CBJ Stock Image

Register by Dec. 9 to participate in Pederson Hill Fixed Price Lottery

December 6, 2019 – News

The City and Borough of Juneau is selling 17 single-family lots in the newly developed Pederson Hill Subdivision. Six of the lots will be sold by a fixed price lottery on December 10 at 5:30 p.m. in City Hall Chambers. If you’re interested in purchasing one of these lots by lottery, you must submit a registration form to the CBJ Lands Office by 4 p.m. on Monday, December 9.

During the lottery on Tuesday, December 10, the first winner will be allowed to select a lot. Then, the next party drawn will select a lot. This process will continue until all the lots are chosen or there are no remaining participants. All winners will be required to purchase their lot at the published appraised price within 30 days. Learn more about the lottery, including details of each lot, in the sales brochure. CBJ financing is available.

Again, Monday, December 9, is the last day to register for the Pederson Hill Land Sale Fixed Price Lottery. The registration fee is $15. Once you register, you must be present at the lottery on December 10 to participate.

CBJ is also selling five individual lots by sealed competitive bid and a block of six lots by sealed competitive bid on December 17. For this process, bids are due prior to 4 p.m. on December 17. The qualified bidder with the highest bid for each lot, or the block of lots, will be named the apparent high bidder. Acceptable bids must be for at least the minimum bid price listed for each parcel in the sales brochure.

Read other relevant documents, and Frequently Asked Questions.

For more information, contact the Lands and Resources Division Office at 586-5252 or lands_office@juneau.org.