16528 King's Way Drive, Anchorage, AK

$1,171,000

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8

Beds

9

Baths

7,553

Square feet

13.57

Acres

About 16528 King's Way Drive

ESCAPE TO THIS BEAR VALLEY RETREAT! - Tucked high in the sought-after Bear Valley of Anchorage, this extraordinary retreat offers the best of Alaska living - sweeping mountain vistas, unmatched privacy, and endless opportunity. Bear Valley is renowned for its beauty, serenity, and proximity to the city while still feeling a world away. Now, you are invited to experience this remarkable setting and imagine it as your own. Set on over 13 pristine acres - with an additional 3-acre parcel available - this 7,550 sq. ft. residence is more than a home; it's a canvas for possibility. A meandering creek and a private pond grace the property, creating a tranquil environment where the sounds of flowing water and the sight of visiting moose, bears, eagles, and other wildlife make each day feel like a true Alaskan escape. The property can be operated as a successful bed and breakfast, with extended-stay and long-term rental potential. Rooms currently rent for over $1,000 per month for the winter season, underscoring the strong investment appeal. With its expansive square footage, thoughtful layout, and incredible views, the home also offers the opportunity to complete updates and finishing touches for more income potential or transforming it into a grand personal residence. From the moment you arrive, you'll feel the sense of retreat - the kind of place where guests never want to leave. Towering mountains, Alaskan wilderness, and endless skies create a backdrop that changes with every season. Here, your vision can take root: a welcoming lodge, a family compound, a luxury rental, or your own statement home in one of Anchorage's most desirable settings. Bear Valley is calling. Come stay, breathe, and take it in. You may never want to leave - and the good news is, you don't have to. Call and set up a showing today!

Features of 16528 King's Way Drive

MLS® # 25-11630
Price $1,171,000
Bedrooms 8
Bathrooms 9.00
Full Baths 9
Square Footage 7,553
Acres 13.57
Year Built 2002
Type Residential
Sub-Type B B Potential,Single Family Res
Style Multi-Level
Status Active

Community Information

Address 16528 King's Way Drive
Area 25 - Dearmoun Rd - Potter Marsh
Subdivision Cinerama Terrace Tr C
City Anchorage
State AK
Zip Code 99516

Amenities

Parking Attached, Heated
Garage Spaces 3
View City Lights, Inlet, Mountains
Is Waterfront Yes
Has Pool No

Interior

Heating Natural Gas, Radiant Floor
Fireplace No
Has Basement No

Exterior

Roof Metal
Foundation Slab, None

School Information

Elementary Bear Valley
Middle Goldenview
High South Anchorage

Additional Information

Date Listed September 8th, 2025
Days on Market 24
Zoning R10 - Residential Alpine/Slope
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMy Favorite Realty LLC

Listing Map

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