9321 Snow Bear Drive, Anchorage, AK 99516
Local realty services provided by:CENTURY 21 Realty Solutions
Listed by: gary cox
Office: real broker alaska
MLS#:26-11584
Source:AK_AMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$274.83
About this home
Exceptional fully remodeled 7-bedroom, 5-bath multi-unit Bear Valley Family Compound offering rare flexibility for investment, multigenerational living, owner occupancy, and established rental-income potential. MILLION DOLLAR VIEWS. $4,000 of rental income pays for approximately $625,000 of your mortgage (Buyer to Verify). See more... Set in Anchorage's desirable Upper Hillside, this distinctive property combines a peaceful,forested setting with expansive views across Cook Inlet, Ted Stevens Anchorage International Airport, and the Anchorage skyline.
The elevated setting is ideal for those seeking a closer connection to nature without giving up access to Anchorage amenities. Surrounded by mature trees, mountain terrain, natural vegetation, and the ever-changing Alaska landscape, the property offers a private, retreat-like atmosphere in every season.
Hundreds of square feet of decks create exceptional outdoor living space for entertaining, morning coffee, sunset viewing, or simply enjoying the inlet, city lights, and dramatic Alaska skies. Nearby Bear Valley and Golden View trail access provides convenient opportunities for hiking, trail running, biking, skiing, snowshoeing, wildlife viewing, and exploring the Hillside.
The property includes a main home, in-law suite, and ADU cabin, creating numerous possibilities for extended family, long-term rental income, short-term rental use, owner occupancy, or a combination of personal and investment use. The in-law suite and ADU cabin have documented long-term rental history of approximately $4,000 per month. The main residence has documented Airbnb and off-season rental income exceeding $70,000 annually, with combined documented income exceeding $10,000 per month for several years.
The main home and ADU are offered furnished for move-in-ready living or turnkey rental use, including furnishings, dishes, flatware, linens, and household essentials. Three new or newer kitchens and five new or newer bathrooms provide outstanding flexibility for multiple households, guests, or tenants.
Major improvements include a new roof, new exterior paint, new driveway, new septic system, new windows, and a new boiler, plus many additional updates throughout. A rare opportunity to own a renovated, furnished, income-producing Bear Valley property with flexible multi-unit living, documented rental history, extensive outdoor living space, nearby recreation, and panoramic Cook Inlet and Anchorage views.
Buyer to independently verify all information, including square footage, rental history and income, expenses, furnishings to remain, zoning, permits, licensing, occupancy limits, utility availability, and permitted uses....
Contact an agent
Home facts
- Year built:1983
- Listing ID #:26-11584
- Added:48 day(s) ago
- Updated:October 26, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:4
- Living area:4,712 sq. ft.
Structure and exterior
- Roof:Asphalt, Composition, Shingle
- Year built:1983
- Building area:4,712 sq. ft.
- Lot area:1.16 Acres
- Foundation Description:Block
- Levels:Tri-Level
Schools
- High school:South Anchorage
- Middle school:Goldenview
- Elementary school:Bear Valley
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$274.83
- Tax amount:$12,510
Parking
- Parking description:Attached, Heated Garage, Tuck Under
- Garage:Yes
- Garage spaces:2
New listings near 9321 Snow Bear Drive
- Coming Soon
$349,000Coming Soon3 beds 2 baths1,148 sq. ft.3131 Bridle Lane, Anchorage, AK 99517
MLS# 26-13504Listed by: ALASKA REAL ESTATE ASSOCIATES, LLC - Coming Soon
$630,000Coming Soon3 beds 3 baths2,264 sq. ft.11024 Bow Circle, Anchorage, AK 99515
MLS# 26-13500Listed by: RE/MAX DYNAMIC PROPERTIES - Coming Soon
$429,000Coming Soon3 beds 3 baths1,620 sq. ft.7725 Synergy Lane #11, Anchorage, AK 99507
MLS# 26-13461Listed by: HERRINGTON AND COMPANY, LLC - Coming Soon
$1,295,000Coming Soon3 beds 4 baths1,966 sq. ft.125 Garmisch Road, Girdwood, AK 99587
MLS# 26-13448Listed by: RE/MAX DYNAMIC PROPERTIES - Coming Soon
$448,000Coming Soon4 beds 2 baths1,996 sq. ft.3626 Bisquier Drive, Anchorage, AK 99508
MLS# 26-13437Listed by: KELLER WILLIAMS REALTY ALASKA GROUP - Coming Soon
$749,000Coming Soon8 beds 4 baths3,808 sq. ft.12621 Tanada Loop, Anchorage, AK 99516
MLS# 26-13438Listed by: LPT REALTY - Coming Soon
$495,000Coming Soon3 beds 3 baths1,692 sq. ft.9197 W Parkview Terrace Loop, Eagle River, AK 99577
MLS# 26-13419Listed by: REAL BROKER ALASKA - Coming Soon
$375,000Coming Soon4 beds 2 baths2,304 sq. ft.1210 E 112th Avenue, Anchorage, AK 99515
MLS# 26-13412Listed by: BERKSHIRE HATHAWAY HOMESERVICES ALASKA REALTY - Coming Soon
$750,000Coming Soon9 beds 6 baths3,744 sq. ft.7300 E 4th Avenue, Anchorage, AK 99504
MLS# 26-13384Listed by: REAL BROKER ALASKA - Coming Soon
$620,000Coming Soon4 beds 3 baths2,080 sq. ft.3211 W 32nd Avenue, Anchorage, AK 99517
MLS# 26-13355Listed by: JACK WHITE REAL ESTATE