9402 Grey Owl Way, Eagle River, AK, 99577
About This Home
Welcome to 9402 Grey Owl Way, an exceptional contemporary residence nestled in the breathtaking landscapes of Eagle River. Built in 2024, this impeccably designed 4-bedroom, 3-bathroom home seamlessly blends modern sophistication with the natural beauty that surrounds it, offering an elevated Alaskan living experience.Thoughtfully designed with both functionality and luxury in mind, the home features an ideal layout with two bedrooms upstairs and two downstairs, providing flexibility for multigenerational living, guest accommodations, or a refined home office retreat. Two expansive family rooms--one on each level--create inviting spaces for entertaining, gathering, or relaxing in comfort and style. The open-concept interior is bathed in natural light, highlighting clean architectural lines, contemporary finishes, and a warm, modern aesthetic throughout. Oversized windows perfectly frame the stunning scenery beyond, bringing the outdoors in and creating a bright, airy ambiance in every season. Step outside to experience one of the home's most captivating features: a spacious Trex deck designed for effortless indoor-outdoor living and year-round enjoyment. Overlooking the beautifully landscaped backyard and sweeping mountain vistas, this outdoor retreat offers the perfect setting for morning coffee, summer entertaining, or peaceful evenings surrounded by Eagle River's picturesque scenery. Beneath the deck, pre-installed hot tub plumbing provides an exceptional opportunity to create your own private spa experience while enjoying the tranquil natural surroundings. The well-maintained backyard offers both beauty and functionality, with thoughtfully landscaped grounds that enhance the home's serene atmosphere and connection to nature. Whether hosting gatherings, enjoying family time, or simply unwinding outdoors, this property offers an exceptional blend of comfort and luxury. Situated in a desirable neighborhood near parks, trails, schools, and everyday conveniences, this nearly new home presents a rare opportunity to own a modern, view-filled retreat in one of Eagle River's most sought-after settings.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Foundation: Concrete Perimeter
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Natural Gas,Radiant Floor
Interior Area
- Total structure area: 2,339
- Total interior livable area: 2,339 sqft
Property
Details
- Parcel number: 0510641800001
- Zoning: UNK
- Zoning description: Unknown
Features
- Waterfront features: None,No Access
Lot
- Lot size: 6,534 sqft
Parking
- Total spaces: 2
- Parking features: Attached,Heated Garage,No Carport
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Winter Weather
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 | $3,483 | $41,796 |
| Home Insurance | $211 | $2,532 |
| Property Taxes | $883 | $10,596 |
| Electricity | $389 | $4,678 |
| Total | $4,966 | $59,592 |
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 |
|---|---|---|
| 2026-01-08 | Listing removed | $700,000 |
| 2025-12-13 | Listed for sale | $700,000 |
| 2025-08-04 | Listing removed | $3,800 |
| 2025-07-22 | Listed for rent | $3,800 |
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