3201 Spenard Road, Anchorage, AK 99503
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
3201 Spenard Road,Anchorage, AK 99503
$721,500
- 1.07 Acres
- Lots / Land
- Active
Listed by: billy hughes, leah santa ana
Office: real broker b street
MLS#:25-4327
Source:AK_AMLS
Price summary
- Price:$721,500
About this home
Rare opportunity to acquire a 46,426 sq ft assemblage in the vibrant Spenard neighborhood. Recently approved for both replat and rezoning to B-3, this property now offers a single, cohesive parcel ideal for high-density residential and mixed-use development. Formerly three contiguous lots, internal boundaries and an unused utility easement have been removed, maximizing the site's potential in oneStrategically located with dual access from Spenard Road and 32nd Avenue, all public utilitieswater, sewer, gas, and electricare adjacent to the site. Inspired by the highly successful 3600 Spenard development by Cook Inlet Housing and KPB Architects, this location is ideal for a transformative project incorporating residential units with ground-floor commercial spaces.
Developers can capitalize on Anchorage's "10,000 Homes in Ten Years" initiative and recently enacted tax abatements offering up to 15 years of relief for qualifying multifamily projects of eight or more units. This property represents a unique chance to contribute significantly to the city's housing goals and enjoy attractive municipal incentives.
Don't miss this strategic investment poised for exceptional growth and community impact.
Contact an agent
Home facts
- Listing ID #:25-4327
- Added:299 day(s) ago
- Updated:February 10, 2026 at 03:24 PM
Structure and exterior
- Lot area:1.07 Acres
Utilities
- Water:Pub Wtr - Adj Site
- Sewer:Sewer - Adj Site
Finances and disclosures
- Price:$721,500
- Tax amount:$12,000
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