4038 Vance Dr, Anchorage, AK 99508
Property image
Property image
FOR SALE
0.6 ACRES

$789,000

Original price: $795,000
  • 5 Beds
  • 4 Baths
  • 4,990 sqft (on 0.60 acres)

4038 Vance Dr, Anchorage, AK 99508

University Area

Home Highlights

Multi-Family
Built in 1978
0.6 acre lot
$158/sqft
3 Car Garage

Local Information

  • Map ViewExplore the area around 4038 Vance Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Investment property with plenty of space. Larger side has 3 bedrooms, 2 full baths, 2 car garage and is nearly 4000 sq ft. ''Smaller'' side has been REMODELED throughout, it has 2 bed, 2 bath and one car garage. Both have laundry, fireplaces, multiple living spaces and decks. Property is on a half-acre and the yard backs right up to the Chester Creek trails. Call to see it.
Last check for updates: about 22 hours ago
Listing courtesy of Michael J Liebner
Jack White Real Estate
Source: AKMLS, MLS#26-3823
Also Listed on AKMLS.

Home Details for 4038 Vance Dr

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4990 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Washer/DryerLaundry: Common Area
Heating & Cooling
Heating: Baseboard,Natural GasHas HeatingHeating Fuel: Baseboard
Windows, Doors, Floors & Walls
Flooring: Carpet, Laminate, Other
Levels, Entrance, & Accessibility
Floors: Carpet, Laminate, Other
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: ShingleOther Structures: Shed(s)
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Circular Driveway,Paved,RV Access/Parking,No Carport,Attached,Tuck Under
Frontage
Waterfront: No Access, NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Level

Days on Market

Days on Market: 160

Property Information

Year Built
Year Built: 1978Year Renovated: 2026
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: DuplexArchitecture: Duplex
Building
Construction Materials: Wood Siding, FrameNot a New Construction
Property Information
Parcel Number: 0071613800001

Price & Status

Price
List Price: $789,000Price Per Sqft: $158

Active Status

MLS Status: Active

Location

Direction & Address
City: Anchorage
School Information
Elementary School: College GateJr High / Middle School: WendlerHigh School: Bettye Davis East Anchorage

Agent Information

Listing Agent
Listing ID: 26-3823

Building

Building Area
Building Area: 4990 Square Feet

Lot Information

Lot Area: 0.60 acres

Miscellaneous

Mls Number: 26-3823

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about University Area

At least 19 Trulia users voted on each feature.
  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 90 % Say yards are well-kept

  • 83 % Say car is needed

  • 73 % Say kids play outside

  • 72 % Say there's holiday spirit

  • 70 % Say there's wildlife

  • 69 % Say streets are well-lit

  • 67 % Say people would walk alone at night

  • 66 % Say neighbors are friendly

  • 61 % Say there are sidewalks

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say it's walkable to restaurants

  • 47 % Say it's quiet

  • 36 % Say there are community events

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Lynda S
    "UMED district is a quiet neighborhood with several professionals living in the area as it’s close to UA and Providence. It’s close to trails. Neighbors are great and it’s pet friendly. "
  • Trulia User
    "There’s lots of trails in the area to go on runs/walks that connect to some parks. All the dogs that are in the area do seem friendly and like other dogs and children."
  • Trulia User
    "there are many families in this neighborhood, that thinks its safe, and its quiet, some parks in the area are safe"
  • Anthony L.
    "20 minute bike ride on a trail, rain or shine, winter or summer, crossing one busy road, no lights. "
  • Ahydak
    "This is a wonderful neighborhood, lots of families celebrating Halloween and other holidays. People maintain their property and are very friendly. "
  • Ahydak
    "We have lived in this neighborhood for over 11 years. Very friendly neighborhood and people take good care of their homes. "
  • Paige K.
    "It’s within walking distance of the dog park. The sidewalks and trails are well maintained. A majority of the houses have fenced yards."
  • Andrea
    "This neighborhood is prone to high crime due to large number of low income apartments and rentals nearby as well as a homeless shelter. Large numbers of homeless inebriates roam the area."
  • Devyn K.
    "I live near the hospital and traffic can be rough in the morning especially because Tudor is a very busy road but one that is most convenient for our daily commute. Other than that, I love this area so much. It’s close to APU and UAA and my work ANMC. People are friendly. The crime is low here."
  • Shawnalee W.
    "great trail access, a dog park, and a location that keeps you less than 5 mins away from universities and medical campuses, under 10 mins to midtown shopping, and about 12 mins to downtown. great location! plus we're home to East High, the most diverse high school in the country!"
  • E210wench
    "This neighborhood is 15-20 minutes in any direction from the wilds of South Central Alaska, or in Downtown Anchorage. Yet grocery stores, gas stations, schools and restaurants are within 5-8 miles. There are 2 major hospitals within walking distance for great jobs. City bus service in any direction is one block away."
  • Sarah S.
    "It seems to be a dog friendly area. I would recommend living here if you want to live close to the university and own a dog."
  • Gabby A. O.
    "The University area isn’t very dog friendly. Affordable homes that are nice don’t allow pets, but the ones that do allow pets aren’t as nice. Overall, great management but pet owners beware"
  • Queen B.
    "Lived here for a year and neighbors and friendly. Nice neighborhood and very clean. Lots of neighbors walk their dog and keep an eye out for unusual activity."
  • ak_edm
    "near a dog park, two hospital campuses, the University of Alaska campus and the Alaska Airlines Center that hosts shorts and national concert tours. "
  • Megakarl99
    "Good access to university park trails. Low traffic and road noise. Rare to see homeless roaming the neighborhood. "
  • Kerri C.
    "Great Place. Quiet, safe, close to parks, trails, the hospital, university, and not far from base. "
  • alexis m.
    "I live in the area and it is close to restaurants, universities and hospitals. The neighborhood is safe with active police officers living in the area. The drive to midtown is about 7 minutes and 10 to downtown. Close to trails for walking and bike rides."

Market trends in Anchorage

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$435K
$18.33K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$257
$3
MoM
Available listings
685
86
MoM

Home Value

Trulia Estimate
$775K
Since last month
Increased$10K (+1.3%)
Since last year
Decreased$22K (-2.7%)
Since last sale
Increased$619K (+396.5%)
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 +35% in the last 10 years
MonthEstimated value
2026
September 2026$775K
August 2026$764K
July 2026$767K
June 2026$769K
May 2026$778K
April 2026$791K
March 2026$850K
February 2026$827K
January 2026$810K
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
0.03
Multi-Family Home
-
07/10/26
4
2
2,112
0.32
Multi-Family Home
-
04/21/26
5
2
1,900
0.46
Multi-Family Home
-
12/06/25
8
4
1,972
0.99
Multi-Family Home
-
01/21/26
8
4
4,512
0.71
Multi-Family Home
-
07/11/26
12
6
6,120
0.87
Multi-Family Home
-
10/07/25
8
7
6,398
0.94
Multi-Family Home
-
04/20/26
7
4
3,548
0.76
Multi-Family Home
-
11/28/25
5
2
1,900
1.09
Multi-Family Home
-
06/12/26
4
2
2,886
1.14
Multi-Family Home
-
07/24/26
7
4
3,548

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
0.03
-
4
2
2,112
Recently Sold
0.08
$536,100
3
2.5
2,008
Off Market
0.09
-
2
1
758
Recently Sold
0.11
$282,300
3
1.5
1,247
Off Market
0.16
$536,700
4
2
1,788
Off Market
0.14
$444,900
Studio
-
2,488
Off Market
0.15
$453,700
3
2
1,906
Off Market
0.17
$580,900
3
2
2,392
Off Market
0.17
$465,200
4
2
1,976
Off Market
0.19
$642,800
6
2
3,813
Off Market
0.23
$557,500
4
2.5
2,355
Off Market

Price and Tax history

DateEventPrice
Aug 14, 2026
Source: AKMLS #26-3823
PriceChange
$789,000
Price decreased by 1%
Apr 24, 2026
Source: AKMLS #26-3823
Listed For Sale
$795,000
Feb 21, 2025
Source: AKMLS #24-12139
ListingRemoved
$925,000
Dec 2, 2024
Source: AKMLS #24-12139
PriceChange
$925,000
Price decreased by 3%
Sep 21, 2024
Source: AKMLS #24-12139
Listed For Sale
$950,000

LGBTQ Local Legal Protections

Michael J Liebner, Jack White Real Estate
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 Zillow, Inc. 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

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Frequently asked questions about 4038 Vance Dr

  • What is the estimated monthly payment for 4038 Vance Dr?
    Based on a $789,000 list price with 20% down at today's rates, the estimated monthly payment for 4038 Vance Dr in Anchorage, AK is approximately $5,190 (about $4,306 principal & interest, $809 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4038 Vance Dr compare to homes in Anchorage?
    4038 Vance Dr in Anchorage, AK is listed at $789,000, about 81% above the $435K median sale price in Anchorage.
  • What do residents say about the University Area neighborhood?
    Residents describe the University Area neighborhood in Anchorage, AK as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in University Area, Anchorage.
  • What are the closest schools to 4038 Vance Dr?
    The closest schools to 4038 Vance Dr in Anchorage, AK are Bettye Davis East Anchorage High School, College Gate Elementary School (Pre-K, rated 3/10), Wendler Middle School (rated 4/10).
  • Does 4038 Vance Dr have laundry facilities?
    Yes, 4038 Vance Dr in Anchorage, AK has laundry facilities.
4038 Vance Dr, Anchorage, AK 99508 is a 5 bedroom, 4 bathroom, 4,990 sqft multi-family built in 1978. 4038 Vance Dr is located in University Area, Anchorage. This property is currently available for sale and was listed by AKMLS on Apr 14, 2026. The MLS # for this home is MLS# 26-3823.