16528 Kings Way DR Anchorage, AK 99516
8 Beds
9 Baths
7,316 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,316 sqft
Price per Sqft $157
MLS Listing ID 26-1100
Style Multi-Level
Bedrooms 8
Full Baths 9
Construction Status Existing Structure
Year Built 2002
Annual Tax Amount $15,150
Lot Size 13.572 Acres
Acres 13.57
Source Alaska Multiple Listing Service
Property Description
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.
Location
State AK
Area 25 - Dearmoun Rd - Potter Marsh
Zoning R10 - Residential Alpine/Slope
Direction From Downtown Anchorage: Follow AK-1 S to Old Seward Hwy. Take the Old Seward Hwy exit from AK-1 S 9.1 mi Take Rabbit Creek Rd and Clarks Rd to your destination on Right 5.7 mi
Body of Water Little Rabbit Creek
Interior
Interior Features Basement, BR/BA on Main Level, BR/BA Primary on Main Level, In-Law Floorplan
Heating Natural Gas, Radiant Floor
Exterior
Exterior Feature Horse Property, In City Limits, Storage, View
Parking Features RV Parking, Attached
Garage Spaces 3.0
Garage Description 3.0
Water Access Desc Well
View City Lights, Inlet, Mountains, Unobstructed
Roof Type Metal
Topography Level,Gently Rolling,Sloping
Porch Deck/Patio
Building
Lot Description Gently Rolling, Level, Sloping
Foundation Slab
Lot Size Range 13.57
Sewer Septic Tank
Water Well
Architectural Style Multi-Level
Construction Status Existing Structure
Schools
Elementary Schools Bear Valley
Middle Schools Goldenview
High Schools South Anchorage
Others
Tax ID 0205610700001
Acceptable Financing 1031 Exchange, AHFC, Cash, Conventional, Owner Finance, VA Loan
Listing Terms 1031 Exchange, AHFC, Cash, Conventional, Owner Finance, VA Loan
NEARBY SCHOOL & BUSINESS
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