Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

12121 Horseshoe Dr, Eagle River, AK, 99577

3beds
2baths
2,913sqft
$500,000
$172price/sqft
$3,851/moest. monthly cost
$154,040/yrincome needed

About This Home

Bring your vision to this property that offers many possibilities! Zoned B3, Commercial/Res in the heart of Eagle River. Perfect property for those seeking a live/work or investment opportunity. Location is near cafes, shopping, and parks to ensure strong future potential. Being sold as-is, with great bones, prime location, & unlimited vision. This home/bus is ready for your creative touch!

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

5/10
8/10
6/10
Chugiak High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1968

Materials

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

Type & Style

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

Interior

Basement

  • Has basement: Yes
  • Basement: Finished

Bedrooms & Bathrooms

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

Features

  • Basement,BR/BA on Main Level,BR/BA Primary on Main Level,Ceiling Fan(s)
  • Flooring: Carpet,Tile
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Baseboard,Natural Gas

Interior Area

  • Total structure area: 2,913
  • Total interior livable area: 2,913 sqft

Property

Details

  • Parcel number: 0500921200001
  • Zoning: CE-B-3
  • Zoning description: General Busines

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Waterfront features: None,No Access
  • Topography of land: Level,Rolling

Lot

  • Lot size: 0.39 Acres
  • Features: Covenant/Restriction,Fire Service Area,Road Service Area

Parking

  • Total spaces: 2
  • Parking features: Detached,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
  • Avalanche
    AvalancheRelatively High

How This Home’s Risks Compare

Earthquake
Winter Weather
Avalanche

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 $2,528$30,336
Home Insurance $153$1,836
Property Taxes $685$8,220
Electricity $485$5,827
Total$3,851$46,212

Income You'd Need if You Spent...

35% on housing$132,034/yr
40% on housing$115,530/yr
45% on housing$102,693/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

$172This listing

vs Other Active Listings

Avg $/sqft

ZIP 99577$268
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
2026-03-09Listed for sale$500,000
2026-01-30Listing removed$550,000
2025-11-11Price change$550,000
2025-11-07Price change$525,000
2025-09-24Listed for sale$575,000
2014-09-16Sold--

For Sale by Agent

AgentElise E Buchholz
BrokerageJack White Real Estate Mat Su

Similar Homes