Rare investment opportunity awaits on this expansive 1.36-acre hillside parcel at 18734 Diana Circle, Chugiak. Offered significantly below tax assessed value, this premium property is perfect for a skilled builder or investor ready to unlock its tremendous potential.Enjoy stunning mountain and inlet views adjacent to the pristine beauty of Chugiak State Park. The existing gravel pad and roughed-in driveway provide a substantial head-start on site development. Located within a desirable neighborhood featuring well-built homes, this parcel ensures both privacy and convenience, with easy commuter access to Anchorage and the Mat-Su Valley. Seize this unique chance to craft a remarkable residence or lucrative development in a highly coveted area. Bring your vision and transform this exceptional property into your masterpiece!
Pending
Price cut: $5K (7/30)
$32,000
18734 Diana Cir, Chugiak, AK 99567
--beds
--baths
1.36Acres
Est.:
Unimproved Land
Built in ----
1.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Privacy and convenience
- 76 days
- on Zillow |
- 663 |
- 37 |
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 02:28pm
Listed by:
Billy Hughes,
Real Broker B Street,
Justin Milette,
Real Broker B Street
Source: AKMLS,MLS#: 25-6203

Travel times
Facts & features
Interior
Features
- Has basement: No
Property
Features
- Has view: Yes
- View description: Inlet, Mountain(s)
- Has water view: Yes
- Water view: Inlet
- Waterfront features: No Access, None
Lot
- Size: 1.36 Acres
- Topography: Sloping
Details
- Parcel number: 0515110400001
- Zoning: CE-R-6
- Zoning description: Low-Density Residential
Community & HOA
Location
- Region: Chugiak
Financial & listing details
- Annual tax amount: $1,038
- Date on market: 5/27/2025
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