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Mile 11.1 Edgerton Highway
Copper Center, AK 99573
$885,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2432
Property Description
Amazing 60 acre parcel with views of the Chugach and Wrangell mountains. 3 bedrooms, 3 baths, 2432 Barn Style house with spacious master suite including a kitchen, full bath and sunroom on the 2nd level to maximize the amazing mountain views. Main level boasts a spacious living room, dining and newly remodeled kitchen that opens to a huge deck on the mountain side of the house. 2 downstairs bedrooms, one with hot tub. Arctic entry, 14'x100' deck to enjoy back yard bar b ques, Radiant Floor Heat, Indoor Oil Boiler - Toyo Stove (Oil) With 300 Gallon Oil Tank, Outdoor Gasification Central Boiler Wood Boiler + Older Style Central Boiler, Wood Boiler and Central Boiler Pellet Boiler, Access to Ample Supplies of Firewood on Property, State Certified Septic System, 1,100-gallon water tank (under house) Pressurized Water System, Hot tub, Newly remodeled kitchen and living room. Outside also has a Food Shack: a 30x30 structure that was used for serving food for the music festival or hosting large parties. It has electricity, a bar with storage, and is in good condition. It could continue to be used to host gatherings or remodeled into a small (tiny) home. Outhouses: There are 4 outhouses located near the food shack. Each consists of 2 55-gallon drums welded together sunk into the ground. Great for parties to reduce traffic in the house or would serve as backup. Stage: The stage is in poor condition. It could be rehabbed or torn down to make room for a house or barn. It has electricity and a great view of the mountains. There is a small house on the property that has electric, phone, a water system (700-gallon tank) and small septic system. It consists of a 10x50 2-bedroom, with mobile home that was remodeled and expanded with living room, green house, front porch, storage building and outhouse. Could be a great rental! Property is completely private and and surrounded by forest and mountain views! Boarders: Edgerton Highway to the North, private land to the east and west and BLM to the south with a path along the property line leading all the way to the bluff overlooking the Tonsina river. 62.3 acres - approx. 10 acres cleared - remainder mostly wooded with some thinning to reduce risk of wildfire and provide walking trails. Utilities Electric: Copper Valley Electric Association - rates are very low for about half of the year when the utility is using hydro power and gets more expensive when diesel generators are used. The main house has a whole house, propane generator (Generac) for back up. Internet: Copper Valley Telephone - High speed cable has been run to the home and will be available summer 2023 Water: No well has ever been drilled on the property so the potential of potable water is unknown - potable water is hauled from community well (5 miles) and gravity drained to an 1,100 tank under the house. Note: There is a natural dip in the land before water runs down to the bluff. We dug a small pond was dug about 10 years ago near the house - the pond consistently holds water and could be enlarged to capture ground water for multiple uses. Septic: the main house has a state approved septic system that has never frozen or backed up.
Property Information
Lot Size
60 acre(s) square ft
Property Type
Residential
Year Built
2006
MLS Number
24-1625
Location
Address
Mile 11.1 Edgerton Highway
City
Copper Center
State
AK
Zip Code
99573
County
VALDEZ-CORDOVA
Listing
Provider
RE/MAX Dynamic Properties, original listing
Name
RE/MAX Dynamic Properties
Phone
(907) 261-7616
Office Name
RE/MAX Dynamic Properties
Office Phone
(907) 865-4700
Agent Name
Lori Leahy

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.