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22728 Friendship Ln, Chugiak, AK, 99567

4beds
2baths
1,710sqft
$449,000
$263price/sqft
$3,316/moest. monthly cost
$132,640/yrincome needed

About This Home

It's not often that a piece of Alaskan history like this hits the market. Built in the 60s, this property has been carefully maintained and is being offered for the first time. Spread out on 2.5 acres, this property is a true homesteaders dream with a detached garage, woodworking shop, shed, and greenhouse- offering space for projects, storage, gardening, and self-sufficient living.Inside of the home, you'll find 4 bedrooms and 2 baths with charm sprinkled throughout. This home offers two separate living spaces and a layout that allows for privacy and room to spread out. This property has a story to tell and it's one you'll want to see in person.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

--
Chugiak Elementary SchoolGrades PK-60.5 mi
8/10
6/10
Chugiak High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1954

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Log Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Hlsd Rnch/Dlt Bsmnt,Log,Ranch-Raised
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Basement,BR/BA on Main Level,BR/BA Primary on Main Level,Family Room,Storage
  • Flooring: Carpet,Linoleum
  • 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: 1,710
  • Total interior livable area: 1,710 sqft

Property

Details

  • Parcel number: 0511032800001
  • Zoning: CE-R-7
  • Zoning description: Medium-Density Single Family Residential

Features

  • Levels: Multi/Split
  • Has view: Yes
  • View description: Mountain(s),Partial
  • Waterfront features: None,Access Unknown BTV
  • Topography of land: Hilly,Level

Lot

  • Lot size: 2.50 Acres
  • Features: Landscaped,Poultry Allowed

Parking

  • Total spaces: 1
  • Parking features: Circular Driveway,Detached,No Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • 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

  • Landslide
    LandslideVery High
  • Winter Weather
    Winter WeatherVery High
  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Tsunami
    TsunamiModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Landslide
Winter Weather
Avalanche
Earthquake
Tsunami
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 $2,270$27,240
Home Insurance $140$1,680
Property Taxes $588$7,056
Electricity $318$3,820
Total$3,316$39,792

Income You'd Need if You Spent...

35% on housing$113,691/yr
40% on housing$99,480/yr
45% on housing$88,426/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

$263This listing

vs Other Active Listings

Avg $/sqft

ZIP 99567$247
Anchorage Municipality$252

vs Homes Sold Last Month

Median $/sqft

ZIP 99567$242
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)

No zestimate history available

Price History

DateEventPrice
2026-05-12Pending sale$449,000
2026-05-07Listed for sale$449,000
2000-08-15Sold--

For Sale by Agent

AgentAllana Lumbard
BrokerageReal Broker Wasilla

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