$1,150,000
16528 Kings Way Drive, Anchorage, AK 99516
- MLS#: 26-1102
- Status: Active
- Days on Market: 125
- Beds: 0
- Baths: 0
- 7,316 sq.ft.
- Year Built: 2002
- 13 acres
- Garage/Carport: 0 / 0
Property Details
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.
More Details
- Property Type:
- Lot Size:
- Heat Type:
- Roof:
- Sewer:
- Construction Status:
- Neighborhood:
- Foreclosure:
- Zoning:
- GPS (Lat/Long):
- Commercial
- 591,109 sq.ft.
- Natural Gas, Radiant Floor
- Metal
- Septic Tank
- Existing Structure
- 1A - Anchorage Municipality
- No
- R10 - Residential Alpine/Slope
- 61.0702, -149.72
Listing Office
Alaska Statewide Realty Co