$472,909Average Value$311Average Price per Sq Ft13Homes For Sale
Scenic views in a conveniently located neighborhood
With views of the sunrise over the Chugach Mountains and the sunset over the Sleeping Lady, South Addition is a scenic Anchorage neighborhood just a stone’s throw from downtown. Residents of this community enjoy its proximity to the city attractions plus its array of outdoor recreation. “It’s walking distance to downtown. The Tony Knowles Coastal Trail connects to South Addition, and we have a park strip that runs for several blocks that separate the more residential South Addition from the downtown area,” says Connie Yoshimura, owner and broker of Berkshire Hathaway Home Services Alaska Realty, who has sold several homes in the neighborhood. “Many of our restaurants are downtown, along with the museum and the performing arts center.” Delaney Park borders the neighborhood to the north, providing plenty of recreational space and acting as a buffer between the bustling downtown. Popular destinations such as the Anchorage Museum and highly rated local restaurants are just a few blocks further, making it easy for South Addition residents to take advantage of all that the city offers.
Some area of South Addition are full of high end homes with delightful architecture.
South Addition is located just minutes away from Downtown Anchorage, seen here during sunset.
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Enjoy Alaska's natural beauty in South Addition
South Addition residents have several parks and green spaces to enjoy the great outdoors within city limits. Delaney Park is a long rectangular city park with several amenities. This public space has a rose garden, a Martin Luther King Jr. memorial, the Anchorage Veterans’ Memorial and recreational facilities like tennis courts and a hockey rink. The park also has plenty of open space that can be used for picnics or soccer games. Westchester Lagoon is another popular destination in the neighborhood. This urban oasis has walking trails, playgrounds and a disc golf course. The lagoon is popular for activities like fishing, kayaking and birdwatching. The 11-mile Tony Knowles Coastal Trail passes through the lagoon, giving residents access to Anchorage’s most popular trail. The boardwalk on the lagoon’s west side offers pristine views of the Chugach Mountains to the east, while there are several points on the Coastal Trail where locals can view Mount Susitna—also known as the Sleeping Lady—to the west.
A man rides his bike around Delaney Park with downtown Anchorage behind him
Exercise while enjoying the Chugach Mountains views along the Tony Knowles Coastal Trail.
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Highly rated shops and restaurants minutes away
South Addition is primarily residential, but the neighborhood has some commercial activity. Residents can stock up on groceries at New Sagaya City Market, a local supermarket with all the traditional grocery store offerings, including fresh seafood and produce. The Anchorage Farmers Market is located in the neighborhood at Central Lutheran Church and takes place every Saturday from May through October. Local vendors set up at the market to sell everything from flowers to baked goods to vegetables. Other grocery options nearby include a Carr’s south of the neighborhood on Northern Lights Boulevard and one to the east on Gambell Street. South Addition’s location near downtown gives residents easy access to popular restaurants like Club Paris, a rustic, old-fashioned steak house that’s also known for its seafood offerings. For something more casual, residents can grab brunch at Biscuitclub or stop in for a beer and yak burger at 49th State Brewing.
Grocery options nearby South Addition include a Carr’s south of the neighborhood.
New Sagaya's City Market is the local grocery in South Addition.
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Desirable properties near downtown Anchorage
South Addition has several housing styles covering a mix of single-family and multi-family housing. Most houses in the community are ranch-style, Craftsman or new traditional homes, with some condos and townhouses mixed in. Buyers can find homes that feel like a mountain retreat in the middle of the city, with wooden exteriors and yards covered with mature pine trees. Yoshimura says the neighborhood is one of the most sought-after in Anchorage. “From C Street over, you have continuing increases in value because the closer you get to the water, the more desirable the properties are,” she says. “It’s the most expensive area to live in as far as single-family homes are concerned.” Two-bedroom condos in South Addition typically cost between $250,000 and $500,000. Three-bedroom single-family homes can cost between $500,000 and $800,000, while four and five-bedroom houses cost between $800,000 and $1.4 million.
A white picket fence adorns the yard of this ranch style home located in South Addition.
You'll find more large homes like these between Westchester Lagoon and the coast.
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Unique educational offerings at South Addition schools
Students in South Addition might attend Inlet View Elementary School, rated a B-plus by Niche; Central Middle School of Science, rated a C-plus; and West High School, rated an A-minus. West High serves approximately 1,800 students and has several programs to prepare them for college or careers. Students can enroll in the medical academy, which provides hands-on training and preparatory classes in healthcare. The school also offers International Baccalaureate courses and Spanish and Russian immersion programs.
Inlet View Elementary School is located in Anchorage, Alaska.
West Anchorage High School received an A minus from Niche.
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Multiple options to get around Anchorage
South Addition has several bus stops along L Street and I Street that are served by multiple routes. The Spenard-Airport route can take residents north to downtown or south to Ted Stevens Anchorage International Airport. The Northern Lights route takes residents east through town to the University of Alaska Anchorage campus and Northeast Anchorage. The drive to the airport from South Addition is approximately 4.7 miles along Minnesota Drive and takes about 10 minutes.
Northern Lights Blvd is easily accessible to get South Addition residents around town.
South Addition is separated from Downtown Anchorage by Delaney Park.
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
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South Addition Demographics and Home Trends
On average, homes in South Addition, Anchorage sell after 44 days on the market compared to the national average of 53 days. The median sale price for homes in South Addition, Anchorage over the last 12 months is $435,000, up 10% from the median home sale price over the previous 12 months.
Well-maintained Downtown Gem that perfectly blends comfort, functionality, and character. Featuring a spacious garage, fresh new carpet, and updated paint. This home has been thoughtfully cared for inside and out. Major updates include new roof (2020), boiler (2021), water heater (2025) all ensuring peace of mind for years to come. Two inviting fireplaces, new trex decks and large basement.
Location, location, location. Enjoy the unbeatable location directly across from City Market and just three blocks from the Park Strip. This ground-floor condo offers over 1,100 sq. ft. larger than most in the building and has been thoughtfully updated throughout. Recent improvements include remodeled bathrooms, new flooring, upgraded windows, modern lighting, and a refreshed fireplace surround.A
Prime downtown location on the west end. Easy access to Coastal Trail, one block south of Park Strip, and 2 blks from Westchester Lagoon. Enjoy peaceful and pretty co-op living in the popular Safehaven community. Fully remodeled ranch layout with new LVP flooring, new baseboard trim, and fresh paint. New kitchen with quartz counters/backsplash, flat panel cabinets, and a NEW WASHER/DRYER
This home puts you steps away from Anchorage's fave trails, cafes, & city life--while still offering you a private retreat This mid-century hillside ranch w walk-out bsmt offers refined living & rare privacy just steps from downtown. Sophisticated design, serene retreat, & premier location-an exclusive opportunity to own Anchorage at its finest. Tucked away for peace & privacy. A rare find! R2M
Property Id: 1576616*Available November 1st*You'll love living in this newly updated 2 bed 1 bath open concept apartment. Bright and spacious with lots of counter space and a spacious open floor plan. High end washer and dryer in unit! Plenty of parking, close to trails, bus lines. Great neighborhood with awesome neighbors! Rent is $1799/mo includes heat,
Deluxe fully furnished executive condo on the second floor. Complete remodel includes granite kitchen, wool berber carpet and bath with tub/shower. Included are basement storage and a dedicated parking space. On-site laundry in basement.
All utilities included & Furnished. South Addition! Recently painted, new LED lighting, new windows, clean! All utilities including Wi-Fi. Washer, dryer available. Apartment in older house. Lots of closets/storage area, parking on-site. Electric, Heat, Garbage, Water included. In great neighborhood, near City Market, downtown and parks. Available ~Nov 1, 2025. Furnished, kitchen items available
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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.
