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Bear Valley Houses for Sale

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  • /71

    $895,000

    • 4 Beds
    • 3.5 Baths
    • 2,501 Sq Ft

    7820 Susan Cir, Anchorage, AK 99516

    Unique hillside home w built in income of $5000+/month & unobstructed views of the mountains & inlet. Main house has 3BDR, 2.5BA & 3 car garage w 18 x 9 commercial door. Mother in law unit currently operates as a full time Airbnb w 1BDR, 1 full BA, kitchen, its own washer & dryer, & private deck w a hot tub. Practically brand new with stunning top of the line finishes throughout.

    Adrian Jaime Real Broker Alaska

    7820 Susan Cir, Anchorage, AK 99516
  • /24

    $550,000

    • 5 Beds
    • 3 Baths
    • 2,544 Sq Ft

    15935 Kings Way Dr, Anchorage, AK 99516

    Spacious unfinished home with beautiful views of the Inlet. Large Master bedroom with mountain views. Floor to ceiling windows in the front of the house. This home has a lot of potential.

    Alexis Black RE/MAX Dynamic Properties

    15935 Kings Way Dr, Anchorage, AK 99516
  • /112

    $2,200,000

    • 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
  • /63

    $860,000

    • 4 Beds
    • 3.5 Baths
    • 3,352 Sq Ft

    10380 Honey Bear Ln, Anchorage, AK 99516

    Motivated Seller! Welcome to your mountain retreat in the heart of Upper Bear Valley, where breathtaking beauty meets everyday comfort. This home is perfectly positioned on over an acre of land, offering sweeping views from every window, including panoramic sights of Anchorage, mountain ridgelines, and the dancing Northern Lights.Step inside and feel the warmth of natural sunlight pouring into

    Vanna Siackhasone Real Broker Alaska

    10380 Honey Bear Ln, Anchorage, AK 99516
  • /18

    $1,041,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,020 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.

    Matt Dimmick Keller Williams Realty Alaska Group

    L3 Paine Cir, Anchorage, AK 99516
  • /15

    $865,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,800 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.

    Matt Dimmick Keller Williams Realty Alaska Group

    L2 Paine Cir, Anchorage, AK 99516
  • /14

    $1,161,000 New Construction

    • 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.

    Matt Dimmick Keller Williams Realty Alaska Group

    L1 Paine Cir, Anchorage, AK 99516

Why Live in Bear Valley

Bear Valley, located just beyond the suburbs of South Anchorage, is a rural neighborhood known for its dense pine trees and hillside homes. The area features "Alaska-style" homes, blending Craftsman and log cabin elements with large decks and expansive windows. Many homes have wood siding and metal roofs, while newer constructions incorporate modern contemporary designs with unique roof angles and stone accents. The neighborhood experiences some of the strongest winds in Anchorage and has a crime score lower than the national average. Outdoor activities are abundant, with the Rabbit Creek Trailhead about 7 miles away, offering a 4.4-mile trek with mountain lake views, and the nearby Flattop Trailhead providing a challenging 1.5-mile hike with views of Denali and the Aleutian Islands. 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 shop and Southside Bistro, an upscale American restaurant. Essential stores like Walmart and Target are about 10 miles away, with groceries available at Carrs on Huffman Park Road. Although there is no public transit, main roads provide convenient driving routes, with downtown Anchorage, Ted Stevens Anchorage International Airport, and Providence Alaska Medical Center approximately 15 miles away. Schools in the area include the highly rated Bear Valley Elementary School, Goldenview Middle School, and South Anchorage High School, which offers various career prep programs and an Air Force JROTC program.

Home Trends in Bear Valley, AK

Housing Trends

Median Sale Price
$697,500
Median Single Family Sale Price
$757,500
Average Price Per Sq Ft
$326
Number of Homes for Sale
7
Last 12 months Home Sales
12
Months of Supply
7.00
Median List Price
$775,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-20%
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