448
MLS ID:
25-6343
  • General: BasementBR/BA on Main LevelDishwasherFamily RoomFireplaceRange/OvenRefrigeratorTelephoneWindow CoveringsWorkshopIn-Law FloorplanLaminate Counters
  • Appliances: Gas CooktopMicrowave (B/I)Washer &/Or Dryer
  • Flooring: LaminateLinoleumCarpet
  • Heating: BaseboardNatural Gas

This listing courtesy of Real Broker Wasilla

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

O'Malley Elementary School

11100 Rockridge Dr, Anchorage, AK, 99516

Grades PK-6

0.67 miles away

H

Hanshew Middle School

10121 Lake Otis Pkwy, Anchorage, AK, 99507

Grades 7-8

2.75 miles away

S

Service High School

5577 Abbott Rd, Anchorage, AK, 99507

Grades 9-12

1.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing