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21550 Cheely's Ln, Chugiak, AK, 99567

6beds
5baths
3,803sqft
$1,350,000
$355price/sqft
$9,458/moest. monthly cost
$378,320/yrincome needed

About This Home

25 acres of incredible views with recently remodeled 3 bdrm home, w/ garage, ADU includes 5 acres of C-ER-B3 with an operating business in the Eklutna Valley. Sold as a package the home, ADU and seasonal business provide the best of both worlds. Walk to work, live in the mountains and thrive on the mountain life. Full remodel in 2022 turned the primary home into a gorgeous mountian oasis.Live, Work, and Thrive in the Mountains of Eklutna A Turnkey Estate & Business Retreat Nestled in the mountains of Eklutna Valley, this rare property pairs a fully renovated home w/ detached ADU & turnkey commercial operation, all set against the backdrop of the Chugach Range. Every major improvement is complete, from new foundations, equipment & infrastructure to move-in-ready home, revenue-generating rentals & operating business. Whether you're looking to run a business, host guests, develop residential lots, or simply live surrounded by trails, wildlife, & mountain views, this property is ready for you to step in and start living the life you've been chasing. LISTING INCLUDES BOTH PARCELS - Total numbers used in listing totals. Residential Property Improvements - 20 acre residential lot " Move-in ready main residence -- Foundation fully restored and the entire home remodeled top to bottom: new flooring, quartz countertops, custom cabinetry, remodeled bathrooms, and furnishings included. Just bring your bags. " Remodeled detached ADU with 2 car garage -- Two bedroom additional dwelling unit upstairs (816 sqft.) with 2 car garage below (800sqft plus mechanical room) is newly remodeled and ready for use. " Remodeled garage with heat and power -- Jacked, leveled, and set on a new concrete foundation, complete with electrical and heat. A true four-season workshop, storage, or hobby space. " Concrete perimeter sidewalks around the main house -- Clean, low-maintenance access on 2 sides of your mountain home. " Dual RV pads flanking the garage -- Each with septic, electrical, and water hookups -- ready to host guests, seasonal workers, or extra income from day one. " 20 acre residential lot cleared, graded, and graveled -- Prime, ready-to-build parcels carved out of the wilderness, with driveways already in place. " Cleared trails and green space across a major portion of the property -- Dead spruce, alder, and willow removed to reveal a private, walkable trail network right outside your door. " 8' privacy fence along the east easement -- Added seclusion and peace of mind on this stunning acreage. Commercial Property Improvements " 5 acres of B-3 commercial land -- Commercial parcel extends across Eklutna Lake Rd. Overburden selectively cleared across ELR and ready for your next commercial venture. " Fully renovated income-producing Food Stand (Ice Cream Shop), laundromat, showers and bathrooms -- Turnkey commercial space ready to operate or lease immediately. $100k in new equipment for the ice cream shop. Walk into a fully outfitted, revenue-ready seasonal business. Operating since the mid-1980's this shop comes with a loyal customer base. Traditionally open May - September. Equipment includes ice cream dipping cabinet, soft serve machine, 3 head espresso machine, coffee grinder, 2 single door coolers, 1 double wide True cooler, 1 small fridge, 2 freezers, commercial fridge, triple dip sink, laundromat, 3 bathrooms with showers, and lawn furniture on the patio. " Remodeled apartment above Food Stand -- Remodeled to add a bathroom and upgraded trex deck. Ideal for on-site staff, rental income, or your own private mountain retreat. " New septic system plus two additional RV hookups -- Infrastructure already in place to expand hosting capacity or accommodate a growing team. Installed in 2023, designed by Pannone Engineering. " Store foundation lifted and reinforced -- The bathroom-side of the commercial structure was raised, leveled, and set on a new concrete foundation for long-term stability. " Paved, graded parking lot -- Approx 60 parking spots that fill up on a sunny, summer day. Professional first impression and easy access for guests, customers, and staff alike. " Concrete pads added for propane tank and telescope -- Stabilized for the future to ensure longevity. " Hydroseeded and top-soiled lawns -- A polished, welcoming entrance framed by the Chugach Mountains. " Newer lawn equipment included -- Zero turn electric lawn mower, blower and weed trimmer. Grounds maintenance covered from day one.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

10/10
Chugiak Elementary SchoolGrades PK-69.4 mi
8/10
6/10
Chugiak High SchoolGrades 9-1212.1 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Block,Unknown - BTV
  • Roof: Asphalt
  • Construction materials: Frame,Metal,Wood Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

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

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 5
  • Full bathrooms: 1
  • 3/4 bathrooms: 4

Features

  • Arctic Entry,Ceiling Fan(s),Quartz Counters,Storage
  • Window features: Window Coverings
  • Flooring: Carpet,Laminate
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Baseboard,Electric,Floor Furnace,Oil,Separate Meters

Interior Area

  • Total structure area: 3,803
  • Total interior livable area: 3,803 sqft

Property

Details

  • Parcel number: 0570510200001
  • Zoning: CE-R-9
  • Zoning description: Low Density Residential

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: Mountain(s),Unobstructed
  • Waterfront features: None,Lake Privileges
  • Topography of land: Gently Rolling,Level,Wetlands
  • Horses can be raised: Yes

Lot

  • Lot size: 25 Acres
  • Features: Horse Property,Landscaped,Corner Lot,Parkside,Road Service Area,Trailside,Views

Parking

  • Total spaces: 4
  • Parking features: RV Access/Parking,Attached,Detached,Heated Garage,Tuck Under,No Carport
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 $6,826$81,912
Home Insurance $422$5,064
Property Taxes $1,577$18,924
Electricity $633$7,607
Total$9,458$113,496

Income You'd Need if You Spent...

35% on housing$324,274/yr
40% on housing$283,740/yr
45% on housing$252,213/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

$355This listing

vs Other Active Listings

Avg $/sqft

ZIP 99567$240
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)

Price History

DateEventPrice
2026-07-05Listed for sale$1,350,000
2015-03-27Sold--

For Sale by Agent

AgentTeal S Heller
BrokerageReal Broker Alaska

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