Anchorage, AK 99516,16528 King's Way DR
Anchorage, AK 99516,16528 King's Way DR
Anchorage, AK 99516,16528 King's Way DR
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Elite Real Estate Group

Elite Real Estate Group

$1,173,000
Est. payment /mo
8 Beds
9 Baths
7,553 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 7,553 sqft

Price per Sqft $155

MLS Listing ID 25-11630

Style Multi-Level

Bedrooms 8

Full Baths 9

Construction Status Existing Structure

Year Built 2002

Lot Size 13.572 Acres

Acres 13.57

Source Alaska Multiple Listing Service

Property Description

ESCAPE TO THIS BEAR VALLEY RETREAT! - Tucked high in the sought-after Bear Valley of Anchorage, this extraordinary retreat offers the best of Alaska living - sweeping mountain vistas, unmatched privacy, and endless opportunity. Bear Valley is renowned for its beauty, serenity, and proximity to the city while still feeling a world away. Now, you are invited to experience this remarkable setting and imagine it as your own.

Set on over 13 pristine acres - with an additional 3-acre parcel available - this 7,550 sq. ft. residence is more than a home; it's a canvas for possibility. A meandering creek and a private pond grace the property, creating a tranquil environment where the sounds of flowing water and the sight of visiting moose, bears, eagles, and other wildlife make each day feel like a true Alaskan escape.

The property can be operated as a successful bed and breakfast, with extended-stay and long-term rental potential. Rooms currently rent for over $1,000 per month for the winter season, underscoring the strong investment appeal. With its expansive square footage, thoughtful layout, and incredible views, the home also offers the opportunity to complete updates and finishing touches for more income potential or transforming it into a grand personal residence.

From the moment you arrive, you'll feel the sense of retreat - the kind of place where guests never want to leave. Towering mountains, Alaskan wilderness, and endless skies create a backdrop that changes with every season. Here, your vision can take root: a welcoming lodge, a family compound, a luxury rental, or your own statement home in one of Anchorage's most desirable settings.

Bear Valley is calling. Come stay, breathe, and take it in. You may never want to leave - and the good news is, you don't have to. Call and set up a showing today!

Location

State AK

Area 25 - Dearmoun Rd - Potter Marsh

Zoning R10 - Residential Alpine/Slope

Direction From Anchorage take Hwy 1 to Old Seward Hwy/Rabbit Creek Rd exit, turn Left. Follow for approximately 3 miles and turn Right onto Clarks Rd. Stay Right on Clarks Rd/Kings Way Dr, property on Right.

Body of Water Little Rabbit Creek

Exterior

Parking Features Attached, Heated

Garage Spaces 3.0

Garage Description 3.0

View City Lights, Inlet, Mountains

Roof Type Metal

Topography Level,Gently Rolling,Sloping

Building

Lot Description Gently Rolling, Level, Sloping

Foundation Slab, None

Lot Size Range 13.57

Sewer Septic Tank

Architectural Style Multi-Level

Construction Status Existing Structure

Schools

Elementary Schools Bear Valley

Middle Schools Goldenview

High Schools South Anchorage

Others

Tax ID 0205610700001


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Alaska MLS
Listed by My Favorite Realty LLC

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Elite Real Estate Group

Elite Real Estate Group

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