$225,000
L1 Paine Circle
Anchorage, AK 99516
MLS# 26-12482



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image5 Lot 1 Starred image0 (1) Lot 1 Driveway Paine Lot 1 Birds Eye View Grandeur Lot 1

Property Description
Looking for a private and quiet luxury homesite with expansive views overlooking the Chugach Mountains, city lights, and Denali? Come and bask in the beauty of an old-growth hemlock forest -- away from the traffic and noise of town. Each lot offers multiple build sites to choose from, and Lot 1 sits on 4.6 acres of stunning Alaska landscape.

Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Price-List: 225000
Concessions YN: No
Date-Listing: 2026-09-28
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Vacant Land
SF-Lot: 200376
Lot Area Source: Tax Authority
Acres: 4.6
Zoning: R10 - Residential Alpine/Slope
Directions and Remarks
Directions: Rabbit Creek to Clarks Road, take Clarks for 1/2 mile where it becomes Kings Way (after the mailboxes). Continue on Kings Way 3/4 mile to Paine Rd. Right on Paine and uphill to property on Paine Cir.
Mortgage Info
EM Minimum Deposit: 2250
Location Tax and Legal
Area: 25 - Dearmoun Rd - Potter Marsh
Street #: L1
Street Name: Paine
Arterial: Circle
Closest USPS Town: Anchorage
State: AK
Zip Code: 99516
Property Features
Vacant Land Type: Residential
Listing Terms Financing: Cash; Conventional
Land Features: Driveway; Perc Tested; Trees - Cleared; Trees - Heavy
Topography: Sloping
View Type: Inlet; Mountains
Wtrfrnt-Access Near: None
Wtrfrnt-Frontage: None
Utilities: Electric - In Area; Elec - On Site; Electric-Underground; Natural Gas-In Area; Nat Gas - On Site; Septic - None; Sewer-None; Telephone - None; Well - None
Access: Gravel
Road Maintenance: Road Mntd All Year
Documents: Docs Posted on MLS
Supplements
Roads are maintained year-round, gas and electric are adjacent to the lots, and perc, soils, and adjacent well information are available. No HOA or CC&Rs means the freedom to build on your terms. Less than 20 minutes from amenities, yet a world away from the ordinary. Bring your builder and come on up.

IDX
Listing Office: Keller Williams Realty Alaska Group

Last Updated: September - 28 - 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.