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Southeast Region
Mountain Point Lighthouse Subdivision

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PLAT NO. 2008-17



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 (using the “Search Menu”, then “Plat Search”).

The price listed below is the MINIMUM 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.