16528 Kings Way Drive, Anchorage, AK 99516 (MLS# 26-1100)

16528 Kings Way Drive, Anchorage, AK 99516

$1,150,000
Property Type: Residential Bedrooms: 8 Baths: 9 Square Footage: 7,316 Lot Size (sq. ft.): 591,196 Status: Active
Current Price: $1,150,000 Last Modified: 3/21/2026

Overview

Description

Custom-built Bear Valley mountain lodge on 13.57 acres, designed from raw land to frame mountains, water, and Alaska's light. Penthouse-style great room, floating decks, radiant concrete floors, and artisan details throughout. Wildlife, northern lights, and total privacy feel worlds away, yet just 20-25 minutes from Anchorage.

Supplements: Every arrival feels like coming home to your own mountain lodge, where the first things you notice are the silence, the sky, and the sweep of mountains, city lights, and water stretching out in front of you. Perched in Bear Valley on 13.57 acres and boasting over 7,500 square feet, this eight-bedroom, nine-bath home was not just builtit was imagi ...

Listing Details MLS# 26-1100

Location Legal and School Info

Area
25 - Dearmoun Rd - Potter Marsh
Street #
16528
Street Name
Kings Way
Arterial
Drive
Closest USPS Town
Anchorage
State
AK
Zip Code
99516

Contract Info

Price-List
1150000
Date-Listing
2026-02-05
Foreclosure/Bank Own
No

Property Info

Realtor.com Type
Residential - Single Family
Property Attached/Common Walls
No
Construction Status
Existing Structure
Beds
8
Bathrooms Full
9
Bathrooms Total
9
SF-Res
7316
Year Built
2002
Garage Spaces
3
SF-Lot
591196
Lot Area Source
Tax Authority
Acres
13.57
Zoning
R10 - Residential Alpine/Slope
Bathrooms Half
0
Bathrooms Three Quarter
0
Carport Spaces
0

Remarks and Directions

Directions
From Downtown Anchorage: Follow AK-1 S to Old Seward Hwy. Take the Old Seward Hwy exit from AK-1 S 9.1 mi Take Rabbit Creek Rd and Clarks Rd to your destination on Right 5.7 mi

Waterfront Details

Waterfront Name
Little Rabbit Creek

Mortgage Info

EM Minimum Deposit
11500

More Information

Location, Legal, and School Info

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW3341
Tax Map #-Mat-Su
N/A
Tax ID
0205610700001
Taxes (Estimated)
15150
Tax Year
2024
School-Elementary
Bear Valley
School-Middle
Goldenview
School-High
South Anchorage
Legal
Cinerama Terrace TrC

Residential Type

B & B Potential
Yes
Single Family Res
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

1031 Exchange
Yes
AHFC
Yes
Cash
Yes
Conventional
Yes
Owner Finance
Yes
VA Loan
Yes

Exterior Finish

Metal
Yes

Heating

Natural Gas
Yes
Radiant Floor
Yes

Topography

Gently Rolling
Yes
Level
Yes
Sloping
Yes

Roof Type

Metal
Yes

Foundation Type

Block
Yes
Slab
Yes

View Type

City Lights
Yes
Inlet
Yes
Mountains
Yes
Unobstructed
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

Attached
Yes

Wtrfrnt-Frontage

Creek
Yes
Pond
Yes

Carport Type

None
Yes

Floor Style

Multi-Level
Yes

Features-Interior

Basement
Yes
BR/BA on Main Level
Yes
BR/BA Primary on Main Level
Yes
In-Law Floorplan
Yes

Features-Additional

Deck/Patio
Yes
Horse Property
Yes
In City Limits
Yes
RV Parking
Yes
Storage
Yes
View
Yes

Water Source

Well
Yes

Access Type

Paved
Yes

Sewer Type

Septic Tank
Yes

Docs Avl for Review

As-Built
Yes
Docs Posted on MLS
Yes

Property Features

Residential Type: B & B Potential; Single Family Res Exterior Finish: Metal Roof Type: Metal Foundation Type: Block; Slab Floor Style: Multi-Level Garage Type: Attached Carport Type: None Heating: Natural Gas; Radiant Floor Sewer Type: Septic Tank Water Source: Well Features-Interior: Basement; BR/BA on Main Level; BR/BA Primary on Main Level; In-Law Floorplan Features-Additional: Deck/Patio; Horse Property; In City Limits; Storage; View; RV Parking Access Type: Paved View Type: City Lights; Inlet; Mountains; Unobstructed Topography: Gently Rolling; Level; Sloping Wtrfrnt-Frontage: Creek; Pond Wtrfrnt-Access Near: None To Show: ShowingTime Listing Terms Financing: 1031 Exchange; AHFC; Cash; Conventional; Owner Finance; VA Loan Docs Avl for Review: As-Built; Docs Posted on MLS
Listing Office: Alaska Statewide Realty Co
IDX
Last Updated: March - 21 - 2026
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 the site owner are marked with 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. Site contains live data.

(907) 759-7433