16940 Mercy Dr, Eagle River, AK 99577
Property image
Property image
OFF MARKET

16940 Mercy Dr
Eagle River, AK 99577

  • 4 Beds
  • 2 Baths
  • 1,710 sqft

$454,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,840/mo*
Refinance Your Home

$454,600

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $2,840/mo*
Refinance Your Home
4 Beds
2 Baths
1,710 sqft

Home Value

Trulia Estimate
$455K
Since last month
Decreased$600 (-0.1%)
Since last year
Increased$56K (+13.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +54% in the last 10 years
MonthEstimated value
2026
August 2026$455K
July 2026$455K
June 2026$461K
May 2026$461K
April 2026$453K
March 2026$449K
February 2026$443K
January 2026$436K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
12729 Spring Brook Dr, Eagle River, AK
0.43
Multi-Family Home
-
11/18/25
4
3
2,642
16802 Park Place St, Eagle River, AK
0.79
Multi-Family Home
-
06/23/26
8
4
2,464
11400 Heritage Ct, Eagle River, AK
1.05
Multi-Family Home
-
07/21/26
9
4
3,852
16840 Park Place St, Eagle River, AK
0.78
Multi-Family Home
-
07/02/26
12
8
4,516
16875 Hanson Dr, Eagle River, AK
0.61
Multi-Family Home
-
07/03/26
48
48
21,888
19111 Stephanie blvd., Eagle River, AK
1.95
Multi-Family Home
-
01/09/26
8
4
3,656
15815 Old Glenn Hwy, Eagle River, AK
2.45
Multi-Family Home
-
01/30/26
12
9
7,179
8153 Stewart Mountain Dr, Eagle River, AK
3.34
Multi-Family Home
-
10/13/25
3
2
1,920

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
16928 Mercy Dr, Eagle River, AK 99577
0.02
$460,400
4
2
1,983
Off Market
16838 Riddell St, Eagle River, AK 99577
0.09
$459,100
5
2.5
1,654
Off Market
16826 Riddell St, Eagle River, AK 99577
0.11
$250,000
-
-
-
For Sale
13040 Charlie Cir, Eagle River, AK 99577
0.11
$378,600
3
2
1,310
Off Market
17015 Riddell St, Eagle River, AK 99577
0.11
$334,900
3
1.5
1,534
For Sale
17023 Riddell St, Eagle River, AK 99577
0.11
-
3
1.5
1,574
Recently Sold
16730 Mercy Dr, Eagle River, AK 99577
0.14
$889,100
-
-
-
Off Market
13049 Charlie Cir, Eagle River, AK 99577
0.12
-
3
2
1,310
Recently Sold
12660 Old Glenn Hwy, Eagle River, AK 99577
0.14
$351,200
3
2.5
1,543
Off Market
16717 Eleonora St, Eagle River, AK 99577
0.16
-
3
1
1,144
Recently Sold
16734 Riddell Cir, Eagle River, AK 99577
0.15
-
3
2.5
1,428
Recently Sold
Old Glenn Hwy, Eagle River, AK 99577
0.13
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 16940 Mercy Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1983
Living Area
1,710 sqft
Price/Sqft
$266

About this House

Ready to Begin Your Journey to Financial Freedom?
This fully furnished, income-producing duplex in Eagle River is your perfect starting point.

Located at 16940 Mercy Drive, this 1,710 sq ft property sits on a generous 10,257 sq ft lot and offers two separate 2 bed / 1 bath units—one currently leased to a reliable long-term tenant, the other fully furnished and turnkey for Airbnb, rental income, or owner occupancy.

Each unit features private entrances, bright and open living spaces, and access to off-street parking. The spacious lot includes two large storage sheds, one for each unit, plus ample outdoor space for future improvements or relaxation.

Whether you’re looking to house hack, grow your rental portfolio, or simply let someone else help pay the mortgage, this duplex is a smart and flexible investment in one of Alaska’s most desirable communities.

Property Highlights:
 • 4 bedrooms, 2 full bathrooms total
 • 1,710 sq ft of finished living space
 • 10,257 sq ft lot in a quiet neighborhood
 • Fully furnished unit ready for Airbnb or immediate move-in
 • One side tenant-occupied with stable income
 • Off-street parking for multiple vehicles
 • Two dedicated storage sheds
 • Minutes to JBER, schools, shopping, and trails

Turn the key, unlock the income—opportunities like this don’t come often in Eagle River. Schedule your showing today!
16940 Mercy Dr, Eagle River, AK 99577 is a 4 bedroom, 2 bathroom, 1,710 sqft multi-family built in 1983. It last sold for $0 on Nov 30, 2022. It is currently off market. The Trulia Estimate is $454,600, with a rent estimate of $1,979/month.

Home Details for 16940 Mercy Dr

Interior Features

Heating & Cooling
Heating: GasAir ConditioningHeating Fuel: Gas
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate
Interior Details
Additional StorageAtticNumber of Rooms: 8Types of Rooms: Dining Room, Family Room, Laundry RoomStorage
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: WoodLawnPorch
Parking & Garage
Parking Spaces: 4Parking: Off Street

Property Information

Year Built
Year Built: 1983Year Updated: 1983
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Community

Units in Building: 2

Lot Information

Lot Area: 10275 sqft

Price and Tax history

DateEventPrice
Jun 12, 2025
Source: N/A
ListingRemoved
Jun 12, 2025
Source: N/A
Pending
$445,000
Jun 7, 2025
Source: N/A
Listed For Sale
$445,000
Nov 30, 2022
Source: AKMLS #22-13740
Sold
--
Oct 12, 2022
Source: AKMLS #22-13740
Pending
$399,999

Market trends in Eagle River

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$472K
$9.5KMoM
Sale-to-List Price
100.2%
0.2%MoM
Price per sq ft
$265
$0MoM
Available listings
107
10MoM

Around this home

What Locals Say about Eagle River

At least 242 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 92 % Say car is needed

  • 84 % Say parking is easy

  • 84 % Say yards are well-kept

  • 80 % Say kids play outside

  • 78 % Say there's wildlife

  • 74 % Say there's holiday spirit

  • 67 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 63 % Say there are sidewalks

  • 62 % Say neighbors are friendly

  • 60 % Say streets are well-lit

  • 59 % Say it's walkable to grocery stores

  • 52 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to restaurants

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Robert Ancheta
    "There are plenty of places to walk with paths and parks around the area. At least the park where the Bear Paw is held has poop bags already there, which makes it a nice place with a wide area to take your pup. "
    0
    Flag
  • Robert Ancheta
    "Local church holds events for holidays, fireworks for Independence Day and New Year’s at the local school, Bear Paw festival all without having to go over to Anchorage. "
    0
    Flag
  • Laura Southwell
    "The roads are ROUGH in the winter! People say it’s well maintained, but the road gets VERY narrow, and there is so much snow sometimes the plows won’t get to the side streets until well after 10am. Good luck getting to work! You definitely need 4wd and good winter tires or studs!"
    1
    Flag
  • Trulia User
    "It’s great for dog walking. Great sidewalks and trails, and most people pick up after their dogs. "
    0
    Flag
  • Trulia User
    "It is beautiful and peaceful here. The people are nice and the schools are great. We get lots of wildlife and have amazing views everywhere you look. I love it here!"
    2
    Flag
  • Trulia User
    "Driving is necessary. If you are 60 or older you can use the Chugiak Senior Center transport. There are NO buses and no Uber, Lyft here."
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for the past 11 years. People are friendly and nice. Eagle River is a great place to live."
    1
    Flag
  • Trulia User
    "Lake and parks really close to this location, excellent school, I love my neighborhood is quite and secure "
    0
    Flag
  • Thestrachness
    "Bear paw festival, various other festivals and events. Fireworks, trunk or treating. These allow everyone to get together and have a great time. "
    3
    Flag
  • Ila C.
    "We see people walking their dogs all the time they are welcome they pick up after their dogs ! Nice paths to walk dog on, clean . "
    1
    Flag
  • Ila C.
    "I love Eagle River, it is such a friendly place to live people are friendly . If you ever have a problem people are eager to help ! When I was a kid I grew up here in the 1960’s , it was way smaller but it still has that small town feel ! You can do so much here !"
    6
    Flag
  • Raylopez17
    "Animal lovers in the majority of families living here. There are a lot of dogs of all kinds/breeds in the neighborhood. We feel very safe in many ways. I do not want to move from here, even after retirement, we are planning to stay here."
    1
    Flag
  • Ila C.
    "It is a great place to walk your dogs. I see people walking dog a lot. Always on a leash ! Friendly "
    0
    Flag
  • Todd J.
    "It’s a nice place to live. Small town feel and close to the city. I’d invite anyone to live to live in Eagle River."
    6
    Flag
  • Ty S.
    "Occasional traffic, most in winter. About 30 - 45 minutes to Anchorage depending weather. 4WD or AWD recommended for winter. Commute north to Palmer / Wasilla is longer distance wise— but is reverse traffic so not too bad."
    2
    Flag
  • Ifilemoni
    "I’m not a dog owner but I see dog owners walk their dogs everywhere. It’s a safe place to walk dogs. "
    2
    Flag
  • Wendy D.
    "I commute 30 min to Anchorage. It’s generally fine unless there is an accident. Sometimes see a moose in the road. Traffic moves fast most days. "
    0
    Flag
  • Courtney F.
    "I've lived in the area most of my life and I feel safe here and love the location! it's a great place to raise a family!"
    11
    Flag
  • Xheathmushx3
    "It’s a great commute! Very easy to get to things and very accessible to utilities and stores. There are many options either direction of town for abilities "
    0
    Flag
  • Jennifer.l.sharpe.rn
    "Easy-right off of highway. It was unnerving though trying to make it home after the earthquake. If the bridges go out your in trouble! "
    2
    Flag
  • Stacy S.
    "I love living in the Eagle River Area. it's a great community and the schools are awesome.y teens have really enjoyed living here"
    6
    Flag
  • resident
    "Eagle River is becoming far more crime ridden. The schools and businesses have been significantly impacted by the November 30th earthquake as well. "
    2
    Flag
  • Anthony H.
    "Great neighborhood with friendly people, areas are taken care of, and quick easy access to key places. The views are breath-taking. "
    6
    Flag
  • Anthony H.
    "It is a diverse town with top schools, good places to eat, crime is low, with a small town feel with excellent Mountain View’s and trails. "
    0
    Flag
  • Marsha S.
    "A couple minutes from the highway, usually a pleasant commute. Traffic flows well and everyone seems to be respectful."
    0
    Flag
  • Marsha S.
    "Great, quiet neighborhood! Minutes from restaurants, grocery, etc. This is a wonderful area for commuters too!"
    0
    Flag
  • Tiffany O.
    "Great and safe area with lots of outdoor activities to do nearby mount baldy and mirror lake are my favorite I can bike ride and go for a run it’s great "
    0
    Flag
  • Debgioffre
    "Dislike: Loose roaming dogs that can be aggressive. Like: Protection from wild moose or bears. "
    9
    Flag
  • Sonia B.
    "This is an amazing community to raise children! Very little crime. Very family friendly. The schools are great and there is a lot for children to do without getting into trouble. "
    1
    Flag
  • Mdsisneros
    "Bear paw festival, trick or treat in the heat are great. My family loves living in Eagle River. We don’t like that the crime rate has risen though."
    2
    Flag
  • Kajetangroicher
    "Incredible access to Alaska’s backcountry is right out your door in this neighborhood. The busses to all three zoned schools run right on time, rain, snow, or shine. "
    0
    Flag
  • john1193
    "I have lived in this neighborhood for 5 plus years. the neighborhood is clean and safe and all houses and properties are well-kept."
    0
    Flag
  • Reynoldsj1016
    "My neighborhood is very quiet and conveniently located near the expressway. The homes are well maintained. My neighbors are friendly and welcoming. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 16940 Mercy Dr

  • What is 16940 Mercy Dr estimated to be worth?
    Trulia's estimated value for 16940 Mercy Dr in Eagle River, AK is $454,600.
  • What is the price history for 16940 Mercy Dr?
    16940 Mercy Dr in Eagle River, AK last sold in November 2022.
  • Is Eagle River a buyer's or seller's market?
    Eagle River is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Eagle River?
    The median sale price in Eagle River is $472K. That is down $9.5K from the prior month.
  • Does 16940 Mercy Dr have laundry facilities?
    Yes, 16940 Mercy Dr in Eagle River, AK has in-unit laundry.
  • Does 16940 Mercy Dr have parking?
    Yes, 16940 Mercy Dr in Eagle River, AK has on-site parking.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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