Description
The Alaska Mental Health Trust Authority is offering a negotiated (non‑competitive) sale of 5.762 acres of Trust land (Lot 12, Lake View Subdivision, MH Parcel C32033) on Prince of Wales Island near Control Lake. The parcel is being sold to Shannon and Victoria Bosdell for $128,000, a 60 % premium over the appraised fair‑market value of $80,000. Interested parties may submit a qualified competing offer that exceeds the current offer, along with a 10 % deposit and application fee, by the comment deadline of October 9, 2026. The sale will be finalized at least 30 days after the notice period ends, with the land conveyed via a Land Sale Contract or Quitclaim Deed. The buyer intends to develop commercial amenities (laundromat, convenience store, fuel station, RV accommodations) on the site.
• 5.762‑acre parcel in Ketchikan, AK (Section 20, Township 71 S, Range 82 E)
• Negotiated sale price: $128,000 (60 % premium to appraised $80,000)
• Deadline for competing offers/comments: 4:30 PM, 09/10/2026
• Required deposit: 10 % of offer in certified funds + $500 application fee for reconsideration request
• Intended use: mixed commercial (retail, fuel, RV) – phased five‑year development plan
• Sale proceeds via Land Sale Contract / Quitclaim Deed; buyer assumes all closing costs