$224,500
16037 Terracewood Lane
Anchorage, AK 99516
MLS# 26-460



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Property Description
Located in South Park, a highly sought after neighborhood. Build your dream home. This property is significantly prepared for new construction, as the seller has already obtained: 4618 sq. ft. house plans, building permit has been issued, and the septic design is complete. This represents a great value as the lot has been cleared and is ready for a builder. Electric, gas, and city water.

Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Foreclosure/Bank Own: No
Price-List: 224500
Date-Listing: 2026-01-16
Status: Active
Property Info
Realtor.com Type: Vacant Land
Acres: 0.46
SF-Lot: 20000
Lot Area Source: Tax Authority
Zoning: R7 - Intermediate Rural Residential
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW3236
Tax Map #-Mat-Su: N/A
Legal: Southpark #3 L8 B1
Taxes (Estimated): 743.92
Tax Year: 2025
School-Elementary: Bear Valley
School-Middle: Goldenview
School-High: South Anchorage
Directions and Remarks
Directions: Old Seward Hwy to Southpark Bluff Drive to Terracewood Lane. 3rd lot on right or east side.
Vacant Land Type
Residential: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Land Features
Covenants: 1
Topography
Gently Rolling: 1
Sloping: 1
View Type
Territorial: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
None: 1
Utilities
Elec - Adj to Site: 1
Nat Gas - Adj Site: 1
Septic - None: 1
Telephone - Adj Site: 1
Access
Paved: 1
Road Maintenance
Road Mntd All Year: 1
Documents
CC&R's: 1
Docs Posted on MLS: 1
Location Tax and Legal
Area: 25 - Dearmoun Rd - Potter Marsh
Street #: 16037
Street Name: Terracewood
Arterial: Lane
Closest USPS Town: Anchorage
State: AK
Zip Code: 99516
Property Features
Vacant Land Type: Residential
Listing Terms Financing: Cash; Conventional
Land Features: Covenants
Topography: Gently Rolling; Sloping
View Type: Territorial
Wtrfrnt-Access Near: None
Wtrfrnt-Frontage: None
Utilities: Elec - Adj to Site; Nat Gas - Adj Site; Septic - None; Telephone - Adj Site
Access: Paved
Road Maintenance: Road Mntd All Year
Documents: CC&R's; Docs Posted on MLS
Supplements
THIS LOT IS NOT SUBJECT TO THE HOA.

IDX
Listing Office: NextHome Arctic Sun

Last Updated: May - 22 - 2026

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 the site owner are marked with 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. Site contains live data.