CBJ Stock Image

Pederson Hill Subdivision lots now for sale over the counter

December 23, 2019 – News

The City and Borough of Juneau is now selling 10 lots in the new Pederson Hill Subdivision on a first-come-first-serve basis. Four lots can be purchased individually and three pairs of lots are also available. The residentially zoned lots will be sold for their published appraised prices.

Lots in the Pederson Hill Subdivision generally face south and come equipped with electric, cable, telephone, and municipal water and sewer services. The streets have sidewalks and connect to the Kaxdigoowu Héen Dei (Brotherhood Bridge Trail) network via a new trail. The lots are accessible by Karl Reishus Boulevard, located off Glacier Highway across from Sherwood Lane. Fair market land values for each lot range from $120,000 to $148,000.

Phase I of the Pederson Hill Subdivision is comprised of 17 lots total. During a fixed priced lottery December 10, six lots were made available and all six were sold. Another lot was sold in a sealed competitive bid process, which ended December 18.

The over-the-counter sale is open now and will close when the last lot is sold. More information, including the price for each lot, can be found in the updated sales brochure.

For more information, contact the Lands and Resources Division Office at 586-5252 or lands_office@juneau.org. Learn more about the Pederson Hill Subdivision Land Sale here.