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Lot/land
    • Price cut: $5K (5/22)
    $224,500

    16037 Terracewood Ln, Anchorage, AK 99516

    --beds
    --baths
    0.46Acres
    Unimproved Land
    Built in ----
    0.46 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Located in South Park, a highly sought after neighborhood. Build your dream home. This property is significantly prepared for new construction, as the seller has already obtained: 4618 sq. ft. house plans, building permit has been issued, and the septic design is complete. This represents a great value as the lot has been cleared and is ready for a builder. Electric, gas, and city water.THIS LOT IS NOT SUBJECT TO THE HOA.
    182 days
    |
    95
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin Blackburn,

    NextHome Arctic Sun,

    Toni Brewer,

    NextHome Arctic Sun

    Source: AKMLS,MLS#: 26-460MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No

      Property

      Features
      • Has view: Yes
      • View description: Territorial
      • Waterfront features: No Access, None
      Lot
      • Size: 0.46 Acres
      • Features: Covenants
      • Topography: Gently Rolling,Sloping
      Details
      • Parcel number: 0204911500001
      • Zoning: R7
      • Zoning description: Intermediate Rural Residential

      Utilities & green energy

      • Utilities for property: Elec - Adj to Site, Nat Gas - Adj Site, Septic - None, Telephone - Adj Site

      Community & HOA

      Location
      • Region: Anchorage

      Financial & listing details

      • Tax assessed value: $112,800
      • Annual tax amount: $743
      • Date on market: 1/17/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/22/2026Price change$224,500-2.2%
        Source: AKMLS #26-460 Report a problem
        1/17/2026Listed for sale$229,500
        Source: AKMLS #26-460 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,488 +2.4%$112,800 +5.4%
        2024$1,454 +0.3%$107,000 +4.5%
        2023$1,449 -1.1%$102,400 -0.1%
        2022$1,466 $102,500
        2021-- $102,500
        2020-- $102,500
        2019-- $102,500
        2018-- $102,500 -12.8%
        2017$1,165 $117,600
        2016$1,165 $117,600
        2015$1,165 $117,600 +16.6%
        2014$1,165 $100,900 +15.1%
        2013-- $87,700 -3.7%
        2012-- $91,100
        2011-- $91,100 +8.5%
        2010-- $84,000
        2009-- --
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --
        2003-- --
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Rabbit Creek

        Getting around

        5 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        22 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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