$1,161,000
NEW CONSTRUCTION

L1 Paine Cir Anchorage, AK 99516

Bear Valley Neighborhood

Estimated payment $7,487/month

Total Views 10,641
4 Beds
2.5 Baths
2,670 Sq Ft
$435 Price per Sq Ft

Highlights

  • Property fronts an inlet
  • New Construction
  • 4.6 Acre Lot
  • Bear Valley Elementary School Rated A
  • Unobstructed Views
  • Deck

About This Home

Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.

Listing Agent

Matt Dimmick

Keller Williams Realty Alaska Group License #14317 Listed on: 03/31/2025

Keller Williams Realty Alaska Group

Co-Listing Agent

Liz Steele

Keller Williams Realty Alaska Group License #17817

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 4.6 Acre Lot
  • Property fronts an inlet
  • Private Yard
  • Property is zoned R10, Residential Alpine/Slope

Parking

  • 3 Car Attached Garage
  • Attached Carport

Property Views

  • Unobstructed Views
  • City Lights Views

Home Design

  • Home to be built
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Den
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Electricity To Lot Line
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Built by Mountain Ridge Custom Homes

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.6
  • Road Surface Type: Gravel
  • Co List Office Mls Id: 955
  • Co List Office Phone: 907-865-6500
  • Directions: Rabbit Creek to Clarks Road, take Clarks for 1/2 mile where it becomes Kings Way (after the mailboxes). Continue on Kings Way 3/4 mile to Paine Rd. Right on Paine and uphill to property on Paine Cir.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Single Family Res
  • Year Built: 2024
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Range/Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Den &/Or Office, Pantry, Quartz Counters, Soaking Tub, Vaulted Ceiling(s)
  • Living Area: 2670

Exterior Features

  • Lot Features: Covenant/Restriction, Views
  • View: City Lights, Inlet, Mountain(s), Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: Yes
  • Builder Name: Mountain Ridge Custom Homes
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck/Patio
  • Property Condition: New - To Be Built
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garaged Spaces: 3
  • Parking Features: Garage Door Opener, RV Access/Parking, Attached, Heated Garage, No Carport
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Utilities: Electric, Phone Connected
  • Water Source: Private, Well

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 200376
  • Mobile Dim Units: Feet
  • Zoning Description: Residential Alpine/Slope
  • Zoning: R10
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $225,000 -80.6% --
04/04/2024 04/04/24 For Sale $1,161,000 -- $435 / Sq Ft
Source: Alaska Multiple Listing Service

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Source: Alaska Multiple Listing Service

MLS Number: 25-3328

Alaska Multiple Listing Service

Alaska Anchorage Borough Anchorage 99516 Bear Valley

L1 Paine Cir, Anchorage, AK

This home is located at L1 Paine Cir, Anchorage, AK 99516 and is currently priced at $1,161,000, approximately $434 per square foot. This property was built in 2024. L1 Paine Cir is a home located in Anchorage Municipality with nearby schools including Bear Valley Elementary School, Goldenview Middle School, and South Anchorage High School.

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.

Alaska Multiple Listing Service 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 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes
Matt Dimmick
Listing Agent
Matt Dimmick
Section Image
Keller Williams Realty Alaska Group
(907) 360-3474