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State land auction earns highest gross sales since 2007


(Anchorage, AK) – The State of Alaska’s annual settlement land auction earned the highest gross sales since 2007 during Wednesday’s sealed-bid opening. Alaska residents committed nearly $2.4 million in high bids for 95 of the 473 available parcels.

The Department of Natural Resources may include some of the unsold parcels in the upcoming Initial Over-the-Counter drawing. Residents and non-residents can apply to purchase parcels offered in the IOTC drawing from July 24 to September 11. For more information, visit the Land Sales website at http://landsales.alaska.gov. To follow the Land Sales Program on Facebook, go to http://facebook.com/alaskaland/.

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