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9637 N Buckingham Palace Rd, Willow, AK, 99688

1beds
1baths
864sqft
$650,000
$752price/sqft
$4,891/moest. monthly cost
$195,640/yrincome needed

About This Home

Rare opportunity on sought-after Nancy Lake! This 3.38-acre estate-size parcel offers over 300 feet of waterfront and stunning mountain views, creating the perfect backdrop for your Alaska dream. structures on Property include a 1 bed/1 bath home, finished cabin( next to lake currently not hooked to well or septic) 8x10 cabin with loft has been used as office. Plus a cleared pad.Ready for your custom build. Five RV sites provide flexibility for guests or income potential, with three already equipped with power and water. Additional 2-bedroom log guest house (not on foundation) adds even more versatility and possibility. Seller is offering owner financing with 25% down, $4,278/month at 10% interest, 2-year call (OAC). Endless potential--private retreat, investment, or legacy property. Can access property by road or floatplane.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

10/10
Willow Elementary SchoolGrades PK-51.1 mi
4/10
Houston Middle SchoolGrades 6-812.9 mi
4/10
Houston High SchoolGrades 9-1212.8 mi

Construction

Condition

  • Year built: 2019

Materials

  • Foundation: Unknown - BTV

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Oil,Unknown

Interior Area

  • Total structure area: 864
  • Total interior livable area: 864 sqft

Property

Details

  • Parcel number: 8503000L002
  • Zoning: UNZ
  • Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston

Features

  • Has view: Yes
  • View description: Lake,Mountain(s),Unobstructed
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Waterfront,Lake Front,Lake Privileges,Motorized
  • Waterbody name: Nancy Lake
  • Topography of land: Gently Rolling,Level

Lot

  • Lot size: 3.38 Acres
  • Features: Cul-De-Sac,Views

Parking

  • Parking features: RV Access/Parking,No Garage,No Carport

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

  • Avalanche
    AvalancheVery High
  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Wildfire
    WildfireRelatively High
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Cold Wave
Wildfire
Landslide

FEMA Declared Disasters in Matanuska-Susitna Borough and Alaska

Flood
Mud Landslide
Other
Severe Storm

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

MonthlyAnnual
Mortgage $3,286$39,432
Home Insurance $338$4,056
Property Taxes $949$11,388
Electricity $318$3,820
Total$4,891$58,692

Income You'd Need if You Spent...

35% on housing$167,691/yr
40% on housing$146,730/yr
45% on housing$130,426/yr

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.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$752This listing

vs Other Active Listings

Avg $/sqft

ZIP 99688$181
Matanuska-Susitna Borough$207

vs Homes Sold Last Month

Median $/sqft

ZIP 99688$214
Matanuska-Susitna Borough$241

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

DateEventPrice
2026-05-06Listed for sale$650,000
2025-07-09Listing removed$699,900
2025-06-07Listed for sale$699,900

For Sale by Agent

AgentKibe Lucas
BrokerageThe Kibe Lucas Team Keller Williams Alaska Advisors

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