L2 Paine Cir, Anchorage, AK 99516
Property image
Property image
FOR SALE
NEW CONSTRUCTION
2.35 ACRES

$998,560

  • 3 Beds
  • 2 Baths
  • 1,808 sqft (on 2.35 acres)

L2 Paine Cir, Anchorage, AK 99516

Bear Valley

Home Highlights

Single-Family Home
Built in 2026
2.35 acre lot
$552/sqft
3 Car Garage

Local Information

  • Map ViewExplore the area around L2 Paine Cir.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Tremendous views
Here is your opportunity to have a custom new construction home with tremendous views, expansive acerage, and ample trees for privacy and seclusion. Mountain Ridge Custom Homes has plenty of floor plans to select from and can easily modify designs and build to suit your needs! Electricity is getting run to the property in June and groundbreaking could be as early as July.
Last check for updates: about 3 hours ago
Listing courtesy of Liz Steele
Keller Williams Realty Alaska Group
Source: AKMLS, MLS#26-2838

Home Details for L2 Paine Cir

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1808 Square Feet
Appliances & Utilities
Laundry: Washer &/Or Dryer Hookup
Heating & Cooling
Heating: Fireplace(s),Forced AirHas HeatingHeating Fuel: Fireplace S
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Luxury VinylCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Floors: Carpet, Luxury Vinyl
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: Asphalt Composition ShinglePatio / Porch: Deck/PatioExterior: Private YardFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Garage Door Opener,Attached,No Carport
Frontage
Waterfront: None, No AccessNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2026
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Single Family ResArchitecture: Ranch
Building
Construction Materials: Wood Frame - 2x6, Wood SidingIs a New ConstructionNot Attached Property
Property Information
Condition: New ConstructionParcel Number: 00000

Price & Status

Price
List Price: $998,560Price Per Sqft: $552

Active Status

MLS Status: Active

Location

Direction & Address
City: Anchorage
School Information
Elementary School: Bear ValleyJr High / Middle School: GoldenviewHigh School: South Anchorage

Agent Information

Listing Agent
Listing ID: 26-2838

Building

Building Details
Builder Name: Mountain Ridge Construction, Mountain Ridge Custom Homes
Building Area
Building Area: 1808 Square Feet

Lot Information

Lot Area: 2.35 Acres

Miscellaneous

Mls Number: 26-2838

Price and Tax history

DateEventPrice
Mar 25, 2026
Source: AKMLS #26-2838
Listed For Sale
$998,560
Aug 15, 2025
Source: AKMLS #25-10562
PriceChange
$180,000
Price decreased by 79%
Mar 31, 2025
Source: AKMLS #25-3330
Listed For Sale
$865,000
Jan 1, 2025
Source: AKMLS #24-3442
ListingRemoved
$865,000
Jul 25, 2024
Source: AKMLS #24-3306
PriceChange
$210,000
Price decreased by 76%

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bear Valley

At least 2 Trulia users voted on each feature.
  • 100 % Say there's wildlife

  • 100 % Say it's dog friendly

  • 100 % Say car is needed

  • 100 % Say there's holiday spirit

  • 100 % Say parking is easy

  • 91 % Say neighbors are friendly

  • 75 % Say people would walk alone at night

  • 67 % Say yards are well-kept

  • 57 % Say kids play outside

  • 50 % Say there are community events

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Tapalaska907
    "I love the quiet and friendly people It’s very good for family and outdoor activities I love the wildlife and the breezes"

Market trends in Anchorage

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$434K
$1.17K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$260
$3
MoM
Available listings
653
32
MoM
Sourced by Trulia Market Trends

Home Value

Trulia Estimate
$989K
Since last month
Decreased$3K (-0.3%)
Since last year
Increased$811K (+454.3%)
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 +12% in the last 10 years
MonthEstimated value
2026
November 2026$989K
October 2026$992K
September 2026$992K
August 2026$992K
July 2026$992K
June 2026$992K
May 2026$993K
April 2026$994K
March 2026$998K
2025
2024

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
0.25
Single-Family Home
-
12/24/25
3
2
2,112
0.20
Single-Family Home
-
08/05/26
3
3
2,263
0.51
Single-Family Home
-
07/31/26
3
2
1,328
0.23
Single-Family Home
-
10/30/26
3
2.5
2,100
0.28
Single-Family Home
-
08/07/26
4
3
2,082
0.30
Single-Family Home
-
09/29/26
3
3
2,263
0.10
Single-Family Home
-
04/07/26
4
3.5
2,501
0.33
Single-Family Home
-
12/23/25
4
2.5
2,268
0.79
Single-Family Home
-
01/14/26
3
2
2,172
0.77
Single-Family Home
-
09/02/26
3
2
2,495

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
0.01
$1,252,700
4
2.5
2,670
For Sale
0.01
$1,239,015
4
3
2,235
For Sale
0.02
$350,200
Studio
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
-
-
-
-
Off Market
0.03
$695,600
4
4
1,456
Off Market
0.06
-
-
-
-
Off Market
0.06
-
-
-
-
Off Market
0.08
$594,200
3
3
2,592
Off Market
0.08
$635,000
2
3
2,632
Off Market
0.09
-
-
-
-
Off Market
0.09
-
-
-
-
Off Market
0.10
$484,600
2
2
1,620
Off Market
0.10
-
4
3.5
2,501
Recently Sold
0.10
-
Studio
-
-
Off Market
0.11
$316,500
Studio
-
-
Off Market
0.11
-
-
-
-
Off Market

LGBTQ Local Legal Protections

Liz Steele, Keller Williams Realty Alaska Group
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 L2 Paine Cir

  • What is the estimated monthly payment for L2 Paine Cir?
    Based on a $998,560 list price with 20% down at today's rates, the estimated monthly payment for L2 Paine Cir in Anchorage, AK is approximately $6,496 (about $5,397 principal & interest, $1,024 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for L2 Paine Cir compare to homes in Anchorage?
    L2 Paine Cir in Anchorage, AK is listed at $998,560, about 130% above the $434K median sale price in Anchorage.
  • What are the closest schools to L2 Paine Cir?
    The closest schools to L2 Paine Cir in Anchorage, AK are Bear Valley Elementary School (Pre-K, rated 10/10), Goldenview Middle School (rated 8/10), South Anchorage High School (rated 10/10).
  • What is L2 Paine Cir estimated to be worth?
    Trulia's estimated value for L2 Paine Cir in Anchorage, AK is $988,900.
  • Does L2 Paine Cir have laundry facilities?
    Yes, L2 Paine Cir in Anchorage, AK has laundry facilities.
  • Does L2 Paine Cir have a yard?
    Yes, L2 Paine Cir in Anchorage, AK has a yard.
L2 Paine Cir, Anchorage, AK 99516 is a 3 bedroom, 2 bathroom, 1,808 sqft single-family home built in 2026. L2 Paine Cir is located in Bear Valley, Anchorage. This property is currently available for sale and was listed by AKMLS on Mar 25, 2026. The MLS # for this home is MLS# 26-2838.