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Eagle River Valley

Eagle River Valley

$475,157 Average Value
$247 Average Price per Sq Ft
14 Homes For Sale

Eagle River Valley blends rugged wilderness with city convenience

Eagle River Valley is a scenic, rural neighborhood in Anchorage surrounded by the Chugach Mountains. Homeowners love this community for its access to the outdoors, with multiple hiking trails and Chugach State Park nearby. Homes can cost a little more than in neighborhoods closer to town, but you often get more land out here. While the community feels isolated, Downtown Anchorage is just a 19-mile drive away, and all of your daily necessities are close to home in Eagle River.

The Eagle River leads from downtown Anchorage to the visitor center in Chugach Park.
The Eagle River leads from downtown Anchorage to the visitor center in Chugach Park.
Log cabin homes perched upon the hillsides of Eagle River Valley offer spectacular views.
Log cabin homes perched upon the hillsides of Eagle River Valley offer spectacular views.
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Why you might pay more for a home in Eagle River Valley

Craftsman homes, cabins and ranch-style houses line the streets of Eagle River Valley, often on hilly, tree-lined streets. The median sales price is higher than the median for the entire city of Anchorage, but there are multiple factors to consider.* The average single-family home is about 200 square feet bigger than the citywide average.* The median lot size is just under a quarter-acre, larger than the median for Anchorage.* The price per square foot in Eagle River Valley is $245, slightly lower than $253 for Anchorage as a whole.Prices typically range from the low $300,000s to the upper $700,000s for properties under 1 acre. Larger properties cost between the upper $400,000s and the $1.2 million range. Some houses are in homeowners' associations, with fees of up to $85 per month. While many properties are on city utilities, rural homes often have wells and septic tanks.

Spacious homes with wooded lots and picture windows allow you to enjoy amazing views throughout Eagle River Valley.
Spacious homes with wooded lots and picture windows allow you to enjoy amazing views throughout Eagle River Valley.
Two-story Craftsman homes in Eagle River Valley suit families of all sizes.
Two-story Craftsman homes in Eagle River Valley suit families of all sizes.
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Chugach State Park and nearby trails offer plenty of recreation

One of the main perks of living in Eagle River Valley is how close it is to Chugach State Park and other green spaces. "We have access to the park. There's a nature center there that offers a lot of outdoor activities," says Wendy Wiltfong, a Realtor at Jack White Real Estate with about a decade of experience. "You can do anything from cross-country skiing to hiking and camping. I find it to be very versatile and majestic." The Eagle River Nature Center at the neighborhood's east end provides an entrance to Chugach State Park, offering hiking trails, educational programs and guided hikes. Mount Baldy is another popular hike with a trailhead on Golden Eagle Drive, known for its rocky trail and sweeping views. Other hikes nearby include the Mile High Saddle Trail and South Fork Falls. Spots like Glen Eagle Park and Hillcrest Park feature playgrounds and basketball courts.

The visitors center at Chugach Park makes a great day trip for hiking throughout Eagle River Valley.
The visitors center at Chugach Park makes a great day trip for hiking throughout Eagle River Valley.
The Eagle River Nature Center in Eagle River Valley is the perfect place for a picnic.
The Eagle River Nature Center in Eagle River Valley is the perfect place for a picnic.
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Commuters enjoy the straight shot to Downtown Anchorage

Because of its rural location, a car is essential in the neighborhood. Eagle River Valley Road is the main thoroughfare, connecting to Glenn Highway west of the community. From the center of the neighborhood, you'll have a roughly 19-mile drive downtown Anchorage or a 34-mile drive to Wasilla. The highway commute is relatively easy, but you can run into issues. "It's only one road in and out, so if there's ever an accident, it can cause a cluster of traffic," says Kimberly Ketchum, a Realtor at Coldwell Banker Endeavor Realty. "I've had friends who commuted from the other side of Eagle River, and it was basically a 40-minute drive." The Eagle River bus route has stops along Old Glenn Highway and connects to downtown.

Eagle River Valley is great for students

The neighborhood is zoned for the highly rated Gruening Middle School and the top-rated Eagle River High School. Niche ranks the high school among the best schools in the state for STEM education. Its engineering academy gives students the chance to work with 3D design technology used by companies like Lockheed Martin and Intel. The school also has an Air Force JROTC program. Students can also attend other schools in the Anchorage School District through magnet programs or by applying for open enrollment.

Middle school students attend Gruening Middle School in Eagle River Valley.
Middle school students attend Gruening Middle School in Eagle River Valley.
Older students in Eagle River Valley can attend Eagle River High School.
Older students in Eagle River Valley can attend Eagle River High School.
High school students in Eagle River Valley attend Eagle River High School.
High school students in Eagle River Valley attend Eagle River High School.
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Neighborhood roads get cleared quickly after snowstorms

With a rural location in a city that regularly receives several feet of snow, road conditions can be a concern for some homebuyers. The Chugiak/Birchwood/Eagle River Rural Road Service Area plows the main roads in the neighborhood once 2 inches of snow has accumulated. The smaller side streets get plowed once they have received 4 inches of snow, and streets are often plowed within 24 hours.

Groceries and more are at the Fred Meyer in Eagle River Valley.
Groceries and more are at the Fred Meyer in Eagle River Valley.

Big-box stores and locally owned restaurants are close to home

You don't have to go far for shopping and dining; several businesses are located along Old Glenn Highway.* Eagle River Alehouse serves bar food alongside an extensive beer list.* Pizza and wine are the main draws at Cork & Hops.* LimeLeaf is an Asian fusion spot known for its wide-ranging menu.* Groceries are available at the nearby Carrs or Fred Meyer.

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

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Eagle River Valley US
Homicide 4 4
Sexual Assault 1 4
Assault with Weapon 3 4
Robbery 3 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Eagle River Valley Demographics and Home Trends

Housing Trends

Median List Price
$475,000
Median Sale Price
$470,000
Median Single Family Sale Price
$479,000
Median 2 Bedroom Sale Price
$369,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
233
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$247

Neighborhood Facts

Number of Homes
4,148
Number of Homes for Sale
14
Median Year Built
1985
Months of Supply
0.70
Average Single Family Home Size Sq Ft
2,225
Above the national average
1,929
Average Townhouse Size Sq Ft
2,580
Average 2 Bedroom Size Sq Ft
1,632
Median Lot Size Sq Ft
10,454

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
$79,601
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
64.9%

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.

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