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7990 Paine Rd, Anchorage, AK, 99516

4beds
6baths
5,360sqft
$1,650,000
$308price/sqft
$11,087/moest. monthly cost
$443,480/yrincome needed

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

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
10
BikeSomewhat Bikeable

Schools

10/10
9/10
Goldenview Middle SchoolGrades 7-81.8 mi
10/10

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
    Winter WeatherVery High
  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Avalanche
Earthquake
Landslide
Wildfire

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 $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...

35% on housing$380,125/yr
40% on housing$332,610/yr
45% on housing$295,653/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

$308This listing

vs Other Active Listings

Avg $/sqft

ZIP 99516$311
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99516$266
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
2026-04-01Listed for sale$1,950,000
2026-01-15Listing removed$2,200,000
2025-07-23Listed for sale$2,200,000

For Sale by Agent

AgentJonathon Wagner
BrokerageHerrington and Company, LLC

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