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Bear Valley Homes for Sale

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  • /65

    $1,299,900 Coming Soon

    • 4 Beds
    • 3.5 Baths
    • 2,925 Sq Ft

    8144 Marino Dr, Anchorage, AK 99516

    Stunning 2024 custom home at end of quiet rd w/privacy & sweeping Denali/city light views. Triple-pane windows, porcelain tile, in-flr heat, chef's kitchen w/quartz & granite, dramatic 2-story entry. 500+ sf master ste, Full MIL apt w/priv entry. 944 sf 3-car gar, RV pkg, Trex deck. Landscaped lot, quality finishes. See full description supplement in docs.

    Agent Photo

    Nate Baer

    LPT Realty

    (844) 912-3361

    8144 Marino Dr, Anchorage, AK 99516
  • /31

    $1,750,000

    • Land
    • 143 Acres
    • $12,238 per Acre

    8460 Paine Rd, Anchorage, AK 99516

    Seize the opportunity to own an extraordinary 143-acre parcel nestled in the breathtaking mountains of South Anchorage, Alaska. This rare and expansive property boasts unrivaled 360-degree panoramic views, encompassing the vibrant Anchorage city skyline, the serene waters of Cook Inlet, and the awe-inspiring peaks of the Kenai and Chugach Mountains. Multiple points of access! This is an

    Teresa Moss Hayden Outdoors, LLC

    8460 Paine Rd, Anchorage, AK 99516
  • /26

    $1,252,700

    • 4 Beds
    • 2.5 Baths
    • 2,670 Sq Ft

    L1 Paine Cir, Anchorage, AK 99516

    Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

    Liz Steele Keller Williams Realty Alaska Group

    L1 Paine Cir, Anchorage, AK 99516
  • /109

    $1,950,000

    • 4 Beds
    • 6 Baths
    • 5,360 Sq Ft

    7990 Paine Rd, Anchorage, AK 99516

    Tucked into nearly six acres of pristine hemlock forest in Bear Valley, this newly constructed luxury home is a true masterpiece of custom craftsmanship and thoughtful design. With breathtaking views of Denali, the Anchorage Bowl, Cook Inlet, and the surrounding mountains, every inch of this property was built to inspire and impress. From the moment you arrive, you'll notice the incredible

    Jonathon Wagner Herrington and Company, LLC

    7990 Paine Rd, Anchorage, AK 99516
  • /14

    $55,000

    • Land
    • 0.48 Acre
    • $114,583 per Acre

    L4A B11H Rabbit Creek View Dr, Anchorage, AK 99516

    Build your dream home! This half acre lot comes with views of the inlet, city & mountains. Tucked away in the Chugach Mountains giving you the remote feel, all while being close enough to the city for your convenience. Part of 4 adjoining lots being sold separately. See other listings. Gas and Electric near lot.

    Janis Tolbert Herrington and Company, LLC

    L4A B11H Rabbit Creek View Dr, Anchorage, AK 99516
  • /23

    $400,000

    • Land
    • 22.81 Acres
    • $17,536 per Acre

    16533 Snow Bear Dr, Anchorage, AK 99516

    ** Below Assessed Value ** Own over 22 acres across three stunning south-facing lots at the top of Anchorage, offering unobstructed panoramic vistas of the Chugach Mountains, Cook Inlet, Sleeping Lady, and the west side mountains.Bordered by Chugach State Park to the north, this property promises serenity, privacy, and endless possibilities for your dream home, estate, or development. Gas and

    Gregg Dunlap Hayden Outdoors Real Estate

    16533 Snow Bear Dr, Anchorage, AK 99516
  • /15

    $1,239,015

    • 4 Beds
    • 3 Baths
    • 2,235 Sq Ft

    L3 Paine Cir, Anchorage, AK 99516

    Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

    Liz Steele Keller Williams Realty Alaska Group

    L3 Paine Cir, Anchorage, AK 99516
  • /28

    $65,000

    • Land
    • 0.44 Acre
    • $147,727 per Acre

    L2A B11H Rabbit Creek View Dr, Anchorage, AK 99516

    Build your dream home! This half acre lot comes with views of the inlet, city & mountains. Tucked away in the Chugach Mountains giving you the remote feel, all while being close enough to the city for your convenience. Part of 4 adjoining lots being sold separately. See other listings. Gas and Electric Near lot

    Janis Tolbert Herrington and Company, LLC

    L2A B11H Rabbit Creek View Dr, Anchorage, AK 99516
  • /2

    $798,500

    • 3 Beds
    • 3 Baths
    • 2,263 Sq Ft

    7920 Byron Dr, Anchorage, AK 99516

    Here is another well built home brought to you by TI Building Group. Striking features inside and out and unobstructed views of the city, mountains and inlet. 3 bedrooms,3 bathrooms, 4 car tandem garage, all on a 20,846 sf lot. Custom finishes throughout include Quartz countertops, top of the line cabinetry, LVP flooring, and much more. Completion date set for April 30th 2026.

    Adrian Jaime Real Broker Alaska

    7920 Byron Dr, Anchorage, AK 99516
  • /11

    $225,000

    • Land
    • 4.6 Acres
    • $48,913 per Acre

    L1 Paine Cir, Anchorage, AK 99516

    Looking for a private & quiet luxury homesite w/ expansive views overlooking the Chugach mountains, city lights & Denali? Come and bask in the beauty of an old-growth hemlock forest away from the traffic & noise of town. Bring your builder & come on up. Each lot has multiple build sites to choose from. Less than 20 minutes from amenities but a world away from the ordinary. Lot 1 has 4.6 acres.

    Matt Dimmick Keller Williams Realty Alaska Group

    L1 Paine Cir, Anchorage, AK 99516
  • /123

    $1,150,000

    • 8 Beds
    • 9 Baths
    • 7,316 Sq Ft

    16528 Kings Way Dr, Anchorage, AK 99516

    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

    Drew Jones Alaska Statewide Realty Co

    16528 Kings Way Dr, Anchorage, AK 99516
  • /14

    $230,000

    • Land
    • 1.98 Acres
    • $116,162 per Acre

    L2A L3A L4 A L5a Rabbit Creek View Dr, Anchorage, AK 99516

    1.98 Acres with inlet Views. Nothing else like it on the Hillside. Only 15 minutes from downtown Anchorage but these views make it feel like it's a world away. This is 4 lots. Seller willing to sell together or separately.

    Janis Tolbert Herrington and Company, LLC

    L2A L3A L4 A L5a Rabbit Creek View Dr, Anchorage, AK 99516
  • /14

    $55,000

    • Land
    • 0.63 Acre
    • $87,302 per Acre

    L5 B11H Rabbit Creek View Dr, Anchorage, AK 99516

    Build your dream home! Views of the inlet, city & mountains. Tucked away in the Chugach Mountains giving you the remote feel, all while being close enough to the city for your convenience. Part of 4 adjoining lots being sold separately. See other listings. Gas and Electric close to Lot.

    Janis Tolbert Herrington and Company, LLC

    L5 B11H Rabbit Creek View Dr, Anchorage, AK 99516
  • /18

    $260,000

    • Land
    • 7.46 Acres
    • $34,853 per Acre

    L3 Paine Cir, Anchorage, AK 99516

    Looking for a private & quiet luxury homesite w/ expansive views overlooking the Chugach mountains, city lights & Denali? Come and bask in the beauty of an old-growth hemlock forest away from the traffic & noise of town. Bring your builder & come on up. Each lot has multiple build sites to choose from. Less than 20 minutes from amenities but a world away from the ordinary.

    Matt Dimmick Keller Williams Realty Alaska Group

    L3 Paine Cir, Anchorage, AK 99516
  • /15

    $180,000

    • Land
    • 2.35 Acres
    • $76,596 per Acre

    L2 Paine Cir, Anchorage, AK 99516

    Looking for a private & quiet luxury homesite w/ expansive views overlooking the Chugach mountains, city lights & Denali? Come and bask in the beauty of an old-growth hemlock forest away from the traffic & noise of town. Bring your builder & come on up. Each lot has multiple build sites to choose from. Less than 20 minutes from amenities but a world away from the ordinary.

    Matt Dimmick Keller Williams Realty Alaska Group

    L2 Paine Cir, Anchorage, AK 99516
  • /26

    $998,560

    • 3 Beds
    • 2 Baths
    • 1,808 Sq Ft

    L2 Paine Cir, Anchorage, AK 99516

    Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

    Liz Steele Keller Williams Realty Alaska Group

    L2 Paine Cir, Anchorage, AK 99516

Why Live in Bear Valley

Bear Valley is a rural neighborhood known for its mountain views, dense trees and hillside homes. The area features homes with contemporary, A-frame and New Traditional styling. Outdoor activities are abundant throughout the area. The Rabbit Creek Trailhead offers a roughly 4-mile trek with lake views, and the Golden View Trailhead provides hikes along the 4,311-foot-tall McHugh Peak. Ray E. Storck Homestead Park offers soccer and baseball fields, a playground, and a picnic shelter. Residents can drive to shopping and dining options near Huffman Road, including Kaladi Brothers Coffee and Southside Bistro, an upscale American restaurant. Both are close to a Carrs grocery store. The Dimond Mall, about 10 miles away, is the largest shopping center of its kind in the state and offers stores like Best Buy, Old Navy and Foot Locker. Although there is no public transit, main roads provide manageable commutes to downtown Anchorage, Ted Stevens Anchorage International Airport and Providence Alaska Medical Center are approximately 15 miles away. Schools in the area include the highly rated Bear Valley Elementary, Goldenview Middle and South Anchorage High, which offers an Air Force JROTC program.

Frequently Asked Questions

Is Bear Valley a good place to live?
Bear Valley is a good place to live. Bear Valley is considered very car-dependent and somewhat bikeable. Bear Valley has 4 parks for recreational activities. It has a median age of 44. The average household income is $152,200 which is above the national average. College graduates make up 60.1% of residents. A majority of residents in Bear Valley are home owners, with 8.7% of residents renting and 91.3% of residents owning their home. A local real estate agent serving Bear Valley can help you decide if this neighborhood is the right one for you. Learn more on our Bear Valley neighborhood guide.
Is Bear Valley, AK a safe neighborhood?
Bear Valley, AK is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Bear Valley?
The median home price in Bear Valley is $811,750. If you put a 20% down payment of $162,400 and had a 30-year fixed mortgage with an interest rate of 6.37%, your estimated principal and interest payment would be $4,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $174K a year to afford the median home price in Bear Valley. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Bear Valley is $152K.
What are the best public schools in Bear Valley?
The best public schools that serve Bear Valley are:
What are the most popular zip codes in Bear Valley, Anchorage, AK?
The most popular zip codes in Bear Valley, Anchorage, AK include 99516, 99507, 99515, 99518 and 99502.
What are the most popular neighborhoods near Bear Valley, Anchorage, AK?
The most popular neighborhoods near Bear Valley, Anchorage, AK are Rabbit Creek, Hillside East, Mid-Hillside, Huffman-O'Malley and Old Seward-Oceanview.

Home Trends in Bear Valley, AK

Housing Trends

Median Sale Price
$710,000
Median Single Family Sale Price
$796,750
Average Price Per Sq Ft
$318
Number of Homes for Sale
7
Last 12 months Home Sales
15
Months of Supply
5.60
Median List Price
$811,750
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
27%
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