$328,857Average Value$238Average Price per Sq Ft10Homes For Sale
Spenard is a vibrant Anchorage neighborhood with lots to explore
Spenard is an eclectic, artsy neighborhood between Downtown Anchorage and Ted Stevens Anchorage International Airport. The area has a long history as a destination for adult entertainment, with bars and nightclubs dominating the landscape during the oil boom of the 1970s and ‘80s. While some of these businesses are still here, Spenard has gradually become more family friendly thanks to a variety of shopping options, highly rated schools and several parks around the community. It’s also one of the most convenient locations in the city, with major highways and bus routes offering easy commutes around Anchorage.
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.
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Why you might pay less for a home in Spenard
Ranch-style homes, cottages and cabin-style homes are common in Spenard, often on streets with green lawns and leafy trees. Aurora Courtney, an associate broker at Real Broker Alaska, says homes cost “a little bit less because it’s older, and they’re smaller. There are some nicer homes too, but for the most part, the houses are less expensive.” The median sales price is lower than the citywide median, and houses typically range from the upper $100,000s to the mid-$500,000s. Condos are also common in the neighborhood, typically ranging from the low $100,000s to the mid-$200,000s.
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.
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This Anchorage neighborhood has plenty to do when the sun goes down
You won’t find as much nightlife in Spenard as you would’ve 40 years ago, but there are still plenty of options to grab a drink and enjoy live music. Chilkoot Charlie’s, commonly known as Koot’s, has been around since 1970 and has three stages, multiple dance floors and 11 bars scattered throughout its building. The venue has hosted bands like Lynyrd Skynyrd, Metallica and The Beach Boys. If you want a more low-key night, Carousel Lounge is a smaller dive bar that’s been part of the neighborhood since 1957. Stop by for nightly specials, including free pool, karaoke, and live music.
Popular shops and restaurants fill the streets
Lots of other shops and restaurants add variety to the neighborhood.
Gwennie’s Old Alaska Restaurant serves classic breakfast dishes surrounded by Alaskan décor
Fiori D’Italia is known for authentic Italian food and its wide-ranging whiskey menu
Bear Tooth Theatrepub is the place to be for movies, drinks and dinner
You can gear up for your next outdoor adventure at The Hoarding Marmot or grab something to read at Title Wave Books
Stores like Carrs and Natural Pantry cover groceries
Gwennie's Old Alaska in Spenard is filled with wall decorations and offers home-style cooking.
Pho Lena in Spenard is often packed to the gills with hungry folks during the afternoon rush.
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Highly rated schools offer multiple pathways
Students in Spenard will likely attend the highly rated Romig Middle School and the top-rated West High School. West High has several pathways for students, including the International Baccalaureate program, a medical academy and Spanish and Russian immersion programs. Students can also participate in the Air Force JROTC. The Anchorage School District also offers magnet schools and some open enrollment options.
Romig Middle School provides a highly rated education for neighborhood students.
West Anchorage High School is the oldest high school in the city of Anchorage and receives top ratings.
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Easy access to every corner of Anchorage
Spenard’s location between the airport and downtown makes it easy to get around Anchorage. “Proximity to the airport is a huge thing. That’s why most people live there, I think,” says Christopher Scott, an associate broker at Jack White Real Estate. “A lot of people in the aviation industry like to be there. A lot of people who enjoy going downtown but don’t want to live downtown live there.” The airport is about a 2-mile drive from the center of the neighborhood, while downtown is about 4 miles away via Minnesota Drive. Bus routes in the area connect to downtown, the airport, shopping malls, hospitals and the University of Alaska Anchorage.
Getting outside is easy at neighborhood parks
Like any Anchorage neighborhood, outdoor recreation is a must in Spenard.
Fish Creek Park and the Fish Creek Trail offer room for a walk or run through the woods
Bring the dogs to burn off some energy in the off-leash area at Connors Bog Park
Javier De La Vega Park hosts sports like baseball, softball and soccer
The whole family can enjoy some time at the Spenard Community Recreation Center
Residents take their dogs for a walk through the woods at Connors Bog Dog Park.
Views on nice days in Spenard often showcase the beautiful Chugach mountains to the east.
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
Are you familiar with the Spenard neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Spenard
US
Homicide
5
4
Sexual Assault
5
4
Assault with Weapon
6
4
Robbery
6
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Spenard Demographics and Home Trends
On average, homes in Spenard, Anchorage sell after 34 days on the market compared to the national average of 58 days. The median sale price for homes in Spenard, Anchorage over the last 12 months is $352,250, up 28% from the median home sale price over the previous 12 months.
2018 complete remodel of both units New kitchen cabinets, counters, newer flooring and updated throughout. This is a top and down apartment style duplex with fireplaces in both units. Great location close to schools, public transporation, shopping and the two freeways Minnesota and Glenn Highways
Fantastic Midtown Investment! This well-maintained, adaptable ranch Duplex home boasts twin garages and can be converted into a 5-bedroom home. Currently operating as an assisted living facility. A rare chance to own a ranch home in this location at an exceptional price! Market Rents are Side A $1500 Side B $1750.
This is a spacious multi-family duplex situated on a large lot in a convenient and well-established Anchorage neighborhood. This property is an excellent opportunity for investors, multi-generational living, or owner-occupants looking to offset their mortgage with rental income. Each unit features a functional layout with generous living spaces, ample natural light, and comfortable bedrooms. The
Prime commercial land in West Anchorage, just off Minnesota Highway offering excellent access and strong traffic counts. Two parcels - 1503 & 1505 W 32nd Ave -totaling approximately ±15,000 SF. 1505 W 32nd Ave has a 1,536 SF leased building on it. Priced at $337,500 and zoned B3 (General Business).
Mark FilipenkoBond Filipenko Commercial Properties, LLC
Corner of Minnisota and 43rd. Hard to find R3 lots! Seller has cleared some trees to open up the area. Public water and sewer stubed. Electric is close to connect. Zoned R3 and ready to build that multi unit property! Plat 153 meachers 50x140. Close to shopping, restaurants. Close to mid town and down town.
Prime commercial land in West Anchorage, just off Minnesota Highway offering excellent access and strong traffic counts. Two parcels - 1410 & 1412 W 33rd Ave -totaling approximately ±16,100 SF. Priced at $347,760 and zoned B3 (General Business).
Mark FilipenkoBond Filipenko Commercial Properties, LLC
27 Townhouse Style Units in Midtown! Beautiful property, minutes from the airport All units 2bed/1.5bath Townhomes w/ WDs, dining area, sliding glass doors and porches. Parking posts /w plugins. Large owner's storage shed w/ electric, gas & water (ADU potential). Exterior storage units most tenants. Newer roofs. Many units updated. Well cared for property with amenities tenants love. Units are
Charming ranch-style home featuring a welcoming entryway, spacious living room, dining area overlooking the backyard, 2 bedrooms, 1 bath, and a 1-car garage. Updated kitchen with stainless steel refrigerator and oven/range. Enjoy the back deck and private yard. New boiler/hot water heater combo installed December 2025. Buyer to verify all information.*New boiler/hot water heater in Dec 2025.
9.96 Acres of R3 land in midtown Anchorage. Located less than a mile from schools, easily accessible, and desirable older Anchorage neighborhood. Public water and sewer, all utilities are on site or adjacent to the parcel. South side of property is bordered by Northwood Park and Fish Creek offering an unobstructed green belt for future residents to enjoy.
Duplex and four plex on one lot. Strong rental income and excellent rental history. Five 2bed/1bath units and one efficiency. Four plex units pay own electric. Duplex rents include all utilities.
You'll 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
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
The advertised rate of $4,940/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 6, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can
The advertised rate of $4,875/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 5, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Top floor elegantly furnished condo, very close to the airport rents for a year or more. Surrounded by gardens, and in very quiet and centrally located area. Close to airport. Bring your suitcase and you are ready to go. No pets, sorry. Will give priority to phone calls. Fireplace and carport .Owner pays for heat and snow removal, trash and water. Tenant for electric.
7m away from the Ted Stevens International Airport. 2m away from the historic Spenard road. 15m away from the coastal trail. Close to a few parks, friendly neighborhood. Closest grocery store is Carrs on Northern Lights, plenty of restaurants close-by. Rent is $2350/month plus $400/month utilities. It comes with a one car garage and 2 off street parking spots. In-unit laundry.
Featuring a newly renovated kitchen and bathroom, this apartment offers modern updates, a functional layout, and a comfortable living space. Conveniently located near restaurants, grocery stores, shopping, and other everyday essentials, you'll enjoy easy access to everything.• Newly renovated kitchen and bathroom• Clean and well-maintained interior• Move-in ready• Convenient
Cute 1 bed, 1 bath located in midtown Anchorage. Close driving distance to stores, downtown and parks! Very secure clean building with coin-operated laundry room. Tenant pays electric and Internet One cat on approval
The advertised rate of $4,300/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 12, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
1504 sq feet of living space with large closets in each bedroom. Main level kitchen/dining, entertainment. Upper level 2 bedrooms/full bath. Washer/dryer in lower level.
Discover 1400 W 47th Ave in Anchorage, AK — a spacious, updated ranch-style apartment featuring LVP flooring and a full-size washer/dryer for convenience. The unit includes a primary suite and generous living areas that enhance everyday comfort. Step outside to a large yard, ideal for outdoor enjoyment and entertaining. Thoughtfully refreshed finishes and a practical layout make this property an
This is a nice upstairs unit with 2 bedrooms. 1 bathroom, large living room. Nice size kitchen and dining area. No smoking in building. No pets please. Tenant pays gas and electric. Parking for 1 or 2 vehicles only. Washer and dryer in unit. Year lease. Call for additional info or showings It is a requirement that all our tenants have "Renters Insurance" with any company you choose. Proof of
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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