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Recreational Land for Sale in Anchorage, Alaska

8460 Paine Rd, Anchorage, AK 99516

$1,750,000
143 acres
Active
$150k drop
Est $13,636/mo

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!

Land

143-acres or usable land. Road access to top of property with 360 degree unobstructed views. Lower part of property is trees with some areas cleared. Upper property is above tree line and alpine. Great soils. Gravel building pad at top ready for your dream luxury home or lodge.

Improvements

Currently no permanent structures on the property.

Recreation

This amazing property backs up to the iconic Chugach Mountain range. Filled with some of Alaska's best hiking and skiing.

Region & Climate

This breathtaking piece of heaven is just 26 minutes from Anchorage, the largest city in Alaska. The summers are mild with long daylight hours and the winters are cold but the views from the top are unparalleled.

Location

Located in Bear Valley, a highly sought after area in the Anchorage Borough, on the Hillside. Property is 24 minutes from the Anchorage International Airport and 15 minutes from grocery store and other amenities.

Location

Street address
8460 Paine Rd
Elevation
1,598 feet
Coordinates
61.0649, -149.7249

Directions

Rabbit Creek to Clarks Rd , right to Heights Hill, right to Jamie, left to Nickleen, right to Paine Rd, lot is almost directly across Paine Rd.

Property details

Acreage
143 acres
Posted

Listing history

DateEventPriceChangeSource
Oct 1, 2025Price drop$1,750,000$150,000 -7.9%Listing agent
Sept 20, 2025Price drop$1,900,000$250,000 -11.6%Listing agent
Sept 11, 2025New listing$2,150,000Listing agent
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Payment calculator

This 143-acre property is located at 8460 Paine Rd in Anchorage, AK 99516. The property is available for sale for $1,750,000 with a price per acre of $12,238.

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