$315,039Average Value$221Average Price per Sq Ft5Homes For Sale
A transitioning neighborhood with plenty of public transit
With a high concentration of public transit options, Spenard is a conveniently located neighborhood that gives residents easy access to all of Anchorage. “People like it because it’s close to the airport and it’s close to downtown. It has good bus service,” says Sandra Nunes, a Realtor with RE/MAX Dynamic Properties, who has sold several homes in the neighborhood. “They’ve been improving it. A lot of companies have been investing into modernizing and upgrading some of the buildings.” Spenard started as a lumber camp in the early 1900s before being known for its bars and nightclubs during the 1980s oil boom. Today, the neighborhood is transforming into one full of local shops and restaurants, with quaint suburban homes. Residents can easily access Ted Stevens Anchorage International Airport, just 2 miles west. Five bus routes pass through the neighborhood, giving locals an easy way to get downtown or to popular shopping destinations around the city. While some popular bars of days past are still around, the Spenard of today is a family-friendly, community-oriented neighborhood close to everything residents need.
Spenard's impressive network of bus routes is convenient for commuters looking to get around.
The Hoarding Marmot in Spenard offers outdoor sports equipment like bikes, skis and other gear.
1/2
Local boutiques and colorful restaurants in central Anchorage
Spenard residents have plenty of shopping and dining options within the neighborhood, including eateries that cover a range of cuisines. Locals can enjoy Lao, Thai and Vietnamese food at Pho Lena, a popular restaurant known for its yellow curry and tom yum soup. Gwennie’s Old Alaska is an American restaurant serving breakfast and lunch. Locals can claim a table in the rustic interior— complete with a taxidermized bear—and enjoy breakfast dishes with reindeer sausage. Chilkoot Charlie’s is a nightclub in the neighborhood’s northern end known for its live music and pool tables. Many of the local stores in the neighborhood are located in the north end, including Grassroots, a fair trade store selling items like towels, dishes and jewelry. The Hoarding Marmot nearby is a local outdoor store where residents can stock up on accessories for their next adventure. When it’s time to stock up on groceries, residents can visit Carrs on Northern Lights Boulevard or Blue Market AK on West 31st Avenue. This local spot is an unpackaged store selling refillable products, reusable containers, and local produce.
If you're visiting Spenard, be sure to head over to Bosco's to see the comics, cards, and games.
Gwennie's Old Alaska in Spenard is filled with wall decorations and offers home style cooking.
1/2
Established homes in a variety of styles
Homes in Spenard are typically established split-level and ranch-style houses in a mix of urban and suburban settings. Most homes east of Minnesota Drive have spacious yards and mature trees, while the homes west of the road are a little closer together. There are few sidewalks on the residential streets, but most main thoroughfares have sidewalks that allow residents to walk to nearby shops and restaurants. Nunes says homes in Spenard are at about the median cost in Anchorage. “It’s a little bit more affordable than south Anchorage, but it’s not the most affordable. I’ve sold a duplex that was almost $500,000 and I’ve sold homes that were $300,000. So it’s not the cheapest, but it’s not the most expensive neighborhood either,” she says. There are plenty of two-bedroom homes in the area, which cost between $250,000 and $350,000. Three- and four-bedroom homes can cost between $300,000 and $450,000.
Homes in Spenard stretch down tree lined streets, with ample front yard space for greenery.
Ranch-style homes in Spenard sometimes boast modest carports to protect vehicles from the rain.
1/2
Easy access to every corner of Anchorage
Living in Spenard puts residents close to several bus routes that cover nearly the entire city. Locals can easily access the Arctic, Jewel Lake-Airport, Old Seward-West Anchorage, Northern Lights and Spenard-Airport routes. Multiple bus routes can take residents to downtown Anchorage, while two also go to the airport. The Northern Lights route allows residents to get to the University of Alaska Anchorage and Providence Alaska Medical Center. Residents who prefer to drive themselves will have a short 2-mile drive to Ted Stevens Anchorage International Airport and a 3-mile drive downtown along Minnesota Drive.
Urban parks provide plentiful recreation
Despite the neighborhood’s location in the heart of the city, there are many parks in Spenard where residents can enjoy outdoor recreation. Connors Bog Park is a large natural green space south of International Airport Road. This park is a popular off-leash area where residents can let their dogs run free through the woods. Other parts of the park require dogs to be on a leash and are popular with winter sports like skijoring, where a dog pulls a person on skis. Sisterhood Park is located on West 48th Avenue and has a baseball field, picnic shelter and playground. When it’s too cold to spend time outside, the Spenard Community Recreation Center offers a variety of indoor activities, including basketball, volleyball, pickleball and badminton.
Mulcahy Stadium near Spenard hosts Alaska Baseball League teams and is a blast in the summer.
At Connors Bog Dog Park, Spenard residents can enjoy taking their dogs on scenic forested walks.
1/2
Many academic pathways at Spenard schools
Students in Spenard might attend Northwood Elementary School, rated a C-plus by Niche; Romig Middle School, rated a B-minus; and West High School, rated an A-minus. West High serves approximately 1,800 students and has a student-teacher ratio of 22-to-1. The school is the oldest high school in Anchorage, having served the community since 1953. It offers a medical academy as well as Spanish and Russian immersion programs and International Baccalaureate programs.
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
Janis Tolbert,
an experienced agent in this neighborhood.
Parks in this Area
Cope Street Park
Playground
Old Hermit Park
Playground
Barbara Street Park
Trails
Playground
Minnesota Park
Playground
Woodland Park
Bike Trails
Trails
Playground
Roosevelt Park
Playground
Northwood Park
Brotherhood Sisterhood Park
Wilson Park
Transit
Airport
Ted Stevens Anchorage International
7 min drive
Bus
Arctic & 27th Avenue SSW
Bus
Spenard & Valleywood NNE
Bus
Spenard & Wisconsin SSW
Bus
Spenard & Intl Arpt Rd NNE
Bus
Spenard & Lakeshore WNW
Bus
Spenard & 34th Avenue SSW
Bus
Arctic & Tudor SSW
Crime and Safety
1 - Low Crime, 10 - High Crime
Spenard
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Spenard, Anchorage sell after 50 days on the market compared to the national average of 47 days. The average sale price for homes in Spenard, Anchorage over the last 12 months is $267,652, down 12% from the average home sale price over the previous 12 months.
Rare opportunity to acquire a 46,426 sq ft assemblage in the vibrant Spenard neighborhood. Currently three contiguous lots, this property is undergoing a short plat to remove internal boundaries and an unused utility easement, consolidating it into a single, cohesive parcel. Rezoning to B-3 is also underway, paving the way for high-density residential and mixed-use projects.Strategically located
Close to airport,(5 min.) park, trails & midtown -5 Br's, Bonus rm & 5 Baths, Office, Living rm & Game rm, large kitchen w/pantry.. & DR Studs out renovation- ALL NEW Windows, Doors, Vinyl Flooring, Plumbing, Electrical, Heating System,& water heater Insulation, Tile thru out all 5 baths Wide staircase - easy stair treads to lower level virtual furnitureDocuments for more detail
Terrace on the Lake Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK.Choose from studio, 1, or 2-bedroom apartments featuring modern kitchens with a full suite of appliances and ample counter space. You'll have convenient features, like in-unit laundry, ceiling fans, and large closets. Select apartments have dining areas, walk-in closets, and fireplaces. Our community
This 3 br / 1 ba property for $2k includes all utilities. Located near the airport, shopping, restaurants etc. Easy access to transportation. Well maintained.
Youll love living at Castle Apartment Homes in Anchorage, AK! Choose from pet-friendly one and two-bedroom apartments with an energy-efficient appliance package, a dining room, large windows, ample storage space, and a private patio or balcony.Enjoy having access to fantastic community amenities such as the resident lounge with a coffee station, laundry facilities, additional storage, and lush
Interested in learning more about homes in this area?
Reach out to
Janis Tolbert,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
12,283
Median Age
39
Population Density
9 ppl/acre
Population under 18
21.6%
On par with the national average
23.8%
Population over 65
15.1%
On par with the national average
19.1%
Finances
Median Household Income
$67,691
Below the national average
$71,702
Average Household Income
$83,032
Education and Workforce
High School Graduates
92.1%
College Graduates
28.1%
Below the national average
34.1%
Advanced Degrees
10.6%
% Population in Labor Force
69.8%
On par with the national average
65.1%
Area Factors
Bikeable
Bike Score®
69/ 100
Very Walkable
Walk Score®
75/ 100
Some Transit
Transit Score®
35/ 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.
