$1,100,000
$1,100,000
For more information regarding the value of a property, please contact us for a free consultation.
25600 Lake Louise RD Glennallen, AK 99588
9,970 SqFt
Key Details
Sold Price $1,100,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,970 sqft
Price per Sqft $110
MLS Listing ID 20-12405
Sold Date 03/03/22
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1987
Annual Tax Amount $6,991
Lot Size 4.000 Acres
Acres 4.0
Property Description
Live the Alaskan dream w/ your family as a lodge owner at the beautiful Lake Louise Lodge! This is a well established, year round, income producing, turn key lodge w/ breathtaking lakefront views of the Alaska Range. Property consists of the main lodge building w/ a full service restaurant & bar, 7 bdrms & 7 bthrms, the owner's home w/ 5 bdms & 3 bthrms & a greenhouse, 6 rental cabins & a shop. Lake Louise Lodge is located on Alaska's largest & most beautiful lake system accessible by road. Lake Louise & surrounding lakes & streams form an incredible lake system offering over 25,000 acres of waterway. The lake features amazing lake trout & burbot fishing, caribou & moose hunting & tons of trails for winter riding, skiing & fat tire biking. Outside you are surrounded by breath taking views of the mountains, with the Wrangels to the east, Chugach to the South, Talkeetnas to the West & the Alaska Range to the North.
The original Lake Louise Lodge was built in the early 50's and was made from native spruce and was used as a hunting cabin. In 1987 a modern, 3420 sq ft log lodge was constructed around the original 352 sq ft cabin. The lodge is know for "the lodge within a lodge"& has been in the current owners family for 34 years providing an authentic Alaskan Lodge experience without sacrificing any of the comforts of home.
The lodge and outbuildings sit on 4 beautiful lake front acres. The facility is smoke fee with with 7 bedrooms & 7 bathrooms in the lodge and a full service restaurant and cocktail lounge. The owners home was built in 2008, it is 1656 sq ft & is connected to the lodge. It features a slab foundation w/ in floor heat, has 5 bedrooms & 3 bathrooms, & has a 210 sq ft green house. The 6 dry rental cabins total 1,304 sq ft, 3 were built in 1970's, 1 in 2014 & 1 in 2015, all have wood foundations, with electric & Toyo Stoves for heat.
Other buildings on the property include a 480 sq ft shop, 240 sq ft generator room, a 390 sq ft Quanset hut currently being used as an extra shop, 120 sq ft boat equipment storage shed, a wood shed, & two other storage sheds.
The lodge provides free Wi-Fi, boat/motor rentals, a playground area, showers, RV water fill-up, gas/propane, firewood and RV parking, & a boat launching service with a dock. Lake Louise hosts weddings, church retreats, corporate business meetings, and has numerous fun, well attended events through out the year for the locals and cabin owners that comes up to enjoy the beautiful lakes. Check out their Facebook page to see past events!
Since 2015 the current owners have been operating the lodge on a part-time basis so they can spend more time with their family. The months that they market & schedule events are from mid-February through the end of September. From October through mid-February they operate on most weekends with several weeks of full closure. Expansion into other product lines then currently used is very possible. Markets such as northern light excursions, ice fishing shack rentals, ice fishing over night tours, snowmachine tours, dog mushing tours, a repair shop for snowmachines, boats and trailers, material delivery on the lake, hunt guiding, fish guiding, marine dock expansion, bait/tackle shop, and a general gift shop are all income making possibilities. There is so much opportunity to capitalize on!
Since the Lodge was purchased in 2007 a complete new septic system to include septic tank, dual lift station and leach field (2007); two new well McLean GOS boilers and dual boiler mates (2007); new generator shed with concrete slab and fire alarm system thermostatically controlled, vents and exhaust fans (2010); 8x12 walk-in freezer (2011); new roof on west side of main lodge to include all new insulation/plywood/ ice and water shield with metal roof (2012); new gas pump and digital reader inside lodge (2012); new well pump and pipe/wiring roughly (2013); Renewable Energy Systems to include 12 solar panels, battery bank and three Schneider inverters (2014); LED lights have been installed throughout approximately 95% of the lodge, cabins and shop (2014); general improvement remodels in all cabins (2014); new heat trace down 150 ft of well pipe (2015); 14x28 rental cabin added (2016); refinished exterior log with Timberflex (2015);new Kubota 24kw generator (2016); new Deutz 30kw generator (2018); new ice machine (2018).
Location
State AK
Area Ll - Lake Louise
Zoning COM - Commercial
Direction From Anchorage-Glenn Hwy to approx mile 159, LT on Lake Louise Road, drive approx 16 mile, Rt at the Lake Louise sign.
Interior
Heating Baseboard, Kerosene, Oil, Radiant, Radiant Floor, Solar, Wood, Other
Flooring Tile, Carpet
Exterior
Water Access Desc Private,Well
View Lake, Mountains
Roof Type Metal
Accessibility , Paved, Gravel, Floatplane, Maintained
Building
Foundation Poured Concrete, Slab
Lot Size Range 4.0
Water Private, Well
New Construction No
Construction Status Existing Structure
Others
Tax ID U03484000L04
Acceptable Financing See Remarks, Cash, Other
Listing Terms See Remarks, Cash, Other
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved
Bought with Keller Williams Realty Alaska Group