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Spenard

Spenard

$325,322 Average Value
$218 Average Price per Sq Ft
14 Homes 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.
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.
The Hoarding Marmot in Spenard offers outdoor sports equipment like bikes, skis and other gear.
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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.
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.
Gwennie's Old Alaska in Spenard is filled with wall decorations and offers home style cooking.
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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.
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.
Ranch-style homes in Spenard sometimes boast modest carports to protect vehicles from the rain.
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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.
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.
At Connors Bog Dog Park, Spenard residents can enjoy taking their dogs on scenic forested walks.
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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.

Matthew Atkins
Written By
Matthew Atkins
Landon Gauthier
Photography Contributed By
Landon Gauthier
Matthew Link
Video By
Matthew Link

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

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

Spenard Demographics and Home Trends

Housing Trends

Median List Price
$292,500
Median Sale Price
$284,250
Median Single Family Sale Price
$354,750
Median 2 Bedroom Sale Price
$225,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
76
Median Home Sale Price YoY Change
-5%
Average Price Per Sq Ft
$218

Neighborhood Facts

Number of Homes in Neighborhood
1,982
Number of Homes for Sale
14
Median Year Built
1965
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,643
Below the national average
1,925
Average Townhouse Size Sq Ft
2,266
Average 2 Bedroom Size Sq Ft
1,018
Average 1 Bedroom Size Sq Ft
604
Median Lot Size Sq Ft
8,276

Open Houses

  • Saturday, Sep 13
    11am - 2pm

    2101 W 29th Ave Unit 23, Anchorage, AK 99517

    $177,000

    • 1 Bed
    • 1 Bath
    • 836 Sq Ft
    • 2101 W 29th Ave
    • Unit 23
    • New 4 days ago

    City living, West Side vibe! Trails at your fingertips & the ocean is 5 minutes away!Walk & get a coffee or dinner at popular restaurants or take the bike path to adventure! The giant wall of windows makes cozying up by the fireplace for a quiet afternoon so easy & you will love living here! 8 min to the airport, 2 min to Carrs & did I mention the OCEAN? Come see what West ANC is all about!

    Shawna Calt RMG Real Estate

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  • Sunday, Sep 14
    1 - 4pm

    2801 W International Airport Rd Unit A202, Anchorage, AK 99502

    $240,000

    • 2 Beds
    • 2 Baths
    • 907 Sq Ft
    • 2801 W International Airport Rd
    • Unit A202
    • New 15 days ago

    2BD/2BA condo near airport, parks & trails w/easy access to Anchorage. Updates include: painted kitchen cabinets & new counters (2022), bathroom counter & sink (2022), Fireplace painted black for a modern look, updated hardware in kitchen & bath, new range & microwave (2021), new primary shower (2021), LVP floors throughout.Washer & Dryer in-unit, secure entry, balcony, storage + detached heated

    Ralphie Morel RMG Real Estate

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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 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.

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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
Spenard