16528 Kings Way Drive, Anchorage, AK 99516

Anchorage
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
16528 Kings Way Drive,Anchorage, AK 99516
$1,150,000
  • 8 Beds
  • 9 Baths
  • 7,316 sq. ft.
  • Multi-family
  • Active
Listed by: drew p jones
Office: alaska statewide realty co
MLS#:26-1101
Source:AK_AMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$157.19

About this home

Purpose-built residence that functions as a small multifamily while retaining single-family zoning. Multiple private suites with ensuite baths and decks allow flexibility for owner-occupants, guests, or rentals. Radiant heat, durable metal roof and siding, strong well water, and thoughtful separation support B&B, retreat, or income-producing use.This Bear Valley property was intentionally designed for flexibility, privacy, and shared livingmaking it uniquely well suited for owner-operators, multi-generational households, or small-scale hospitality use. Set on 13.57 acres with over 7,500 square feet, the eight-bedroom, nine-bath layout offers multiple private suites, many with ensuite baths and decks or patios, allowing occupants to live independently while remaining part of a cohesive property. The top floor functions as a penthouse-style owner's retreat, while the rest of the home was thoughtfully built to support guests, renters, or extended family. Radiant-floor heat, durable...

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Home facts

  • Year built:2002
  • Listing ID #:26-1101
  • Added:97 day(s) ago
  • Updated:May 14, 2026 at 02:24 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:7,316 sq. ft.

Structure and exterior

  • Year built:2002
  • Building area:7,316 sq. ft.
  • Lot area:13.57 Acres
  • Foundation Description:Block, Slab

Schools

  • High school:South Anchorage
  • Middle school:Goldenview
  • Elementary school:Bear Valley

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$157.19
  • Tax amount:$15,150

Parking

  • Parking description:Attached
  • Garage:Yes
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