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$1,599,999
26-5338 MLS
Create your dream home on this nearly one-acre lot in Anchorage's Shangri-La neighborhood, with stunning views of the city skyline, Cook Inlet, and Sleeping Lady mountain. Partner with Crown Pointe Homes, Anchorage's premier custom home builder, to craft a bespoke residence tailored to your vision. Envision an elegant great room flowing into an open kitchen and dining area, seamlessly connected.. ...to outdoor decks that capture the breathtaking vistas. Retreat to a luxurious main-floor master suite, while a finished walk-out basement offers a spacious recreation room and three additional bedrooms. Customize every detail to reflect your unique style in this unparalleled setting.

16074 Mountain Air Drive, Anchorage

Listing Office Hayden Outdoors, LLC
$619,000
4 Beds ⋅ 3 Baths ⋅ 26-5220 MLS
BUILD INSTANT EQUITY!!! Traditional Hagmeier home with a fenced back yard, deck, fruit trees, and large shed with power. BIg kitchen with breakfast nook and pantry connected to family room with built-ins and fireplace. Huge living room with vaulted ceilings. Primary suite features mountain views, walk-in closet, and private bath with jetted tub. Needs a little love but ready for a new start!

2416 Brook Hill Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group of Wasilla
$1,265,000
4 Beds ⋅ 4 Baths ⋅ 26-5124 MLS
The Crescent by Hultquist Homes is a must-see! This stunning home checks all the boxes, offering a large, flat, usable .5-acre lot, cul-de-sac location, and a spacious 3-car garage. The main level features an office, open-concept living, dining, and kitchen area, plus a bedroom with a private bath. Upstairs, you'll find two additional bedrooms, a full bath, a flex room, and a spacious primary suite. Enjoy nearby trails for walking, biking, and hiking--all in a beautiful, desirable setting.

14520 Rockingham Circle, Anchorage

Listing Office Firebird Realty, LLC
$839,900
4 Beds ⋅ 4 Baths ⋅ 26-5087 MLS
Set on a rare and private .58-acre lot in Anchorage's desirable Hillside area, this one-of-a-kind custom home blends bold architectural design with exceptional energy efficiency. Located at 4401 Trapline Drive, this 4-bedroom, 3.5-bath residence offers over 4,000 square feet of thoughtfully designed living space with a focus on comfort, efficiency, and timeless style. Designed with energy performance in mind, the home features an advanced flat-roof design intended to reduce heat loss, massive 14-inch-thick exterior walls, quad-pane windows, and a unique forced-air in-floor heating system that creates a warm and efficient living environment throughout Alaska's seasons. From the moment you enter, the home makes a statement. A grand open entry with dramatic curved staircase and soaring openness creates an unforgettable first impression. Inside, the functional layout offers multiple living areas, a large formal dining space, and a dedicated office, providing flexibility for entertaining, working from home, or everyday living. Since purchasing the home, the current owners have extensively remodeled the kitchen and all bathrooms, blending modern finishes with the home's distinctive architectural character. The spacious lot provides a rare sense of privacy and room to breathe, while the accessible rooftop space above the garage presents exciting potential for a future rooftop deck, the perfect place to enjoy mountain views, sunsets, or outdoor entertaining. Conveniently located near South Anchorage amenities, trails, shopping, and schools, this property offers a rare combination of architectural uniqueness, modern updates, large-lot living, and energy-conscious construction that is difficult to replicate in today's market.

4401 Trapline Drive, Anchorage

Listing Office Ark Realty
$399,000
26-4699 MLS
A MUST SEE Easy Access Lot. Don't worry about traffic noise....Rabbit Creek runs right through the south end of this lot and will flood your south facing back yard with the sound of rolling water. Build your home with a south facing deck right next to the peaceful sound of rushing water. Access is the driveway cut east of the lot, and parrellel to Rabbit Creek Road across the front of the neighbors driveway. Or, easy walking access from rabbit Creek Road.

5910 Rabbit Creek Road, Anchorage

Listing Office Real Broker Alaska
$855,000
3 Beds ⋅ 4 Baths ⋅ 26-4638 MLS
Spectacular hillside home on nearly .75 acre w/sweeping inlet, mountain & sunset views. Impeccably maintained w/spacious 3-level layout ideal for multi-generational living. Features include wall of windows, fireplace, granite kitchen w/upgraded appliances, primary suite, multiple view decks, lower-level family room, flex space/office, hot tub deck & southern exposure near trails. NEW septic syst!

18701 France Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$2,142,800
4 Beds ⋅ 4 Baths ⋅ 26-4461 MLS
Welcome to your own exclusive homesite that offers a rare blend of luxury and natural beauty. Enjoy the serenity of a privately maintained cul-de-sac with panoramic views of the inlet and surrounding mountains, an ideal backdrop for your custom-built home. Find tranquility and daily connection to nature with Potter Highlands Walking Trail just outside your future doorstep.

L6 Panoramic Circle, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$249,000
26-4227 MLS
Stunning views- Total of 2 acres to build your dream home! City, inlet, mountain panoramic views! Go see this property- there is a switch back to walk up. Gas line adjacent, lot requires advanced septic system. Road maintained all year. 1.5 miles to school bus stop. Backs up to Chugach State Park. Enjoy scenic views all year long, short drive up the hill! BTV all information

L1-2 B1 Echo Hills, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$646,000
26-4190 MLS
21.89-acres of property in Potter Highlands. Beautiful mature trees & incredible view of the Chugach mountains. Gas, electric, telephone, and cable onsite or adjacent. Topo & test holes available. Some wetlands on property. 2022 appraisal $720,000.

TR A9 Potter Valley Road, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$289,500
26-3754 MLS
Ready to build your custom dream home in the sought-after Shangri-La neighborhood--your own private, secluded oasis. This 2.43 acre homesite features a cleared area approximately 150' from the front, with mature trees throughout for privacy. Enjoy panoramic city and mountain views, paved road access, and electric and natural gas on site, while staying within 25 minutes to downtown.

L22 Lost Horizon Drive, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$1,650,000
4 Beds ⋅ 6 Baths ⋅ 26-3144 MLS
Known as ''The Raven House'', this extraordinary custom mountain estate is perched high on a mountainside, nestled within a mature hemlock forest and offering a rare combination of privacy, craftsmanship, and self-sufficiency. Set on approximately 6 acres surrounded by breathtaking mountain scenery, the property features private trails leading directly to a peak summit overlooking Cook Inlet, Denali, Sleeping Lady, and the surrounding mountain ranges. Designed for those who seek space, tranquility, and exceptional quality over a conventional neighborhood setting, this is a property unlike any other in Anchorage. Thoughtfully engineered and meticulously constructed, the home showcases remarkable craftsmanship throughout. Expansive windows frame breathtaking panoramic views while filling the living spaces with natural light. Exposed timber accents, custom millwork, premium finishes, and carefully selected materials create a warm, refined interior that is both luxurious and inviting. Every element of the home reflects an uncompromising commitment to quality. Originally designed as a high-performance off-grid residence, the property features a sophisticated solar array, battery storage system, and backup generator that provide dependable year-round operation. With Chugach Electric now extending service to the area, future owners will also have the option of connecting to the electrical grid while retaining the benefits and flexibility of the existing energy systems. The professionally designed kitchen is equally suited for everyday living and entertaining, featuring custom cabinetry, Thermador appliances, stunning quartzite natural stone countertops, an oversized center island, and generous workspace. The spacious primary suite offers a private retreat with breathtaking views, an expansive walk-through closet, and spa-like amenities. Additional bedrooms and flexible living spaces provide exceptional versatility for family, guests, remote work, or hobbies. Outside, the home blends seamlessly into its mountain surroundings. Native vegetation complements the natural landscape while requiring minimal maintenance, allowing the focus to remain on the spectacular setting. A custom cedar sauna, abundant wildlife, and expansive mountain views create a lifestyle that is as peaceful as it is adventurous. Despite its secluded setting, the property is located just 13 minutes from grocery shopping, dining, and everyday conveniences, offering an experience that feels a world away without sacrificing accessibility. Whether you're enjoying a quiet sunrise over the mountains, hiking directly from your own property to breathtaking summit views, working from home surrounded by nature, or entertaining friends in an unforgettable setting, this home offers a lifestyle that is nearly impossible to replicate. This is far more than a luxury home--it's an opportunity to own one of Anchorage's most distinctive private mountain estates.

7990 Paine Road, Anchorage

Listing Office Herrington and Company, LLC
$260,000
26-3096 MLS
Looking for a private and quiet luxury homesite with expansive views overlooking the Chugach Mountains, city lights, and Denali? Come and bask in the beauty of an old-growth hemlock forest -- away from the traffic and noise of town. Each lot offers multiple build sites to choose from, and Lot 1 sits on 4.6 acres of stunning Alaska landscape. Roads are maintained year-round, gas and electric are adjacent to the lots, and perc, soils, and adjacent well information are available. No HOA or CC&Rs means the freedom to build on your terms. Less than 20 minutes from amenities, yet a world away from the ordinary. Bring your builder and come on up.

L3 Paine Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$1,252,700
4 Beds ⋅ 3 Baths ⋅ 26-3061 MLS
Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

L1 Paine Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$1,239,015
4 Beds ⋅ 3 Baths ⋅ 26-2883 MLS
Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

L3 Paine Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$998,560
3 Beds ⋅ 2 Baths ⋅ 26-2838 MLS
Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

L2 Paine Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$209,000
26-2798 MLS
Discover the ideal setting for your custom dream home in this quiet cul-de-sac just off Rabbit Creek Rd for convenient access to nearby schools, shopping & everything Anchorage offers. This generous 1.48-acre (64,547 SF) homesite provides the space, privacy & scenery you need to design a home that truly fits your vision. Enjoy stunning inlet & mountain views, underground utilities, no HOA only a modest annual $225 fee for road maintenance that includes plowing & sanding, you'll have the freedom to build while still benefiting from essential services. Municipality-approved locations for the well and septic systems are already established, helping streamline the building process. Bring your plans and creativity this remarkable lot is ready for your custom home.

L5 Snow Flake Circle, Anchorage

Listing Office The Agency Anchorage
$315,000
26-2552 MLS
Ultra view Tract 2B on the bluff overlooking Inlet, Anchorage and Rabbit Creek Greenbelt. Located at the north end of Goldenview Drive in South Anchorage. 43,586 square foot parcel ready for your new home. Partially cleared. Has survey & soil tests completed with new plat. Lots of maps and information to view. Walk & view this site today.

L2B Goldenview Drive, Anchorage

Listing Office RE/MAX Dynamic Properties
$229,000
26-2485 MLS
Build Your Hillside Masterpiece: 2 Acres of Privacy & Convenience! Experience the perfect blend of secluded Alaskan beauty and modern accessibility. Nestled off De Armoun Road on a quiet, mid-hillside well-maintained lane, this rare 2-acre property is surrounded by custom estates and mature trees. With two legal lots, you get the best of both worlds: a buildable front lot ready for development (2020 perc completed) and a second lot serving as a lush, natural wetland buffer for permanent privacy. Ready to go: Gas, electric, and community well nearby. Prime Location: Minutes from top-rated schools and trail systems, yet feels worlds away. Don't miss one of the last great opportunities in South Anchorage's most sought-after neighborhood.

000 Von Scheben Drive, Anchorage

Listing Office CAMALASKA Real Estate Services
$325,000
26-2133 MLS
Stunning Buildable Lot in Prominence Pointe - Anchorage, AK Welcome to Prominence Pointe, one of South Anchorage's most desirable hillside neighborhoods. This 0.57-acre vacant lot is a rare opportunity to build your dream home surrounded by upscale properties, natural beauty, and breathtaking views of the mountains and water. Gently sloped and ready for development, the lot offers the ideal setting for a custom build with room for spacious living and outdoor enjoyment. With public utilities available and paved road access, you'll enjoy both convenience and serenity just minutes from hiking trails, schools, and city amenities. Don't miss your chance to create something truly special in this beautiful Anchorage location.

000 Prominence Pointe Drive, Anchorage

Listing Office Real Broker Alaska
$225,000
26-1578 MLS

12610 Glen Alps Road, Anchorage

Listing Office Alaska Real Estate Associates, LLC
$1,150,000
26-1102 MLS
One-of-a-kind experiential property designed for vision-driven ownership. Eight-bedroom layout supports boutique lodge, retreat center, or creative live/work use. Penthouse great room, pond and creek frontage, multi-level decks, and expansion potential create a setting where architecture, landscape, and income opportunity converge in Bear Valley. Imagined from raw land, this Bear Valley property was designed as a flexible, experience-driven asset rather than a conventional residence. With over 7,500 square feet on 13.57 acres, the eight-bedroom, nine-bath structure supports a wide range of potential uses, including boutique lodge, retreat center, live/work compound, or creative hospitality concept. The layout emphasizes separation, flow, and adaptability. A penthouse-style great room anchors the top floor, while multiple private suites with decks and patios allow for varied occupancy models. Radiant-floor heat, concrete construction elements, metal siding and roofing, and strong infrastructure provide a durable foundation for continued refinement or repositioning. The surrounding land adds meaningful long-term optionality. The owner transformed a previously wet downhill into a tranquil pond and creek frontage, creating a natural focal point for gatherings, trails, or future amenities. The balance of privacy, access, and proximity to Anchorage makes the property rare within the market. Bear Valley itself functions like a small mountain communityno commercial strip, a single entrance, and a setting that feels remote while remaining connected. For entrepreneurs or operators seeking a distinctive Alaska asset with presence, flexibility, and expansion potential, this property offers a compelling foundation.

16528 Kings Way Drive, Anchorage

Listing Office Alaska Statewide Realty Co
$1,150,000
8 Beds ⋅ 9 Baths ⋅ 26-1100 MLS
Custom-built Bear Valley mountain lodge on 13.57 acres, designed from raw land to frame mountains, water, and Alaska's light. Penthouse-style great room, floating decks, radiant concrete floors, and artisan details throughout. Wildlife, northern lights, and total privacy feel worlds away, yet just 20-25 minutes from Anchorage.Adjacent 3-acre parcel available separately for $150,000. Every arrival feels like coming home to your own mountain lodge, where the first things you notice are the silence, the sky, and the sweep of mountains, city lights, and water stretching out in front of you. Perched in Bear Valley on 13.57 acres and boasting over 7,500 square feet, this eight-bedroom, nine-bath home was not just builtit was imagined from raw land and designed to frame everything that makes Alaska feel magical: the mountains, the water, the valley, the animals, the light. From the beginning, the owner/builder chose this spot because it was one of the rare parcels where you can see both the mountains and the water at once. The vision extended to the transformation of a wet, low downhill from the house into the tranquil pond and creek frontage that now define the property. Life here is a front-row seat to wild Alaska: Imagine September evenings with a dozen moose calling to each other in the brush, the occasional bear ambling through the driveway, and a lynx stepping lightly across the little bridge by the pond, and locking eyes with you from just a few feet away. On winter nights, the northern lights can feel so close on the upper deck that they seem to rest in the palm of your hand, while a full moon hangs over the back valley outside the primary suite's floating deck. Summer sunsets pour through thoughtfully placed glass blocks, so that even from interior rooms you catch the glow and know that it's time to step out and watch the sky turn pink over Cook Inlet. Inside, the top floor has the possibilities of a true penthouse retreat: a big, light-filled Great Room opening to decks and a "hideaway" bedroom designed as an owner's sanctuary, with the rest of the house intentionally built for communityfamily, guests, or travelers. Radiant-floor heat, multi-level floating decks, and small "Juliet" balconies make everyday living feel easy and connected; you can step out to greet arriving guests from above, wave hello while they unload, and still enjoy your own quiet until you're ready to come down. Designed with B&B potential, with 6(??) bedrooms with ensuite baths, private decks or patios for every bedroom, and flexible shared spaces throughout, the property easily becomes a boutique lodge, high-end Airbnb, retreat center, or multi-generational estateeach bedroom was given "something" special and unique in its design and access, so no one feels left out. The home was designed with future upgrade potential in mind: with rock-solid bones and high-end practical features (in-floor heat, metal siding and roof, etc), continued aesthetic improvement to the interior and grounds could create a unified luxury custom home. The three-car heated garage, RV parking, and durable concrete, metal siding, and metal roof support serious four-season living, with Little Rabbit Creek and a pond as your constant soundtrack. Bear Valley itself feels like a small, exclusive mountain community with a single entrance, no commercial strip, and neighbors who think of themselves as living in their own little mountain townyet you're still within very easy reach of the city, with a reasonable 20-25 minute drive to the airport, midtown, or downtown. Beyond what's already built, there is a sense of unfinished possibility in the land: imagine a loop trail for walking or cross-country skiing, tucked-away gathering spots by the rushing creek, maybe even a partially sunken, domed greenhouse that uses diverted water to keep a lush interior space alive year-round. Whether you're dreaming of an income-producing property, a base for big family holidays, a boutique B&B, or simply a place where you feel proud every time you walk through the door, this home offers not just rooms and acreage, but a whole landscape of experiences waiting to be lived.

16528 Kings Way Drive, Anchorage

Listing Office Alaska Statewide Realty Co
$550,000
3 Beds ⋅ 2 Baths ⋅ 25-12943 MLS
Contractors special!! Needs about another $100k in work and the homes will be valued at $800k (Equity!). Downstairs of home is still livable and in good shape! 1800 sqft shop with 2 carlifts! upstairs needs completing to make it your dreahome! You can hear the creek in the backyard! Cars to be removed before closing!

4600 De Armoun Road, Anchorage

Listing Office Real Broker Alaska
$450,000
25-11974 MLS
Level lot. 1.9 acres. Zoning : residential home with add, vet office, assisted living

3025 Huffman Road, Anchorage

Listing Office Herrington and Company, LLC
$179,900
25-11470 MLS
Potter Highlands offers a serene retreat just outside the bustle of Anchorage, where breathtaking mountain views meet the vast expanse of Cook Inlet. Build your custom home nested into the Alaskan landscape.

0000 Potter Highlands Drive, Anchorage

Listing Office CORE Real Estate Group, LLC.
$285,000
25-11400 MLS
Welcome to your own exclusive homesite at the end of a privately maintained cul-de-sac. Enjoy panoramic views of the inlet and surrounding mountains, an ideal backdrop for your custom-built home. A rare blend of luxury and natural beauty high above Anchorage, find tranquility and serenity with Potter Highlands Walking Trail just outside your future doorstep.

L7 Panoramic Circle, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$265,000
25-11399 MLS
Welcome to your own exclusive homesite on a privately maintained cul-de-sac, offering a rare blend of luxury and natural beauty high above Anchorage. Backing to open space, enjoy the peaceful views of the mountains and inlet, an ideal backdrop for your custom-built home. Find serenity or outdoor adventure with Potter Highlands Walking Trail just outside your doorstep.

L6 Panoramic Circle, Anchorage

Listing Office Berkshire Hathaway HomeServices Alaska Realty
$95,000
25-11193 MLS
This undeveloped parcel offers no HOA and no Covenants. Lower South Hillside. Wooded 0.63 acres with Elmore Creek running across the back. Heavily treed parcel ready for your new house. Very private and secluded at end of road. Lots of maps and information to review. View and walk this site today.

Lot 102 NW Loc Sault Avenue, Anchorage

Listing Office RE/MAX Dynamic Properties
$180,000
25-10562 MLS
Looking for a private and quiet luxury homesite with expansive views overlooking the Chugach Mountains, city lights, and Denali? Come and bask in the beauty of an old-growth hemlock forest -- away from the traffic and noise of town. Each lot offers multiple build sites to choose from, and Lot 1 sits on 4.6 acres of stunning Alaska landscape. Roads are maintained year-round, gas and electric are adjacent to the lots, and perc, soils, and adjacent well information are available. No HOA or CC&Rs means the freedom to build on your terms. Less than 20 minutes from amenities, yet a world away from the ordinary. Bring your builder and come on up.

L2 Paine Circle, Anchorage

Listing Office Keller Williams Realty Alaska Group
$199,900
25-9848 MLS
2 consecutive lots available in Susitna View Estates. Stunning Views of Cook Inlet, Potters Marsh & Alaska Range. Previously permitted for well & septic. Ready for your new dream view home. No CCR's. Large vacant parcel of land W of this lot is part of the MOA Heritage Land Bank there is no intent to develop. Lots also available separately for $120,000.

L9 & L10 Feodosia Drive, Anchorage

Listing Office RE/MAX Dynamic Properties
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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: