This large R2M-zoned lot offers a prime opportunity for multifamily development in a convenient South Anchorage location. Situated near Dimond High School, this level, buildable parcel is ideally positioned near shopping, parks, and major commuting routes. Check 21.06.020 of the Muni code for permitted uses. Seller prefers to sell with adjacent Lot 6, MLS 25-3677.
Sold on 06/13/25
Price Unknown
L5 Arlene St, Anchorage, AK 99502
--beds
--baths
10,018.8Square Feet
Unimproved Land
Built in ----
10,018.8 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 10:03am
Listed by:
Mark Masley,
Realty ONE Group Aurora
Bought with:
Petersen Realty Team
Herrington and Company, LLC
Herrington and Company, LLC
Source: AKMLS,MLS#: 25-3676

Facts & features
Interior
Features
- Has basement: No
Property
Features
- Waterfront features: No Access, None
Lot
- Size: 10,018 sqft
- Dimensions: 75 x 135 x 75 x 135
- Features: Road Service Area
- Topography: Level
Details
- Parcel number: 0123520500001
- Zoning: R2M
- Zoning description: Multi Family Residential
Utilities & green energy
- Utilities for property: Elec - Adj to Site, Nat Gas - Adj Site, Pub Wtr - Adj Site, Sewer - Adj Site
Community & neighborhood
Location
- Region: Anchorage
Other
Other facts
- Road surface type: Paved