16528 Kings Way Drive, Anchorage, AK 99516
$1,150,000
Property Type:
Commercial Sale
Square Footage:
7,316
Lot Size (sq. ft.):
591,109
Status:
Active
Current Price:
$1,150,000
Last Modified:
3/21/2026
Overview
Description
One-of-a-kind experiential property designed for vision-driven ownership. Eight-bedroom layout
supports boutique lodge, retreat center, or creative live/work use. Penthouse great room, pond and creek frontage, multi-level decks, and expansion potential create a setting where architecture, landscape, and income opportunity converge in Bear Valley.
Supplements: ... (Read more)
Listing Details MLS# 26-1102
Contract Info
- Price-List
- 1150000
- Date-Listing
- 2026-02-05
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 25 - Dearmoun Rd - Potter Marsh
- Street #
- 16528
- Street Name
- Kings Way
- Arterial
- Drive
- Closest USPS Town
- Anchorage
- State
- AK
- Zip Code
- 99516
Property Info
- Type of Property
- Single Use
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Building Status
- Leased
- Acres
- 13.57
- SF-Lot
- 591109.2
- Lot Area Source
- Tax Authority
- SF-Res
- 7316
- Zoning
- R10 - Residential Alpine/Slope
- Year Built
- 2002
Directions and Remarks
- 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
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1A - Anchorage Municipality
- Grid # (Muni Anch)
- SW3341
- Tax Map #-Mat-Su
- N/A
- Legal
- Cinerama Terrace Tr C
- Taxes (Estimated)
- 15150
- Tax Year
- 2024
To Show
- ShowingTime
- Yes
More Information
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
- Owner Finance
- Yes
- VA Loan
- Yes
Exterior Finish
- Metal
- Yes
Heating
- Natural Gas
- Yes
- Radiant Floor
- Yes
Roof Type
- Metal
- Yes
Foundation
- Block
- Yes
- Slab
- Yes
Sewer
- Septic Tank
- Yes
Water Source
- Well
- Yes
Property Features
Heating:
Natural Gas; Radiant Floor
Exterior Finish:
Metal
Foundation:
Block; Slab
Roof Type:
Metal
Sewer:
Septic Tank
Water Source:
Well
To Show:
ShowingTime
Listing Terms Financing:
Cash; Conventional; Owner Finance; VA Loan
Seller's Disclosure ›
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.
