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:134 day(s) ago
- Updated:November 11, 2025 at 03:41 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
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms 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 content scraping by unauthorized personnel is strictly prohibited. Copyright © 2025 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated November 11, 2025New listings near 16528 King's Way Drive
$149,000Pending2 beds 1 baths810 sq. ft.4333 San Ernesto Avenue #103A, Anchorage, AK 99508
MLS# 25-13973Listed by: ALASKA STATEWIDE REALTY CO- Coming Soon
$310,000Coming Soon2 beds 2 baths8141 Rovenna Street, Anchorage, AK 99518
MLS# 25-13975Listed by: JACK WHITE REAL ESTATE - New
$150,000Active2 beds 1 baths832 sq. ft.4510 Wright Street #17, Anchorage, AK 99507
MLS# 25-13971Listed by: PREMIER PROPERTIES, LLC - New
$190,000Active0.41 Acres6321 Wooded Circle, Anchorage, AK 99502
MLS# 25-13961Listed by: KELLER WILLIAMS REALTY ALASKA GROUP - New
$429,900Active6 beds 4 baths2,944 sq. ft.8121 Dagan Street, Anchorage, AK 99502
MLS# 25-13966Listed by: HERRINGTON AND COMPANY, LLC - New
$335,000Active0.52 Acres6243 Eula Street, Anchorage, AK 99518
MLS# 25-13956Listed by: JACK WHITE COMMERCIAL - New
$99,000Active0.16 Acres426 E 11th Avenue, Anchorage, AK 99501
MLS# 25-13902Listed by: HERRINGTON AND COMPANY, LLC - New
$490,000Active4 beds 2 baths1,944 sq. ft.20537 Ptarmigan Boulevard, Eagle River, AK 99577
MLS# 25-13950Listed by: KELLER WILLIAMS REALTY ALASKA GROUP - New
$345,000Active3 beds 2 baths1,184 sq. ft.3909 Resurrection Drive, Anchorage, AK 99504
MLS# 25-13949Listed by: REAL BROKER ALASKA - Coming Soon
$535,000Coming Soon3 beds 3 baths1720 Minerva Way, Anchorage, AK 99515
MLS# 25-13943Listed by: REAL ESTATE BROKERS OF ALASKA
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.