9321 Snow Bear Dr Anchorage, AK 99516
Bear Valley NeighborhoodEstimated payment $8,492/month
Highlights
- Ocean View
- Bear Valley Elementary School Rated A
- 2 Car Attached Garage
About This Home
Exceptional fully remodeled 7-bedroom, 5-bath multi-unit Bear Valley Family Compound offering rare flexibility for investment, multigenerational living, owner occupancy, and established rental-income potential. MILLION DOLLAR VIEWS. $4,000 of rental income pays for approximately $625,000 of your mortgage (Buyer to Verify). See more... Set in Anchorage's desirable Upper Hillside, this distinctive property combines a peaceful,forested setting with expansive views across Cook Inlet, Ted Stevens Anchorage International Airport, and the Anchorage skyline.
The elevated setting is ideal for those seeking a closer connection to nature without giving up access to Anchorage amenities. Surrounded by mature trees, mountain terrain, natural vegetation, and the ever-changing Alaska landscape, the property offers a private, retreat-like atmosphere in every season.
Hundreds of square feet of decks create exceptional outdoor living space for entertaining, morning coffee, sunset viewing, or simply enjoying the inlet, city lights, and dramatic Alaska skies. Nearby Bear Valley and Golden View trail access provides convenient opportunities for hiking, trail running, biking, skiing, snowshoeing, wildlife viewing, and exploring the Hillside.
The property includes a main home, in-law suite, and ADU cabin, creating numerous possibilities for extended family, long-term rental income, short-term rental use, owner occupancy, or a combination of personal and investment use. The in-law suite and ADU cabin have documented long-term rental history of approximately $4,000 per month. The main residence has documented Airbnb and off-season rental income exceeding $70,000 annually, with combined documented income exceeding $10,000 per month for several years.
The main home and ADU are offered furnished for move-in-ready living or turnkey rental use, including furnishings, dishes, flatware, linens, and household essentials. Three new or newer kitchens and five new or newer bathrooms provide outstanding flexibility for multiple households, guests, or tenants.
Major improvements include a new roof, new exterior paint, new driveway, new septic system, new windows, and a new boiler, plus many additional updates throughout. A rare opportunity to own a renovated, furnished, income-producing Bear Valley property with flexible multi-unit living, documented rental history, extensive outdoor living space, nearby recreation, and panoramic Cook Inlet and Anchorage views.
Buyer to independently verify all information, including square footage, rental history and income, expenses, furnishings to remain, zoning, permits, licensing, occupancy limits, utility availability, and permitted uses.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,510
Year Built
- Built in 1983
Lot Details
- 1.16 Acre Lot
- Property is zoned R10 - Residential Alpine/Slope
Parking
- 2 Car Attached Garage
- Tuck Under Parking
Property Views
- Ocean
- Unobstructed Views
- City Lights
Home Design
- 4,712 Sq Ft Home
- Block Foundation
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
Schools
- Bear Valley Elementary School
- Goldenview Middle School
- South Anchorage High School
Utilities
- Septic Tank
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,469 | $900,700 | $108,400 | $792,300 |
| 2024 | $10,952 | $837,700 | $108,400 | $729,300 |
| 2023 | $11,302 | $758,500 | $108,400 | $650,100 |
| 2022 | $10,598 | $750,000 | $108,400 | $641,600 |
| 2021 | $11,109 | $685,300 | $108,400 | $576,900 |
| 2020 | $9,107 | $658,400 | $108,400 | $550,000 |
| 2019 | $8,697 | $646,100 | $108,400 | $537,700 |
| 2018 | $8,598 | $639,300 | $108,400 | $530,900 |
| 2017 | $8,817 | $631,900 | $108,400 | $523,500 |
| 2016 | $7,386 | $649,200 | $108,400 | $540,800 |
| 2015 | $7,386 | $642,000 | $126,700 | $515,300 |
| 2014 | $7,386 | $651,300 | $126,700 | $524,600 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Fidelity Title Agency Ak Llc | |
| Personal Reps Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $83,000 | Credit Line Revolving | |
| Open | $436,000 | New Conventional | |
| Closed | $477,000 | New Conventional | |
| Closed | $20,000 | Unknown | |
| Closed | $308,080 | Purchase Money Mortgage | |
| Previous Owner | $180,000 | New Conventional |
Source: Alaska Multiple Listing Service
MLS Number: 26-11584
APN: 02043121000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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