2021 MARCH 49TH ESTATE MAGAZINE

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Anchorage

Mat-Su Valley

Kenai Peninsula

March 2021

BUILT BY OUR FAMILY FOR YOURS spinellhomes.com

(907) 344- 5678

Spinell Homes Inc, AK Contractor #220310, Res. #92 & 1572


Get Spoiled By Spinell

WE TACKLE THE HARD STUFF, SO YOU CAN FOCUS ON THE FUN STUFF.

Built by our family for your family Spinell Homes Inc, AK Contractor #220310, Res. #92 & 1572

ANCHORAGE Keller Williams ANCHORAGE Realty Alaska Group Keller Williams Realty Alaska Group

Lauren Glenn Lois Townhomes

Starting at $315,500 Kevin Sigafoos (907) 244-3212

OWN A LOT OR LOOKING AT VACANT LAND? We can build anywhere.

Starting at $356,200 Nadine Park Questa Locke Starting at $360,000 (907) 350-2322 Questa Locke (907) 350-2322

Curry Ridge Starting at $462,000

The Terraces Starting at $455,000 Kevin Sigafoos (907) 244-3212

Dove Tree

Starting at $322,000

Eagles Nest

Starting at $332,000

Harmany Ranch Starting at $650,000

EAGLE RIVER

Questa Locke (907) 350-2322 Keller Williams Realty Alaska Group

spinellhomes.com 2

49th Estate | adn.com/homes

(907) 344–5678 An Advertising Section of Anchorage Daily News, March 2021


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We don’t play House, We go Hunting!

$1,600,000

2800 N Lagoon Drive Wasilla, AK 99654 Beautiful Assisted Living Home with 16 residential units plus two apartments. This property has paved circular drive, wheelchair accessible, Riding chair on stairwell, 5 kitchens, sprinkler system, huge private and shared rooms. Long term business history! Do not pass this one up if you are seeking a Business already established with an outstanding reputation. MLS# 20-8558 Call Elise Ell Buchholz, Realtor, CRS • 907.242.0442 www.buysellwitheliseell.realtor • www.eliseell.jackwhite.com JACK WHITE REAL ESTATE MAT SU 4

49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, March 2021


Why Arizona? Arizona has MORE than 300 days of Sunshine, yearly! Also, there are daily NON-STOP flights from Anchorage to Phoenix. Arizona was the 48th state & Alaska was the 49th. We’re closer than you think!

Why Peggy Young? Being a fellow Alaskan, people are very comfortable working with me! I know how Alaskans think which makes it easier to help with their needs and wants. I have 24+ years of experience in real estate, I am a Top Producer, and I’ve sold in all areas in the Phoenix Valley. Previously, I sold real estate in Alaska for 12 years, before relocating to Arizona in 2008. Arizona is a great retirement, investment, or winter home location for Alaskans. Many Alaskans are buying in Arizona. Arizona is a great winter destination for Alaskans. Call me and I will make it happen for you. $1,200,000

UNDER

CONTRACT

$611,078

UNDER

CONTRACT

An Advertising Section of Anchorage Daily News, March 2021

$395,000

UNDER

CONTRACT

adn.com/homes | 49th Estate

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1

907-441-9000 | 907-273-7247 | INFO@KATHYJFERNANDEZ.COM | KATHYJFERNANDEZ.COM | FEATURED PROPERTY

$950,000 ZONED R3 • 7,296 SF Building • 1100 E 3rd Avenue, Anchorage

SOLD!

$479,900 3BR, 3BA, 1,930SF, 3 Car Gar Home Warranty • 5611 John Muir Circle, Anchorage

6

“Of all the decisions you’ll make when buying or selling a property, none is more important than the person you choose to represent you.” So Let’s Get Started

SOLD IN 3 DAYS!

$389,900 RABBIT CREEK 3BR, 2.5BA, 1,904SF, 2 CAR GAR Home Warranty • 9049 Claridge Place, Anchorage

PENDING!

S OLD

PENDING!

$379,900 4BR, 2BA, 2,247SF, 1 Car Gar Home Warranty • 3230 W 79th Avenue, Anchorage

$369,900 SOUTHSIDE LIVING 5BR, 3.25BA, 2,452 SF, 4 Car Gar Home Warranty • 12327 Gregg Lane #27, Anchorage

$274,900 CHARMING RANCH HOME 3BR, 1.5BA, 1,488 SF Home Warranty • 3836 Baxter Road, Anchorage

ZONED R2M

NEW LISTING

PENDING!

$190,000 ZONED R2M 30,030 SF LOT L26 Grumman Street, Anchorage

$134,900 GROUND FLOOR CONDO 2BR, 1BA, 943SF, 1 Carport Home Warranty • 7748 Boundary Avenue #A1, Anchorage

$119,900 2BR, 1BA, 880SF 8641 Blackberry Street #8B, Anchorage

49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, March 2021


3159 W AMBER LAKE ROAD | MLS #20-17152 AMBER LAKE LAKEFRONT, WITH 270 DEGREE VIEW

$699,999

One of the most amazing lakefront properties anywhere in the area. If you have been searching for a lakefront forever home, do not pass this one by. Year round driveable access, as well as float plane lake makes this a year round home. Massive shop/ garage. This home is entirely off-grid. Solar panels as well as a wind turbine keep the home powered up all year long. Three lots being sold together. tract 16,17,18, totalling 21.08 acres. There is also a Matsu approved gravel site on the property that can be used to produce income. Owner is willing to finance with a significant down and acceptable credit and terms.

$110,000

$29,999

000 NO ROAD REMOTE UNNAMED LAKE | MLS # 20-18572

000 NO ROAD UNNAMED LAKE | MLS # 20-18209

CALL OR TEXT FOR MORE DETAILS.

CALL OR TEXT FOR MORE DETAILS.

IF YOU ARE LOOKING FOR SOLITUDE - 38.82 ACRES

$19,999

TRAPPER LAKE AREA - 9.78 ACRES

$17,499

TR 78 NO ROAD TRAPPER LAKE | MLS # 20-18140

L7 B4 NO ROAD REMOTE SAWMILL LAKE | MLS # 20-16071

CALL OR TEXT FOR MORE DETAILS.

CALL OR TEXT FOR MORE DETAILS.

HIGHLY DESIRABLE TRAPPER LAKE

WONDERFUL, SECLUDED LAKEFRONT PROPERTY

Greg Schaaf REALTOR® | License# 138037 C: (907) 317-2713 | O: (907) 261-7557 gschaaf87@gmail.com An Advertising Section of Anchorage Daily News, March 2021

RE/MAX Dynamic of the Valley 892 E Usa Cir #100, Wasilla, AK 99654

adn.com/homes | 49th Estate

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photo sImILar

Drobenko Investments LLC keLLer WILLIams reaLty aLaska Group 6876 e GateWay Dr.

GeDz ConstruCtIon re/maX DynamIC of the vaLLey 6865 e GateWay Dr.

aLaska Custom home buILDers, LLC eLIte reaL estate Group 6829 e GateWay DrIve

Leonson DesIGn LLC keLLer WILLIams reaLty aLaska Group e eXquIsIte Dr.

March 20 & 21

eXpLore the vIeWs vIeW poInte at the ranCh s sanCtuary DrIve

P a r a de o f H o m e s 12 - 5 P m V i e w P o i n t e & t H e r a nc H DavIDs Investments LLC keLLer WILLIams reaLty aLaska Group 3019 s. barn GabLe Loop

Exit Parks Hwy at Trunk Rd, turn south onS Trunk Rd... Follow the New Homes signs

View Pointe V

To Wasilla asilla

remaX of the vaLLey 3051 s. barn GabLe Loop

aLaska Custom home buILDers LLC

3097 s. barn GabLe Loop

To anchorage MatSu regional Parks hwy

3125 s. barn GabLe Loop

To o Palmer

Each builder’s respective real estate professional will provide you with listing details see:

www.theranchalaska.com/ViewPointe Theranchalaska

keLLer WILLIams reaLty aLaska Group

aLaska Custom home buILDers, LLC eLIte reaL estate Group 3496 s barn GabLe Loop

Drobenko Investments LLC keLLer WILLIams reaLty Group of WasILLa

eLIsha Custom homes

3363 s. barn GabLe Loop

Trunk rd South Exit

eLIte reaL estate Group

re/maX frontIer 3331 s. barn GabLe Loop

New Bluff homes at

GeDz ConstruCtIon

eLIsha Custom homes LLC

@Theranchalaska

Theranchalaska


Realty signs are posted on W. Eighth Avenue in Bootlegger Cove in Anchorage on Monday, Feb. 1, 2021. (Emily Mesner / ADN)

Realtor and broker Art Clark of Alaska Real Estate Associates on Tuesday, Feb. 2, 2021. (Bill Roth / ADN)

“The people that buy houses are not necessarily the people that have been hurt by the economy,” Clark said. New home construction in the Westpark area near Sand Lake Road on Monday, Feb. 1, 2021. (Bill Roth / ADN)

Anchorage home sales set records last year, even as population dropped and unemployment soared Author: Alex DeMarban

There’s also a downside for buyers, who don’t have a lot of houses to pick from, he said. Perhaps 300 houses are for sale in Anchorage now, well below the 1,000-plus he’s seen at times during his career, he said. Some clients have been waiting close to a year to find a home. Most houses are sold within a month, well below the typical time frame, he said.

Home sales in Anchorage last year broke price records and reached their highest volume level in more than a decade, real estate data shows — a rare bright spot for the city’s economy during the COVID-19 pandemic. The brisk sales came even as the city’s population shrank and more residents relied on emergency government assistance to get by. Driving the trends in single-family home sales were the extremely low inventory of homes on the market and low interest rates that made borrowing more affordable, said Bill Popp, president of the Anchorage Economic Development Corp. A spike in demand also came as people looked to upsize their houses, with more families staying home for remote work or classes, he said. Also, retirees were looking to downsize their homes. “It’s a seller’s market,” Popp said. More than 3,200 homes in Anchorage sold in 2020, the most in at least 12 years and well above the annual average, according to data provided by the development corporation, pulled from the Alaska Multiple Listing Service that provides real estate information. Average sale prices for single-family homes reached nearly $394,000 last year, an all-time high, beating the $371,000 seen the last two years, Popp said. His organization released the figures as part of the development corporation’s annual economic forecast. Art Clark, co-owner of Alaska Real Estate Associates, said some homes are receiving multiple offers and can sell for higher than their asking price. The activity continued in November and December, usually a slow time as Alaskans leave the state for holiday travel. But many Alaskans didn’t travel because of the pandemic.

Single-family homes dot the Anchorage Hillside as viewed from Potter Marsh on Monday, Feb. 1, 2021. (Bill Roth / ADN)

New home construction in the Westpark area near Sand Lake Road on Monday, Feb. 1, 2021. (Bill Roth / ADN)

Popp said housing inventories were low last year because many potential sellers kept homes off the market as the pandemic battered the state and national economy. People were cautious because of the uncertainty about how the pandemic would affect their jobs and future work prospects, he said. Home prices in Anchorage have steadily risen since 2011, when the average house sold for $322,000, Popp said. Low interest rates during those years have helped drive the long-term trend, he said. The rising prices come as the Alaska and Anchorage populations have shrunk in recent years, as more people leave Alaska than move here. The strong real estate market is expected to continue this year, Popp said. He said builders are increasingly applying to build new dwellings that help meet the demand, which could help put more homes on the market.

A ’For Sale ’ sign is posted on the corner of Jarvis Avenue and Old Seward Highway in South Anchorage on Monday, Feb. 1, 2021. (Emily Mesner / ADN)

“Alaska Airlines’ loss has been the housing market’s gain,” he said.

“We think there’s a lot of pent-up demand that was not met last year,” he said.

However, only a certain group of people are buying. Many Alaskans are struggling, and more than 10% of the state’s workforce has collected unemployment checks during the pandemic.

Alex DeMarban is a longtime Alaska journalist who covers business, the oil and gas industries and general assignments. Reach him at 907-257-4317 or alex@adn.com.

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49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, March 2021


A TIMELESS BLUFF HOME OVERLOOKING THE ANCHORAGE WILDLIFE COASTAL REFUGE

Masterfully built and meticuluously maintained home, built on the bluff in Resolution Pointe. Open functional spaces, unobstructed views from every window. Master suite on main level with 3 bedrooms and additional master suite upstairs. Stunning kitchen and living spaces. Large 4 car garage. Home is approx. 6,808sf on approx. 21, 610sf lot. AKMLS#20-8774 | Offered at $2,500,000.00

SHANNON INGRAM | YOUR ALASKAN HOME GIRL

907-748-7861 | ShannonIngramAK@gmail.com An Advertising Section of Anchorage Daily News, March 2021

adn.com/homes | 49th Estate

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PUT YOUR LISTINGS IN THE SPOTLIGHT! Reserve your space today.

CONTACT VICTORIA

vhansen@adn.com

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49th Estate | adn.com/homes

HANSEN

907.257.4237

An Advertising Section of Anchorage Daily News, March 2021


We don’t play House, We go Hunting!

00 0 , 89 4 $

491 W Roy Road Wasilla, AK 99623

This really nice 4-plex with great eat curb appeal is fully rented and has been managed by an office that has kept the individual units very clean. Need 24 hours notice to show due to tenants and must wear masks and gloves to insure covid guidelines. Each unit has a one car garage and storage. It is a great investment property! Come schedule appointment today. MLS# 21-1648

Call Elise Ell Buchholz, Realtor, CRS • 907.242.0442 www.buysellwitheliseell.realtor • www.eliseell.jackwhite.com JACK WHITE REAL ESTATE MAT SU

ALASKAREALESTATE.COM T The he most a accurate, ccurate, c complete omplete a and nd ttrusted rusted source Alaska Real Estate! sourc e of Ala ska R eal E state!

• Alaska’s source of real estate listings! • The most accurate! • The most complete! • The Real Estate Professional’s resource!

ALASKA

MLS ALASKA MULTIPLE LISTING SERVICE, INC.

Download AlaskaRealEstate.com’s Mobile Real Estate App to get Access to all local listings from your smartphone or tablet. An Advertising Section of Anchorage Daily News, March 2021

adn.com/homes | 49th Estate

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www.valorfireplaces.com

Over 100 Stoves, Fireplaces & Inserts on Display. 2000 E. Dowling Rd. Anchorage, 99507

562-2249

northeat.com Locally Owned and Operated Since 1977

Like Us on Facebook for Up To Date Specials!

Looking for a Seasoned Agent?

Peggy Kelly

Certified Residential Specialist

Serving Anchorage for 30 plus years!

261-7625 | pckelly@alaska.net 14

49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, March 2021


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adn.com/dailybriefing


That Listing Is On The Market MLS Alaska MLS is the Marketplace!

AlaskaRealEstate.com Making the Market Work!

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49th Estate | adn.com/homes

An Advertising Section of Anchorage Daily News, March 2021


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