8460 Paine Rd Anchorage, AK 99516
Bear Valley NeighborhoodEstimated payment $9,463/month
Highlights
- Property fronts an inlet
- Unobstructed Views
- Bluff on Lot
- Bear Valley Elementary School Rated A
- 143 Acre Lot
- Level Lot
About This Lot
Seize the opportunity to own an extraordinary 143-acre parcel nestled in the breathtaking mountains of South Anchorage, Alaska. This rare and expansive property boasts unrivaled 360-degree panoramic views, encompassing the vibrant Anchorage city skyline, the serene waters of Cook Inlet, and the awe-inspiring peaks of the Kenai and Chugach Mountains. Multiple points of access! This is an extraordinary 143-acre parcel comprised of five lots nestled in the breathtaking mountains of South Anchorage, Alaska, presenting a once-in-a-lifetime opportunity to own a true gem in one of Alaska's most coveted regions. With convenient, year-round road access, this expansive land combines seclusion with accessibility, making it an ideal canvas for a private luxury estate, a recreational retreat, an eco-friendly development, or a high-value investment. Imagine designing your dream home atop a gentle rise, surrounded by pristine forests and open meadows, with sweeping vistas of snow-draped peaks, shimmering waters, and vibrant sunsets. Perfect for outdoor enthusiasts, the property offers endless opportunities for hiking, snowshoeing, wildlife viewing, cross-country skiing, and snowmobiling, with moose, bears, and eagles frequently spotted in the area. Located just minutes from downtown Anchorage, this parcel strikes a perfect balance between rural tranquility and urban convenience, providing easy access to top-rated schools, medical facilities, and recreational attractions like the nearby Chugach State Park. The 130 acres feature a mix of terrain with elevated vantage points, ideal for building with views in mind. South Anchorage's unique microclimate offers milder winters, and with the area's growing population and limited land availability, large parcels like this are increasingly rare, promising significant long-term appreciation. This property is a haven for those who cherish Alaska's iconic wilderness, offering unmatched privacy and versatility for a single-family estate, multi-generational compound, or sustainable off-grid retreat.
Property Details
Property Type
- Land
Lot Details
- 143 Acre Lot
- Property fronts an inlet
- Bluff on Lot
- Level Lot
- Property is zoned R10 - Residential Alpine/Slope
Property Views
- Unobstructed Views
- City Lights Views
Schools
- Bear Valley Elementary School
- Goldenview Middle School
- South Anchorage High School
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,212 | $216,900 | $100,300 | $116,600 |
| 2024 | $2,212 | $208,700 | $100,300 | $108,400 |
| 2023 | $2,308 | $199,500 | $100,300 | $99,200 |
| 2022 | $2,122 | $190,300 | $100,400 | $89,900 |
| 2021 | $2,234 | $184,900 | $100,400 | $84,500 |
| 2020 | $2,009 | $182,600 | $100,400 | $82,200 |
| 2019 | $2,058 | $191,100 | $108,000 | $83,100 |
| 2018 | $2,014 | $188,200 | $108,000 | $80,200 |
| 2017 | $2,043 | $194,000 | $108,000 | $86,000 |
| 2016 | $1,830 | $181,100 | $100,400 | $80,700 |
| 2015 | $1,830 | $192,200 | $114,700 | $77,500 |
| 2014 | $1,830 | $197,800 | $114,700 | $83,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2025 10/01/25 | Price Changed | $1,750,000 | -7.9% | -- | |
| 09/19/2025 09/19/25 | Price Changed | $1,900,000 | -11.6% | -- | |
| 09/09/2025 09/09/25 | For Sale | $2,150,000 | +4688.4% | -- | |
| 08/05/2016 08/05/16 | Sold | -- | -- | -- | View Prior Sale |
| 07/15/2016 07/15/16 | Pending | -- | -- | -- | |
| 05/11/2016 05/11/16 | For Sale | $44,900 | -- | $94 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $76,000 | Ftaa | |
| Trustee Deed | $93,144 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Assignment Deed | $59,814 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $76,000 | Purchase Money Mortgage | |
| Previous Owner | $90,000 | New Conventional |
Source: Alaska Multiple Listing Service
MLS Number: 25-11676
APN: 02016104000
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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 Ten-X 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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