How to Buy Land in Alaska

Save

The Department of Natural Resources (DNR) for the state oversees the beautiful and remote Alaskan land. Alaska’s DNR offers land both for private ownership and settlement, according to the DNR website. If you are not a resident of Alaska, you may still purchase land through the sealed-bid auction process or over-the-counter process, though some restrictions may apply. Only Alaska residents are eligible to lease and purchase land via the recreational cabin site program.

Things You'll Need

  • Application for buying land
  • Declaration of intent
  • Veteran application (if applicable)
  • Down payment

Research the regions of Alaska where land is for sale to determine your focus area (see Resources).

Register your email with the Alaska DNR for dates and times of sealed-bid auctions. Review the sites the Department makes available. Land is not offered at a regular time each year, but only as surveys, inspections and the state budget allow. Check the public notifications from the Alaska DNR to find information about upcoming land auctions.

Download the application and declarations of intent forms (see Resources). Fill them out completely and submit them for approval before participating in a land auction. When the land auction occurs, submit your sealed bid according to the requirements of the auction process. The DNR awards land to the highest bidder once the minimum bid has been met. If potential buyers do not meet the minimum bid, the land may be moved to over-the-counter sales or held for future auctions.

Investigate over-the-counter land plots on the Alaska DNR website, which lists subdivision sites by number. Select the parcel of land you wish to purchase. Submit your application and declaration of intent for over-the-counter land purchases. After your approval, complete the sale by providing at least a 5 percent down payment for plots over $2,000. Land parcels priced at $2,000 or under must be paid for in full at the time of purchase.

Tips & Warnings

  • View the plots of land before you purchase them. The DNR offers the land without guarantees of resources or further development limitations. Contact the Alaska Department of Natural Resources or an Alaskan realtor with further questions about specific properties.
  • Read the details of what is available or not on each land site you are considering. Not all plots will have winter access via planes or public services such as fire, police or schools.

Related Searches

References

Promoted By Zergnet

Comments

You May Also Like

Related Searches

Check It Out

How to Travel For Free With Reward Points

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!