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12240 Wagner Street, Anchorage
$885,000
3 Beds ⋅ 2 Baths ⋅ 26-11647 MLS
South Anchorage lower hillside property featuring an EXCEPTIONAL 2,016 sq ft SHOP built in 2015--complete with in-floor heat, half bath, and overhead garage door. A rare opportunity for hobbyists, business use, or serious storage. The freshly painted main home provides single-level living with a spacious loft for added flexibility. The living room features vaulted ceilings...(see more) a gas fireplace, and a wall of windows that fill the space with natural light. The kitchen includes stainless appliances, pantry, updated lighting, and a dining area that opens to the back deck with a hot tub (SBOS item) and space to entertain. The backyard is a private retreat with greenhouse (with electric), sauna, smoker, playhouse, apple trees, and room to enjoy Alaska living year-round.

12240 Wagner Street, Anchorage

Listing Office Keller Williams Realty Alaska Group

9321 Snow Bear Drive, Anchorage
$1,295,000
7 Beds ⋅ 5 Baths ⋅ 26-11584 MLS
Exceptional fully remodeled 7-bedroom, 5-bath multi-unit Bear Valley Family Compound offering rare flexibility for investment, multigenerational living, owner occupancy, and established rental-income potential. MILLION DOLLAR VIEWS. $4,000 of rental income pays for approximately $625,000 of your mortgage (Buyer to Verify). See more... Set in Anchorage's desirable Upper Hillside, this distinctive property combines a peaceful,forested setting with expansive views across Cook Inlet, Ted Stevens Anchorage International Airport, and the Anchorage skyline. The elevated setting is ideal for those seeking a closer connection to nature without giving up access to Anchorage amenities. Surrounded by mature trees, mountain terrain, natural vegetation, and the ever-changing Alaska landscape, the property offers a private, retreat-like atmosphere in every season. Hundreds of square feet of decks create exceptional outdoor living space for entertaining, morning coffee, sunset viewing, or simply enjoying the inlet, city lights, and dramatic Alaska skies. Nearby Bear Valley and Golden View trail access provides convenient opportunities for hiking, trail running, biking, skiing, snowshoeing, wildlife viewing, and exploring the Hillside. The property includes a main home, in-law suite, and ADU cabin, creating numerous possibilities for extended family, long-term rental income, short-term rental use, owner occupancy, or a combination of personal and investment use. The in-law suite and ADU cabin have documented long-term rental history of approximately $4,000 per month. The main residence has documented Airbnb and off-season rental income exceeding $70,000 annually, with combined documented income exceeding $10,000 per month for several years. The main home and ADU are offered furnished for move-in-ready living or turnkey rental use, including furnishings, dishes, flatware, linens, and household essentials. Three new or newer kitchens and five new or newer bathrooms provide outstanding flexibility for multiple households, guests, or tenants. Major improvements include a new roof, new exterior paint, new driveway, new septic system, new windows, and a new boiler, plus many additional updates throughout. A rare opportunity to own a renovated, furnished, income-producing Bear Valley property with flexible multi-unit living, documented rental history, extensive outdoor living space, nearby recreation, and panoramic Cook Inlet and Anchorage views. Buyer to independently verify all information, including square footage, rental history and income, expenses, furnishings to remain, zoning, permits, licensing, occupancy limits, utility availability, and permitted uses.

9321 Snow Bear Drive, Anchorage

Listing Office Real Broker Alaska

L2 Robin Hood Drive, Anchorage
$150,000
26-11322 MLS
Build your dream home on this beautiful 1.1-acre (48,023 sq. ft.) homesite in the highly desirable South Anchorage Hillside, conveniently located near the intersection of Rabbit Creek Road and Golden View Drive. This gently sloping lot offers a private setting with mature birch trees and the potential for Cook Inlet views, depending on home design and placement. A driveway has already been installed, providing convenient access and reducing site preparation costs. The property is surrounded by established homes on both sides, demonstrating the lot's buildability while maintaining the privacy and character of the neighborhood. Property Features * 1.1 Acres (48,023 sq. ft.) * Zoned R-6 * Gently sloping terrain * Potential inlet views (depending on build) * Mature birch forest * Existing driveway installed * Established homes on both sides * Quiet South Anchorage Hillside location Additional Information The site will require surface water drainage as part of the development process. Previous owners submitted drainage engineering plans to the Municipality, which may provide a useful starting point for future development. This is an excellent opportunity to build a custom home in one of South Anchorage's most desirable hillside neighborhoods while enjoying privacy, natural beauty, and convenient access to Rabbit Creek Road, Golden View Drive, schools, trails, and outdoor recreation.

L2 Robin Hood Drive, Anchorage

Listing Office Sun Properties, LLC

16547 Snow Bear Drive, Anchorage
$315,000
26-11141 MLS
Imagine waking up with the Chugach rising behind your home and a view stretching out across Anchorage and Cook Inlet to Denali, Sleeping Lady, the Alaska Range and the Tordrillo Mountains. Set on approximately seven acres high above the city in Bear Valley, this is the kind of property that makes you feel like you've left Anchorage behind and found your own place in the mountains. The homesite sits in a spectacular position, open to the western sky and oriented to capture exceptional sunlight throughout the day--a rare advantage in a part of Bear Valley where the surrounding mountains can put many properties in shadow. From here, the view changes with the light, the weather and the seasons, from long summer evenings over the Inlet to alpenglow across the Alaska Range. Behind you, the Chugach isn't just part of the view. Trails into Chugach State Park can be accessed literally from your backyard, putting miles of mountains and wilderness outside your door. There is a remarkable feeling of space here: seven acres of your own, the mountains immediately beyond, and an enormous western horizon in front of you. And much of the work required to turn a piece of hillside acreage into a buildable homesite has already been done. The driveway is in, the building pad has been established, electric utility is already on the property, and natural gas is adjacent. For all the solitude and sense of escape, you're not nearly as far from town as the setting would suggest. Carrs on Huffman is only about a 12-minute drive away. You can leave the grocery store and, minutes later, be standing on your own seven acres at the edge of Chugach State Park, looking across Cook Inlet toward Denali. It's difficult to find a property that offers this combination of mountains, sunlight, acreage and access without giving up the conveniences of living in Anchorage. This is a place to build around the setting--to create a home where the view, the trails and the Chugach become part of daily life.

16547 Snow Bear Drive, Anchorage

Listing Office Herrington and Company, LLC

13429 Karen Street, Anchorage
$595,000
4 Beds ⋅ 3 Baths ⋅ 26-11123 MLS
Exceptional value at just $221 per sq ft- an opportunity you won't want to overlook! Welcome to 13429 Karen Street--a beautifully transformed 4-bedroom, 3-bath home offering approximately 2,688 SF of thoughtfully renovated living space. This isn't a quick cosmetic remodel; quality craftsmanship, premium materials and exceptional attention to detail are evident throughout, including many improvements you won't immediately see. The entire main floor has warm radiant in-floor heat. The kitchen features refinished solid oak cabinetry, quartz countertops, stacked subway tile backsplash, custom walnut floating shelves, Bosch appliances and a KitchenAid downdraft gas cooktop. All three bathrooms were completely rebuilt from the studs using premium Wedi and Laticrete waterproofing systems beneath beautiful large-format tile, custom shower niches, glass enclosures and quality Moen and Kohler fixtures. Fresh paint, durable LVP and plush carpet, solid-core doors, updated trim and hardware, and dimmable recessed lighting continue throughout. The extensively renovated basement features reframed and insulated exterior walls, new drywall and finishes, hydronic baseboard heat and a code-compliant egress window creating a legal fourth bedroom. Outside, a distinctive architectural accent crafted from thermally modified ash hardwood adds warmth and character to the home's exterior. The beautifully maintained 9,000 SF cul-de-sac lot features a manicured lawn, large Trex entertaining deck with solar lighting, massive gated RV parking pad, storage shed and one-car garage. Enjoy direct access to the walking path behind the property and a 400 ft walk to Hamilton Park. 13429 Karen Street isn't simply updated--it's been thoughtfully transformed with substantial improvements both seen and unseen, creating a truly move-in-ready home designed to be enjoyed from day one. 1 year Home Warranty Included

13429 Karen Street, Anchorage

Listing Office Leading Edge Realty, LLC

11000 Lipscomb Street, Anchorage
$925,000
5 Beds ⋅ 4 Baths ⋅ 26-11068 MLS
Back on the Market! This well-loved Lower Hillside home is ready for its next chapter--and its next family. It's once again available and looking for the right buyer to make it theirs just in time for the New Year! Best value on Lower Hillside. Quiet, peaceful setting in a beautiful established neighborhood. Well-kept 5 bedroom, 3-1/2 bath home on 1.13 acres. Updates over the years include a remodeled kitchen and bathrooms, plus a new septic in 2020. The house is set on a beautiful lot with a circle drive. This house has quite the history and is full of character. The original structure--the south portion of the second and third floors--was built in 1952 on McKenzie Street in Turnagain. It rode out the 1964 Good Friday Earthquake when much of the neighborhood did not. In 1965 it was moved to this lot, a new first floor was built beneath it, and the old house was set on top. That is why the home still feels like two chapters of Anchorage history joined together. Look closely and you can see it: character in the lines, odd little details that only come from a house that has already lived a life. A photograph of the original house after the quake hangs in the waiting area at Simon & Seafort's downtown. Neighborhoods around it fell. This one stood--and then it was given a second address.

11000 Lipscomb Street, Anchorage

Listing Office Firebird Realty, LLC

6984 Avalanche Circle, Anchorage
$2,204,000
4 Beds ⋅ 5 Baths ⋅ 26-10930 MLS
This spectacular Custom Hillside Ranch showcases a masterfully planned luxury home, perfectly laid out for Alaskan indoor/outdoor living, high end entertaining and serious gear storage. Premium Architectural Features include a Great Room an open-concept space featuring soaring vaulted ceilings. Outdoor Living includes a massive 660 sq. ft. deck W/unobstructed views of city lights & Cook Inlet Chef's Culinary Hub is equipped with a premium steel appliance package, a central island, and a separate butler's pantry / prep kitchen to keep the main entertaining area clean. Advanced Multi-Vehicular Storage has an Oversized 3-Car Garage for primary passenger vehicles on the main level with 1352 sqft and a separate 610 Sq. Ft. Drive-In Toy Garage at the basement-level built explicitly to drive in and lock up four-wheelers, snowmachines, kayaks, and Alaskan outdoor gear. Functional layout with Four Full Bedrooms and Four Full Bathrooms configured with a main-floor primary wing and separate walk-out lower-level accommodations. Lower-Level Rec Hub: Features a combined gym/theater room and an isolated family room for hosting movie nights or working out.

6984 Avalanche Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group

000 Sunshine Loop, Anchorage
$208,000
26-10883 MLS
Opportunities like this rarely come along. At nearly 2,200 feet, this five acre Glen Alps parcel pairs a roughed in driveway with breathtaking views across the Anchorage Bowl, Cook Inlet, Fire Island, and distant peaks. Flattop, Powerline Pass, and the Chugach trail system are a short drive down, creating a remarkable setting for a one of a kind home. The southwest facing parcel offers five acres and measures approximately 330 feet by 660 feet. Its southern exposure brings excellent natural light, while the acreage provides room to design a true estate home with privacy, outdoor living space, and windows placed to take full advantage of the setting. A driveway has already been roughed in, giving the next owner a practical starting point. The location is equally special. A short drive down the mountain leads to the Glen Alps/Flattop parking area and access to Flattop, Powerline Pass, Blueberry Loop, and the wider Chugach State Park trail system. Hiking, skiing, trail running, mountain biking, snowshoeing, and berry picking are all within easy reach. Prior soil and perc testing has been completed. Natural gas is available at the adjacent site, electricity is reported at the lot line, and the property is zoned R-8 Rural Residential with access from a dedicated gravel road. Five acre parcels are already difficult to find in Anchorage. Add this elevation, the view, and immediate access to the alpine, and the opportunity becomes something truly uncommon. You don't come here to fit a house onto a lot. You come here to create something worthy of the setting.

000 Sunshine Loop, Anchorage

Listing Office Real Broker B Street

3321 Capstan Court, Anchorage
$789,000
5 Beds ⋅ 4 Baths ⋅ 26-10013 MLS
Welcome to 3321 Capstan Court! Tucked into a quiet cul-de-sac in South Anchorage's established Huffman/O'Malley neighborhood, this 5-bedroom, 3.5-bath home offers 3,782 square feet of living space. Fresh exterior paint went on in 2025, and in 2026 the whole interior was brought up to like-new condition with fresh paint and brand-new carpet and pad throughout Welcome to 3321 Capstan Court! Tucked into a quiet cul-de-sac in South Anchorage's established Huffman/O'Malley neighborhood, this 5-bedroom, 3.5-bath home offers 3,782 square feet of living space. Fresh exterior paint went on in 2025, and in 2026 the whole interior was brought up to like-new condition with fresh paint and brand-new carpet and pad throughout. Inside, the layout gives you room to breathe: flexible main-floor living space for everyday life and entertaining, a downstairs game room and bonus flex area perfect for a home office or gym, and a top floor dedicated entirely to an expansive master suite that feels like its own private retreat. Outside, a 0.19-acre lot and attached 2-car garage round out the package, all just minutes from the Seward Highway. With major updates already done and untouched, this is a rare opportunity to move into a spacious, established South Anchorage home that feels brand new from the moment you walk in.

3321 Capstan Court, Anchorage

Listing Office All Star Realty

18546 Osprey Circle, Anchorage
$1,490,000
5 Beds ⋅ 5 Baths ⋅ 26-9936 MLS
Perched on the hillside with sweeping, unobstructed views of Cook Inlet, the Alaska Range, Mt. Susitna & the city lights below, this custom-built home offers a rare combination of elevated design & everyday livability. From nearly every room, oversized windows frame views that never get old - whether it's the sun setting over the inlet or the mountains catching the first light of morning. Step across the bridge entry to a boldly painted red front door - a welcoming first impression that sets the tone for the home beyond it. Inside, 9-foot ceilings and an open, light-filled layout create a sense of space and calm. The kitchen is a true showpiece: rich cherry cabinetry, granite countertops, and a suite of upscale stainless appliances, including a 6-burner Viking gas range and a SubZero refrigerator, make it as functional as it is beautiful. Extensive oak hardwood flooring flows throughout the main living areas, adding warmth and craftsmanship at every turn. Each of the generously sized bedrooms offers its own private bath and walk-in closet, giving everyone room to spread out. Additional flexible spaces throughout the home are ready to become whatever fits your life best - a home office, media room, study, or hobby space, the choice is yours. An enclosed sunroom just off the main floor extends your living space outdoors while keeping you protected from the elements, offering a peaceful spot to enjoy the surrounding views in any season. This is more than a house with a view - it's a thoughtfully built home designed to make the most of its extraordinary setting. Come see for yourself what makes 18546 Osprey Circle so special. Schedule your private showing today. " 2 Furnaces from 2021 " All decks have been replaced with TREX (2019 & 2022) " Newer water heaters (2023 & 2025)

18546 Osprey Circle, Anchorage

Listing Office The Agency Anchorage

2 Unknown Street, Anchorage
$650,000
26-9892 MLS
Discover the perfect blend of privacy, space, and opportunity with this nearly 5-acre parcel nestled among mature trees in a peaceful setting. Ideally located near the desirable Equestrian Heights and Eaglebrook subdivisions, this exceptional property offers the tranquility of living with privacy while remaining close to schools, shopping, and everyday conveniences. Within a top-rated school district, this property presents endless possibilities. Whether you're dreaming of building a private estate surrounded by nature or exploring the potential to subdivide and develop multiple homes (subject to municipal approval), this acreage offers incredible flexibility for homeowners, builders, and investors alike. Rarely does a property combine such a sought-after location, natural beauty, and development potential. Don't miss your chance to bring your vision to life on this one-of-a-kind piece of land.

2 Unknown Street, Anchorage

Listing Office RMG Real Estate

12801 Langman Circle, Anchorage
$299,000
26-9576 MLS
3.54-acre homesite nestled among mature trees, offering privacy and room to create your ideal home. A substantial investment has already been made in site improvements, including a professionally constructed driveway and cul-de-sac, saving the next owner significant time and effort. Utilities have been extended to the rear of the lot and are ready to be brought to your future building site, while a private septic system will be needed. The HOA is just $67 per month and includes snow removal and access to the community well, adding convenience and value year-round. Whether you're envisioning a peaceful mountain retreat or your forever home, this beautiful wooded parcel offers the perfect blend of privacy, convenience, and build-ready potential.

12801 Langman Circle, Anchorage

Listing Office Congress Realty, Inc

7051 Lake O The Hills Circle, Anchorage
$1,150,000
4 Beds ⋅ 3 Baths ⋅ 26-9199 MLS
Welcome to a distinctive Lake Front home w/a PRIVATE HOA owned beach, park and lake amenities, including a secure boat, RV/TOY lot, this is not a home, it's a LIFESTYLE! Thoughtfully designed for comfort, entertaining, and everyday ease, called, LIFESTYLE! From the moment you arrive, the custom paver entry with a sailboat pattern and rebuilt front porch create a memorable first impression. Inside, a slate entry with mosaic detail introduces a warm, well-crafted interior with light American oak flooring, natural light throughout. The step-down living room is anchored by a 40,000 BTU gas fireplace with remote & thermostat control, complemented by matching slate surround details and views toward the water. Radiant heat beneath the slate flooring adds comfort underfoot, while the home's main heating is supported by a boiler with baseboard heat. The living and dining areas open beautifully to approximately 1,500 square feet of multi-level cedar decking w/built-in benches, a hot tub, and lake views. French doors & sliding doors with Phantom screens create seamless indoor-outdoor living, making the deck ideal for relaxing, entertaining, or enjoying the surrounding scenery. The remodeled kitchen offers an impressive blend of function and craftsmanship, featuring cherry cabinetry, green granite surfaces, two sinks, a soapstone farmhouse sink from Vermont, a Thermador gas range w/built-in grill and electric convection oven, Sub-Zero refrigerator with matching cherry panels, quiet dishwasher, trash compactor, two appliance garages, wine refrigerator, buffet bar, breakfast bar, & a built-in slide-out TV. The kitchen window frames a stunning lake view, while the open layout connects easily to the dining room and outdoor deck. Additional highlights include a wired Bose sound system serving the living room, kitchen, and deck; a custom bathroom with continued slate flooring & shower surround, glass enclosure, marble vanity, glass vessel sink, waterfall faucet, and custom mirror; a fourth bedroom currently used as an office & a built-in closet system; and a well-equipped utility room w/built-in cabinetry, utility sink, shelving, washer/dryer, and additional storage. The home also offers practical storage, including a spacious crawl space w/a vapor barrier and no reported flooding or wetness history. With custom finishes, lake views, flexible living spaces, and substantial outdoor entertaining areas, this property offers a rare combination of character, comfort, and lifestyle appeal. Welcome to LIFESTYLE LIVING!

7051 Lake O The Hills Circle, Anchorage

Listing Office Herrington and Company, LLC

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Properties of Alaska Real Estate Brokers of Alaska are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

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