16528 Kings Way Drive, Anchorage, AK 99516 (MLS# 26-1101)

Supplements: This Bear Valley property was intentionally designed for flexibility, privacy, and shared livingmaking it uniquely well suited for owner-operators, multi-generational households, or small-scale hospitality use.Set on 13.57 acres with over 7,500 square feet, the eight-bedroom, nine-bath layout offers multiple private suites, many with ensuite bat ... (Read more) This Bear Valley property was intentionally designed for flexibility, privacy, and shared livingmaking it uniquely well suited for owner-operators, multi-generational households, or small-scale hospitality use.Set on 13.57 acres with over 7,500 square feet, the eight-bedroom, nine-bath layout offers multiple private suites, many with ensuite baths and decks or patios, allowing occupants to live independently while remaining part of a cohesive property. The top floor functions as a penthouse-style owner's retreat, while the rest of the home was thoughtfully built to support guests, renters, or extended family.Radiant-floor heat, durable concrete floors, metal siding, and a metal roof support four-season use with low-maintenance practicality. Separate access points, strong well water, and a three-car heated garage with RV parking further enhance usability. The pond and Little Rabbit Creek add a sense of calm and separation rarely found in income-capable properties this close to Anchorage.Designed with B&B and retreat potential in mind, each bedroom was given "something" unique so no space feels secondary. Bear Valley's single-entry setting provides privacy and a true neighborhood feel, while still offering a 20-25 minute drive to the airport, midtown, and downtown Anchorage.