Alaska Homes under $200,000

**Discover the Allure of Alaska: Affordable Homes Under $200,000**

Welcome to the breathtaking expanse of Alaska, where the stunning landscapes and rich culture create a unique living experience. Known for its dramatic mountains, pristine wilderness, and vibrant wildlife, Alaska is a haven for outdoor enthusiasts and those seeking a serene lifestyle. Whether you’re drawn to the majestic Northern Lights or the tranquil beauty of its national parks, Alaska offers a lifestyle like no other.

For prospective homeowners, the good news is that you can find charming properties under $200,000, making this incredible state more accessible than ever. With a diverse range of homes available, from cozy cabins nestled in the woods to quaint houses in friendly communities, there’s something for everyone. These affordable homes provide an excellent opportunity for first-time buyers, retirees, or anyone looking to invest in a slice of Alaskan paradise.

Imagine waking up to breathtaking views of snow-capped mountains or the peaceful sounds of nature right outside your window. Many of these homes come with ample outdoor space, perfect for gardening, entertaining, or simply soaking in the stunning surroundings. With a lower cost of living compared to many urban areas, you can enjoy a higher quality of life while still having access to essential amenities.

Alaska is not just about its natural beauty; it’s also a community rich in culture and history. From local festivals to art galleries showcasing indigenous talent, living in Alaska means embracing a lifestyle filled with adventure and discovery.

Don’t miss your chance to find your dream home in this incredible state. Explore the affordable housing options available today and embark on a new chapter in the Last Frontier!

Newest Alaska Homes under $200,000

9353 Blackberry Street Unit #2, Anchorage

$165,000

2 Beds ⋅ 1 Baths ⋅ 26-13239 MLS

Opportunity with condo with value in location and light. Living and dining rooms are flooded with sunshine from a near wall of windows overlooking the greenbelt with partial lake views. Ready for your vision and remodel. Walk to shopping and just 3 minutes to the highway. HOA includes everything but electric. Seller allows buyer to finance improvements at closing, completed under new ownership

9353 Blackberry Street Unit #2, Anchorage

Listing Office Brandy Pennington Anchorage Real Estate

$125,000

2 Beds ⋅ 26-13228 MLS

Beautiful dry log cabin on a wooded ½-acre lot in Caswell Lakes! Features a finished interior with tongue-and-groove pine throughout, wood-look vinyl snap-lock flooring, insulated floor, woodstove, vaulted ceilings, spacious loft, separate bedroom, metal roof, and front deck. Perfect Alaskan getaway! Owner financing available with a substantial down payment and acceptable terms.

000 S Cutthroat Drive, Willow

Listing Office Elite Real Estate Group

$172,900

2 Beds ⋅ 1 Baths ⋅ 26-13223 MLS

First floor no stairs, 2 bedrooms, remodeled full bath, all gas heat and water heater, home has been well maintained. Double carports really great for winter as HOA maintains the grounds, driveways, snow removal and exterior. Spacious living and dining rooms. Stack washer and dryer are a positive plus,, as are the pet friendly rules and storage unit at end of carport building

2607 Palmer Court Unit D1, Anchorage

Listing Office LPT Realty

$140,000

4 Beds ⋅ 1 Baths ⋅ 26-13215 MLS

Rare opportunity to purchase a home on an acre and a quarter in Ekwok! Situated on 1.22 acres, this approximately 1,500 sq ft home offers 4 bedrooms and 1 bathroom. Built in 1992, the home features vinyl siding, a metal roof, an elevated post foundation, with front and back entrance. Ramp access in front. Recent improvements include an upgraded furnace and water heater in 2025. The home is heated with oil from a 300-gallon tank and has a private well and septic system, septic pumped every 2 years. Conveniently located near the village center and airport, this property offers an opportunity for those seeking a home in rural Alaska. Road access to house is village maintained.

14 Sunshine View, Ekwok

Listing Office Signature Real Estate Alaska

$179,000

2 Beds ⋅ 2 Baths ⋅ 26-13202 MLS

Built on a rock! Spectacular piece of Seldovia history! It all began in 1940 and has been added onto a few times, been upgraded as the public water and sewer systems required and received a weatherization program enhancement to the insulation, above and below! No longer served by a woodstove but upgraded to a monitor stove, this darling cabin is ready for it's next occupant! House history follows- An elder in the community told me that he remembers the house being there when he moved to town in 1948. At the time, there was a walking path along the slough, no road. Eventually a road was put in, possibly after the 1964 earthquake? Enie Allen was the owner of the house in the 40's, 50's, possibly 60's. It looks like a bathroom was added in the mid 1950's due to a 1955 newspaper being found in the wall when water pipes were replaced in the bathroom. We know that Dr. and Mrs. Larry Reynolds lived in the house in the 1970's and a ways in to the 1980's, possibly. At some point, someone added on to the house, from what I can tell. That would have been the living room and larger bedroom. After them was Danny Hyatt who was the school custodian. Danny and his children built a base for an oil-fired fireplace and wrote their initials in the cement. Not sure who owned or lived in the house later in the 1990's. Do know that a man named Bob owned the house from 2003 2014. Bob and his wife were from Texas, I believe. He did a lot of the wood work that can be seen on the living room wall, the wine closet just outside the front door, probably the shed off the carport, and also the addition of the sunroom and the bedroom and half bath. Bob's father was a manager of the Red Mountain Mine outside of Seldovia, likely in the early 1900's.

279 Shoreline Drive, Seldovia

Listing Office Alaska 1st Realty, Inc.

$79,900

1 Beds ⋅ 1 Baths ⋅ 26-13197 MLS

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48400 S Bendapole Road, Willow

Listing Office Alaska Fine Homes and Real Estate, LLC

$49,900

2 Beds ⋅ 1 Baths ⋅ 26-13173 MLS

Adorable tiny home/cabin (NO LAND BUILDING ONLY). This cabin is 12ft x20ft. Insulated construction, full plumbing, Toyo Direct Vent Heater and electric water heater. It has 1 loft (queen sized Bed, a bathroom with toilet & shower, small kitchen with sink and fridge.. Quality Built by a local Alaskan construction contractor. Being sold turnkey. Buyer to move to new home.

000 Chugiak, Chugiak

Listing Office Herrington and Company, LLC

$137,000

2 Beds ⋅ 1 Baths ⋅ 26-13135 MLS

Convenient East Anchorage living! This 2 bedroom, 1 bath condo offers a functional layout, cozy fireplace and in unit laundry. Additionally in has an outdoor yard space and covered parking. Ideally located near JBER, shopping, dining, and everyday amenities, with easy access to major commuter routes. A great opportunity for affordable homeownership or an investment property! Heat included in dues!

6222 E 12th Avenue Unit #D3, Anchorage

Listing Office Keller Williams Realty Alaska Group

$110,000

1 Beds ⋅ 1 Baths ⋅ 26-13098 MLS

**BUILDING ONLY ** Newly constructed home for sale; no land or any other structure on the property is included. High efficiency 560 sq ft (40 x 14) construction completed to meet City of Soldotna codes. Built for expandability. Home was designed to be moved onto a building site; set up on blocks and ready to go. Buyer is responsible for the cost of moving the home. Seller can provide contact info for a recommended mover if needed. Heating system is forced air, plumbed for natural gas but could easily be converted for toyo stove on oil. All new appliances, included in sale.

995 E Roald Avenue, Soldotna

Listing Office Valley Market Real Estate

$150,000

3 Beds ⋅ 1 Baths ⋅ 26-13096 MLS

Fixer Upper/Handyman special. This home has 3 bedrooms, 1 car garage, 1 car carport, and an unfinished basement that is great for storage. Great midtown location. This property is being sold 'AS-IS'. Great home for a renovation project.

3900 Lois Drive, Anchorage

Listing Office LPT Realty

$175,000

1 Beds ⋅ 1 Baths ⋅ 26-13084 MLS

This stunning remodeled South Anchorage condo is a rare find! Fully renovated with beautiful paint, flooring, cabinets, kitchen and appliances! The kitchen features custom built cabinet storage and custom island smart home lighting. The living room features custom lighted shelving with cable storage underneath. Located in a desirable school district and convenient location, this ground floor one bedroom one bathroom condo offers in unit laundry, a secured entry building and dedicated parking with an additional storage closet.

2210 Sentry Drive Unit #B-12, Anchorage

Listing Office Firebird Realty, LLC

$45,000

1 Baths ⋅ 26-13071 MLS

Adorable tiny home/cabin (NO LAND BUILDING ONLY). This cabin is10x20 and 14 1/2 feet tall. Insulated 2x4 construction, full plumbing, electric heat. It has 2 lofts (queen and twin sized), a bathroom with toilet & shower, small kitchen with sink/mini fridge/toaster oven. Built to withstand the cold winters of Alaska. Being sold turnkey.

000 Twitty Avenue, Wasilla

Listing Office Real Broker Alaska

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Elite Real Estate Group 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 last updated:

Alaska Homes under $200,000

Newest Alaska Homes under $200,000

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