$1,150,000

Residential Income In Anchorage

  • 8 Beds
  • 9 Baths
  • 7,316 Sqft
  • 13.0 Ac lot
  • Updated: June 15
  • 2
    Views for last 30 days
  • Source:
    Alaska Multiple Listing Service  MLS#26-1101

About the Property

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 des
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 concrete floors, metal siding, and a metal roof support four-season use with low-maintenance practicality. Separate access points, strong well water, and a three-car heated garage with RV parking further enhance usability. The pond and Little Rabbit Creek add a sense of calm and separation rarely found in income-capable properties this close to Anchorage.

Designed with B&B and retreat potential in mind, each bedroom was given ”something” unique so no space feels secondary. Bear Valley’s single-entry setting provides privacy and a true neighborhood feel, while still offering a 20-25 minute drive to the airport, midtown, and downtown Anchorage.
  • Property type

    Other

  • Year built

    2002

  • Price/sqft

    $157

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16528 Kings Way Drive, Anchorage, Alaska, United States View on Google Maps
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Alaska Statewide Realty Co - Anchorage

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Alaska Statewide Realty Co - Anchorage
Alaska, United States
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5
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2026
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Alaska Statewide Realty Co - Anchorage
Anchorage, Alaska, United States
View agency profile
Last updated
June 15
First listed
Jun 15
Listing reference
26-1101
Listing status
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