




7990 Paine Rd, Anchorage, AK, 99516
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
- Construction materials: Frame,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 3
Features
- BR/BA on Main Level,BR/BA Primary on Main Level,Den &/Or Office,Pantry,Sauna,Soaking Tub,Vaulted Ceiling(s)
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Fireplace(s),Natural Gas,Radiant Floor
Interior Area
- Total structure area: 5,360
- Total interior livable area: 5,360 sqft
Property
Details
- Parcel number: 0201613000001
- Zoning: R10
- Zoning description: Residential Alpine/Slope
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
- Topography of land: Sloping
Lot
- Lot size: 5.97 Acres
- Features: Poultry Allowed,Views
Parking
- Total spaces: 3
- Parking features: Garage Door Opener,RV Access/Parking,Attached,Heated Garage,No Carport
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Winter Weather
- Avalanche
- Earthquake
- Landslide
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Anchorage Municipality and Alaska
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,343 | $100,116 |
| Home Insurance | $373 | $4,476 |
| Property Taxes | $1,478 | $17,736 |
| Electricity | $893 | $10,721 |
| Total | $11,087 | $133,044 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $1,950,000 |
| 2026-01-15 | Listing removed | $2,200,000 |
| 2025-07-23 | Listed for sale | $2,200,000 |
