Tucked into nearly six acres of pristine hemlock forest in Bear Valley, this newly constructed luxury home is a true masterpiece of custom craftsmanship and thoughtful design. With breathtaking views of Denali, the Anchorage Bowl, Cook Inlet, and the surrounding mountains, every inch of this property was built to inspire and impress.From the moment you arrive, you'll notice the incredible attention to detail from handcrafted cabinetry to architectural timberframe accents. The home flows seamlessly from a true chef's kitchen with an expansive island into a dining space and great room anchored by a stunning wood-burning fireplace. Just beyond, a covered deck invites you to soak in the panoramic views or entertain under the open sky. The upper level also features a showstopping office or bonus room with fireplace, ensuite bath, and wall-to-wall windows framing endless vistas. The luxurious master suite offers equally spectacular scenery imagine waking up to Denali and falling asleep under the Northern Lights. The spa-inspired ensuite bath features a walk-in tiled shower, soaking tub, and bespoke finishes throughout. Downstairs, the walkout lower level includes a spacious family room with its own fireplace, two large bedrooms, two custom-tiled full bathrooms, and a serene sauna retreat. A flexible bonus space offers room for a gym, guest quarters, or creative use. The home offers multiple garage options an oversized two-car garage on the lower level, and a second oversized one-car garage upstairs with direct access to the kitchen and pantry for easy unloading. Private hiking trails extend from your own backyard, and the home's advanced solar and battery system, paired with a diesel backup generator, means you'll enjoy not only luxury and privacy but also full autonomy and energy reliability. This one-of-a-kind home is a rare opportunity to own a custom-built sanctuary in one of Anchorage's most breathtaking settings.
For sale
$1,950,000
7990 Paine Rd, Anchorage, AK 99516
4beds
5,360sqft
Est.:
Single Family Residence
Built in 2024
5.97 Acres Lot
$1,915,400 Zestimate®
$364/sqft
$-- HOA
What's special
Dining spaceArchitectural timberframe accentsSerene sauna retreatTwo large bedroomsHandcrafted cabinetry
- 50 days |
- 1,471 |
- 63 |
Zillow last checked:
Listing updated:
Listed by:
Jonathon Wagner,
Herrington and Company, LLC
Source: AKMLS,MLS#: 26-3144
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 3
Heating
- Fireplace(s), Natural Gas, Radiant Floor
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- BR/BA on Main Level, BR/BA Primary on Main Level, Den &/Or Office, Pantry, Sauna, Soaking Tub, Vaulted Ceiling(s)
- Has basement: No
- Has fireplace: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,360
- Total interior livable area: 5,360 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, RV Access/Parking, Attached, Heated Garage, No Carport
- Attached garage spaces: 3
Features
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: City Lights, Inlet, Mountain(s), Unobstructed
- Has water view: Yes
- Water view: Inlet
- Waterfront features: None, No Access
Lot
- Size: 5.97 Acres
- Features: Poultry Allowed, Views
- Topography: Sloping
Details
- Parcel number: 0201613000001
- Zoning: R10
- Zoning description: Residential Alpine/Slope
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $188,300
- Date on market: 4/1/2026
Estimated market value
$1,915,400
$1.82M - $2.01M
$7,536/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $1,950,000-11.4%$364/sqft |
Source: | ||
| 1/15/2026 | Listing removed | $2,200,000$410/sqft |
Source: | ||
| 7/23/2025 | Listed for sale | $2,200,000$410/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $188,300 +1.2% |
| 2024 | $1,973 +25.5% | $186,100 +29.4% |
| 2023 | $1,572 -2% | $143,800 |
| 2022 | $1,603 | $143,800 |
| 2021 | -- | $143,800 |
| 2020 | -- | $143,800 |
| 2019 | -- | $143,800 |
| 2018 | -- | $143,800 +11.7% |
| 2017 | $709 | $128,700 +79% |
| 2016 | $709 | $71,900 |
| 2015 | $709 | $71,900 |
| 2014 | $709 | $71,900 |
| 2013 | -- | $71,900 +1.8% |
| 2012 | -- | $70,600 |
| 2011 | -- | $70,600 |
| 2010 | -- | $70,600 |
| 2009 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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: Bear Valley
Nearby schools
GreatSchools rating
- 10/10Bear Valley Elementary SchoolGrades: PK-6Distance: 1.5 mi
- 9/10Goldenview Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10South Anchorage High SchoolGrades: 9-12Distance: 3.6 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
- Bear Valley
- 7990 Paine Rd





