L1 Paris Way, Eagle River, AK, 99577
About This Home
Discover Eagle River's newest premier 115-lot subdivision offering an exceptional blend of luxury living, thoughtful design, and unbeatable convenience. Nestled on 34 scenic acres in the heart of downtown Eagle River, this exciting new community is surrounded by breathtaking mountain landscapes, expansive open spaces, and walking trails while remaining just minutes from schools, shopping, dining,hiking, fishing, and JBER. Ideal commute location to both Anchorage and the rapidly growing Mat-Su Valley. Homes are being crafted with upscale finishes and modern energy-efficient construction throughout. Standard features include in-floor radiant heat, quartz countertops, luxury vinyl plank flooring, designer-selected finishes, and custom full-extension dovetail soft-close cabinetry. Buyers can choose from a variety of thoughtfully designed floor plans including ranch-style homes, traditional two-story layouts, and walk-out basement options. Built to a minimum 5-Star Plus energy rating or higher, these homes are expected to qualify for the $10,000 Alaska Housing Energy Rebate at closing. Multiple lots and floor plans available. Secure your place in one of Eagle River's most anticipated new developments before selections are gone.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Block,Concrete Perimeter
- Roof: Asphalt,Composition,Shingle
- Construction materials: Wood Frame - 2x6,Wood Siding
Other
- Builder name: Byler Contracting
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Ceiling Fan(s),Den &/Or Office,Family Room,Quartz Counters
- Flooring: Luxury Vinyl
- Fireplace features: Gas
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Natural Gas,Radiant Floor
Interior Area
- Total structure area: 1,786
- Total interior livable area: 1,786 sqft
Property
Details
- Parcel number: 0000000000
- Zoning: CE-R-2M
- Zoning description: Mixed Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: City Lights,Mountain(s),Territorial,Unobstructed
- Waterfront features: None,No Access
- Topography of land: Level
Lot
- Lot size: 4,356 sqft
- Features: Covenant/Restriction,Fire Service Area,City Lot,Corner Lot,Road Service Area,Views
Parking
- Parking features: Garage Door Opener,Paved,Attached,Heated Garage,No Carport
- Has garage: Yes
- Has uncovered spaces: Yes
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
- Avalanche
- 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 | $3,665 | $43,980 |
| Home Insurance | $222 | $2,664 |
| Property Taxes | $706 | $8,472 |
| Electricity | $318 | $3,820 |
| Total | $4,911 | $58,932 |
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 |
|---|---|---|
| 2026-06-03 | Listed for sale | $725,000 |
New Construction
View on Zillow