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4038 Vance Dr, Anchorage, AK, 99508

5beds
4baths
4,990sqft
$795,000
$159price/sqft
$6,209/moest. monthly cost
$248,360/yrincome needed

About This Home

Investment property with plenty of space. Larger side has 3 bedrooms, 2 full baths, 2 car garage and is nearly 4000 sq ft. ''Smaller'' side has been REMODELED throughout, it has 2 bed, 2 bath and one car garage. Both have laundry, fireplaces, multiple living spaces and decks. Property is on a half-acre and the yard backs right up to the Chester Creek trails. Call to see it.

Getting Around

26
WalkingCar-Dependent
39
TransitSome Transit
61
BikeBikeable

Schools

5/10
4/10
Wendler Middle SchoolGrades 7-81.7 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding,Frame

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Washer/Dryer
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Carpet,Laminate,Other

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total structure area: 4,990
  • Total interior livable area: 4,990 sqft

Property

Details

  • Parcel number: 0071613800001
  • Zoning: R2A
  • Zoning description: Two Family Residential

Features

  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: No Access,None
  • Topography of land: Level

Lot

  • Lot size: 0.60 Acres
  • Features: City Lot,Parkside,Trailside

Parking

  • Total spaces: 3
  • Parking features: Circular Driveway,Paved,RV Access/Parking,No Carport,Attached,Tuck Under
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High

How This Home’s Risks Compare

Earthquake
Winter Weather

FEMA Declared Disasters in Anchorage Municipality and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance $262$3,144
Property Taxes $1,097$13,164
Electricity $831$9,981
Total$6,209$74,508

Income You'd Need if You Spent...

35% on housing$212,880/yr
40% on housing$186,270/yr
45% on housing$165,573/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.5%
4.5%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 99508$144
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99508$226
Anchorage Municipality$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$795,000
2025-02-21Listing removed$925,000
2024-12-02Price change$925,000
2024-09-21Listed for sale$950,000
2020-05-08Listing removed$1,650
2020-03-04Listed for rent$1,650
2018-01-14Listing removed$1,700
2017-11-20Listed for rent$1,700
2013-09-06Sold--

For Sale by Agent

AgentMichael J Liebner
BrokerageJack White Real Estate

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