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16840 Park Place St, Eagle River, AK, 99577

$2,100,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
18 Full Baths
8,208 SqFt
$256/SqFt
Multi

Location

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16840 Park Place St, Eagle River$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built2024
HeatingNatural Gas, Radiant Floor
ViewTerritorial
MLS #24-13291
Lot Size0.31 Acres
StatusActive

About 16840 Park Place St

Rare opportunity to own a brand new 9 unit multi-family in downtown Eagle River. Each unit has 2 bedrooms, 2 full bath with in-unit laundry. 3 top floor units all have vaulted ceilings and an extra half bath! Solid wood cabinets, stainless steel appliances, solid surface counter tops and LVP floors throughout. In-floor radiant heat and vinyl siding makes these units almost maintenance free! Call today for this great investment in your future! More floor plans available.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 8,208 SqFt

Listing Office:

  • Office Name: RE/MAX Dynamic Properties - Eagle River Branch
  • Office Phone: (907) 694-4200

Interior Features

Interior Information:

  • Flooring Type: Luxury Vinyl Plank

Bedroom and Bathroom Information:

  • Full Bathrooms: 18
  • Total Bedroom Count: 18

Exterior Features

Exterior Information:

  • View: Territorial

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant Floor

Other

Directions Information:

  • Directions: Downtown Eagle River, turn onto Park Place Street. Property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $4,461
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Eagle River, AK.

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Eagle River, AK

City

Med. List Price

$450.2K

Med. Price/SqFt

$216

Avg. Days On Market

69

# of Sold Homes

46

16840 Park Place St vs Eagle River

33 DAYS ON ROCKET

-36 Days

$2,100,000

+$1.6M More

$256/SqFt

+$40 More

KEY TAKEAWAY

This property is $1.6M more than the Median List Price and $40/SqFt more than other homes in Eagle River, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-13291

Listing Office:

  • Office Name: RE/MAX Dynamic Properties - Eagle River Branch
  • Office Phone: (907) 694-4200

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 6:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,461$252,200
2020$3,959$251,000
2019$3,959$253,400
2018$3,960$246,400
2017$3,892$246,000

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-204283
7
/10

  • Homestead Elementary School

  • 18001 Baranoff St

  • 1.02 miles

  • Public District Grades PK-6

school-card-donut-204284
4
/10

  • Fire Lake Elementary School

  • 13801 Harry Mc Donald Rd

  • 1.47 miles

  • Public District Grades PK-6

school-card-donut-204285
7
/10

  • Alpenglow Elementary School

  • 19201 Driftwood Bay Dr

  • 2.22 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,587. Residents of Eagle River, AK typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Eagle River, AK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Eagle River, AK?

Eagle River's housing market is diverse, offering a range of options from spacious single-family homes to more compact townhouses and condos. The architectural styles reflect a blend of rustic charm and modern amenities, with many properties featuring views of the surrounding mountains and forests. The area has seen a steady growth in residential development, with a mix of older homes and new constructions.

Is Eagle River, AK a good place to live?

Eagle River is celebrated for its scenic beauty and outdoor recreational opportunities. The community prides itself on a close-knit atmosphere where nature and suburban living converge. Local events, such as the Bear Paw Festival, highlight the town's cultural identity and provide residents with a sense of community pride.

Are things conveniently located in Eagle River, AK?

The community benefits from a solid educational system, including several public schools and private institutions that cater to a range of educational needs. Healthcare services are available, with local clinics and access to larger medical centers in nearby Anchorage. The area also features a public library, and a variety of retail and dining options that reflect the local Alaskan culture.

What does the transportation in Eagle River, AK look like?

Eagle River offers a mix of private and public transportation options, with local bus services providing connections to Anchorage and other areas. The community is also served by a network of roads and highways, including the Glenn Highway, which facilitates commuting and travel to and from Anchorage. While the area is car-dependent, there are trails and paths that are popular among cyclists and pedestrians.

Rocket Homes›Alaska›Anchorage County›Eagle River›99577›16840 Park Place St

This home is located at 16840 Park Place St in Eagle River, AK and zip code 99577. This 8,208 square foot home, which was built in 2024, sits on a 0.31 acre lot. Features: 18 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $2,100,000.

The number of homes for sale in Eagle River, AK decreased by 22.9% between September 2024 and October 2024. In October 2024 median list price was $450,208 and the average listing age was 69 days.

From Rocket Homes Real Estate and based on county public records data.

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