MLS Listing: 4610/4614 Lake Spenard Dr, Anchorage, AK

Price: $999,999
Property Type: Mixed-Use (Residential/Commercial) - Aviation Business Ready
Lot Size: ~2.5 Acres
Location: Lake Hood Seaplane Base, Anchorage, AK 99502
MLS ID: [To Be Assigned]

Description

Unlock a premier investment opportunity at Lake Hood Seaplane Base, the world’s busiest seaplane hub! This exceptional 2.5-acre mixed-use property at 4610/4614 Lake Spenard Dr is tailor-made for an owner/operator of an aviation company, seamlessly blending operational utility with robust income potential in Anchorage’s vibrant Spenard neighborhood. Featuring 13 private float slips, a Log House (2-bed/1.5-bath, ~1,308 sq ft), a Log Cabin (~900 sq ft studio/office), a Detached Garage, and a Garden Shed, this property is perfect for launching or expanding a seaplane business, maintenance operation, or flight school.

Property Highlights

• 13 Float Slips: Premium slips for fleet operations or rental at $880/month (including $130 pass-through) for 6 months (May–October), capitalizing on 20+ year state waitlists. Potential for winter storage income (subject to lease).

• Log House: ~1,308 sq ft, 2-bed/1.5-bath home (per owner, buyer to verify), ideal as an owner residence, staff housing, or high-end rental at ~$2,500/mo.

• Log Cabin: ~900 sq ft convertible studio or office (per owner, buyer to verify), perfect for a business headquarters, maintenance shop, or rental at ~$1,500/mo.

• Detached Garage & Garden Shed: Garage for equipment/parts storage, aircraft prep, or winter storage; shed for tools/supplies. Conversion potential (subject to lease/zoning). Sizes TBD.

• Location: Just minutes from Ted Stevens Anchorage International Airport, Spenard’s dining and shopping, and scenic trails. Zoned for mixed-use, enhancing aviation business flexibility.

• Income Potential: Estimated gross income of $116,640 ($68,640 from slips, $30,000 from Log House, $18,000 from Log Cabin). Assessed value $854,000; listed at $999,999. This scenario applies to the lease potential - not accounting for owner operator

Additional Details

• Lease Information: Subject to ADOT&PF ground lease ($24,480/yr land, $20,280/yr slips). No tax assessment to lessee per muni.org; buyer to verify terms (ADA-32133) and Article III(C) reservations.

• Utilities & Maintenance: Estimated $4,000/yr insurance, $5,000/yr maintenance (additional operational costs may apply).

• Investment Notes: Seasonal slip income enhances operational use. Explore winter storage, expanded services, or business revenue streams for added value.

• Operational Suitability: Designed for aviation company owner/operators, offering direct slip access, flexible spaces, and a prime Lake Hood location for business growth.

Why Invest?

Own a fully equipped aviation business hub with substantial operational and income potential. The scarce Lake Hood slips, assessed value ($854,000), and strategic location provide unmatched value for an owner/operator looking to establish or expand in Alaska’s aviation market.

Contact: Schedule a showing to explore this aviation-ready investment! Buyer to verify square footage, lease terms, assessed value details, and zoning. Act now to secure Anchorage’s premier aviation asset.