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1151 N Leatherleaf Loop, Wasilla, AK, 99654

4beds
3baths
2,532sqft
$469,900
$186price/sqft
$3,414/moest. monthly cost
$136,560/yrincome needed

About This Home

For those needing serious storage or workspace, the standout feature of this property is the 32x32 detached shop with a 14x14 overhead door. It is plumbed for in-floor heat and ready to finish to your specifications. Paired with the attached 2-car garage, this property offers exceptional space for vehicles, equipment, or hobbies. This 2,532 sq ft home offers a comfortable, well-proportioned layoutwith 4 bedrooms and 2.75 baths, plenty of room to spread out without feeling oversized. Large windows throughout let in plenty of natural light and look out over the surrounding trees on this wooded lot. The kitchen has been updated with white cabinetry, dark countertops, subway tile backsplash, and stainless steel appliances, including a gas range. A peninsula with bar seating opens to the dining area, which leads out to the back deck through sliding glass doors. The living room centers around a stone wood-burning fireplace. Upstairs, the primary suite includes a en-suite bath with a tiled walk-in shower. The additional bedrooms are spacious and comfortable. Downstairs, a large flex space adds even more livable square footage -- use it as a family room, home office, gym, or whatever suits your needs. Features: -2,532 sq ft | 4 bed / 2.75 bath -- comfortable, livable floor plan -2-car attached garage -32x32 detached shop, 14x14 OH door, plumbed for in-floor heat (rough-in stage) -Updated kitchen with stainless appliances -Lower-level flex space adds extra living area -Wooded, sloped lot with privacy

Getting Around

24
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
6/10
Wasilla Middle SchoolGrades 6-80.8 mi
6/10
Wasilla High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Features

  • Basement,BR/BA on Main Level,BR/BA Primary on Main Level,Den &/Or Office,Storage
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total structure area: 2,532
  • Total interior livable area: 2,532 sqft

Property

Details

  • Parcel number: 1192B02L002
  • Zoning: UNZ
  • Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston

Features

  • Levels: Split Entry
  • Patio & porch: Deck/Patio
  • Exterior features: Private Yard
  • Fencing: Fenced
  • Waterfront features: None,No Access

Lot

  • Lot size: 1.19 Acres
  • Features: Covenant/Restriction

Parking

  • Total spaces: 4
  • Parking features: RV Access/Parking,Attached,Detached,Heated Garage,No Carport
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Lightning
Wildfire

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 $2,376$28,512
Home Insurance $153$1,836
Property Taxes $463$5,556
Electricity $422$5,064
Total$3,414$40,968

Income You'd Need if You Spent...

35% on housing$117,051/yr
40% on housing$102,420/yr
45% on housing$91,040/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

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 99654$245
Matanuska-Susitna Borough$208

vs Homes Sold Last Month

Median $/sqft

ZIP 99654$256
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
2026-08-05Pending sale$469,900
2026-07-03Listed for sale$469,900
2024-10-19Listing removed$379,000
2022-07-16Sold--
2022-05-22Pending sale$399,000
2022-05-19Listed for sale$399,000
2021-11-23Listing removed--
2021-11-19Listed for sale$379,000
2016-06-20Sold--
2016-03-30Pending sale$209,900
2016-03-15Listed for sale$209,900
2013-02-27Sold--
2012-12-21Listed for sale$185,000

For Sale by Agent

AgentReginald E Carney
BrokerageArk Realty

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