NOT LISTED FOR SALE

Estimated Value: $459,233 - $552,000

51.48 Acres
$9,539 Price per Acre
2,242,469 Sq Ft Lot

Last Sold January 09, 2025

Current estimated payment $2,941/month

62 Days on Market

Highlights

  • Property fronts an inlet
  • Home fronts a creek
  • 51.48 Acre Lot
  • Bear Valley Elementary School Rated A
  • City Lights View

About This Lot

As of January 2025

ONCE IN A LIFETIME OPPORTUNITY to own a piece of Anchorage & Alaska history. Original homestead property with 51.48 acres atop Bear Valley offers a beautiful & serene setting, lots of level building space, and unmatched views. Build your dream home or rehabilitate existing buildings, which are currently uninhabitable. Property could also be developed. Don't miss this incredible one-of-a-kind lot!

Last Agent to Sell the Property

Doug John

RE/MAX Dynamic Properties License #124172 Listed on: 09/04/2024

RE/MAX Dynamic Properties

Last Buyer's Agent

Uzzil Christian

Jack White Real Estate License #17682

Jack White Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,475

Lot Details

  • 51.48 Acre Lot
  • Home fronts a creek
  • Property fronts an inlet
  • Property fronts a private road
  • Property is zoned R10, Residential Alpine/Slope

Parking

  • Open Parking

Property Views

  • City Lights Views

Schools

  • Bear Valley Elementary School
  • Goldenview Middle School
  • South Anchorage High School

Property Details

Property Type

Land

Est. Annual Taxes

$4,475

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 51.48
  • Road Frontage Type: Private Road, Unknown - BTV
  • Directions: From Seward HWY take Rabbit Creek exit, head up Rabbit Creek Rd to a right on Clarks Rd. Follow all the way up, road turns into Newell Drive. Continue until you see a rope across the road.
  • ResoPropertyType: Land
  • Special Features: None

Exterior Features

  • Topography: Steep
  • View: City Lights, Inlet
  • View: Yes
  • Waterfront Features: Creek Access, Creek
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel

Utilities

  • Utilities: Elec - Adj to Site, Nat Gas-Unknwn-BTV, Well - Unknown-BTV

Schools

  • Elementary School: Bear Valley
  • High School: South Anchorage
  • Middle Or Junior School: Goldenview

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 2242468.8
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Alpine/Slope
  • Zoning: R10
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 4475
  • Tax Map Number: N/A
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Dec 4, 2024
Sold by
Kraus Lenor Renee and Kraus Frederic Robert
Bought by
Bowe Nicholas
Seller's Agent
Doug John
RE/MAX Dynamic Properties
Buyer's Agent
Uzzil Christian
Jack White Real Estate
List Price
$600,000
Views
47
Current Estimated Value
$491,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bowe Nicholas -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Sold -- -- --
12/21/2024 12/21/24 Price Changed $600,000 0.0% $221 / Sq Ft
12/21/2024 12/21/24 For Sale $600,000 0.0% $221 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
11/04/2024 11/04/24 Pending -- -- --
10/08/2024 10/08/24 Price Changed $600,000 -14.3% $221 / Sq Ft
09/04/2024 09/04/24 For Sale $700,000 -- $258 / Sq Ft
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,477 $442,500 $285,600 $156,900
2024 $4,477 $422,400 $285,600 $136,800
2023 $3,350 $306,500 $285,600 $20,900
2022 $3,067 $275,100 $260,000 $15,100
2021 $3,872 $320,500 $285,600 $34,900
2020 $3,245 $295,000 $260,600 $34,400
2019 $3,595 $333,800 $301,500 $32,300
2018 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Alaska Multiple Listing Service

MLS Number: 24-11375

Alaska Multiple Listing Service

APN: 02002139000