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    Alaskan Homestead & Tiny Home Village Title is generated by Realmo AI

    60.5 Tok Cutt Off Highway, Slana, AK 99586

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    For Sale
    $660,000

    Multi-Unit (5+) - Slana, AK

    Property size:
    4,505 SF
    Lot size:
    13.80 Acres
    Price / SF:
    $146/SF
    Added:
    May 31, 2025
    Days on Market:
    352
    Last Refresh:
    May 17 at 8:06 am

    Property Features for 60.5 Tok Cutt Off Highway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    9
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Parking features
    Garage
    Standard status
    Active
    Size
    4,505 SF
    Lot size
    13.80 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Year built
    1999
    Year renovated
    1999
    Floors in Building
    2
    Architectural style
    Other

    We can help!

    Listing Contact
    Tom Lucas

    Listing agent Tom Lucas

    Listing office Mossy Oak Properties Alaska LLC 2901 E Bogard #102, Wasilla, AK

    Listing date May 31, 2025

    MLS# 11508504 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 13.782‑acre Alaskan homestead featuring 22 buildings and 14,500 sq ft under roof, including a 3,000 sq ft log home.
    • Potential Airbnb income with a developed tiny home village of 5 units and a 1,444 sq ft community center.
    • Fully functional network of buildings including garages, shops, meat processing space, greenhouses, and storage.
    • Self‑sufficient infrastructure with two private wells, nine septic systems, heated water systems, and extensive storage.
    • Accessible location on the road system offers convenient access from Anchorage and Fairbanks, surrounded by forest and wildlife.
    • No known zoning restrictions provide flexibility for various uses, including living, building, and business ventures.

    Overview

    This 13.8-acre property near Slana, Alaska, is developed as a homestead and tiny home village, featuring 22 buildings with 14,500 square feet under roof. The property includes a 3,000 square foot handcrafted log home with three bedrooms, three bathrooms, a spacious arctic entry, a walk-in closet, and a screened-in porch. The home has a wood-burning stove, a greenhouse added in 2018, and an attached two-car garage with office space and a lean-to. The property also features a barn, a meat processing facility, a wood shop, an auto shop, tool sheds, a pantry, a carport, and three Conex units. Two heated and insulated water buildings house 1,000-gallon tanks each. The property operates on two private wells and includes nine septic systems. DSL and fiber optic internet are installed, and heating is provided by Toyo oil stoves and wood stoves. The property includes five elevated 265 square foot tiny homes and a 1,444 square foot community center with a skylight entry, covered deck, tiled patio with outdoor fireplace, and showers. The property is accessible from Anchorage and Fairbanks and is surrounded by forest and wildlife. The property is suitable for Airbnb-style rentals, group retreats, weddings, or church gatherings.
    Location Intelligence

    Current Use by Public Records

    Bed & breakfasts

    Map

    City
    Slana
    County
    Valdez-Cordova
    State
    Alaska
    Longitude
    -143.163
    Latitude
    62.4028

    FAQs

    What type of property is this?
    Bed & breakfast - 13.8-acre homestead with log home, tiny homes, and community center.
    Where is this bed & breakfast located?
    The property is located at 60.5 Tok Cutt Off Highway Slana, AK.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: 13.782‑acre Alaskan homestead featuring **22 buildings and 14,500 sq ft under roof, including a 3,000 sq ft log home**.; Potential Airbnb income with a developed tiny home village of 5 units and a 1,444 sq ft community center.; Fully functional network of buildings including garages, shops, meat processing space, greenhouses, and storage.
    (907) 357-5100
    We can help!
    Listing Contact
    Tom Lucas
    Real Estate License ID: RECA17995
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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