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16608 Mercy Dr, Eagle River, AK, 99577

8beds
6baths
4,006sqft
$844,900
$211price/sqft
$6,298/moest. monthly cost
$251,920/yrincome needed

About This Home

Updated townhouse side by side duplex centrally located in the heart of Eagle River. Each 4 bedroom 2.5 bath unit is over 2000 s.f. with large bedrooms, den, fenced yards and oversized double car heated garages. Each unit has it's own gas and electric meter. Owner just pay water/sewer monthly.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

5/10
8/10
6/10
Chugiak High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 2002

Materials

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

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Washer/Dryer HkUp

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Flooring: Carpet,Laminate,Vinyl

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 4,006
  • Total interior livable area: 4,006 sqft

Property

Details

  • Parcel number: 0500414400001
  • Zoning: CE-R-2A
  • Zoning description: Single and Two Family Residential

Features

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

Lot

  • Lot size: 10,454 sqft
  • Features: Covenants,City Lot

Parking

  • Total spaces: 4
  • Parking features: Paved,RV Access/Parking,No Carport,Attached,Heated Garage,Tuck Under
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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
    EarthquakeVery High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Earthquake
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 $4,272$51,264
Home Insurance $258$3,096
Property Taxes $1,101$13,212
Electricity $667$8,013
Total$6,298$75,576

Income You'd Need if You Spent...

35% on housing$215,931/yr
40% on housing$188,940/yr
45% on housing$167,946/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

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 99577$267
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99577$237
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
2026-07-29Price change$844,900
2026-07-07Listed for sale$849,900
2015-07-01Sold--
2014-06-07Listing removed$700
2014-05-26Listed for rent$2,095
2008-05-12Listing removed$1,795
2008-04-16Listed for sale$1,795
2003-07-01Sold--

For Sale by Agent

AgentBryan J Trombley
BrokerageRE/MAX Dynamic Properties - Eagle River Branch

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