Anchorage and Valley Real Estate
Pioneer Peak and the Matanuska River on a clear day, near Wasilla in the Mat-Su Valley, Alaska — context for Settlers Bay real estate

Welcome to Settlers Bay

Settlers Bay Wasilla Homes for Sale

Settlers Bay brings together residential streets, a golf-course setting and public coastal trails off Knik-Goose Bay Road.

Neighborhoods & areas

Settlers Bay on the Wasilla map

This area is highlighted. Neighboring areas are shown in lighter color. Open the Wasilla homes for sale hub for all 13 area guides, or pick a shape below.

Areas are approximate – see notes below.

Click the map to zoom with your scroll wheel

See all Wasilla area guides

overview

Residential streets with a coastal park nearby

Turn off Knik-Goose Bay Road and Settlers Bay begins to make sense at a more local scale: residential streets, the golf course and the routes leading toward the coastal park. The broader area includes established subdivisions, wooded lots and more recent homes, with the park and course providing recognizable landmarks. Settlers Bay homes for sale cluster around those residential streets, the golf course and the routes toward the coastal park. If you want to buy a home in Settlers Bay, Wasilla, start at the Knik-Goose Bay turnoff and then look at the more local scale.

It is worth giving this part of a Wasilla tour some time. See the streets around the homes on your shortlist, then add a park visit so you can experience the surrounding landscape. The combination helps you compare a course-side outlook, a wooded residential setting and a home farther back in the street network through the routines you would actually use.

roads

Settlers Bay Drive connects you back to KGB

Regional trips generally begin on Settlers Bay Drive or a connecting residential street, then continue along KGB Road. Wasilla’s services are back toward town; Palmer and Anchorage trips add the appropriate highway connection. Include the residential part of the drive when comparing homes in different corners of Settlers Bay.

DOT&PF’s KGB program is an important part of the road context. Its February 2026 update anticipates early-2027 completion of the Phase 2 design between Fairview Loop and Settlers Bay Drive. The program also includes right-of-way acquisition and utility coordination. The current project information is useful when planning a showing route or following the corridor’s next stage.

Getting around from here

Tap a destination to compare the same representative road point used for these estimates. The chooser does not use your location or make a live routing request.

15 min

Wasilla City Hall · 8.3 miles

Route: Representative road point to Wasilla City Hall; no turn-by-turn directions.

No-traffic OSRM estimates from a representative road point, rounded up to five minutes; your driveway, traffic and weather add time.

OSRM / OpenStreetMap · checked November 9, 2026 (AKST) · Alaska 511

outdoors

Make time for the coastal trails

Settlers Bay Coastal Park gives a visit here a different pace: gravel paths for a walk, mountain-bike singletrack and a landscape that moves between woods and the coast. The Borough describes winter grooming as snow conditions allow, so the same public park can be part of a summer outing or a winter trail day.

Great Land Trust reports that a 2023 expansion brought the conserved park to 480 acres. The Borough’s park page still describes the original roughly 295 acres; the newer trust account explains how the park grew. The golf course is a separate destination alongside this residential and public-park landscape. Together, these recognizable places make it easy to build a Settlers Bay visit around more than a quick drive past a house.

Sources: Mat-Su Borough — Settlers Bay Coastal Park · Mat-Su Borough — Settlers Bay Coastal Trails · Great Land Trust — Settlers Bay Coastal Park

A look around the wider landscape

Regional Pioneer Peak and Matanuska River. Photo: iStock.com/Alan Musy - ADM PhotoGraphics.
Pioneer Peak above fields near Palmer — regional context. Photo: iStock.com/wibberelvin.
Hatcher Pass recreation-area cabins, a drive from Wasilla. Photo: iStock.com/Melissa Kopka.
homes

Look at how the house uses its setting

The home-search conversation includes established subdivision houses, newer construction, wooded properties and homes described by a course or coastal outlook. These settings give you different ways to use the same residential area, from a yard framed by trees to a house oriented toward a more open view.

Spend time outside during a showing. The walk from the garage to the house, the connection from the main living spaces to the yard and the position of outdoor seating all help bring the layout into focus. On a sloping property, the arrangement of levels can be a major part of its character. Compare those everyday details alongside the interior rooms and the photographs that first caught your eye.

utilities

Water, wastewater, power and heat

Everyday services connect this area with the wider Mat-Su network. Matanuska Electric Association supplies regional power, and ENSTAR provides natural gas on served streets. Private wells and on-site wastewater systems are common outside municipal utility areas, alongside other development-specific arrangements. City utility service areas and municipal boundaries are separate layers of the map.

Sources: City of Wasilla — Interactive Water and Sewer Utility Maps · City of Wasilla — Wastewater and STEP systems · Matanuska Electric Association · ENSTAR — Service Lines

history

A park built through conservation partnerships

Great Land Trust traces the coastal-park project to conversations with the golf-course owners in 2013. The initial land transaction followed in 2018, and the Borough held the public opening in 2019. An additional acquisition in early 2023 expanded the conserved area. Those dates explain why older park descriptions and newer accounts show different acreages.

The trust also documents the longstanding Dena’ina history of this Knik Arm shoreline. A park walk therefore sits within a much older regional landscape as well as a modern conservation project. The public park’s interpretation and designated routes are useful ways to connect that history with the woods, wetlands and coastal setting you see today.

Sources: Great Land Trust — Settlers Bay Coastal Park

winter

Return for a different season when moving to Settlers Bay

Seasonal planning notes with illustrative regional photos—not verified summer/winter scenes or a matched photo pair. The full local notes remain below.

Regional Pioneer Peak and Matanuska River — illustrative regional context

Summer puts the trails, wooded lots and outdoor spaces at the center of a visit.

Photo: iStock.com/Alan Musy - ADM PhotoGraphics

Summer puts the trails, wooded lots and outdoor spaces at the center of a visit. Fall changes the view through the trees, while winter brings the practical rhythm of the route home, the garage and the path to the front door. The park’s seasonal trail use adds another reason to return.

Spring breakup gives a different view of sloping yards, drainage routes and the land around a home. Seeing the property in a second season helps turn a scenic first impression into a picture of everyday life. You can compare where you would spend time outside, how equipment moves between house and garage and how the driveway fits into the lot.

daily life

Pair a showing with a park outing

A useful first visit starts on KGB Road, follows Settlers Bay Drive into the residential streets and includes time at a designated coastal-park entrance. Put the homes on your shortlist into that same trip. You will get a sense of the residential drive as well as the places you might return to for recreation.

For comparisons, Fairview Loop offers a different south-side road layout, the KGB guide follows the larger corridor and Historic Knik adds the townsite and museum farther along the regional route. Seeing these nearby areas together helps clarify what you want to keep central in your search: the daily drive, the home’s setting or a particular public recreation destination.

Before you buy a home in Settlers Bay, Wasilla

Water & wastewater:

Review well yield, water tests and septic records, or confirm the property’s City/STEP or community-system service.

Power & heat:

Check gas availability, heating records and MEA capacity for any shop or addition.

Roads:

Establish year-round access and who maintains and plows the street and driveway.

Lot & covenants:

Read the survey, easements, shared-access rights and subdivision rules for your plans.

Permits & drainage:

Review proposed uses, waterbody/floodplain requirements and spring drainage with the relevant agencies.

Sources: Mat-Su Borough — Development Services · Mat-Su Borough — Mandatory Land Use Permit · Mat-Su Borough — Road Service Area maps

FAQ

Settlers Bay real estate: buyer questions

Where is Settlers Bay?

Off Knik-Goose Bay Road southwest of central Wasilla, within the larger Knik-Fairview area. Settlers Bay Drive is a main residential approach.

What is the coastal park like?

The Borough describes gravel paths, mountain-bike singletrack and winter grooming as conditions allow. Great Land Trust reports 480 conserved acres following the 2023 expansion, while the Borough page describes the original roughly 295 acres.

What should I include in a first visit?

Tour the streets around your shortlisted homes, then add time at a designated coastal-park entrance. The golf course, residential streets and park give you several useful local reference points.

Next steps

Start with current listings, then narrow the map.

Start with the wider Wasilla listings, then explore the places that fit your plans. If you already live here and want to sell a home in Settlers Bay, the park, the course and the subdivision streets are useful local landmarks for that conversation.

YOUR ALASKA SEARCH

Keep Settlers Bay on your radar

See what is available in the area you just explored, then keep your search close at hand.

On the results page, tap Save Search to save it to your dashboard and set up email alerts. Sign in or create your account if prompted, then choose your alert settings.

Search homes

700 W Sarahs Way, Wasilla
$359,900
3 Beds ⋅ 2 Baths ⋅ 26-13800 MLS
Beautifully remodeled ranch-style home featuring 3 bedrooms plus a bonus room, ideally located off Seldon Rd. Situated on 1.07 acres with room for one horse (per CCRs), this property offers a private yard, tucked away from the road & backing to undeveloped land. Enjoy partial Hatcher Pass views! The spacious arctic entry is perfect for our winters & the home's open layout is great for gatherings. In the kitchen you'll find maple cabinets with soft close doors and drawers, solid surface counters with an accent walnut bar top, slate tile backsplash and all the necessary appliances in SS (all stay). The French doors will take you to the large back deck, also convenient for entertaining. LVP flooring throughout offers easy maintenance, and was replaced in 2024, with the half bath having tile floor. Both bathrooms have been remodeled, with the main bath having a custom built vanity. The gas water heater was also replaced in 2024. A few things to note on the exterior: The driveway is paved, front yard is nicely landscaped, and includes some perennial flowers like peonies and lilies. There is a storage shed in the back, with plenty of room to add a shop/garage or more outbuildings! The exterior paint is only a few years old, the front entry has trex decking, and the metal roof was installed in 2018. The home also has a brand new septic tank, which was just replaced in September '26. This area is surrounded with paved trails, parks and lakes, so you can enjoy all the outdoor activities just outside your home. Don't miss this remodeled and well priced home!

700 W Sarahs Way, Wasilla

Listing Office Better Homes and Gardens Real Estate Dream Makers

2891 W Top of The World Circle, Wasilla
$1,849,000
4 Beds ⋅ 5 Baths ⋅ 26-13791 MLS
Luxury living and amazing views await! This home offers something for everyone, with a modern, spacious kitchen, 4 bedrooms plus den/office space for flexibility, and multiple garage spaces including a huge detached shop. The owner didn't cut corners during construction. Viewing this home in person will show you that this amazing property is the right choice. Click MORE for additional information: - Everything was built with top quality material no cheap junk or shortcuts - Lots of plywood sheathing inside the house on the walls beneath the drywall for superior structural support - Interior doors are all solid panels ...not hollow - Windows are triple pane from Great Land Window in Fairbanks. Those alone were almost $100,000 and that was in 2019 - Spray foam insulation - High-quality 50-year shingles for the roof - In-floor radiant heat for the entire house with 10 separate zones and thermostats - Shop and garage also have in floor heat with back up regular space heaters as well. Two thermostats in shop and garage (one for each heating system in both areas) - Shop has its own Combi Boiler for heat and a separate septic tank - Floor drains in shop and house garage are plumbed to drain to septic tanks - The square footage reported does not include the basement. If the basement were finished, living space would be near 5,000 square feet - A 22kw natural gas standby generator is installed with automatic transfer switch for effortless back up if you lose grid power

2891 W Top of The World Circle, Wasilla

Listing Office Realty ONE Group Aurora

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Properties of Alaska Real Estate Brokers of Alaska are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

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