This is a past listing (Canceled). The photos and details below are from a previous listing and may not reflect the property's current condition, price, or availability.

View the current listing
16528 Kings Way Drive, Anchorage AK 995161 / 83

$1,290,000

Canceled

16528 Kings Way Drive

Anchorage AK 99516

Cinerama Terr

7

Bedrooms

8

Bathrooms

7,570

Sq Ft

2003

Year Built

$170/sqft2-car garage13.57 acres lot

MLS# 20-9681· Listed Jun 26, 2020

Live MLS feed

About This Home

Ideal opportunity for Airbnb or family compound, Secluded Hillside Home w/ Pond, Awesome Views of City & Inlet on 13.57 Acres, 7 Bedrooms each with security locks, 8 Baths in Anchorage, Alaska In the Mountains and Close to the City. Lots of acres for gardens, greenhouse, garages. Structure is build to high winds and low maintenance. Ideal south Anchorage location for a creative buyer develop all types of income producing possibilities , mountain, City & Inlet Views from this large hillside parcel with Moose pond, nature trails, 3 full kitchens one on each floor, in floor heat, Advantix septic system, Solar panels, Steel siding and roof, lots of decks, 3 levels in this home with a very large open space on the top floor. Zero maintenance designed improvements and landscaping Lots of income possibilities

Property Details

Property TypeResidential
Full Baths8
Garage Spaces2
ParkingAttached
Year Built2003
Lot Size13.57 acres
SubdivisionCinerama Terr
Legal DescriptionCinerama Terr TR C
Parcel #0205610700001
Annual Taxes$16,326 (2020)
MLS #20-9681

Heating

Radiant FloorNatural Gas

Interior Features

BasementWasher &/Or Dryer HookupBR/BA on Main LevelJetted TubArctic EntrySmoke Detector(s)

Exterior Features

Covenant/RestrictionRoad Service AreaRV ParkingViewWaterfrontLot-BluffIn City LimitsTrailsidePrivate Yard

Appliances

Washer/DryerRefrigerator

Flooring

Concrete

Sewer

Septic Tank

View

City LightsInletMountain(s)

Price & Status History

2/5/2026
Listed for sale
$1,150,0000.0%
$157/sqft
2/5/2026
Listed for sale
$1,150,0000.0%
$152/sqft
2/5/2026
Listed for sale
$1,150,000-2.1%
$152/sqft
6/29/2025
Listed for sale
$1,175,000-9.5%
$156/sqft
10/25/2024
Listed for sale
$1,299,000-6.4%
$172/sqft
4/19/2024
Listed for sale
$1,388,000-10.5%
$184/sqft
6/22/2023
Listed for sale
$1,550,0000.0%
$205/sqft
5/15/2023
Listed for sale
$1,550,0000.0%
$205/sqft
5/9/2023
Listed for sale
$1,550,000+6.9%
$205/sqft
3/11/2023
Listed for sale
$1,450,000+12.4%
$192/sqft
6/26/2020
Listed for sale
$1,290,000+3.2%
$170/sqft
Source: AKMLS #20-9681
5/2/2017
Listed for sale
$1,250,000+7.9%
$165/sqft
8/4/2015
Listed for sale
$1,159,000
$153/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity
Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Listing data is synchronized from Alaska MLS continuously, multiple times per hour.

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AKMLS). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Dream Makers are marked with either the listing brokerage's logo or the AKMLS logo and information about them includes the name of the listing brokerage.

Better Homes and Gardens Real Estate Dream Makers · Licensed in Alaska. Fair Housing laws protect all buyers and sellers.

Maureen McMahon

Maureen McMahon

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

Ready to schedule a private showing or answer your questions about this home.

No obligation · Response within 2 hours

Trusted by Clients

Mortgage Estimate

Down payment10% · $129,000
Interest rate7.0%
Loan term30 years

$7,724/mo

$1,161,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Maureen McMahon

Dream Makers

Similar Homes in Anchorage