9321 Snow Bear DR, Anchorage, AK 99516
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9321 Snow Bear DR, Anchorage, AK 99516
9321 Snow Bear DR, Anchorage, AK 99516
9321 Snow Bear DR, Anchorage, AK 99516
9321 Snow Bear DR, Anchorage, AK 99516
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9321 Snow Bear DR Anchorage, AK 99516

7 Beds

5 Baths

4,712 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,712 sqft

Price per Sqft $286

MLS Listing ID 26-11584

Bedrooms 7

Full Baths 4

Three Quarter Bath 1

Construction Status Existing Structure

Year Built 1983

Annual Tax Amount $12,510

Lot Size 1.164 Acres

Acres 1.16

Source Alaska Multiple Listing Service

Property Description

Exceptional fully remodeled 7-bedroom, 5-bath multi-unit Bear Valley Family Compound 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). See more... 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.

Location

State AK

Area 25 - Dearmoun Rd - Potter Marsh

Zoning R10 - Residential Alpine/Slope

Direction E.on Rabbit Creek Rd, S. on Clarks Rd, which becomes Kings Way, L on Snow Bear.

Interior

Heating Baseboard, Natural Gas

Exterior

Parking Features Attached, Heated, Tuck Under

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Private

View City Lights, Mountains, Ocean, Unobstructed

Roof Type Composition,Shingle,Asphalt

Topography Sloping

Building

Lot Description Sloping

Lot Size Range 1.16

Sewer Septic Tank

Water Private

Construction Status Existing Structure

Schools

Elementary Schools Bear Valley

Middle Schools Goldenview

High Schools South Anchorage

Others

Tax ID 02043121000

Acceptable Financing AHFC, Cash, Conventional, FHA, VA Loan

Listing Terms AHFC, Cash, Conventional, FHA, VA Loan


Alaska MLS
Listed by Real Broker Alaska

NEARBY SCHOOLS & PROPERTIES

Lorrie Seward

Lorrie Seward

LUXURY Agent REALTOR® License ID: 102352

+1(907) 632-3661

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9321 Snow Bear DR