$334,810Average Value$235Average Price per Sq Ft20Homes 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 38 days on the market compared to the national average of 56 days. The median sale price for homes in Spenard, Anchorage over the last 12 months is $358,000, up 26% from the median home sale price over the previous 12 months.
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.
great opportunity. Large house has 3 bedrooms plus two spare rooms with windows. Property is being sold with both lots. Back lot has alley access and has access to Fish creek. Seems to be a nice quiet neighborhood . Can get property then build something on back lot or sell back lot off.(Seller will finance with the right terms.)
This spacious six bedroom, three bathroom, plus office duplex is 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
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
Midtown Anchorage 6-plex offered individually or as part of a two-building package with 810 W 25th Ave. Property features six units, on-site laundry, paved parking, fenced yard, and seller-reported updates including roof, windows, boiler, exterior paint, sewer updates, and upgraded unit interiors. Current rent roll and expense information available for review. Buyer to verify all rents, expenses,
Corner of Minnesota and 43rd. Hard to find R3 lots! Seller has cleared some trees to open up the area. Public water and sewer stubbed. Electric is close to connect. Zoned R3 and ready to build that multi-unit property! Plat 153 measures 50x140. Close to shopping, restaurants. Close to mid-town and downtown.
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
Contractor Special! Ranch style home! This home needs some TLC! As-is, where-is. Good bones, and can be a beautiful home with some updating. Seller will not make any repairs. large living room with a fireplace, nice fenced backyard,
Centrally located 3 bedroom ranch style home. A new furnace was installed in 2022. Seller intended to fully remodel but must now leave the state. Bedrooms are already demoed so there is alot of opportunity in this property for a flipper or handyperson.
Top floor AK Landings condo with vaulted ceilings, triple pane windows, and secure entry to the building. New LVP flooring, fresh interior paint, and updated LED lighting. Open living/dining with lots of natural light and a balcony-style deck. Kitchen features stainless steel appliances and pantry space. Primary bedroom offers two closets and an ensuite bath.Detached single car garage.W/D incl.
Freshly updated West Side duplex, unit features 3 bedrooms, 2.5 bathrooms, 2 car garage, and boasts over 2700 square feet. Main floor features kitchen, living room, dining room, with massive vaulted ceilings that bring in loads of natural light. Basement features 2 more bedrooms and 1 full bath, this unit is squeaky clean. Call today for private showing! Utilities: include gas, electric, and trash
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
Beautifully remodeled 1-bedroom, 1-bathroom apartment offering approximately 700 square feet of comfortable living with all utilities included--tenant is responsible for internet service only. This inviting home features plush new carpeting, fresh modern paint throughout, and is located in a secure-access building with beautifully refinished common areas. Conveniently situated near public
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 $5,416/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 2, 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
Property Id: 1918059 This apartment is located in a ranch style duplex with a private, large fenced in yard, four off street parking spots, and was just updated. The updates include with a new bathroom, paint, carpeting, appliances, windows, roof and back deck that is under construction. Kitchen has a dishwasher and washer/dryer are provided in-unit. Pets allowed with pet fee and deposit!
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
Property Id: 1132445 All utilities included except internet! 2 bed 2 bath split level townhouse in West Anchorage near airport and Rustic Goat. W/D in unit. Fenced yard and small shed. Annual lease available with $2,200 deposit. Cats allowed with $100/cat per month in pet rent. Available now. Background and credit checks will be conducted on applicants.
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 3901 Northwood Drive #7 in Anchorage, AK — a recently updated studio with one bathroom offering practical, comfortable living. This unit includes a parking space and access to on-site washer and dryer facilities. Residents can take advantage of a Tenant Benefit Package and rent reporting, plus a special offer of 25% off the first month’s rent. The property is conveniently located near
HEAT PAID! Recently remodeled 2 Bedroom/1 Bathroom Apartment with styling and functional new kitchen featuring a useful and modern central island. This apartment features 2 spacious bedrooms with plenty of closet space and a recently remodeled bathroom. Conveniently located in midtown you will be centrally located near parks, trails, shopping, dining and just moments away from downtown Anchorage!
Christopher MyersReal Estate Brokers of Alaska Wasilla
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