Rare opportunity to own nearly an acre with Rabbit Creek running through the back of the property in South Anchorage. This 3-bedroom, 2.5-bath home offers a unique setting, abundant privacy, and incredible potential for renovation and customization. Features include a large shed and a spacious lot surrounded by nature. Home is ready for updates and is being sold as-is. Cash only.
For sale
$349,000
5640 Rabbit Creek Rd, Anchorage, AK 99516
3beds
1,932sqft
Single Family Residence
Built in 1977
0.95 Acres Lot
$550,500 Zestimate®
$181/sqft
$-- HOA
What's special
Nearly an acreLarge shed
- 13 hours |
- 625 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Sydney Roth-Peterson,
Real Broker Alaska
Source: AKMLS,MLS#: 26-7471
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Natural Gas
Features
- Storage
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,932
- Total interior livable area: 1,932 sqft
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: Split Entry
- Exterior features: Private Yard
- On waterfront: Yes
- Waterfront features: Waterfront, Creek, Creek Access
- Body of water: Rabbit Creek
Lot
- Size: 0.95 Acres
- Features: City Lot
- Topography: Level
Details
- Additional structures: Shed(s)
- Parcel number: 01711110000
- Zoning: R6
- Zoning description: Suburban Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block, Concrete Perimeter
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $452,600
- Annual tax amount: $5,970
- Date on market: 6/20/2026
- Road surface type: Paved
Estimated market value
$550,500
$501,000 - $600,000
$3,619/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/20/2026 | Listed for sale | $349,000$181/sqft |
Source:  AKMLS #26-7471 Report a problem | ||
| 4/30/2007 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,970 +5.1% | $452,600 +8.2% |
| 2024 | $5,681 +4.3% | $418,200 +8.7% |
| 2023 | $5,446 -1.7% | $384,900 -0.7% |
| 2022 | $5,541 | $387,500 +6.5% |
| 2021 | -- | $363,900 +2.2% |
| 2020 | -- | $356,200 +0.6% |
| 2019 | -- | $354,100 |
| 2018 | -- | $354,100 +4.8% |
| 2017 | $3,368 | $337,800 +0.3% |
| 2016 | $3,368 | $336,700 +4% |
| 2015 | $3,368 | $323,700 +4.9% |
| 2014 | $3,368 | $308,700 +5.5% |
| 2013 | -- | $292,600 +3.3% |
| 2012 | -- | $283,300 -4.6% |
| 2011 | -- | $297,100 -0.2% |
| 2010 | -- | $297,800 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Rabbit Creek
Nearby schools
GreatSchools rating
- 10/10Bear Valley Elementary SchoolGrades: PK-6Distance: 1 mi
- 9/10Goldenview Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10South Anchorage High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Bear Valley
- Middle: Goldenview
- High: South Anchorage
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Alaska
- Anchorage Borough
- Anchorage
- 99516
- Rabbit Creek
- 5640 Rabbit Creek Rd
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