Located in desirable Shangri La Estates, this stunning 3,328 square foot home offers incredible mountain and inlet views from nearly every window. Situated on a spacious and almost-level 0.92-acre lot, there's plenty of room for RVs, recreational vehicles, and outdoor toys.Designed for both comfort and entertaining, the home features 4 bedrooms, 3 baths, formal living and dining rooms,a sunny breakfast area, and a dramatic family room with soaring vaulted ceilings, fireplace, and an impressive wall of windows that fills the space with natural light and breathtaking scenery. Granite countertops and generous living spaces add to the home's timeless appeal. The luxurious ensuite primary retreat includes a beautiful freestanding soaking tub perfectly positioned beneath a window overlooking the mountains and inlet. A bedroom on the main living level provides flexibility for guests or a home office, while the oversized 3-car garage offers abundant storage and convenience. A rare combination of views, space, and functionality in one of Anchorage's sought-after neighborhoods.
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15985 Mountain Air Dr, Anchorage, AK 99516
4beds
3,328sqft
Single Family Residence
Built in 2018
0.92 Acres Lot
$1,252,800 Zestimate®
$--/sqft
$5,942 Estimated rent
Home value
$1,252,800
$1.19M - $1.32M
$5,942/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Top Shelf Realty LLC,
Real Broker Alaska
Bought with:
Beacon Realty
Keller Williams Realty Alaska Group of Eagle River
Source: AKMLS,MLS#: 26-5237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Fireplace(s), Forced Air, Natural Gas
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- BR/BA Primary on Main Level, Ceiling Fan(s), Den &/Or Office, Granite Counters, Pantry, Soaking Tub, Vaulted Ceiling(s)
- Windows: Window Coverings
- Has basement: No
- Has fireplace: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,328
- Total interior livable area: 3,328 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Paved, Attached, No Carport
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: City Lights, Inlet, Mountain(s), Ocean, Unobstructed
- Has water view: Yes
- Water view: Inlet,Ocean
- Waterfront features: None, No Access
Lot
- Size: 0.92 Acres
- Features: Covenant/Restriction, Landscaped, Views
Details
- Parcel number: 0200436400001
- Zoning: R7
- Zoning description: Intermediate Rural Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Phone Connected
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Tax assessed value: $1,000,400
- Annual tax amount: $14,996
- Date on market: 5/11/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Sold | -- |
Source:  AKMLS #26-5237 Report a problem | ||
| 6/2/2026 | Pending sale | $1,250,000$376/sqft |
Source: AKMLS #26-5237 Report a problem | ||
| 5/25/2026 | Listed for sale | $1,250,000$376/sqft |
Source: AKMLS #26-5237 Report a problem | ||
| 5/24/2026 | Pending sale | $1,250,000$376/sqft |
Source: AKMLS #26-5237 Report a problem | ||
| 5/14/2026 | Listed for sale | $1,250,000+45.6%$376/sqft |
Source: AKMLS #26-5237 Report a problem | ||
| 10/31/2018 | Sold | -- |
Source: AKMLS #18-4443 Report a problem | ||
| 9/6/2018 | Pending sale | $858,500$258/sqft |
Source: Jack White Real Estate #18-4443 Report a problem | ||
| 8/3/2018 | Price change | $858,5000%$258/sqft |
Source: Jack White Real Estate #18-4443 Report a problem | ||
| 6/26/2018 | Price change | $858,9000%$258/sqft |
Source: Jack White Real Estate #18-4443 Report a problem | ||
| 3/26/2018 | Listed for sale | $859,000$258/sqft |
Source: Jack White Real Estate #18-4443 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,996 +6.3% | $1,000,400 +9.1% |
| 2024 | $14,108 +6.7% | $917,000 +10.6% |
| 2023 | $13,223 -0.7% | $829,000 +0.2% |
| 2022 | $13,318 | $827,200 +9.7% |
| 2021 | -- | $754,100 +3.8% |
| 2020 | -- | $726,700 +2.3% |
| 2019 | -- | $710,400 |
| 2018 | -- | $710,400 +275.1% |
| 2017 | $2,584 | $189,400 |
| 2016 | $2,584 | $189,400 |
| 2015 | $2,584 | $189,400 |
| 2014 | $2,584 | $189,400 |
| 2013 | -- | $189,400 +6.9% |
| 2012 | -- | $177,100 |
Find assessor info on the county website
Neighborhood: Rabbit Creek
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Nearby schools
GreatSchools rating
- 10/10Bear Valley Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 9/10Goldenview Middle SchoolGrades: 6-8Distance: 1.1 mi
- 10/10South Anchorage High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Bear Valley
- Middle: Goldenview
- High: South Anchorage
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Alaska
- Anchorage Borough
- Anchorage
- 99516
- Rabbit Creek
- 15985 Mountain Air Dr
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