16528 Kings Way Drive, Anchorage, AK 99516 - Anchorage Borough

Experience all Alaska has to offer from this stunning 7553sf home with gorgeous and expansive views of the mountains, city and Inlet. Feel remote yet only 20min drive to Anchorage. This special property boasts a well-built home with 8 bedrooms, 9 bathrooms, 3 kitchens, w/ pond along Little Rabbit Creek, all on 16.57ac. Perfect SF, multi generation or Resort. Currently ran as Airbnb/Rental Investment - entrepreneur ready property, exclusive Bear Valley with 360-degree views of surrounding forest, mountains, Anchorage city lights, Cook Inlet, Sleeping Lady and distant mountain range. This One-of-a-Kind property is perfect for an Airbnb, long term rentals, ski/snowboard base camp, artistic music workshop, influencer base, retreat or meditation holistic health resort. Designed for creative entrepreneurial family or working group who can earn with this property. Close to Anchorage amenities including medical and educational facilities. Nestled in a special valley wildlife corridor, Chugach State Park is the backyard, and Little Rabbit Creek runs along one side. Large pond where moose swim, wildlife corridor affords dwellers to witness a large variety of Alaska's animals. Two lots included in the sale totaling 16.5 acres with protected views from every deck in every direction. Three-acre parcel protects views but could be developed for a creative, full view home. Four small floating view decks plus two large view different in every direction. Sunsets over Cook Inlet, visible the majority of the year, learn about the ever-changing northern skies as you watch the sunset in a different location every day. Awesome 50' rock labyrinth is a mesmerizing view where unique weather patterns shift daily. Three floors, under garage dry storage, two custom mosaic murals in two bathrooms, two laundry rooms, marble tub surrounds in six bathrooms. 7-8 separate bedroom areas with bathrooms and decks. More room to grow and develop your ideas! Excellent opportunity to own this unique property that offers both tranquility and adventure with revenue potential. Enterprising multi-generational group could prosper!

Basement: Yes, See Interior Features

Construction Materials: Wood Frame - 2x6

Construction Status: Existing Structure

Dining Room Type: Breakfast Nook Bar

Directions: Take Rabbit Creek Rd to Clarks Rd, Right on King's Way, Stay on road to property

Elementary School: Bear Valley

Exterior Features: Private Yard, Cable TV, Deck/Patio, DSL/Cable Available, Fire Service Area, Garage Door Opener, Land

Exterior Finish: Metal

Features-Additional: Cable TV 3

Features-Interior: Tile Counters

Flooring: Concrete 5, Concrete

Foundation Type: Poured Concrete

Fuel Type: Natural Gas

Garage: Tuck Under, 3 Car

Heating: In-Floor Heat, Radiant

High School: South Anchorage

Interior Features: Basement, BR/BA on Main Level, Ceiling Fan(s), CO Detector(s), Den &/Or Office, Dishwasher, Electric

Lot Size Area: 591109.2

Lot Size Source: Tax Authority

Lot Size Square Feet: 591109.2

Lot Size Units: Square Feet

Main Type: Residential

Middle School: Goldenview

Parking Features: Attached, Heated, Tuck Under

Region: 1 - Southcentral Alaska Region

Road Surface Type: Dedicated Road, Government, Maintained

Roof: Metal

Sewer Type: Septic Tank

Stories: Multi-Level

Style: Multi-Level

Tax Annual Amount: 17174

Tax Year: 2022

Wtrfrnt-Access Near: Pond 2