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16528 Kings Way Drive

Anchorage, AK 99516
  • $1,150,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 26-1102
UPDATED: 29 min ago
$1,150,000
  • 0
    BEDS
  • 13.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,316
    SQFT
  • $157
    $/SQFT
Type:
Commercial
Built:
2002

School Ratings & Info

Description

One-of-a-kind experiential property designed for vision-driven ownership. Eight-bedroom layout supports boutique lodge, retreat center, or creative live/work use. Penthouse great room, pond and creek frontage, multi-level decks, and expansion potential create a setting where architecture, landscape, and income opportunity converge in Bear Valley. Imagined from raw land, this Bear Valley property was designed as a flexible, experience-driven asset rather than a conventional residence. With over 7,500 square feet on 13.57 acres, the eight-bedroom, nine-bath structure supports a wide range of potential uses, including boutique lodge, retreat center, live/work compound, or creative hospitality concept. The layout emphasizes separation, flow, and adaptability. A penthouse-style great room anchors the top floor, while multiple private suites with decks and patios allow for varied occupancy models. Radiant-floor heat, concrete construction elements, metal siding and roofing, and strong infrastructure provide a durable foundation for continued refinement or repositioning. The surrounding land adds meaningful long-term optionality. The owner transformed a previously wet downhill into a tranquil pond and creek frontage, creating a natural focal point for gatherings, trails, or future amenities. The balance of privacy, access, and proximity to Anchorage makes the property rare within the market. Bear Valley itself functions like a small mountain communityno commercial strip, a single entrance, and a setting that feels remote while remaining connected. For entrepreneurs or operators seeking a distinctive Alaska asset with presence, flexibility, and expansion potential, this property offers a compelling foundation.

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Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Team Dimmick | Keller Williams Realty Alaska Group 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 information was last updated on: 2026-05-18T17:36:37.447.

www.teamdimmick.com/homes/172920649
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16528 Kings Way Drive Anchorage, AK 99516

  • Price: $1,150,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 29 min ago
  • MLS #: 26-1102
0
Beds
0
Baths
0
½ Baths
13.57
Acres
7,316
SQFT
$157
$/SQFT
2002
Built
Neighborhood:
Dearmoun Rd - Potter Marsh
Area:
Dearmoun Rd - Potter Marsh
Property Description
One-of-a-kind experiential property designed for vision-driven ownership. Eight-bedroom layout supports boutique lodge, retreat center, or creative live/work use. Penthouse great room, pond and creek frontage, multi-level decks, and expansion potential create a setting where architecture, landscape, and income opportunity converge in Bear Valley. Imagined from raw land, this Bear Valley property was designed as a flexible, experience-driven asset rather than a conventional residence. With over 7,500 square feet on 13.57 acres, the eight-bedroom, nine-bath structure supports a wide range of potential uses, including boutique lodge, retreat center, live/work compound, or creative hospitality concept. The layout emphasizes separation, flow, and adaptability. A penthouse-style great room anchors the top floor, while multiple private suites with decks and patios allow for varied occupancy models. Radiant-floor heat, concrete construction elements, metal siding and roofing, and strong infrastructure provide a durable foundation for continued refinement or repositioning. The surrounding land adds meaningful long-term optionality. The owner transformed a previously wet downhill into a tranquil pond and creek frontage, creating a natural focal point for gatherings, trails, or future amenities. The balance of privacy, access, and proximity to Anchorage makes the property rare within the market. Bear Valley itself functions like a small mountain communityno commercial strip, a single entrance, and a setting that feels remote while remaining connected. For entrepreneurs or operators seeking a distinctive Alaska asset with presence, flexibility, and expansion potential, this property offers a compelling foundation.
Exterior Features

Exterior Finish Metal3 Yes Foundation Details BlockSlab Roof Metal

Interior Features

Flooring [] Heating Natural Gas Yes Heating Radiant Floor Yes

Property Features

Construction Materials [] Foreclosure Bank Own No Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes Listing Terms Financing Owner Finance Yes Listing Terms VALoan Yes MLSArea Major 1A - Anchorage Municipality New Construction YN No Other Structures [] Property Info Building Status Leased Property Info Construction Status Existing Structure Property Sub Type Single Use Security Features [] Sewer Septic Tank View [] Water Source Well Zoning R10 - Residential Alpine/Slope

Alaska MLS logo Listing Office Alaska Statewide Realty Co: 907-300-6802. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Team Dimmick | Keller Williams Realty Alaska Group 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 information was last updated on: 2026-05-18T17:36:37.447.

 
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Team Dimmick | Keller Williams Realty Alaska Group
1400 W Benson Blvd Suite 370
Anchorage AK, 99503