285 Flower St, Anchorage, AK, 99508
About This Home
Formerly operated as an assisted living home. 4 bedrooms, 2 Baths on the main floor with a vaulted living room, casual dining, and kitchen with multiple exterior doors/entrances. Ramped access on side of house. Upstairs features a 2BR, 1BA full apartment with large living room, fireplace, full kitchen, washer/dryer, covered deck, and dedicated exterior access for added privacy. 3 laundry areas.The ADU design is completely optional - the house is fully connected inside via the main staircase. Lot is paved front and back. Abundant exterior storage space. Close to People Mover bus stop at Flower/Parsons and across the street from the foot tunnel under the Glenn to area shopping/restaurants. 2 of the bedrooms have ensuite baths - one upstairs and one downstairs. Original owners. Excellent option for multi-generational living or buyer looking for 6 bedrooms and ample flex space. Priced well below tax assessed value for an as-is sale. No HOA. Look past the clutter and see the potential...
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Block
- Roof: Asphalt,Shingle
- Construction materials: Frame,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Features
- BR/BA on Main Level,BR/BA Primary on Main Level,Ceiling Fan(s),Family Room,In-Law Floorplan,Vaulted Ceiling(s),Storage
- Window features: Window Coverings
- Flooring: Laminate,Vinyl
- Fireplace features: Gas
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Baseboard,Natural Gas
Interior Area
- Total structure area: 3,688
- Total interior livable area: 3,688 sqft
Property
Accessibility
- Accessibility features: Handicap Accessible
Details
- Parcel number: 0050346700001
- Zoning: R2M
- Zoning description: Multi Family Residential
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Has spa: Yes
- Spa features: Bath
- Waterfront features: None,No Access
- Topography of land: Level
Lot
- Lot size: 6,098 sqft
- Features: Fire Service Area,City Lot,Road Service Area
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,Paved,RV Access/Parking,Attached,No Carport
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Anchorage Municipality and Alaska
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,806 | $33,672 |
| Home Insurance | $182 | $2,184 |
| Property Taxes | $730 | $8,760 |
| Electricity | $614 | $7,377 |
| Total | $4,332 | $51,984 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-09 | Listed for sale | $555,000 |
View on Zillow