HOME + LOT ORIENTATION
Sun direction at the reviewed home footprint
- Sun direction
- 209.3° · SSW
- Sun angle
- 32.9°
- Modeled state
- direct sun at the modeled home point
1 / 82Wasilla AK 99623
Settlers Bay 1
Herrington and Company, LLC
6
Bedrooms
4
Bathrooms
4,403
Sq Ft
1998
Year Built
MLS# 26-6894· Listed Jun 11, 2026
Live MLS feedPerched on the bluff with breathtaking, unobstructed mountain views, this thoughtfully updated 4,200+ square foot multi-level masterpiece offers an extraordinary combination of space, beauty, and versatility. Currently operating as a successful Airbnb business for seven years running, with a potential annual income of approximately $36,000, this turnkey property is as smart an investment as it is a stunning place to call home. From the moment you step inside, the open floor plan draws your eye to soaring windows that frame those stunning mountain views. The expansive deck just beyond is a seamless extension of the living space, equally perfect for morning coffee, outdoor dining, or simply soaking in the scenery. The updated kitchen is ready for everything from relaxed family breakfasts to effortless entertaining, while the formal dining room sets the stage for memorable gatherings. The gorgeous wood stove anchors the living area with a warmth and charm that makes this home truly feel like a sanctuary. The primary suite, located on the main floor, is nothing short of spectacular, offering waking views of the mountains and a gorgeous spa-like updated bathroom. Five bedrooms and three full bathrooms span across multiple levels, offering every comfort a growing or multi-generational family could ask for. A generous loft above the garage adds even more possibility as a home office, creative studio, playroom, or guest overflow space. Downstairs, the walk-out lower level is where flexibility truly shines. Currently generating $250 per night or $2,200 per month as a highly rated Airbnb, this self-contained space features two bedrooms, a kitchenette, a full bathroom, a large family room, and a generous flex space with abundant storage. The attached mother-in-law suite, with its own private entrance, offers yet another income stream at $150 per night or $1,300 per month, or serves beautifully as a private haven for extended family. Two of the upper-level bedrooms have been successfully rented on Furnished Finder at $800 per month, per room. Whether you continue the thriving rental business, transition to long-term tenants, or simply enjoy the entire home as your own private retreat, the financial flexibility this property offers is truly rare. A brand new roof means you can move in with peace of mind, and the beautiful one-acre lot is complemented by two additional acre lots, available for separate purchase, for those craving even more space to breathe. Mature trees frame the property with a sense of seclusion and privacy, while leaving the sweeping mountain vistas completely unobstructed, a rare and coveted combination. Multiple decks invite you to take in those "stop you in your tracks" mountain views, making the outdoors just as livable as the beautifully appointed interior. Opportunities like this don't come along often. Call today to set up your private showing.
TERRAIN-AWARE SUNLIGHT
Not MLS DataA property-specific preview based on the reviewed home footprint and surrounding bare-earth terrain.
HOME + LOT ORIENTATION
Sun clears the modeled terrain horizon by 32.9 degrees.
Current modeled clearance: 32.9° relative to the terrain skyline.
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Listed by: Heidi S Mobley · Herrington and Company, LLC

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3 documents from current & prior listings · parcel #6611B01L013.
Summary of 3 documents analyzed from this property's current and prior listings. 0 items worth reviewing, plus 22 additional facts captured.
We review the disclosures, inspections, survey, and past listings — and flag what's easy to miss, especially what changed since the home last sold.
The seller reports average monthly utility costs of $350 for Electric, $300 for Gas, and $30 for Refuse.
Source: Property Disclosure · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
What are the most important things a buyer should know about this property from the documents?
The property at 4941 S Outrigger Drive is a single-family wood frame home with a private septic system and well, and it is subject to the Settlers Bay homeowners association with annual dues of $125.
“Property Type: Single Occupancy: Currently occupied by seller for 12 years. Construction: Wood Frame... Sewer: Type: Private, Septic Tank, Age: 12, Location: back yard Water Supply: Type: Private Well... HOA: Exists: Yes, Name: Settlers Bay, Dues: $125 per year”
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