000 Colt Is Juneau, AK 99801
Colt Island, located in Juneau, Alaska, presents a unique opportunity to acquire 115.3 acres of pristine land. This exceptional property, offered at $1,789,000, is comprised of 107 subdivided lots, six additional tracts, and two access areas. Situated approximately 100 feet above sea level, the island boasts stunning ocean and mountain views. The mostly vacant land offers a blank canvas for a variety of development possibilities. Imagine creating a private island resort with numerous beach cabins, generating substantial income potential. Alternatively, the property could be developed into a luxurious fishing and hunting lodge, or even several exclusive private estates. The island's natural beauty provides ample opportunities for recreational activities, including trail riding, beachcombing, and exceptional fishing. Its convenient location, a short boat ride from Juneau, and easy flight from Seattle, enhances its appeal as a prime investment or a remarkable personal retreat. The established lots provide a solid foundation for immediate development, while the expansive acreage allows for creative and ambitious projects. This is a truly exceptional opportunity to own a piece of Alaskan paradise.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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