23

University Area Homes for Sale

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  • /27

    $470,000

    • 5 Beds
    • 3.5 Baths
    • 2,677 Sq Ft

    4170 Defiance St, Anchorage, AK 99504

    Enjoy Reflection Lake View from your porch! Tri-level home with 5 bedrooms and 3.5 tiled baths. New roof, fresh interior, exterior paint have been completed within the last 3 years. Bright living room with vaulted ceilings and a fireplace, a formal dining area, and an open kitchen with a breakfast bar and eat-in nook.The primary suite includes double closets, skylights, and a soaking tub.

    Agent Photo

    Carmen Robles

    Real Broker Alaska

    (833) 362-8185

    4170 Defiance St, Anchorage, AK 99504
  • /38

    $464,900

    • 4 Beds
    • 3 Baths
    • 2,012 Sq Ft

    5240 E 42nd Ave, Anchorage, AK 99508

    Nice Family home with gated access for RV Parking! Has 4 bd 2.75 Bath and spacious kitchen and living area with real hardwood floors. Large back deck and a huge yard with a shed and swingset on a Cul-de-Sac. Recently added extra office space/ bedroom. Oversized 2 car garage!

    Alexis Black RE/MAX Dynamic Properties

    5240 E 42nd Ave, Anchorage, AK 99508
  • /47

    $449,000

    • 4 Beds
    • 2 Baths
    • 2,114 Sq Ft

    5047 Mills Dr, Anchorage, AK 99508

    Charming College Gate home on a quiet cul-de-sac with a spacious flat yard, RV parking, shed, & mature perennials. Enjoy Trex decks, a cozy covered front porch, & raised garden beds. Two large living areas, fireplaces up & down, French doors to the covered deck, & oversized garage. Newer windows, newer boiler/water heater, & new LVP flooring, Paint, & light fixtures & newer carpet downstairs

    Aurora Courtney Real Broker Alaska

    5047 Mills Dr, Anchorage, AK 99508
  • /25

    $460,000

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft

    5875 Kennyhill Dr, Anchorage, AK 99504

    Corner lot on a cul-de-sac!In 2024 new window blinds, interior paint, new vinyl, and carpets throughout were completed. 2 bedrooms up and 2 bedrooms down with the family room and wet bar/kitchenette that can be used as a MIL unit. Nice back deck, with kitchen access. Fenced yard, with storage shed and room for RV / toy parking.

    Hilary Lockhart Real Broker LLC - Guaranteed

    5875 Kennyhill Dr, Anchorage, AK 99504
  • /28

    $469,000

    • 3 Beds
    • 2.5 Baths
    • 1,600 Sq Ft

    4060 Defiance St, Anchorage, AK 99504

    Beautiful well-maintained, pride of ownership 3 bedrooms and 2.5 bathrooms single family house. This house has been updated throughout the years. Laminate flooring throughout the house, loft/office area on the second level. Large deck/Gazebo in the backyard to enjoy the lakefront view. This must not miss, it's ready for the new owner!

    Shelly Vogel Vogel Realty Group, LLC

    4060 Defiance St, Anchorage, AK 99504
  • /70

    $1,075,000

    • 6 Beds
    • 4.5 Baths
    • 4,013 Sq Ft

    6110 Country Lane Cir, Anchorage, AK 99504

    Architecturally stunning, custom designed and built with extensive master landscaping including pond/waterfall on large woodsy lot with views east and west, and convenient to hospitals and universities.Suits large family with 6 bedrooms. 4.5 baths and 3 car garage. Upgraded sequentially since new and freshly carpeted and painted in 2025.Mechanical systems all carefully maintained.Extensive

    David Windsor RE/MAX Dynamic Properties

    6110 Country Lane Cir, Anchorage, AK 99504
  • /27

    $375,000

    • 4 Beds
    • 1.5 Baths
    • 2,066 Sq Ft

    3541 Glenn-Don Cir, Anchorage, AK 99504

    Welcome to this reverse split-entry home situated on one of the larger lots in the neighborhood, tucked away on a quiet cul-de-sac. Recent upgrades include a brand-new boiler & hot water heater. The upper level offers three bedrooms & full bath with a double vanity. A spacious family room with a fireplace provides a cozy gathering space,while the oversized primary bedroom offers direct access to

    Dar Walden Keller Williams Realty Alaska Group

    3541 Glenn-Don Cir, Anchorage, AK 99504
  • /53

    $459,000

    • 4 Beds
    • 3 Baths
    • 2,871 Sq Ft

    5934 Kody Dr Unit 7, Anchorage, AK 99504

    Tri-level townhouse in a prime location! With 4 bedrooms and 3 baths, there's plenty of space for families or those needing extra room. Enjoy a vaulted main living area, a lower-level family room, and unfinished storage space. Quick access to JBER, UAA, hospitals, and nearby amenities makes this a convenient choice.

    Daniel Potts RealtySimple

    5934 Kody Dr Unit 7, Anchorage, AK 99504
  • /39

    $340,000

    • 3 Beds
    • 2 Baths
    • 1,480 Sq Ft

    3116 Glenn-Don Dr, Anchorage, AK 99504

    A warm, inviting home blending unique split-level charm with modern updates. Its vaulted living space opens gently toward a serene creekside backdrop, while a spacious lower level adds cozy flexibility. Outdoor elements like an RV-ready driveway, and delightful greenery infuse character throughout.

    Craig Channer Real Broker Wasilla

    3116 Glenn-Don Dr, Anchorage, AK 99504
  • /32

    $195,000

    • 2 Beds
    • 1 Bath
    • 1,013 Sq Ft

    4838 Bryn Mawr Ct Unit 4, Anchorage, AK 99508

    Stylish & spacious condo in the UMED district. Features vaulted ceilings, laminate floors, modern tiled wood burning fireplace, two generous bedrooms, and tastefully updated kitchen. Dues incl: HEAT, water/sewer, trash, snow removal, ext + grounds maint, insurance & shared laundry facility. Option to buy fully furnished, if desired. A wonderful condo near trails, parks and easy commuter location.

    Sara Sturgeon RE/MAX Dynamic Properties

    4838 Bryn Mawr Ct Unit 4, Anchorage, AK 99508
  • /23

    $189,900

    • 2 Beds
    • 2 Baths
    • 767 Sq Ft

    5018 E 43rd Ave Unit 5, Anchorage, AK 99508

    Great location with easy access to Med district and local trails. Ground floor 2 Br 2BA condo with nice Master Bedroom with walk in closet. Warm fireplace and spacious pantry. Has an outside deck and also has a storage locker. Newer updated appliances plus an on- demand hot water at sink.

    Glen Hughton Dall Realty, Inc

    5018 E 43rd Ave Unit 5, Anchorage, AK 99508
  • /24

    $419,900

    • 3 Beds
    • 2 Baths
    • 1,707 Sq Ft

    3910 Image Dr, Anchorage, AK 99504

    Seller has already paid for professional exterior paint, buyer just picks the colors! This well-located single-family home is just a short walk from beautiful Reflection Lake. The upper level features an open-concept layout with vaulted ceilings connecting the living, dining, and kitchen areas. Nicely updated! The kitchen offers granite tile countertops, a breakfast bar, and ample cabinet

    Dar Walden Keller Williams Realty Alaska Group

    3910 Image Dr, Anchorage, AK 99504
  • /17

    $50,000

    • Land
    • 0.21 Acre
    • $238,095 per Acre

    4240 Marik St, Anchorage, AK 99504

    CALLING ALL INVESTORS & BUILDERS! Great Lot, zoned for R3, opens up many possibilities for development! On this lot you can have up to 7 units. Privacy on a culdesac and mountain views from a roof top deck, endless possibilities. This lot is just a short distance to reflection lake!

    Joslyn Blanchard Jack White Real Estate

    4240 Marik St, Anchorage, AK 99504
  • /27

    $425,000

    • 4 Beds
    • 3 Baths
    • 2,020 Sq Ft

    5569 Big Bear Way Unit 22, Anchorage, AK 99504

    Discover this move-in ready beautifully updated condo in East Anchorage! This spacious end unit features a modern open layout, abundant natural light, & a newly renovated kitchen w/stainless steel appliances & large island. Enjoy the carpet-free main floor, private balcony, & primary suite w/ walk-in closet & bathroom! Conveniently located near the U-Med district and JBER!

    Dar Walden Keller Williams Realty Alaska Group

    5569 Big Bear Way Unit 22, Anchorage, AK 99504
  • /47

    $845,000

    • 4 Beds
    • 3.5 Baths
    • 4,556 Sq Ft

    3840 Delwood Place, Anchorage, AK 99504

    This spacious updated home in a quiet cul-de-sac is a great place to call home. The main living area showcases a large open gourmet kitchen, granite counters, and new appliances, which opens to a great room with wet bar, perfect for entertaining. This home features an impressive den with a large stone-tiled fireplace, two primary suites, a formal dining area, bonus activity room, sauna room,

    Frederick Sta Maria RE/MAX Dynamic Properties

    3840 Delwood Place, Anchorage, AK 99504
  • /17

    $139,000

    • Land
    • 0.21 Acre
    • $661,905 per Acre

    3910 Lynn Dr, Anchorage, AK 99504

    Vacant lot in a developed part of Anchorage in the U-Med district and around the corner from the Alaska Club East. Trees were cleared at one point, but brush has built back up. Ready to build your owner-occupied duplex or investment triplex.

    Michelle Nelson RE/MAX Dynamic Properties

    3910 Lynn Dr, Anchorage, AK 99504
  • /27

    $225,000

    • 2 Beds
    • 1.5 Baths
    • 1,176 Sq Ft

    3215 Eastgate Place Unit 301, Anchorage, AK 99504

    Discover low-maintenance living in this 2-bed, 1.5-bath East Anchorage condo with 1,176 sq ft of well-designed space. The main level features a cozy living area with a fireplace and bright natural light, plus a spacious kitchen perfect for everyday living. Downstairs offers two private bedrooms and a full bath. Located minutes from UAA, Providence, shopping, and trails, it's ideal for students,

    Bryan Cable Real Broker Wasilla

    3215 Eastgate Place Unit 301, Anchorage, AK 99504
  • /50

    $449,000

    • 3 Beds
    • 3.5 Baths
    • 2,256 Sq Ft

    5608 Tudor Square Ct Unit 19, Anchorage, AK 99504

    Since Buyer's financing fell through, your opportuniity awaits!Welcome home to this impeccably maintained and thoughtfully updated executive townhome nestled in the highly desirable U-Med district and quick access to JBER. Fenced YARD! This spacious residence boasts three generous bedrooms and three and a half bathrooms, offering ample space for comfortable living and elegant entertainingIf

    Kari Disbrow Jack White Real Estate

    5608 Tudor Square Ct Unit 19, Anchorage, AK 99504
  • /10

    $178,900

    • 1 Bed
    • 1 Bath
    • 809 Sq Ft

    4838 Bryn Mawr Ct Unit 1, Anchorage, AK 99508

    Warm up by the fireplace in this welcoming condo featuring an open floor plan, laminate flooring, and generous closet space. Enjoy the ease of secure building access, your own assigned carport, and added storage. Monthly dues cover--water, sewer, refuse, gas, and electric--for worry-free living. Onsite laundry is included at no extra cost.

    Alma Garcia-Tuia Real Estate Brokers of Alaska

    4838 Bryn Mawr Ct Unit 1, Anchorage, AK 99508
  • /3

    $165,000

    • Land
    • 0.17 Acre
    • $970,588 per Acre

    000 Delwood Place, Anchorage, AK 99504

    READY to build on. fantastic gravel soils, nice view, great area. Super convenient to UMED and bases. Lot is excavated for a daylight basement. All utilities and good to go! This is a resale from the original purchaser! Newer expensive homes on the culdesac.

    Steve Karcz North Country Investments

    000 Delwood Place, Anchorage, AK 99504
  • /12

    $775,000

    • 12 Beds
    • 6 Baths
    • 6,120 Sq Ft

    3530 E 42nd Ave, Anchorage, AK 99508

    Well-maintained 6-plex with numerous recent upgrades, including a roof replacement (within 5 years), a new water heater with expansion tank, circulation pump, and updated boiler control panel. Unit 2 features a complete remodel with new plumbing and windows, while Unit 3 boasts 3 new refrigerators and 2 new dishwashers. Excellent condition property with 5 of 6 units currently leased.

    Manny Rodriguez Jack White Commercial

    3530 E 42nd Ave, Anchorage, AK 99508
  • /2

    $1,121,176

    • Land
    • 1.12 Acres
    • $1,001,050 per Acre

    4246 Laurel St, Anchorage, AK 99508

    Development opportunity in the U-MED District. Approx. 1.12 acres of R-O zoned land in premier location. Buyer to perform own due diligence including suitability for Buyers intended use. Surveys available.

    Curt Nading Commercial Real Estate Alaska, LLC

    4246 Laurel St, Anchorage, AK 99508
  • /2

    $525,000 Coming Soon

    • 4 Beds
    • 3.5 Baths
    • 2,088 Sq Ft

    3668 Little Bear Place Unit 6, Anchorage, AK 99504

    4 Bedrooms | 3.5 Bathrooms - Views of Denali-Flexible layout ideal for families, guests, or a home office. Gourmet Kitchen - Contemporary finishes, premium appliances, and plenty of counter space for entertaining. Spacious Living Areas - Open-concept design with abundant natural light and high ceilings. Primary Suite - Luxurious retreat featuring a walk-in closet and spa-inspired ensuite

    Steve Bergin Berkshire Hathaway HomeServices Alaska Realty

    3668 Little Bear Place Unit 6, Anchorage, AK 99504

Why Live in University Area

University Area in Anchorage is a neighborhood that combines residential and retail spaces, making it a convenient choice for those working at nearby universities and hospitals. The University of Alaska Anchorage and Alaska Pacific University are within walking distance, attracting faculty and staff to the area. Additionally, Providence Medical Center and Alaska Native Medical Center provide easy access to healthcare and employment opportunities. The neighborhood features a variety of dining options, including Uncle Joe's Pizzeria and Thai Kitchen, as well as grocery stores like Fred Meyer and Tudor Market. Shopping options include Silva Saddle Western Wear, Alaska Flower Shop, and Value Village. Homes in University Area range from condos to ranch-style houses. Condos are primarily located in the southwest and northern parts of the neighborhood, while single-family homes, including ranch-style and split-level houses, are found on the east side. The area is known for its tree-lined streets and spacious lots. Students in the neighborhood attend College Gate Elementary, Wendler Middle School, and the highly rated Bettye Davis East Anchorage High School. Higher education is accessible at the University of Alaska Anchorage and Alaska Pacific University. Residents enjoy numerous parks and recreational activities, with Goose Lake and University Lake offering walking trails, playgrounds, and opportunities for wildlife viewing. Castle Heights Park provides additional green space for families. The neighborhood is well-connected by several bus routes, and downtown Anchorage is about 5 miles away. The low crime rate compared to the national average adds to the appeal of University Area, making it a practical and attractive option for potential homebuyers.

Frequently Asked Questions

Is University Area a good place to live?
University Area is a good place to live, receiving 3.5 stars from its residents. University Area is considered very car-dependent and somewhat bikeable with some transit options. University Area is a suburban neighborhood. University Area has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 35. The average household income is $106,638 which is above the national average. College graduates make up 33.3% of residents. A majority of residents in University Area are home owners, with 49.4% of residents renting and 50.6% of residents owning their home. A local real estate agent serving University Area can help you decide if this neighborhood is the right one for you. Learn more on our University Area neighborhood guide.
How much do you need to make to afford a house in University Area?
The median home price in University Area is $330,000. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $1,680 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K a year to afford the median home price in University Area. The average household income in University Area is $107K.
What are the best public schools in University Area?
The best public schools that serve University Area are:
What are the best private schools in University Area?
The best private schools that serve University Area are:
What are the most popular zip codes in University Area, Anchorage, AK?
The most popular zip codes in University Area, Anchorage, AK include 99508, 99507, 99504, 99503 and 99501.
What are the most popular neighborhoods near University Area, Anchorage, AK?
The most popular neighborhoods near University Area, Anchorage, AK are Russian Jack Park, Campbell Park, Northeast Anchorage, Airport Heights and Scenic Foothills.

Home Trends in University Area, AK

Housing Trends

Median Sale Price
$279,000
Median Single Family Sale Price
$424,500
Median 2 Bedroom Sale Price
$219,900
Median 1 Bedroom Sale Price
$178,950
Average Price Per Sq Ft
$226
Number of Homes for Sale
18
Last 12 months Home Sales
97
Months of Supply
2.20
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%
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