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Browse All Anchorage AK Between $400K - $500K Properties for Sale

$495,000
26-8701 MLS
For Sale: Owner Financing Considered. Discover a rare downtown Anchorage gem at 841 I Street, a charming and highly versatile dual-use business/residential office positioned in one of the city's most coveted and walkable locations. This distinctive property offers the kind of visibility, character, and convenience that are nearly impossible to replicate -- just steps from the courthouse district, the lush expanse of Delaney Park Strip, and an exciting array of downtown restaurants, hotels, shops, and professional offices. Formerly operated as a law office, this inviting bungalow-style building brings together classic downtown character and practical function, making it ideal for a professional office, boutique business, live/work arrangement, or an inspired hybrid use. Situated in a gateway location with steady daily traffic and exceptional exposure, it places your business in the path of thousands of cars and countless pedestrians every day. With the Anchorage Marriott just half a block away and the legendary Captain Cook Hotel only two blocks farther, the address enjoys immediate access to some of downtown's most recognized hospitality and business landmarks. The surrounding downtown district is celebrated as a compact, walkable destination with restaurants, civic activity, cultural venues, and strong pedestrian connections, adding energy and prestige to the setting. Owner financing may be considered, creating a compelling opportunity for an owner-user or investor ready to secure a standout property in the heart of Anchorage's urban core. If you're looking for a location that blends charm, flexibility, and undeniable presence, 841 I Street delivers a polished downtown address with exceptional potential.

841 I Street, Anchorage

Listing Office Real Broker Alaska

$495,000
2 Beds 1 Baths 26-8700 MLS
For Sale: Owner Financing Considered. Discover a rare downtown Anchorage gem at 841 I Street, a charming and highly versatile dual-use business/residential office positioned in one of the city's most coveted and walkable locations. This distinctive property offers the kind of visibility, character, and convenience that are nearly impossible to replicate -- just steps from the courthouse district, the lush expanse of Delaney Park Strip, and an exciting array of downtown restaurants, hotels, shops, and professional offices. Formerly operated as a law office, this inviting bungalow-style building brings together classic downtown character and practical function, making it ideal for a professional office, boutique business, live/work arrangement, or an inspired hybrid use. Situated in a gateway location with steady daily traffic and exceptional exposure, it places your business in the path of thousands of cars and countless pedestrians every day. With the Anchorage Marriott just half a block away and the legendary Captain Cook Hotel only two blocks farther, the address enjoys immediate access to some of downtown's most recognized hospitality and business landmarks. The surrounding downtown district is celebrated as a compact, walkable destination with restaurants, civic activity, cultural venues, and strong pedestrian connections, adding energy and prestige to the setting. Owner financing may be considered, creating a compelling opportunity for an owner-user or investor ready to secure a standout property in the heart of Anchorage's urban core. If you're looking for a location that blends charm, flexibility, and undeniable presence, 841 I Street delivers a polished downtown address with exceptional potential.

841 I Street, Anchorage

Listing Office Real Broker Alaska

$434,000
3 Beds 2 Baths 26-7786 MLS
Welcome home to this single family home with 3 bedrooms, 2 full bathrooms, and 2 car garage. Located in the highly sought after Independence community of South Anchorage. This home includes a fenced additional parking spot for extra storage or for parking a RV/Boat/Recreational Vehicle. This parking spot is located right down the street from the home Offering a spacious and functional layout, comfortable living spaces, and a private back deck that is perfect for relaxing, entertaining, or enjoying Alaska's summer evenings. Conveniently located near shopping, restaurants, parks, trails, schools, and other everyday amenities, you'll enjoy the best of South Anchorage living with everything you need just minutes away. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance lifestyle, this move-in-ready condo offers comfort, convenience, and an excellent location. Property Highlights Include: New Expanded Driveway in 2025 Bali blinds and screens on all windows Bathroom have updated vanities and vinyl plank flooring Vaulted ceiling in upstairs living area with lots of natural light Back deck is southern facing Functional and efficient layout Additional living room downstairs Minimal outdoor yard maintenance This is a move-in ready home with versatile living spaces in one of Anchorage's most sought-after communities. Schedule a showing today.

1902 Sturbridge Court Unit #6, Anchorage

Listing Office Real Broker Alaska

$420,000
4 Beds 2 Baths 26-7254 MLS
Must see! Newly painted with new carpet, updated triple-pane windows, refreshed kitchen cabinets, refinished concrete countertops, newer LVP flooring, and more. Enjoy the fully fenced yard complete with a storage shed, firepit, and planter boxes. This beautiful 4-bedroom, 2-bath home is located in the highly sought-after College Gate East community, centrally located near schools, churches, parks. Nestled in the desirable College Gate East neighborhood, this beautifully maintained home offers the perfect combination of comfort, functionality, and a peaceful natural setting. Backing directly to Chester Creek, you'll enjoy added privacy with no rear neighbors and the sights and sounds of nature just beyond your fully fenced backyard. The outdoor space is ideal for entertaining, gardening, or relaxing around the firepit, complete with planter boxes, a storage shed, and room for pets or play. Inside, nearly 2,000 square feet of living space provides four spacious bedrooms, two full bathrooms, and a versatile split-entry layout designed for everyday living. Thoughtful updates throughout the home include energy-efficient triple-pane windows, refreshed kitchen cabinetry, refinished concrete countertops, luxury vinyl plank flooring, and updated lighting, offering both style and peace of mind. Conveniently located near schools, parks, shopping, restaurants, JBER, UAA, hospitals and the extensive Chester Creek trail system, this home combines a quiet, established neighborhood with easy access to everything East Anchorage has to offer. Whether you're enjoying your morning coffee overlooking the greenbelt or hosting friends and family in the backyard, this is a home you'll love coming back to every day.

2928 Ambergate Drive, Anchorage

Listing Office Jack White Commercial

$475,000
6 Beds 4 Baths 26-6760 MLS
Use as an investment, accommodate extended family, enjoy multi-generational living, or simply make this beautifully remodeled 2,466-square-foot property your spacious home. With 6 bedrooms, 4 full bathrooms, two full kitchens, and living space on both levels, this unique home offers exceptional flexibility to fit a variety of needs. Featuring 3 bedrooms, 2 bathrooms, and a full kitchen on each level, the thoughtful floor plan provides an abundance of space for a large family, multi-generational living, guests, hobbies, home offices, or simply enjoying the room to spread out. No detail has been overlooked in the complete top-to-bottom remodel. Luxury vinyl plank flooring runs throughout the home, creating a modern and cohesive look. Both kitchens feature all-new appliances, including refrigerators, ranges, and dishwashers, with a built-in microwave in the lower-level kitchen. The bathrooms have been beautifully updated with modern tiled bathtub and shower areas. Laundry is conveniently available on both levels, with a new stackable washer and dryer on the main level and a full-size washer and dryer on the lower level. Step outside to a large, partially fenced yard with plenty of space for outdoor activities, entertaining, pets, gardening, or simply enjoying the outdoors. While this home is ideal as one spacious residence, its unique layout also offers outstanding flexibility for multi-generational living or the opportunity to utilize it as an investment. The two-level configuration, separate living areas, full kitchens, and laundry on both levels provide an appealing option for those looking to create additional income potential, subject to local regulations and buyer verification. This is a home that offers much more than bedrooms and bathrooms. It provides options and flexibility for today's buyer. Enjoy it as one large, beautifully updated home, accommodate extended family, or take advantage of its potential as an investment. With extensive updates, generous living space, two kitchens, four bathrooms, and a large partially fenced yard, this property offers an exceptional combination of comfort, versatility, and value. The seller is motivated and has made a significant price improvement! Don't miss the opportunity to take a fresh look at this unique and beautifully remodeled home. Lori Guy at Stewart Title provides excellent service!

602 N Park Street, Anchorage

Listing Office Frontier Realty

$475,000
3 Beds 2 Baths 26-6133 MLS
**THEY DON'T MAKE THEM LIKE THIS ANYMORE.** Tucked away in Anchorage's desirable Klatt area, this one-owner custom home blends timeless craftsmanship, self-sufficient living, and the kind of character you simply can't recreate today. Built in 1986 and lovingly cared for ever since, this property offers the rare opportunity to own a home with soul -- updated where it counts, meticulously maintained, and full of stories. Enjoy the freedom of living in Anchorage **without an HOA**, plus the independence of your own **private well and septic system** - no city water or sewer bills here. Outside, the property truly shines with established garden beds, a charming greenhouse complete with an automatic fan system, and an incredible oversized deck above the two-car garage that's perfect for summer entertaining, gardening, or simply soaking up the midnight sun. Inside, you'll find spacious living areas filled with warmth and functionality, including a large primary suite, dedicated home office, Corian countertops, authentic Andersen Windows, and an impressive professional-grade side-by-side refrigerator and freezer setup. The laundry room even features an additional commode closet for added convenience. Originally designed as a 4-bedroom home, one wall was removed to create larger living space and could easily be converted back for additional bedroom needs. And then there's the shed - a true piece of Alaska history. Built from the back end of an old delivery truck and already on the property when the owners purchased the lot decades ago, it remains as a quirky and unforgettable nod to the property's roots. This is the kind of home that feels different the moment you arrive - solid, authentic, and deeply cared for. Homes with this much character, privacy, and flexibility rarely come available in Anchorage. **Schedule your private showing today before someone else claims this one-of-a-kind property.**

11441 Dave Lane, Anchorage

Listing Office My Favorite Realty LLC

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Real Estate Company are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

Between $400K - $500K Anchorage Real Estate

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