9321 Snow Bear Drive, Anchorage, AK 99516
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
9321 Snow Bear Drive,Anchorage, AK 99516
$1,195,000
- 7 Beds
- 5 Baths
- 4,712 sq. ft.
- Multi-family
- Active
Listed by: gary cox
Office: real broker alaska
MLS#:26-13881
Source:AK_AMLS
Price summary
- Price:$1,195,000
- Price per sq. ft.:$253.61
About this home
Duplex/Triplex? Exceptional fully remodeled 7-bedroom, 5-bath multi-unit Bear Valley Home offering rare flexibility for investment, multigenerational living, owner occupancy, and established rental-income potential. MILLION DOLLAR VIEWS. $4,000+ of rental income pays for approximately $625,000 of your mortgage (Buyer to Verify). Main house is full furnished Airbnb. Owner Finance may be possible. Rent two and live in one. Heck, rent them all!
Set in Anchorage's desirable Upper Hillside, this distinctive property combines a peaceful,forested setting with expansive views across Cook Inlet, Ted Stevens Anchorage International Airport, and the Anchorage skyline.
The elevated setting is ideal for those seeking a closer connection to nature without giving up access to Anchorage amenities. Surrounded by mature trees, mountain terrain, natural vegetation, and the ever-changing Alaska landscape, the property offers a private, retreat-like atmosphere in every season.
Hundreds of square feet of decks create exceptional outdoor living space for entertaining, morning coffee, sunset viewing, or simply enjoying the inlet, city lights, and dramatic Alaska skies. Nearby Bear Valley and Golden View trail access provides convenient opportunities for hiking, trail running, biking, skiing, snowshoeing, wildlife viewing, and exploring the Hillside.
The property includes a main home, in-law suite, and ADU cabin, creating numerous possibilities for extended family, long-term rental income, short-term rental use, owner occupancy, or a combination of personal and investment use. The in-law suite and ADU cabin have documented long-term rental history of approximately $4,000 per month. The main residence has documented Airbnb and off-season rental income exceeding $70,000 annually, with combined documented income exceeding $10,000 per month for several years.
The main home and ADU are offered furnished for move-in-ready living or turnkey rental use, including furnishings, dishes, flatware, linens, and household essentials. Three new or newer kitchens and five new or newer bathrooms provide outstanding flexibility for multiple households, guests, or tenants.
Major improvements include a new roof, new exterior paint, new driveway, new septic system, new windows, and a new boiler, plus many additional updates throughout. A rare opportunity to own a renovated, furnished, income-producing Bear Valley property with flexible multi-unit living, documented rental history, extensive outdoor living space, nearby recreation, and panoramic Cook Inlet and Anchorage views.
Buyer to independently verify all information, including square footage, rental history and income, expenses, furnishings to remain, zoning, permits, licensing, occupancy limits, utility availability, and permitted uses....
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Home facts
- Year built:1983
- Listing ID #:26-13881
- Added:5 day(s) ago
- Updated:November 12, 2026 at 05:00 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:4
- Living area:4,712 sq. ft.
Structure and exterior
- Roof:Asphalt, Composition, Shingle
- Year built:1983
- Building area:4,712 sq. ft.
- Lot area:1.16 Acres
- Foundation Description:Block
Schools
- High school:South Anchorage
- Middle school:Goldenview
- Elementary school:Bear Valley
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,195,000
- Price per sq. ft.:$253.61
- Tax amount:$12,510
Parking
- Parking description:Attached, Heated Garage, Tuck Under
- Garage:Yes
- Garage spaces:2
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 © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated November 12, 2026New listings near 9321 Snow Bear Drive
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