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Butte

Butte

Rural Neighborhood in Anchorage, Alaska

Anchorage Borough 99645

$385,952 Average Value
$258 Average Price per Sq Ft
6 Homes For Sale

“Residents love living in what we call The Butte,” says Gary Becker, Realtor with Keller Williams, who grew up in Alaska and has been selling here since 2014, “because you have this gorgeous natural land feature you can hike to reach its flat top. It’s like our own mini-mountain. And all across Butte, you’ll see reindeer farms, you-pick farms and plant nurseries because the soil is so rich. It’s rare terrain in Alaska.”

Whether you choose Butte to satisfy your wanderlust, retire in a picturesque setting, or work at the Joint Base Elmendorf-Richardson, you’ll discover Butte is remarkably peaceful. Says Becker, “If you don’t mind the commute to Anchorage — because most people work in Anchorage — you can find a very rural home in Butte, with lots of privacy.”

Architectural variety includes beautiful three-bedroom log homes built in the 1980s on more than an acre, some with clear views of Pioneer Peak near walking trails, for between $400,000 and $450,000. Larger, five-bedroom homes built in 2022 with sophisticated stonework and a mountain range backdrop can ask from $850,000 to $950,000. “It’s the fastest-growing area in Alaska,” adds Becker, “from Wasilla eastward because you still can find a lot of land, whereas your choices in Anchorage are confined.” In Butte, you can still find level 1-acre lots for around $90,000. And because builders have room, you’ll see sizable Craftsman mansions as well as sprawling ranch styles. Becker, who has been featured on HGTV's Living Alaska, adds, “I have clients who moved here from Kansas and chose Butte because they could build their own ADA-compliant ranch home for less than it would cost in Eagle River or closer to Anchorage. The tradeoff is the commute, but you reap the affordability and buildability. What’s interesting, too, is that most new builds are people moving here from the lower 48 to retire. It’s somewhat of a bucket-list destination. And often, it’s folks who lived here a short while and were relocated, and have come back because they fell in love.”

Public schools are within the Matanuska-Susitna Borough School District, and students can start at Butte Elementary School, which earns a B grade from Niche. Students then move on to Palmer Middle School, graded a C+ by Niche. Older students head to Palmer High, which earns a solid B from Niche. In 2022, art students at Palmer High made it to the Top 50 round out of 250 schools in the 2022 Vans Custom Culture contest with their original shoe designs.

Outdoor recreation is synonymous with Butte. Hikers delight in stunning 360-degree views of the Mat-Su Valley and surrounding peaks from Bodenburg Butte, nicknamed “The Butte” by locals. You can reach the summit from West Butte Trail or via the Butte Trailhead into the Sandvik Family Trail. Says Becker, “You’ll see a lot of people here enjoying the wilderness with ATVs or off-roading at Jim Creek. You can park RVs near the bridge on the Knik River beach or go dogsledding at the Eklutana Trailrace.” From Mother’s Day to Labor Day, Butte’s Alaska Raceway Park buzzes with high-octane motorsports. Becker adds, “It can get pretty noisy – especially during weekend races — so you have to like that kind of thing if you live right by it.”

Locals prefer Butte for its natural features far more than for any commercial activity, so you’ll only find a few eateries in Butte. The Butte Burger Place, in a small wood cabin with a long front porch, is a favorite stop-in for burgers-your-way and a side of onion rings. Says Becker, “Most people drive to all the neat places in Palmer for date nights or to dine out. The Palmer Alehouse is a great spot for live music, and Turkey Red in Palmer serves organic craft foods. Feather and Flour is a great choice for brunch.”

You can stock your fridge and pantry at home with grocery essentials from Alaska International Market or visit Bushes Bunches Produce Stand or Arctic Organics for farm-fresh fare. And even though some trails in Butte are so wild you could lose your way, those seeking valley serenity around a scenic elevation may find that their search leads home to Butte.

Lia Girard
Written By
Lia Girard
Chad Jackson
Photography Contributed By
Chad Jackson
Jeffrey Knight
Video By
Jeffrey Knight

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

Interested in learning more about homes in this area? Reach out to Shannon Parberry, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Butte US
Homicide 1 4
Sexual Assault 1 4
Assault with Weapon 2 4
Robbery 2 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 1 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$473,000
Median Single Family Price
$494,450
Average Price Per Sq Ft
$258
Number of Homes for Sale
6
Last 12 months Home Sales
40
Months of Supply
1.80
Median List Price
$499,450
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-9%

Home Facts

Number of Homes in Neighborhood
584
Median Year Built
2012
Avg. Single Family Home Size Sq Ft
2,126
Above the national average
1,936
Median Lot Size Sq Ft
47,480

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Shannon Parberry, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
3,804
Median Age
42
Population Density
1 person/acre
Population under 18
24.8%
On par with the national average
23.8%
Population over 65
19.5%
On par with the national average
19.1%

Finances

Median Household Income
$94,569
Above the national average
$71,702
Average Household Income
$116,106

Education and Workforce

High School Graduates
94.1%
Above the national average
89.1%
College Graduates
28.6%
Below the national average
34.1%
Advanced Degrees
8.7%
% Population in Labor Force
65.4%

Area Factors

Somewhat Bikeable

Bike Score®

24 / 100

Car-Dependent

Walk Score®

1 / 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.

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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
Butte