This Is the Most Expensive House in Alaska

By Douglas A. McIntyre Published May 28, 7:50AM EDT

Follow 24/7 Wall St. on Google

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

This Is the Most Expensive House in Alaska — © Realtor.com

The most expensive home for sale in a state with a large, affluent population can run over $100 million. Certainly, there have been homes priced above the $100 million level in the New York City, Los Angeles and San Francisco metropolitan areas. In states with less affluent and smaller populations, the most expensive home for sales may be priced at only a few million. The most expensive home for sale in Alaska carries a relatively modest price, compared to many other states, of $3.95 million.
[in-text-ad]
This home is located at 6096 Cliff Point Road, Kodiak, Alaska. According to listing agent John Herrity, “The owner’s name is Joe, and it’s known as Joe’s Cabin. But it’s a step above a cabin—it has all the amenities of any luxury home.” The home is in a remote location. Kodiak Island has a population of about 13,000 people. The only practical way to reach the house is via a flight from Anchorage, the state’s largest city. Even Anchorage is fairly small for a city, with its population of less than 300,000.

The house at 6096 Cliff Point Road has another disadvantage. It is not very large. It covers only 2,348 square feet and has just three bedrooms and three bathrooms. However, it does sit on 29.95 acres. There is a carriage house with one bedroom and one bath. It was built in 2019.
[nativounit]
The listing says the property can be subdivided into as many as 10 lots. However, the value of doing that may be limited because of the remote location. Also, the house already may be a hard sell. It has been on the market for 252 days.

Click here to see the states where incomes are rising the fastest.
[wallst_email_signup]

About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.