16528 King's Way Drive, Anchorage, AK 99516
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
16528 King's Way Drive,Anchorage, AK 99516
$1,159,000
- 8 Beds
- 9 Baths
- 7,553 sq. ft.
- Single family
- Active
Listed by: scott blair
Office: my favorite realty llc.
MLS#:25-11630
Source:AK_AMLS
Price summary
- Price:$1,159,000
- Price per sq. ft.:$153.45
About this home
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!
Contact an agent
Home facts
- Year built:2002
- Listing ID #:25-11630
- Added:172 day(s) ago
- Updated:December 19, 2025 at 03:27 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:9
- Full bathrooms:9
- Living area:7,553 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:2002
- Building area:7,553 sq. ft.
- Lot area:13.57 Acres
Schools
- High school:South Anchorage
- Middle school:Goldenview
- Elementary school:Bear Valley
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,159,000
- Price per sq. ft.:$153.45
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