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L1 Nancy Knob, Willow, AK, 99688

1beds
0baths
464sqft
$245,000
$528price/sqft
$1,866/moest. monthly cost
$74,640/yrincome needed

About This Home

Discover the beauty and privacy of this 1.75 acre waterfront property on Nancy Lake in Willow. With approximately 390 feet of lake frontage, this exceptional lot offers breathtaking views and plenty of space to enjoy Alaska's outdoors. Located off the road system, this property is accessible by boat or floatplane during the summer and by hiking or snowmachine in the winter,providing a true wilderness retreat while remaining within reach. A recently built, unfinished cabin gives you the opportunity to finish it to your own style and needs. Power is available at the corner of the lot, making future development even more convenient. Whether you're looking for a peaceful weekend getaway, a recreational base camp, or a private cabin on the lake, this property offers endless possibilities. Spend your days fishing, boating, kayaking, watching wildlife, or simply relaxing and taking in the incredible scenery. If you've been dreaming of owning a piece of Alaska, this Nancy Lake property is ready to make that dream a reality. Buyer and Buyer's representative to verify all info herein

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

10/10
Willow Elementary SchoolGrades PK-53.7 mi
4/10
Houston Middle SchoolGrades 6-810.6 mi
4/10
Houston High SchoolGrades 9-1210.5 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Wood Frame - 2x6,Wood Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Flooring: Luxury Vinyl
  • Fireplace features: Fire Pit
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: None

Interior Area

  • Total structure area: 464
  • Total interior livable area: 464 sqft

Property

Details

  • Parcel number: 2162000L001
  • Zoning: UNZ
  • Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston

Features

  • Exterior features: Dock
  • Has view: Yes
  • View description: Lake
  • 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,Hilly

Lot

  • Lot size: 1.75 Acres

Parking

  • Parking features: 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 $1,238$14,856
Home Insurance $127$1,524
Property Taxes $183$2,196
Electricity $318$3,820
Total$1,866$22,392

Income You'd Need if You Spent...

35% on housing$63,977/yr
40% on housing$55,980/yr
45% on housing$49,760/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

$528This listing

vs Other Active Listings

Avg $/sqft

ZIP 99688$193
Matanuska-Susitna Borough$209

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
2026-08-11Price change$215,000
2026-07-01Listed for sale$245,000

For Sale by Agent

AgentJustin D Howington
BrokerageSusitna Valley Realty, LLC

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