567 Friends Way, Kotzebue, AK, 99752
About This Home
Unique State of Alaska backed lease. This is the State Trooper housing for much of western Alaska. All units are 3 br with 2.5 baths.. Lease term expires in 2038. 2% bumps starting March 2026. Utilities and light maintenance paid by State. Price at 8.8% Capitalization rate. Package available upon request.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2003
Materials
- Foundation: Other
- Construction materials: Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 21
- Bathrooms: 22
- Full bathrooms: 15
Heating
- Heating features: Oil
Interior Area
- Total structure area: 11,568
- Total interior livable area: 11,568 sqft
Property
Details
- Parcel number: 000000111000
- Zoning: UNK
- Zoning description: Unknown
Features
- Waterfront features: No Access,None
Lot
- Lot size: 0.47 Acres
Parking
- Total spaces: 7
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 7
- Covered spaces: 7
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Northwest Arctic Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,169 | $182,028 |
| Home Insurance | $2,294 | $27,528 |
| Property Taxes | $0 | $0 |
| Electricity | $1,928 | $23,140 |
| Total | $19,391 | $232,692 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-21 | Listed for sale | $3,000,000 |
| 2025-12-01 | Listing removed | $3,000,000 |
| 2025-03-11 | Listed for sale | $3,000,000 |
| 2024-07-01 | Listing removed | $3,000,000 |
| 2024-02-09 | Listed for sale | $3,000,000 |
| 2024-01-01 | Listing removed | $3,000,000 |
| 2023-08-18 | Price change | $3,000,000 |
| 2023-04-15 | Listed for sale | $3,200,000 |
| 2023-01-31 | Listing removed | -- |
| 2022-07-06 | Listed for sale | $3,200,000 |
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