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1538 Alyeska Hwy #5, Girdwood, AK, 99587

2beds
3baths
1,503sqft
$874,900
$582price/sqft
$5,726/moest. monthly cost
$229,040/yrincome needed

About This Home

Newly built end-unit townhome in Girdwood! Perfectly designed for the outdoor enthusiast and year-round adventure. Ideally located just minutes from Alyeska Resort, this home offers easy access to world-class skiing, hiking, and biking right out your door.The open-concept main level showcases expansive windows that flood the living space with an abundance of natural light.The modern kitchen features stainless steel appliances, quartz countertops, and thoughtfully curated finishes throughout. All bedrooms are located on the upper level, including a spacious primary suite (with bonus area) with beautiful views--perfect for unwinding after a day on the slopes. Enjoy exceptional storage and convenience with a one-car garage plus an additional carport, ideal for all your gear. Enjoy the comfort and convenience this condo offers, featuring in-floor radiant heat, in-unit laundry, and a spacious arctic entry--perfect for additional storage and keeping the elements at bay. Whether you're looking for a full-time residence, vacation retreat, or investment property, this home offers the perfect blend of modern comfort and prime access to everything Girdwood and Alyeska have to offer.

Getting Around

26
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

10/10
Girdwood SchoolGrades PK-81.1 mi
10/10
South Anchorage High SchoolGrades 9-1224.1 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Block,Frame,Metal,Wood Siding

Other

  • Builder name: Last Frontier Contracting

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Luxury Vinyl

Heating

  • Heating features: Radiant Floor

Interior Area

  • Total structure area: 1,503
  • Total interior livable area: 1,503 sqft

Property

Details

  • Parcel number: 0750613850001
  • Attached to another structure: Yes
  • Zoning: gR-1
  • Zoning description: Alyeska Hwy Mixed Residential

Features

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

Parking

  • Total spaces: 2
  • Parking features: Attached,Attached Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 1

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

  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Avalanche
Earthquake
Landslide
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 $4,423$53,076
Home Insurance $132$1,584
Property Taxes $853$10,236
Electricity $318$3,820
Total$5,726$68,712

Income You'd Need if You Spent...

35% on housing$196,320/yr
40% on housing$171,780/yr
45% on housing$152,693/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

$582This listing

vs Other Active Listings

Avg $/sqft

ZIP 99587$1,157
Anchorage Municipality$251

vs Homes Sold Last Month

Median $/sqft

ZIP 99587$514
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
2026-03-19Listed for sale$889,000

New Construction

AgentJoe Bell
BrokerageNotch Realty Co.

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