For SaleRisky Deal13 days on market

L35-B2 Portugal Pl

L35-B2 Portugal Pl, Anchorage, AK 99516, Anchorage, AK 99516
$40,000

Listing Price

Property image 1
L35-B2 Portugal Pl, Anchorage, AK 99516
Loc: Anchorage, AK
Days Listed
13
Lot Size
0.56 acres
Type
lot

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Bear Valley Elementary School

PK-6
1 mi away
9

Goldenview Middle School

6-8
0.9 mi away
10

South Anchorage High School

9-12
1.3 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

moderncabinwood sidingnatural settingsecludedoff-grid vibepicnic tableminimalistforest surroundingstiny houserusticoutdoor fire pitwildernesswoodlandshed roof

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
3.20%
Total ROI
28.4%
Cash Flow
$-101/mo
DSCR
0.51
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

This raw land investment in Anchorage presents a negative cash flow profile, effectively functioning as a carry-cost liability rather than a wealth-generating asset. With a rental yield of only 3.2%—likely based on land lease or speculative use—and a monthly burn rate of $101, investors are paying for the privilege of holding the asset. While a 4% appreciation rate is plausible in select markets, it rarely offsets ongoing property taxes, maintenance, and the opportunity cost of capital for non-income-producing land. Without a clear path to development or rezoning, the holding costs coupled with poor liquidity make this an unattractive proposition for conservative investors seeking reliable returns.

Strengths
  • Low entry price point
  • Positive historical appreciation trend in Anchorage real estate
Considerations
  • Negative monthly cash flow
  • Raw land lacks immediate income utility
  • Poor liquidity compared to residential structures
  • High relative carrying costs for a low-yield asset

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listed for sale$40,000
2024-08-27Sold$0
2024-08-05Pending sale$35,000
2024-05-20Listed for sale$35,000
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
Baths
Sq Ft
0

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