Mountain Point Lighthouse Subdivision
Location
PETERSBURG, ALASKA
TOWNSHIP 59 SOUTH, RANGE 79 EAST,
SECTIONS 22 & 27, COPPER RIVER MERIDIAN
PLAT NO. 2008-17
PETERSBURG RECORDING DISTRICT
Description
The University of Alaska is offering several waterfront recreational/residential lots
located approximately five miles south of Petersburg, Alaska on the west side of the
Wrangell Narrows. The subdivision is outside of the boundaries of the City of Petersburg.
There are no public utilities and no constructed road access to these lots. The subdivision
is water access only. All lots have east facing frontage on the Wrangell Narrows.
The lots are steep to gently sloping and are generally covered with cedar, hemlock
and spruce trees. These lots may contain wetlands and may require a U.S. Army Corps
of Engineers wetlands permit prior to development.
This subdivision is subject to certain covenants, conditions and restrictions. Copies
of the Master Declaration of Covenants, Conditions and Restrictions for Mountain Point Lighthouse
Subdivision are available above, or from the Land Management office in Anchorage or Fairbanks.
All lots will be sold at or above fair market value.
This notice is effective until all lots are sold.
Interested parties should thoroughly inspect these lots prior to submitting an offer
to ensure that the lots are suitable for the party’s intended use and to determine
all permitting requirements related to that intended use. Additional information
regarding these lots may be available from local, state and federal offices, including
but not limited to: the city or borough assessor’s office, building permitting office
and land planning office; local utility companies; district recorder’s office; the
State of Alaska Department of Natural Resources, Department of Environmental Conservation,
Department of Fish and Game and Department of Transportation and Public Facilities;
and the U.S. Department of the Interior Bureau of Land Management, Geological Survey
and Environmental Protection Agency, and the U.S. Army Corps of Engineers.
The standard documents that will be used to close sales in this offering are available
for review below. A copy of the Mountain Point Lighthouse Subdivision, Plat #2008-17
is available at the District Recorder’s office in Petersburg (Phone: 907.225.3142)
or online http://dnr.alaska.gov/ssd/recoff (using the “Search Menu”, then “Plat Search”).
The price listed below is the MINIMUM PRICE.
| PARCEL | SUBDIVISION | LOT | ACRES | PRICE | |
|---|---|---|---|---|---|
| PE.MP.0003 | Mountain Point Lighthouse | 2 | 4.680 | $70,000 | |
| PE.MP.0004 | Mountain Point Lighthouse | 3 | 7.280 | $106,900 | |
| PE.MP.0005 | Mountain Point Lighthouse | 4 | 10.970 | $158,600 | |
| PE.MP.0006 | Mountain Point Lighthouse | 5 | 10.810 | $156,300 | |
| PE.MP.0007 | Mountain Point Lighthouse | 6 | 11.440 | $165,200 | |
| PE.MP.0008 | Mountain Point Lighthouse | 7 | 7.410 | $108,700 | |
| PE.MP.0009 | Mountain Point Lighthouse | 8 | 7.520 | $110,300 | |
| PE.MP.0010 | Mountain Point Lighthouse | 9 | 7.630 | $111,800 |
PROCESS
Cash Purchase Terms and Conditions
The parcel(s) listed above is being offered for sale by the University of Alaska on
a first come, first served basis, at or above the Minimum Price. The terms and conditions
of this offering are available below. Offer to Purchase Forms are attached to the
terms and conditions. Offers must include a minimum of ten percent (10%) of the offer
amount, to be applied towards the purchase price. Cash purchases require that the
entire balance of the purchase price be paid in full at the time of closing. Cash
sales typically take up to 90 days to close, but earlier closings may be accommodated
at the University's discretion. Sample copies of the University's current cash sale
closing documents are available for review below.