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16409 Sandpiper Drive, Anchorage
$1,950,000
7 Beds ⋅ 5 Baths ⋅ 26-5482 MLS
Experience elevated Alaska luxury in this extraordinary estate offering nearly 8,000 square feet of thoughtfully designed living space, positioned to capture some of the most breathtaking views Anchorage has to offer. From Denali and Sleeping Lady to Flattop and the sparkling inlet below, nearly every room in the home is framed by dramatic panoramic scenery and incredible natural light, (continue) Designed for both grand-scale entertaining and comfortable everyday living, the home features expansive gathering spaces, multiple living areas, and exceptional attention to detail throughout. The main level flows seamlessly between the living room, dining room, breakfast nook, den, office, and chef's kitchen, all opening to a massive view deck complete with a hot tub and outdoor entertaining space. Rich Brazilian hardwood floors, a gas fireplace, built-in audio, custom lighting, and refined finishes create an atmosphere that is both elegant and welcoming. The kitchen is beautifully appointed with premium appliances, granite countertops, built-in refrigeration, wine storage, pot filler, pantry, trash compactor, and instant hot water tap--designed to impress while remaining highly functional. Upstairs, the luxurious primary suite offers a private view deck, spa-inspired ensuite bath with heated floors and steam shower, and a spacious walk-in closet. Additional bedrooms and a massive bonus/playroom over the garage provide incredible flexibility for recreation, media, fitness, or guest accommodations. The lower level offers an entirely separate experience of its own, complete with radiant floor heating, two bedrooms, a full bath, second laundry area, oversized living room with kitchenette-style amenities, expansive flex space, and a climate-controlled wine cellar with approximately 1,000-bottle capacity. Ideal for multigenerational living, extended guests, or potential separate quarters, this level adds exceptional versatility to the property. Every detail of the home has been carefully considered--from the humidified wine cellar and dog wash station to the intercom system, alarm system, A/C, continuous hot water circulation, and generator hookup designed to maintain heat and water during outages. Outside, the fully fenced grounds feature a powered gate, water fountain, yard shed, two separate 3-car garage spaces, and RV/trailer parking on two different levels. This is a rare opportunity to own a true luxury estate that combines scale, craftsmanship, functionality, and unforgettable Alaska views in one exceptional property.

16409 Sandpiper Drive, Anchorage

Listing Office Real Broker Alaska

12110 Upper Heritage Circle, Anchorage
$1,850,000
5 Beds ⋅ 6 Baths ⋅ 26-8402 MLS
Situated on a corner lot, one of the best locations in Cross View, with a circular driveway which delivers family & friends to the inviting front door of this beautiful home. Soaring ceilings, walls of windows, stunning entertainers' kitchen, spacious rooms, large west-facing deck, estate wrought-iron fencing around the backyard, all contribute to the livability of this special home, offering an exceptional family plan on 3 levels with walk-out basement. Besides the main level oversized 4 car garage, a 2nd driveway gives access to a lower additional garage, workshop and amazing storage. Two family rooms include one on the 3rd floor off the bedrooms plus the walk-out basement family room with space for a pool table, exercise equipment, 2nd kitchenette for entertaining, a theater room and a 5th bedroom and bath. Alternatively, the main floor office with double French doors could be utilized as an additional bedroom if needed as the powder room also features a shower. Brand new carpeting & pad were just installed in September 2026 on the entire upper floor and both staircases plus in the media room on the lower level. The remainder of the lower level was re-carpeted in the spring of 2026. Cherry floors and cabinetry, granite and onyx countertops, fine appliances, and lovely territorial views all combine to deliver an enviable environment to enjoy Alaskan living at its finest. Come home to 12110 Upper Heritage Circle.

12110 Upper Heritage Circle, Anchorage

Listing Office The Agency Anchorage

174 Hightower Road, Girdwood
$1,800,000
26-8410 MLS
An exceptional opportunity to acquire a premier commercial property in the heart of Girdwood's Townsquare, just one half mile from other base of Alyeska Resort. Formerly home to the acclaimed Spoonline Bistro, this landmark location served locals and visitors alike through April 2026 and remains thoughtfully configured for restaurant operations, offering a rare turnkey opportunity in Alaska's premier mountain resort community. Zoned G29 commercial/residential the property presents outstanding flexibility for hospitality, retail, mixed- use, or redevelopment opportunities. Positoned in Girdwood's central gathering place, the location benefits from year round tourism, community events,and steady pedestrian traffic generated by one of the states most sought-after recreational destinations.

174 Hightower Road, Girdwood

Listing Office Ski To Sea Properties LLC

12515 Rya Road, Anchorage
$1,675,000
5 Beds ⋅ 5 Baths ⋅ 26-8190 MLS
Horse Property wonderful views overlooking Anchorage, the inlet, Sleeping Lady & often Mt. St Augustine to Mt Mckinley. 3.41 Acre hillside estate near Chugach State Park. Multigenerational home with 5 bedrooms, 5 full baths. Master suite on third floor has vaulted ceilings, huge walk-in closet, jacuzzi & large shower. New Roof just installed. The heated barn could also be used as a garage or shop Three additional bedrooms on third floor with two bathrooms (one jack & jill.) The main level features chef's kitchen with Wolf Range & attached eat in dining area, family room and separate formal dining room. Work from home in a beautiful teak office with attached walk-in file room & bathroom, could also be 6th bedroom. The expansive finished basement offers endless possibilities. Fifth bedroom adjoins a large family room. Perfect for a home theater, a game room, a home gym, an in-law suite, or all of the above, the basement provides the additional space you desire. The property also boasts the heated barn with loft, 4 large stalls ensuring comfort & care for every horse, turnaround paddocks, a fenced pasture, a tack room, a feed room all with tung & groove & ample storage perfect for the dedicated equestrian. This property provides a lot of room for a large family & is versatile in that it could also serve as a BnB or other possibilities.

12515 Rya Road, Anchorage

Listing Office Alcan Realty

20908 Bill Stephens Drive, Chugiak
$1,600,000
26-8013 MLS ⋅ Bella Vista BLDG.
Rare opportunity to own a well-established, highly successful turnkey restaurant celebrating its 50th anniversary this year. The owner is ready to retire, offering a unique chance to acquire the business, commercial property, and residence all in one exceptional package. Bella Vista Pizzeria & Restaurante has long been a Chugiak favorite, known for its authentic Italian and Mediterranean cuisine served in a warm, inviting atmosphere. The 7,674 SF restaurant features seating for 115 on the main level with a cozy gas fireplace, plus two upstairs banquet rooms accommodating approximately 80 and 70 guests--ideal for private events and large gatherings. The property includes a beer and wine license, fully equipped commercial kitchen, fire suppression system, brand-new roof, new make-up air unit, approximately 10-year-old double boiler, office, mechanical room, storage areas, separate employee restroom, four public restrooms, and professionally cleaned carpeting. The Ecolab dishwasher is leased at $120/month. Also included is a 3,145 SF chalet-style residence featuring a vaulted great room with a wood-burning fireplace, four bedrooms, and three bathrooms. Enjoy a spacious wraparound deck and a lower-level mother-in-law apartment complete with a full kitchen, private laundry, separate entrance, and current rental income potential. Situated on an expansive 71,250 SF lot, with the majority of the property paved for ample parking, this offering combines an established business, commercial real estate, and residential living in one unique investment opportunity. Seller may consider owner financing for qualified buyers. ***Business available separately for $400,000. Seller will consider a leaseback of the restaurant space and grant the Buyer a first right of refusal to purchase the restaurant, residence, and real property.***

20908 Bill Stephens Drive, Chugiak

Listing Office RE/MAX Dynamic Properties - Eagle River Branch

7990 Paine Road, Anchorage
$1,585,000
4 Beds ⋅ 6 Baths ⋅ 26-3144 MLS
Known as ''The Raven House'', this extraordinary custom mountain estate is perched high on a mountainside, nestled within a mature hemlock forest and offering a rare combination of privacy, craftsmanship, and self-sufficiency. Set on approximately 6 acres surrounded by breathtaking mountain scenery, the property features private trails leading directly to a peak summit overlooking Cook Inlet, Denali, Sleeping Lady, and the surrounding mountain ranges. Designed for those who seek space, tranquility, and exceptional quality over a conventional neighborhood setting, this is a property unlike any other in Anchorage. Thoughtfully engineered and meticulously constructed, the home showcases remarkable craftsmanship throughout. Expansive windows frame breathtaking panoramic views while filling the living spaces with natural light. Exposed timber accents, custom millwork, premium finishes, and carefully selected materials create a warm, refined interior that is both luxurious and inviting. Every element of the home reflects an uncompromising commitment to quality. Originally designed as a high-performance off-grid residence, the property features a sophisticated solar array, battery storage system, and backup generator that provide dependable year-round operation. With Chugach Electric now extending service to the area, future owners will also have the option of connecting to the electrical grid while retaining the benefits and flexibility of the existing energy systems. The professionally designed kitchen is equally suited for everyday living and entertaining, featuring custom cabinetry, Thermador appliances, stunning quartzite natural stone countertops, an oversized center island, and generous workspace. The spacious primary suite offers a private retreat with breathtaking views, an expansive walk-through closet, and spa-like amenities. Additional bedrooms and flexible living spaces provide exceptional versatility for family, guests, remote work, or hobbies. Outside, the home blends seamlessly into its mountain surroundings. Native vegetation complements the natural landscape while requiring minimal maintenance, allowing the focus to remain on the spectacular setting. A custom cedar sauna, abundant wildlife, and expansive mountain views create a lifestyle that is as peaceful as it is adventurous. Despite its secluded setting, the property is located just 13 minutes from grocery shopping, dining, and everyday conveniences, offering an experience that feels a world away without sacrificing accessibility. Whether you're enjoying a quiet sunrise over the mountains, hiking directly from your own property to breathtaking summit views, working from home surrounded by nature, or entertaining friends in an unforgettable setting, this home offers a lifestyle that is nearly impossible to replicate. This is far more than a luxury home--it's an opportunity to own one of Anchorage's most distinctive private mountain estates.

7990 Paine Road, Anchorage

Listing Office Herrington and Company, LLC

428 W 4th Avenue, Anchorage
$1,500,000
25-9615 MLS
Situated in the vibrant heart of downtown Anchorage's tourist and transit corridor, 428 W. 4th Avenue presents a unique opportunity for retailers, galleries, or office users seeking visibility and a massive amount of foot traffic. This substantial, block-constructed building currently houses the Alaska Fur Gallery and offers flexible multi-level space suitable for a variety of uses. Key Features: " Size: ~17,100 SF across three levels " Location: Just 50 feet east of the 4th & E Street intersectionunmatched exposure in a high-traffic area " Structure: Sturdy block construction with poured concrete slab foundation " Levels: " Ground floor: Retail " Second floor: Retail " Third floor: Office " Full-size basement " Elevator shaft in place for easy retrofitting Building Upgrades: " Roof: 5,700 SF re-roofed with fully adhered EPDM membrane (2016, Center Marc Corporation) " Heating: $300,000 upgraded heating system (installed by True North Mechanical, 2024) " Windows: New caulking for improved efficiency " Fire & Safety: " Dedicated function fire alarm and sprinkler panel (Taylor Fire Protection Services, 2025) " Fire sprinkler upgrades (Cineplex Grenell, 2004) " Boiler: Recently replaced, no structural changes required " Electrical: " Full electrical retrofit (Raven Electric, 2003) " Service panel relocation & upgrade (MPC Energy Services, 2019) " Additional: Elevator shaft ready for install, flexible multi-use spaces, excellent storage in basement Location Advantages: " Surrounded by primary tourist destinations, dining, hotels, and transportation options " Unparalleled signage and frontage on one of Anchorage's busiest pedestrian corridors " Ideal for retail, gallery, restaurant, or creative office users looking for premium downtown real estate

428 W 4th Avenue, Anchorage

Listing Office Brandy Pennington Anchorage Real Estate

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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 Elite Real Estate Group 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 last updated:

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