$999,000
PENDING $96K PRICE DROP

Estimated payment $6,644/month

Total Views 2,646
3 Beds
3 Baths
4,088 Sq Ft
$244 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Property fronts an inlet
  • Unobstructed Views
  • O'Malley Elementary School Rated A-
  • Heated Spa
  • 2.07 Acre Lot

About This Home

This rare Hillside horse property offers some of the most impressive views in Anchorage upon entering the home. Featuring a large chef's kitchen, formal entry, two living areas, and a main-floor primary suite with its own private bath, walk-in closet, and direct access to the massive west-facing deck. The main floor lives like a ranch with contemporary lines and huge updating potential.The walk-out basement offers a second kitchen and extra storage, and could easily be turned into an in-law suite or short-term rental with two separates entrances.

Outside, equestrian enthusiasts will love the 1,850 SF barn, corral, and arena areazoned for up to 8 horses. The barn is well-equipped with four 12x12 stalls, a tack room, feed room, tractor area, and ample storage. There's also a detached 3-car garage for additional gear, vehicles, or workspace. With its generous size and flexible layout, the barn could easily double as RV storage or a large shop, giving you plenty of options to fit your lifestyle.

Enjoy breathtaking 180-degree views of the city of Anchorage, Cook Inlet, and the surrounding mountain ranges right from your property. Plus, you're just minutes away from the Chugach National Forest, with easy access to hiking, single-track trails, and endless outdoor adventures. This is a rare opportunity to own one of the best lots in the city -- with incredible potential to update and transform this home into your dream hillside retreat.

Listing Agent

Michelle Nelson

RE/MAX Dynamic Properties License #17752 Listed on: 07/25/2025

RE/MAX Dynamic Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,526

Year Built

  • Built in 1970

Lot Details

  • 2.07 Acre Lot
  • Property fronts an inlet
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned R9, Rural Residential

Parking

  • 3 Car Garage
  • Open Parking

Property Views

  • Unobstructed Views
  • City Lights Views

Home Design

  • Ranch Style House
  • Block Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 4,088 Sq Ft Home
  • Fireplace
  • Mud Room
  • Family Room
  • Granite Countertops
  • Finished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • Heated Spa
  • Deck

Schools

  • O'malley Elementary School
  • Hanshew Middle School
  • Service High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Baseboard Heating
  • Private Water Source
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,526

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 2.07
  • Road Surface Type: Paved
  • Directions: From Seward Hwy, take O'Malley Exit and turn L at exit, E on O'Malley Rd, E on Upper O'Malley Rd, N on Prospect Dr, house on L
  • Architectural Style: Hlsd Rnch/Dlt Bsmnt
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1970
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Heated
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Arctic Entry, Basement, BR/BA on Main Level, BR/BA Primary on Main Level, Family Room, Granite Counters, In-Law Floorplan, Storage
  • Living Area: 4088

Exterior Features

  • Lot Features: Fire Service Area, Horse Property, City Lot
  • Topography: Sloping
  • View: City Lights, Inlet, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Other Structures: Barn/Shop
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Tar/Gravel

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Open Parking: Yes
  • Parking Features: Paved, RV Access/Parking, Detached, No Carport
  • Total Parking Spaces: 3

Utilities

  • Heating: Fireplace(s), Baseboard, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Schools

  • Elementary School: O'Malley
  • High School: Service
  • Middle Or Junior School: Hanshew

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 90169.2
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: R9

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 14526
  • Tax Map Number: N/A
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $10,051 $869,900 $319,700 $550,200
2023 $9,776 $830,300 $319,700 $510,600
2022 $9,950 $810,400 $319,800 $490,600
2021 $13,562 $776,300 $319,800 $456,500
2020 $9,035 $771,700 $319,800 $451,900
2019 $8,784 $757,700 $319,800 $437,900
2018 $8,149 $717,700 $319,800 $397,900
2017 $8,623 $728,500 $319,800 $408,700
2016 $8,411 $758,000 $319,800 $438,200
2015 $8,411 $689,500 $273,900 $415,600
2014 $8,411 $673,900 $273,700 $400,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Pending -- -- --
08/04/2025 08/04/25 Price Changed $999,000 -8.8% $244 / Sq Ft
07/29/2025 07/29/25 For Sale $1,095,000 -- $268 / Sq Ft
Source: Alaska Multiple Listing Service

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Source: Alaska Multiple Listing Service

MLS Number: 25-9539

Alaska Multiple Listing Service

APN: 01509113000