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4025 Cotton Grass Dr, Eagle River, AK, 99577

1beds
1baths
832sqft
$469,000
$564price/sqft
$3,442/moest. monthly cost
$137,680/yrincome needed

About This Home

Escape to serenity in this charming one-bedroom carriage house nestled on almost 5 acres at the base of a mountain with breathtaking views of Mt. Denali adjacent to Federal Park land.Additional Structures: Foundation for Second 3-bedroom House: Plans included. Custom Shed: Suitable for study, storage, or guest space.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

9/10
--
Gruening Middle SchoolGrades 6-84.5 mi
9/10
Eagle River High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Concrete Perimeter
  • Roof: Metal
  • Construction materials: Frame

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Baseboard,Natural Gas,Other

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Property

Details

  • Parcel number: 0680210200001
  • Zoning: RMKS
  • Zoning description: See Remarks

Features

  • Has view: Yes
  • View description: Mountain(s),Unobstructed
  • Waterfront features: None,No Access

Lot

  • Lot size: 4.65 Acres
  • Features: Covenant/Restriction,Views

Parking

  • Total spaces: 2
  • Parking features: Attached,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

  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Avalanche
Earthquake
Landslide
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 $2,371$28,452
Home Insurance $143$1,716
Property Taxes $610$7,320
Electricity $318$3,820
Total$3,442$41,304

Income You'd Need if You Spent...

35% on housing$118,011/yr
40% on housing$103,260/yr
45% on housing$91,786/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

$564This 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
2026-08-04Listed for sale$469,000

For Sale by Agent

AgentUzzil Christian
BrokerageJack White Real Estate

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