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2804 W Discovery Loop, Wasilla, AK, 99654

5beds
4baths
5,024sqft
$774,500
$154price/sqft
$5,805/moest. monthly cost
$232,200/yrincome needed

About This Home

Nestled in the desirable serendipity Hills subdivision, this spacious 5-bedroom, 4-bath home offers the perfect blend of comfort, functionality and a timeless design on 1.41 beautifully landscaped acres. From the moment you enter, you'll be welcomed by a dramatic vaulted entryway, a stunning open staircase and an elegant catwalk overlooking the main living space, all enhanced by large windows...that fill the home with natural light. Designed for both everyday living and entertaining, the main level features a formal dining room with a convenient wet bar area, an open concept kitchen with gas cooktop, panty, breakfast nook, and refrigerator included. Plus, a warm and inviting living room centered around a natural gas fireplace. A main floor bedroom and full bath provide an ideal setup for guests or multi-generational living. The spacious utility room adds extra convenience. Upstairs, the vaulted primary suite offers a relaxing retreat with a walk-in closet and luxurious en-suite bath featuring a jacuzzi tub with corner windows, dual sinks, and a large walk-in shower. three additional bedrooms and a full bath complete the upper level. The daylight basement, thoughtfully finished in 2023 expands the living space with an additional bedroom, full bath, and a large open family room or play area, along with abundant storage throughout the home. A new (May 2026) forced-air furnace adds comfort and efficiency. Outdoor living is just as impressive with durable Trex decks in both the front and back, including a rear deck off the kitchen area. Perfect for relaxing or entertaining while enjoying the open and wooded backyard setting. The property also includes a paved driveway, heated 3-car garage, 5-bedroom septic system, and ample room for gardening in the raised beds. The yard space on this property is absolutely incredible and is perfect for large gatherings on warm summer days. The natural woods beyond the landscaping is an added treat with a treehouse and all the hiding spaces you can dream of for fun games like hide and seek. Conveniently located close to schools, this exceptional property combines privacy, space, and thoughtful amenities in a highly sought-after neighborhood. Appliances will stay. There are two windows that will be replaced in the next few weeks. This home can function like a 6 bedroom home but the septic is only rated for 5 bedrooms.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

6/10
Tanaina Elementary SchoolGrades PK-51.4 mi
6/10
Wasilla Middle SchoolGrades 6-82.8 mi
9/10

Construction

Condition

  • Year built: 2006

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
  • Construction materials: Wood Frame - 2x6,Wood Siding

Notable Dates

  • Major remodel year: 2023

Type & Style

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

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Basement,BR/BA on Main Level,Family Room,Laminate Counters,Vaulted Ceiling(s),Wet Bar,Storage
  • Flooring: Carpet,Laminate,Linoleum
  • Fireplace features: Gas,Fire Pit
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Fireplace(s),Forced Air,Natural Gas

Interior Area

  • Total structure area: 5,024
  • Total interior livable area: 5,024 sqft

Property

Details

  • Parcel number: 5663B06L022
  • Zoning: UNK
  • Zoning description: Unknown (re: all MSB)

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Has spa: Yes
  • Spa features: Bath
  • Waterfront features: None,No Access
  • Topography of land: Sloping

Lot

  • Lot size: 1.41 Acres
  • Features: Covenant/Restriction,Landscaped

Parking

  • Total spaces: 3
  • Parking features: Garage Door Opener,Paved,Attached,Heated Garage,No Carport
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

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 $3,916$46,992
Home Insurance $252$3,024
Property Taxes $800$9,600
Electricity $837$10,049
Total$5,805$69,660

Income You'd Need if You Spent...

35% on housing$199,028/yr
40% on housing$174,150/yr
45% on housing$154,800/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

$154This listing

vs Other Active Listings

Avg $/sqft

ZIP 99654$246
Matanuska-Susitna Borough$209

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)

Price History

DateEventPrice
2026-06-26Price change$774,500
2026-05-23Listed for sale$799,000
2022-05-03Sold--
2022-03-27Pending sale$669,900
2022-02-28Price change$669,900
2021-09-25Price change$684,999
2021-09-22Listed for sale$699,999
2007-03-02Sold--
2006-07-17Sold--

For Sale by Agent

AgentJesse Tanner
BrokerageTanner Group Premier Real Estate

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