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Abbott Loop

Abbott Loop

Neighborhood Reviews
3.6
$393,329 Average Value
$265 Average Price per Sq Ft
18 Homes For Sale

A growing community outside of Anchorage

The neighborhood of Abbott Loop is a bridge between the city of Anchorage and the dynamic natural beauty of the Chugach Mountains. A suburban community less than 8 miles from downtown, Abbott Loop offers a range of entry points into highly rated schools, convenient shopping and dining and abounding parkland for both exploration and exercise. “There’s a real pride of ownership in Abbott Loop,” says Sarah Kathryn Bryan, a real estate agent with Berkshire Hathaway HomeServices. “You can tell the homes are well maintained.” Bryan lives and works in Anchorage, and notes that Abbott Loop residents are highly engaged in local politics, applying the care they give to their homes to the rest of the community.

Affordable options in suburban Abbott Loop

In Abbott Loop, buyers can find quiet cul-de-sacs of townhouses and single-family homes built from the 1980s to the present. "It's a very desirable area,” says Sandra Nunes, a Realtor with RE/MAX Dynamic Realty with more than 20 years of experience. Abbott Loop is “good for first-time buyers because it has a lot of budget-friendly homes and condos available.” Older, two-bedroom condos and townhouses in the southwest corner of Abbott Loop can start around $160,000, with newer, larger units throughout the neighborhood selling above $350,000. Here, ranch-style homes, New Traditionals and sloped-roof split-levels are common, often with two-car garages and fenced backyards large enough for a shed for sleds or tools. Two-bedroom builds can start above $250,000, though most homes hover around $375,000. Brand-new construction with sleek modern stylings can climb above $400,000. Those looking to capitalize on this expanding community can purchase vacant lots; a quarter of an acre sells around $100,000.

A row of homes in the Abbott Loop neighborhood.
A row of homes in the Abbott Loop neighborhood.
A classic traditional style home in Abbott Loop.
A classic traditional style home in Abbott Loop.
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Steps from Chugach State Park

Residents have access to well-kept community parks and some of the most stunning and expansive parkland in the nation. Within Abbott Loop, Whisper Faith Kovach Park has ample space for kids and dogs to play, with a refurbished playground and two fenced-in fields for small and larger dogs. Abbott Loop Community Park has forested trails, baseball and soccer fields and a central shelter with a fireplace. For locals looking for a deeper delve into nature, the neighborhood is adjacent to Chugach State Park, among the largest state parks in the U.S. Chugach offers nearly every form of outdoor recreation, including hiking, skiing and kayaking. In the summer and early fall, people from around the region flock to the park to pick wild blueberries around Eklutna Lake.

Abbott Loop has several dog parks in the area.
Abbott Loop has several dog parks in the area.
Chugach State Park is the beautiful backdrop of Abbott Loop.
Chugach State Park is the beautiful backdrop of Abbott Loop.
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Access to highly rated Anchorage schools

Neighborhood children are split between Kasuun Elementary, which has a B from Niche, and Trailside Elementary, rated a B-plus. They continue on to B-minus-rated Hanshew Middle, which is one of the most diverse middle schools in Alaska, according to Niche. Service High has an A-minus and a Biomedical Career Academy. Students there have organized many after-school activities, including clubs for crochet and knitting, environmental activism and Dungeons and Dragons, in addition to more traditional organizations such as Model United Nations. Families seeking a private option can send kids to Pacific Northern Academy through eighth grade. The school is within the neighborhood and has a 7:1 student-teacher ratio.

Hanshew Middle School is attended by 800 students in grades 7-8.
Hanshew Middle School is attended by 800 students in grades 7-8.
Robert Service High School provides a superior education in a safe learning environment.
Robert Service High School provides a superior education in a safe learning environment.
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Catching up with neighbors at Midnight Sun Brewing

Locals don’t have to travel for dining and shopping options. The neighborhood is home to Anchorage’s oldest brewery, Midnight Sun Brewing, serving signature IPAs and Belgian ales in an industrial setting. Visitors can order lunch, dinner or weekend brunch from The Loft, the brewery’s eclectic onsite restaurant. Abbott Loop is also home to fast food staples and a Fred Meyer grocery store. The Dimond Center shopping mall is less than 2 miles from the neighborhood and has diverse retailers, an ice-skating rink and a Regal movie theatre.

Seward's Folly Bar and Grill is a top spot for dinner with family or to unwind at the bar.
Seward's Folly Bar and Grill is a top spot for dinner with family or to unwind at the bar.
Fred Meyer provides groceries and more for Abbott Loop.
Fred Meyer provides groceries and more for Abbott Loop.
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Anchorage comes alive at the Summer Solstice Festival

In June, the city of Anchorage explodes with activity for the Summer Solstice Festival. This free, annual event celebrates the longest day of the year, and locals use their 22 hours of daylight to enjoy live performances, food trucks and arts vendors throughout downtown.

Convenient access to Alaska Route 1

With Alaska Route 1 hugging the neighborhood, residents have a mere 7-mile drive to museums, restaurants and offices downtown. Anchorage International Airport is 6 miles away, and Alaska Regional Hospital is just over 5 miles north of Abbott Loop.

Civic engagement in Abbott Loop

Residents here engage with each other and local issues through several houses of worship within the neighborhood and the Abbott Loop Community Council. The council hosts monthly meetings and an annual summer picnic and potluck event at Abbott Loop Community Park.

Kayla Solsbak
Written By
Kayla Solsbak
Landon Gauthier
Photography Contributed By
Landon Gauthier
Luke Basinger
Video By
Luke Basinger

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Merrill Field

14 min drive

Bus

Lake Otis & 84th Avenue SSE

Bus

Abbott & Toloff WNW

Bus

Lake Otis & 63rd Avenue SSE

Bus

Lake Otis & 68th Avenue SSW

Bus

Abbott & Independence ESE

Bus

Lake Otis & 85th Avenue NNW

Bus

Abbott & Lake Otis WNW

Reviews

Niche Reviews
3.6 12 Reviews
3.0 Niche User
8/18/2016 Niche Review
I don't hate it here
4.0 Current Resident
6/28/2018 Niche Review
For the most part our area is very quiet and people are super friendly. As neighbors we look out for one another and are on the lookout when any odd situations occur. There is minimal crime in our area.
4.0 Niche User
8/16/2016 Niche Review
I have lived here since I was a 10 year old in elementary school and still currently live here now in college. The area I live in is a very close knit community that is in a rather nice area of town. Although crime in the entire city is getting worse, this area is still staying relatively safe. I would choose to live here again, if the crime in the city doesn't get much worse. Living in a very unique place as Alaska makes it such a different experience than the rest of the country and it's an experience that almost everyone living here cherishes.
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Abbott Loop Demographics and Home Trends

Housing Trends

Median List Price
$390,000
Median Sale Price
$390,000
Median Single Family Sale Price
$425,000
Median 2 Bedroom Sale Price
$218,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
303
Median Home Sale Price YoY Change
11%
Average Price Per Sq Ft
$265

Neighborhood Facts

Number of Homes in Neighborhood
7,013
Number of Homes for Sale
18
Median Year Built
1985
Months of Supply
0.70
Average Single Family Home Size Sq Ft
1,714
Below the national average
1,925
Average Townhouse Size Sq Ft
2,684
Average 2 Bedroom Size Sq Ft
932
Average 1 Bedroom Size Sq Ft
566
Median Lot Size Sq Ft
6,969

Open Houses

  • Saturday, Sep 13
    1 - 4pm

    7490 Meadow St Unit 5E, Anchorage, AK 99507

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,108 Sq Ft
    • 7490 Meadow St
    • Unit 5E
    • New 10 days ago

    Well maintained townhouse style condo in a very convenient and central location. Condo is 2 bed, 2 full bath and a roomy 1 car garage. One bedroom and bathroom are downstairs. The master bedroom is upstairs and has a large walk-in closet. Open kitchen and living room are great for mingling & entertaining. Ample storage and a lot of natural light even on the dreariest of days. See for

    Brett Hull Herrington and Company, LLC

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
24,107
Median Age
37
Population Density
6 ppl/acre
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
12.7%
Below the national average
19.1%

Finances

Median Household Income
$95,993
Significantly above the national average
$71,702
Average Household Income
$113,187

Education and Workforce

High School Graduates
95.4%
Above the national average
89.1%
College Graduates
29%
Advanced Degrees
10%
% Population in Labor Force
77.1%
Above the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®

41 / 100

Car-Dependent

Walk Score®

6 / 100

Minimal Transit

Transit Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Abbott Loop