Tips on Selling Alaska Lakefront Property

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Tips on Selling Alaska Lakefront Property
By

Bart Waldon

A pristine lake reflecting snow-capped mountains, the call of a loon echoing across the water, and the rustic charm of a lakeside cabin. This isn't just a postcard image – it's the reality of owning lakefront property in Alaska. But when it comes time to sell, how do you capture that magic for potential buyers?

Let's dive into the nitty-gritty of selling lakefront property in the Last Frontier. With over 3 million lakes covering a whopping 14% of the state, Alaska's no slouch in the waterfront real estate department. The Alaska Department of Natural Resources puts it at about 3,197,000 acres of lakes – that's a lot of shoreline! And with the state's population creeping up by 3.3% between 2010 and 2020 (thanks, U.S. Census Bureau), there's a growing pool of folks looking for their slice of Alaskan paradise.

But here's the thing – selling land in Alaska isn't like selling a condo in Miami. It's a whole different ballgame, and you need to know the rules to play. So, grab a cup of coffee (or better yet, a thermos – we might be here a while), and let's talk strategy.

The Lay of the Land: Understanding Alaska's Lakefront Market

First things first – let's get real about the Alaskan land market. It's about as predictable as the weather during breakup season. One minute you're cruising, the next you're stuck in the mud. Factors like location, accessibility, and whether there's a decent place to land a floatplane can make or break a sale.

Hot spots like the Mat-Su Valley, Kenai Peninsula, and anywhere within spittin' distance of Anchorage tend to draw more interest. But don't count out those remote gems – some folks are looking for exactly that "middle of nowhere" vibe.

Now, let's roll up our sleeves and get into the good stuff.

Timing Is Everything (Except When It's Not)

In Alaska, trying to sell lakefront property in the dead of winter is like trying to sell ice to an Eskimo – possible, but not exactly easy. Your best bet? Aim for that sweet spot between late spring and early fall. That's when the lakes are ice-free, the wildflowers are blooming, and buyers can actually imagine themselves sipping coffee on the dock without freezing their tushes off.

But here's a pro tip: don't completely write off the winter months. Sure, it might be harder to show the property, but a snow-covered lake has its own kind of magic. Plus, winter buyers tend to be serious buyers. They're not just tire-kicking – they're ready to make moves.

Show Off Those Unique Features (Bragging Rights Encouraged)

Alaskan lakefront properties aren't your run-of-the-mill real estate. You've got features that lower 48 folks can only dream about. We're talking:

  • Private docks that would make a yacht club jealous
  • Views that belong on a magazine cover
  • Fishing that'll ruin you for anywhere else
  • Wildlife watching that beats any zoo hands down
  • Off-grid potential for the apocalypse preppers (or just folks who like their privacy)

Don't be shy about these selling points. They're your property's superpowers – use them!

Pictures Are Worth a Thousand Words (And Maybe a Few Thousand Dollars)

In the age of online listings, your photos need to do some heavy lifting. Invest in professional photography and videography. And for the love of sourdough, get some drone footage! Nothing sells a lakefront property like a bird's eye view of that gorgeous shoreline.

Remember, for out-of-state buyers, these images might be their first and only impression before they decide to hop on a plane. Make them count.

Address the "But How Do I Get There?" Question

Accessibility is a big deal for Alaska properties. Be ready to spill the beans on:

  • Road access (Is it year-round, or do they need a snowmobile for winter?)
  • Nearest towns (Where's the closest place to grab a gallon of milk?)
  • Airport proximity (For when the in-laws visit)
  • Winter maintenance (Who's plowing that driveway when it's 20 below?)

Tackling these head-on can save you a lot of back-and-forth later.

Water Rights: Not Just for Fish

Water rights in Alaska can be trickier than navigating a shallow river in a flat-bottom boat. Make sure you've got a handle on what rights come with your property, and be ready to explain it in plain English. Buyers will want to know if they can fish, boat, or just dip their toes in without any legal headaches.

The Environmental Lowdown

Selling lakefront property means being ready to talk about some uniquely Alaskan issues:

  • Shoreline erosion (Is the land pulling a disappearing act?)
  • Flood risks (Does spring breakup turn the yard into a swimming pool?)
  • Local wildlife (Are the bears more like neighbors or nuisances?)
  • Septic systems and water quality (Because nobody wants to drink their neighbor's... you get the idea)

Being upfront about these things isn't just honest – it's smart business.

Share the Local Scoop

You've lived there. You know the hidden gems, the best fishing spots, the neighbors to befriend (and maybe the ones to avoid). Share that insider knowledge. It helps buyers see themselves as part of the community, not just owners of a piece of land.

Price It Right (But Don't Sell Yourself Short)

Pricing lakefront property in Alaska is more art than science. Too high, and you'll be hosting lonely open houses. Too low, and you might kick yourself later. Do your homework on comparable sales, and consider chatting with a real estate pro who knows lakefront properties like the back of their hand.

Marketing: Go Big or Go Home

Selling land takes work – sometimes a lot of it. If you're not up for becoming a part-time marketing guru, think about teaming up with a real estate agent who specializes in lakefront properties. They've got the network and know-how to get your property in front of the right eyeballs.

Patience Is a Virtue (And Sometimes a Necessity)

Here's the hard truth: selling land in Alaska can take time. Like, a lot of time. We're talking 1-2 years on average. It's not uncommon for a property to sit on the market longer than you'd like. Stay flexible, be open to negotiations, and remember – the right buyer is out there.

The Fast Track Option

If waiting around isn't your style, or you need to sell quickly for whatever reason, there's always the option of selling to a land buying company. Outfits like Land Boss specialize in buying land directly, often with cash offers. Sure, you might not get top dollar, but you'll get a quick, hassle-free sale. It's all about what works best for your situation.

Final Thoughts

Selling lakefront property in Alaska isn't for the faint of heart. It takes patience, strategy, and sometimes a healthy sense of humor. But with the right approach, you can turn that slice of Alaskan heaven into a successful sale.

Remember, you're not just selling land – you're selling a lifestyle, a dream, a piece of the Last Frontier. Whether your buyer is a nature enthusiast, a family looking for adventure, or an investor with an eye for potential, your property has a story to tell. Your job is to tell it well.

So, polish up that "For Sale" sign, get your ducks in a row (or your loons, as the case may be), and get ready to make someone's Alaskan dream come true. Who knows? You might even have some fun along the way.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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