22.15 ACRES W/ VIEWS OF ORCA INLET – IDEAL FOR DEVELOPER IN DOWNTOWN CORDOVA, ALASKA

Great Real Estate Opportunity For An Investor or Developer

New 2 Story Bay View Home Under Construction Plus Existing 2 Bedroom Home & Shop

Adjacent to State Land and Mt. Eyak Ski Area

Famous Copper River Salmon Fishery Minutes Away

Street Address

100 First Street, Cordova, Alaska 99574

This property is located at the Northern end of downtown Cordova, across from Copper River Seafood docks and the Alaska State Ferry docks.

Legal Address

U.S. Survey 829 and Copper River Seafood lot 9A Cordova, Alaska

Tax ID Number

02-060-900 and 02-053-509

Annual Real Estate Taxes

$8,500

Parcel Size

22.15 acres or 921,294 Square Feet. This property is currently subdivided into two (2) parcels

U.S Survey 829 – 22.013 acres or 958,886 square feet.

Copper River Seafood Sub Lot 9A – .137 acres or 5,954 square feet at the entrance to the property.

Utilities

Under ground Telephone, Electric, Cable, private dam/water system from fresh water creek on property, private septic system connected to the 2 bedroom home. Seller is planning to connect the new two story home with city water and sewer.

Zoning

Currently zoned R Medium Density Residence District and R Low Density Residence District but seller says this can be converted to commercial If buyer needs to change the zoning for a different use.

Property has no covenants and restrictions.

No Home Owners Association

Improvements

Two story home 1,000 sq. ft., 2 bedrooms and laundry on upper level, kitchen, bathroom and living area main level w/ deck, stainless steel appliances, built in 2015 & 2016, 2X6 wood frame construction, metal roof, wood stove for heat, propane for kitchen stove, dryer & instant hot water heater. Seller has subdivide and can sell this home separately with owner financing.

New two story home is currently under construction (2019) 2,840 sq. ft, 40′ X 36′ on each level, with 180 degree ocean view, on concrete pilings, deck around all four sides, siding and metal roof are on, electrical is already roughed in, seller is planning to connect to the city septic and water systems. Seller is willing subdivide and sell this new home unfinished or will complete the interior to buyer specifications. The shop building could be included if buyer wants that also.

Shop building – Metal shop building 32’X52′ or 1,664 square feet built in 2010, concrete floor w/ wood stove.

Cabin –

Multiple Building Sites – roads are in, underground utilities with multiple established building sites ready to build on.

Comments

This property is located right in the downtown area and across from the docks for the Alaska Ferry system. Prime location to develop residential building lots as the city of Cordova grows.  This property is ready to subdivide into a large subdivision with roads and utilities already in place. The undeveloped areas on this property has old growth timber. Adjacent and above this property is a Ski Resort. Seller is willing to subdivide into lots and sell individually either or both of the homes on this property including the shop/warehouse building. Seller is continuing to complete the new two story home and the sale price will increase as the construction is progressing.

Features:

Seller willing to subdivide and sell homes individually

Owner Financing available

Seclusion with Views overlooking Orca Inlet

Several building pads already to developed

Under ground utilities

Fresh water creek w/ dam for private water supply or connect to city utilities

Rare Large parcel in the city of Cordova

Location of the famous Copper River Salmon Fishery

Excellent hunting and fishing in this area

You can ski directly to this property from Mt. Eyak Ski Area

Alaska Statewide Multiple Listing Number-

Sale Price

Reduced Sale Price $3,000,000 cash or owner financing is available.,

Photos & Maps