Alaska Land for Sale - 781 Properties (2024)

FAQs

Why is land in Alaska so cheap? ›

Yet in rural areas, vast undeveloped acreage is economical mostly due to sheer abundance and difficult access or buildability. Ultimately Alaska is a state of contrasts, with extreme highs and lows in pricing based on location appeal and market demand.

The Department of Natural Resources (DNR) has three land sale programs: Land Auctions, the Over-the Counter (OTC) Program, and the Remote Recreational Cabin Sites (RRCS) Program. Parcels offered in Land Auctions are awarded to the highest bidders.

Overview of the Alaskan Land Market

The average price per acre for land in Alaska is around $7,000. However, prices can range from as little as a few hundred dollars per acre for remote wilderness tracts to over $100,000 per acre for highly desirable recreational parcels in accessible areas.

This land is perfectly suited for a small off the grid cabin, a remote hunting or ecotourism lodge, prospecting, or simply a great investment. Private land in the Brooks Range is very rare and this is a once in a lifetime opportunity to own your own slice of this magnificent corner of Alaska".

Is “homesteading” allowed anywhere in Alaska today? No. Homesteading ended on all federal lands on October 21, 1986. The State of Alaska currently has no homesteading program for its lands.

However, many people still have the mistaken impression they can head to Alaska, pick out a parcel of land, and live on it for free. Unfortunately, that's not possible in Alaska anymore. However, there are legal options for purchasing land from the state, including over-the-counter purchases and land auctions.

Alaska is the only state in the United States where a large part of the land mass of the state is not subject to a property tax.

Alaska's adverse possession law is fairly simple. Anyone openly possessing a parcel of property under color of title for at least seven years, or at least 10 years under a good faith (but mistaken) belief that the land was already part of their property, may claim that property.

Alaska has its own website where Alaskans or their family members can search for unclaimed property, unclaimedproperty.alaska.gov. If a relative can prove they're the legal heir to the property they're eligible to file a claim, Norman said.

According to Wisevoter, Arizona is the cheapest state in the United States to buy land. As of 2023, Arizona's median price per acre is only $4,164.

Where is the cheapest land to buy right now? ›

Based on recent statistics the 10 Cheapest States to buy land in the US are New Mexico, Arizona, Nevada, Arkansas, Mississippi, West Virginia, North Dakota, Louisiana, Oklahoma & Kansas.

Overview of Alaska Taxes

The average effective property tax rate in Alaska is 1.17%, while the U.S. rate is 0.99%.

Yes, you can build your own house in Alaska, if you have land in an area of your choice. You have to budget for the time and the cost of building your home though. You will also need permits to build your house. Permit fees depend on the home value or the construction area.

Wealth of Wildlife and Fisheries

From salmon to crab, Alaska possesses immense fishing resources. Land ownership near prime fishing grounds allows leasing that access to commercial fishermen. Abundant moose, bear and other wildlife also makes Alaska land desirable for hunting/outfitting leases.

No cabin may be constructed or occupied for private use on refuge lands except pursuant to a valid special use permit [50 CFR 36.33 (b)(l)]. Existing cabins which are compatible with refuge purposes may be allowed to continue for traditional and customary uses [50 CFR 36.33 (c)].

Alaska is the only state in the United States where a large part of the land mass of the state is not subject to a property tax. Although property tax is the primary method of raising revenues for the majority of the larger municipalities in the state, smaller municipalities favor a sales tax.

Living in Alaska isn't for everybody. If you need to leave quickly, it can be tough to predict the return on your investment. However, if you're committed to the Last Frontier for the long run, you'll have a much better chance of doing well on your real estate investment.

Seward and Stoeckl agreed to a treaty for the sale on March 30, 1867. At a cost of $0.36 per acre, the United States had grown by 586,412 sq mi (1,518,800 km²). Reactions to the Alaska Purchase among Americans were mostly positive, as many believed that Alaska would serve as a base to expand American trade in Asia.