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Eagle River Valley

Eagle River Valley

$536,828 Average Value
$249 Average Price per Sq Ft
41 Homes For Sale

The Eagle River Valley doesn’t have the name recognition as some of the natural wonders around the country. Still, this picturesque wonderland has the scenery and the activities to earn comparisons to popular locations such as Yosemite National Park. “It’s a very versatile area. We have access to the park. There’s a nature center there that offers a lot of outdoor activities,” says Wendy Wiltfong, a Realtor with Jack White Real Estate. “You can do anything from cross-country skiing to hiking and camping. I find it to be very versatile and majestic.” Located about 40 minutes from downtown Anchorage and on the western border of Chugach State Park, this serene valley is the ideal neighborhood for homebuyers who want to be near the outdoors.

Most of the homes in the valley are on hilly, winding streets covered with evergreen trees. You can find a mix of housing styles in these areas. “We have some original homesteads back there. These can be simple cabins up to multi-million-dollar homes,” says Wiltfong. “Most of the houses are at a higher price point, but you get more land and privacy.” There are several log cabins in the area, as well as newer custom Craftsman homes with stone exteriors and spacious porches. On the western edge of the neighborhood, close to the community of Eagle River, you’ll find homes that are closer together on streets laid out in grids. Most of these houses are ranch-style homes, often with built-in garages. The houses in this area typically cost around $500,000 to $600,000.

Students in Eagle River Valley will likely attend Ravenwood Elementary School, Gruening Middle School and Eagle River High School. Eagle River High is rated an A- overall by Niche and has been rated as one of the top 10 high schools in the state. The school offers an engineering academy where students use hands-on learning to prepare for careers in engineering fields. Students in the program use the same 3D software that leading companies such as Intel and Lockheed Martin use. The school also had athletic success early in its history, winning the softball state championship in its first season in 2006. The co-ed cheer team also won the state title in 2012.

You won’t have to go far to find a spot to enjoy the outdoors. Trails and wilderness are all around you in the Eagle River Valley. If you drive to the end of Eagle River Road, you’ll end up at the Eagle River Nature Center. This facility is operated by a nonprofit organization running it as a Chugach State Park visitor center. The area has several trails, ranging from an easy ¾-mile trail to a moderately strenuous 6-mile trail. The nature center has yurts and cabins available to rent if you feel like taking an overnight trip into the woods. You can also participate in educational programs such as children’s hikes, story time and a nature journaling club.

Several other trails and natural areas throughout the neighborhood are easily accessible from the roads. The Mile High Saddle trailhead is just off Brownie Drive, a short distance from Eagle River Road. This 3.4-mile trail takes hikers to Mt. Magnificent and offers pristine views of the Cook Inlet and even Denali if the weather is clear. If you want to find somewhere more secluded to hike, just ask your neighbors, and they’ll tell you the good spots. “The hiking is great, especially if you know where the hidden gems are. There are some access points that others would never know about,” says Wiltfong. “You kind of discover them from your neighbors showing you or sharing.” Wiltfong adds that you should be aware of wildlife while you’re out hiking, as bears and moose are common in the area.

When you need groceries or feel like dining out, head into Eagle River proper for a broad mix of shopping and dining options. You can shop at Carrs, Walmart or Fred Meyer. Garcia’s Cantina & Café is a popular local Mexican restaurant known for its chimichangas and live music. Anytime you need to commute to Anchorage, Glenn Highway takes you right into downtown. But with all the natural beauty and activities in the Eagle River Valley, you probably won’t want to make too many trips into the city.

Matthew Atkins
Written By
Matthew Atkins
Chad Jackson
Photography Contributed By
Chad Jackson
Anne Sheridan
Video By
Anne Sheridan

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

23 min drive

Eagle River Valley Demographics and Home Trends

Housing Trends

Median List Price
$485,000
Median Sale Price
$468,010
Median Single Family Sale Price
$488,500
Median 2 Bedroom Sale Price
$364,700
Median Change From 1st List Price
0%
Last 12 months Home Sales
230
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$249

Neighborhood Facts

Number of Homes in Neighborhood
4,147
Number of Homes for Sale
41
Median Year Built
1985
Months of Supply
2.10
Average Single Family Home Size Sq Ft
2,225
Above the national average
1,924
Average Townhouse Size Sq Ft
2,580
Average 2 Bedroom Size Sq Ft
1,632
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, Sep 20
    12 - 2pm

    20335 Granite Park Cir, Eagle River, AK 99577

    $407,000

    • 3 Beds
    • 2 Baths
    • 1,719 Sq Ft
    • 20335 Granite Park Cir
    • New 17 days ago

    This 3-Bd, 2-bath home offers flexible living with a downstairs space that includes its own bedroom, living area, and bathroom. The garage fits two cars, with additional storage. From the living room take in sweeping views of the Chugach Mountains, and catch the northern lights without stepping outside. Close to nearby school and trails.

    Kloud Realty Group Keller Williams Realty Alaska Group

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  • Sunday, Sep 21
    2 - 5pm

    18872 Mountain Point Dr, Eagle River, AK 99577

    $499,000

    • 4 Beds
    • 2 Baths
    • 1,868 Sq Ft
    • 18872 Mountain Point Dr

    Move-in ready, well-maintained home that backs to greenbelt area. 2 bedrooms have walk-in closets. Cozy wood fireplace in living room. Great southern exposure. Multiple level decks(front & back). Fenced Yard. Many storage areas inside and out including a full height walkable storage crawlspace. MIL or rental potential. Magnificent views of Eagle River Valley. Must see in person to

    Julie Marshall FSBO System Alaska LLC

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  • Saturday, Sep 20
    12 - 5pm

    9545 Grey Owl Way, Anchorage, AK 99577

    $707,900

    • 4 Beds
    • 3 Baths
    • 2,323 Sq Ft
    • 9545 Grey Owl Way

    AHFC ENERGY REBATE QUALIFIED! SOUTHWEST FACING Custom design w/huge upper deck for PANORAMIC View of Eagle River Valley & Mountains. Island kitchen finished in Stainless Steel, Quartz & Hardwoods. Private Mstr suite, Generous size bdrms all with walk in closets! Large separate family room on the first floor w/two bdrms and bathroom. Oversize garage. LANDSCAPED YARD. MOVE IN READY BY SEPT

    Kevin Sigafoos Keller Williams Realty Alaska Group

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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
11,897
Median Age
37
Population Density
2 ppl/acre
Population under 18
29%
Above the national average
23.8%
Population over 65
12.7%
Below the national average
19.1%

Finances

Median Household Income
$140,955
Significantly above the national average
$71,702
Average Household Income
$165,854

Education and Workforce

High School Graduates
99%
College Graduates
54.1%
Above the national average
34.1%
Advanced Degrees
19.9%
% Population in Labor Force
75.7%
Above the national average
65.1%

Area Factors

Car-Dependent

Walk Score®

4 / 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.

Reviews

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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
Eagle River Valley