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10931 Polar Dr, Anchorage, AK, 99516

3beds
3baths
3,350sqft
$699,999
$209price/sqft
$5,187/moest. monthly cost
$207,480/yrincome needed

About This Home

Set in a very coveted location, this well built 3 story home with views includes an ADU for additional income potential. Starting upstairs you will find the spacious primary suite. This space, modified from the original plan, includes a large primary bed and bath with double sinks, washer and dryer, and walk-in closet. All with the added benefit of a nice separation from the rest of the home.The main floor features cathedral tongue and groove ceilings, wood stove with rock surround, and large picture windows. The kitchen is equipped with oak cabinets and a spacious island, providing ample workspace and storage. You will love the large sundeck overlooking the .53 acre yard space. This home feels very private when you're sitting inside the home because of the elevation of the lot. The lower level is designed as a walkout basement, making it an ideal guest suite with its own private exterior entrance. This level includes a large bedroom, and a full bath with a tiled tub surround. The downstairs bar/ kitchen is set up with a dishwasher, full sink, fridge and a range. The TV's in this space are synced, making it the perfect place to gather with friends for movie night or to watch the big game. This could easily be converted into a separate rental space as the tenants cane get downstairs without having to walk through therein part of the home. This location would be ideal for a jump off point for all of the things Southcentral has to offer. Guests will love the space and the sauna. The large family room would work perfectly for kids young and old to have space for any hobby or game night. A nice large sauna, with multiple benches finishes the space off as a nice relaxing retreat. Making your way outside you'll appreciate the ample room for parking, and the nice lawn space with a firepit. Property Highlights 2022 roof replaced 2021 Pressure tank replaced Cinnamon is considered a City maintained street and it gets plowed all the way out. 2013 4 bedroom Septic was replaced Large garage with tall ceilings. Appliances will stay

Getting Around

25
WalkingCar-Dependent
0
TransitNo Nearby Transit
53
BikeBikeable

Schools

8/10
Bowman Elementary SchoolGrades PK-60.6 mi
5/10
Hanshew Middle SchoolGrades 6-80.6 mi
9/10
Service High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Block,Concrete Perimeter
  • Roof: Asphalt,Composition,Shingle
  • Construction materials: Wood Frame - 2x6,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Basement,BR/BA on Main Level,Ceiling Fan(s),Central Vacuum,Den &/Or Office,Sauna,Vaulted Ceiling(s)
  • Flooring: Carpet,Laminate
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Fireplace(s),Baseboard,Natural Gas,Radiant

Interior Area

  • Total structure area: 3,350
  • Total interior livable area: 3,350 sqft

Property

Details

  • Parcel number: 0161010700001
  • Zoning: R6
  • Zoning description: Suburban Residential

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: City Lights,Mountain(s)
  • Waterfront features: None,No Access
  • Topography of land: Gently Rolling

Lot

  • Lot size: 0.53 Acres
  • Features: Views

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,RV Access/Parking,Attached,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
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
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 $3,539$42,468
Home Insurance $158$1,896
Property Taxes $932$11,184
Electricity $558$6,701
Total$5,187$62,244

Income You'd Need if You Spent...

35% on housing$177,840/yr
40% on housing$155,610/yr
45% on housing$138,320/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

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 99516$313
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
2026-07-17Price change$699,999
2026-06-26Listed for sale$725,000
2026-06-10Pending sale$725,000
2026-06-05Listed for sale$725,000
2013-09-11Sold--
2013-06-18Listed for sale$440,000
2013-04-24Listing removed$469,000
2013-03-06Listed for sale$469,000
2010-10-28Sold--

For Sale by Agent

AgentJesse Tanner
BrokerageTanner Group Premier Real Estate

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