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16528 Kings Way Drive, Anchorage, AK 99516

Anchorage
Local realty services provided by:CENTURY 21 Realty Solutions
16528 Kings Way Drive,Anchorage, AK 99516
$1,150,000
  • 8 Beds
  • 9 Baths
  • 7,316 sq. ft.
  • Multi-family
  • Active
Listed by: drew p jones
Office: alaska statewide realty co
MLS#:26-1101
Source:AK_AMLS

Price summary

  • Price:$1,150,000
  • Price per sq. ft.:$157.19

About this home

Purpose-built residence that functions as a small multifamily while retaining single-family zoning. Multiple private suites with ensuite baths and decks allow flexibility for owner-occupants, guests, or rentals. Radiant heat, durable metal roof and siding, strong well water, and thoughtful separation support B&B, retreat, or income-producing use.This Bear Valley property was intentionally designed for flexibility, privacy, and shared livingmaking it uniquely well suited for owner-operators, multi-generational households, or small-scale hospitality use. Set on 13.57 acres with over 7,500 square feet, the eight-bedroom, nine-bath layout offers multiple private suites, many with ensuite baths and decks or patios, allowing occupants to live independently while remaining part of a cohesive property. The top floor functions as a penthouse-style owner's retreat, while the rest of the home was thoughtfully built to support guests, renters, or extended family. Radiant-floor heat, durable...

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Home facts

  • Year built:2002
  • Listing ID #:26-1101
  • Added:143 day(s) ago
  • Updated:June 28, 2026 at 09:18 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:7,316 sq. ft.

Structure and exterior

  • Year built:2002
  • Building area:7,316 sq. ft.
  • Lot area:13.57 Acres
  • Foundation Description:Block, Slab

Schools

  • High school:South Anchorage
  • Middle school:Goldenview
  • Elementary school:Bear Valley

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,150,000
  • Price per sq. ft.:$157.19
  • Tax amount:$15,150

Parking

  • Parking description:Attached
  • Garage:Yes
MLS LogoThe listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated June 29, 2026

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