3809 Katmai Cir, Anchorage, AK 99517

Prime location and investment opportunity on this 3BR Ranch in Turnagain. Nearly 1/2 acre (.48) lot on a cul-de-sac with mature trees, 472sf of wrap-around wood decking, RV Parking, + a huge 1112sf garage. Vintage 1970s interior, but excellent footprint for a reno. Add a second story for potential views of the inlet and city lights. Easy access to Westchester Lagoon and the Coastal Trail.This is an estate sale priced $40K below the $535K as-is appraised value. The market appraisal was completed in June 2025, and the report is available for review in the listing documents tab. New roof installed in 2016. High-efficiency boiler in 2008. Tongue and groove ceilings throughout. Vaulted living room features a wood-burning fireplace, tall picture windows, and a skylight to maximize natural light. Two of the three bedrooms have ensuite half baths. The angled rooms and geometric lines offer unique character and endless artistic possibilities for a modern refresh that incorporates and preserves the best original attributes and details on this custom-built home.