5581 N Tongass Highway, Ketchikan, AK 99901
Local realty services provided by:CENTURY 21 Realty Solutions
5581 N Tongass Highway,Ketchikan, AK 99901
$1,460,000
- 8 Beds
- 5 Baths
- 4,938 sq. ft.
- Multi-family
- Active
Listed by: mary wanzer
Office: coastal keller williams realty alaska group
MLS#:25-14549
Source:AK_AMLS
Price summary
- Price:$1,460,000
- Price per sq. ft.:$295.67
About this home
A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 feet of waterfrontage and 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove--both home to cruise ship berths--the site providesexceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage.
5581 N. Tongass is also a duplex, built in 1975 that includes a 3BR/2.5BA upper unit a a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market.
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Home facts
- Year built:1975
- Listing ID #:25-14549
- Added:7 day(s) ago
- Updated:December 08, 2025 at 03:44 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:4
- Living area:4,938 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Metal
- Year built:1975
- Building area:4,938 sq. ft.
- Lot area:2 Acres
Schools
- High school:Ketchikan
- Middle school:Schoenbar
- Elementary school:Point Higgins
Utilities
- Water:Cistern
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,460,000
- Price per sq. ft.:$295.67
- Tax amount:$9,880
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated December 12, 2025New listings near 5581 N Tongass Highway
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