7 months on rocket

5619 N Tongass Hwy, Ketchikan, AK, 99901

$2,750,000

2.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
ViewBay, City Lights, Mountain(s), Ocean
MLS #24-4587
Lot Size2.00 Acres
StatusActive

About 5619 N Tongass Hwy

Rare large tract of Ketchikan patented tidelands property with infinite possibilities. West facing property with excellent sunlight throughout the day and phenomenal sunsets at night. This property would lend itself to the development of high-end condominiums with the possibility of boat moorage for discerning buyers searching for sunset views and a place to moor their yacht. Property could as easily be developed into a commercial fishing lodge with room to moor boats right in front of the property. Additional tide land lease is available through Alaska DNR. With over 500 lineal feet of beach frontage there is no other property in this market that offers this kind of potential. Alternatively, this site can be developed into a marine industrial park to accommodate a tank farm for petroleum products, a boat haul-out area, or even a container freight facility. With easy marine access to your front door fuel and/or freight barges can land and disembark cargo or fuel to your facility. The property's strategic location at mile 5.5 on N. Tongass Highway offers convenience to downtown Ketchikan while avoiding the congestion associated with tourist traffica significant advantage for both residents and businesses. The development possibilities for this site are only limited by one's imagination. It's an exciting prospect for investors and developers looking to capitalize on the natural beauty and strategic location of Ketchikan's waterfront.

Property Details

Property Features

Listing Office:

  • Office Name: Coastal Keller Williams Realty Alaska Group
  • Office Phone: (907) 247-5811

Exterior Features

Exterior Information:

  • View: Bay, City Lights, Mountain(s), Ocean

Lot Features

Lot Information:

  • Lot Size: 2.00 Acres

Other

Directions Information:

  • Directions: Mile 5.5 N Tongass Highway

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,750,000
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Housing Market Comparison

See how this home compares to others in Ketchikan, AK.

Med. List Price

$450K

Med. Price/SqFt

$203

Avg. Days On Market

122

# of Sold Homes

6

5619 N Tongass Hwy vs Ketchikan

236 DAYS ON ROCKET

+114 Days

$2,750,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median List Price in Ketchikan, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-4587

Listing Office:

  • Office Name: Coastal Keller Williams Realty Alaska Group
  • Office Phone: (907) 247-5811

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-794659
3
/10
  • Houghtaling Elementary School

  • 2940 Baranof Ave

  • 3.08 miles

  • Public District Grades PK-6

school-card-donut-794660
6
/10
  • Tongass School of Arts and Sciences Charter School

  • 410 Schoenbar Rd

  • 4.68 miles

  • Public Charter Grades PK-6

school-card-donut-794661
6
/10
  • Point Higgins School

  • 981 N Point Higgins Rd

  • 6.57 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,625. Residents of Ketchikan, AK typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5619 N Tongass Hwy

What is the listing price of this property?

The listing price of 5619 N Tongass Hwy property is $2,750,000.

What type of property is this?

The property 5619 N Tongass Hwy is land located in Ketchikan, Alaska, 99901.

Is this property for sale now?

Active Listing: 5619 N Tongass Hwy is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5619 N Tongass Hwy is 2.00 acres.
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Rocket HomesAlaskaKetchikan Gateway CountyKetchikan999015619 N Tongass Hwy

This home is located at 5619 N Tongass Hwy in Ketchikan, AK and zip code 99901. This home sits on a 2.00 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $2,750,000.

The number of listings in Ketchikan, AK decreased by 28.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $450,000, while the average time on the real estate market was 122 days.

From Rocket Homes Real Estate and based on county public records data.

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