Ideal Airbnb or Multi-Generational Estate Home w/ Pond, City & Inlet Views on 13.57 Acres, 7 Bedrooms, 8 Baths, 3 Kitchens in Anchorage, Alaska

In the Mountains & Close to the City

Moose and Bear Visit this Property

Lots of Undeveloped Acreage Ready for Your Ideas

Location:   16528   Kings Way Drive, Anchorage, Alaska 99516

Parcel Size

13.57 acres sloping and mostly natural & maintenance free, small pond, very wooded, with mountain, city and Inlet views.

Legal Address

Cinerama Terrace Tr C


7,570 Square Feet, 7 bedroom 8 baths on three levels, completed in 2003 with durable metal siding and roof. Designed specifically for the Alaska weather in this mountainous area for low maintenance. Each of the three levels have in-floor heated concrete floors mostly painted.

Top floor has master bath has jetted tub w/ sauna and another 3/4 bath w/ washer/dryer,

Main floor 2 full baths plus 1 ea 3/4 bath with tree of life mosaic muriel and 1 ea 1/2 bath with washer/dryer

Bottom floor has 2 full baths, 1 shower in basement

Several of the bathrooms have original mosaic art walls that unlike any you have ever seen and each tell a story which the seller will share with the new owners. All full bathrooms have white marble tub surrounds and counter

large 2 car garage, kitchens with solid pine wood cabinets on each level, 9′ ceilings on the ground level, 10′ ceilings in the mid level and 8′ to 12′ vaulted ceiling heights in the top level. Each of the unique bedrooms are artistically designed and painted.

Many other unique features like glass block accents, an abundance of basement storage space, viewing decks on each level, 6 each solar panels.

Basement is fun multi purpose room with tons of storage.


$16,326 per year (Tax ID# 0205610700001)


Telephone, Electric, Natural Gas, Advantix septic system & private well


Ideal south Anchorage location for a creative buyer develop all types of income producing possibilities , mountain, City & Inlet Views from this large hillside parcel with Moose pond, nature trails, 3 full kitchens, in floor heat, Advantix septic system, Solar panels, Steel siding and roof, lots of decks, 3 levels in this home with a very large open space on the top floor.

      Zero maintenance designed improvements and landscaping

     Lots of income possibilities

     3 kitchens with solid pine wood cabinets

     Each of the 7 bedrooms have security locks for the doors

     Solar Panels specifically for water & heating system pumps during emergencies

     Abundance of wildlife in this area – Bear, Moose, Lynx

     Moose pond

     Large tract of land – 13.57 acres with road access in two places

     Great soils for gardening

     Lots of RV & Equipment parking area

     Adjacent 3 acre view parcel also available for sale

Current Interest rate are low making a great time to invest

Multiple Listing #20-9681

Check out this drone video of this property

Sale Price

Sale Price Reduced $1,190,000

Photos & Maps