Welcome to one of Alaska's most extraordinary aviation estates, nestled on the exclusive Hilltop Airstrip in Chugiak. Spanning more than 11,000 square feet, this remarkable custom property was designed to accommodate grand scale entertaining, multigenerational living, executive retreats, or a boutique bed and breakfast.The thoughtfully designed floor plan offers up to 12 potential bedrooms, 8 full bathrooms, and 5 half bathrooms, with multiple private living areas, including a full in-law suite, that provide exceptional flexibility. A ballroom overlooking the airstrip creates the perfect setting for weddings, galas, celebrations, or unforgettable gatherings, while two full kitchens make hosting effortless. Two private 2-bedroom apartments offer ideal accommodations for extended family, guests, caretakers, or additional income potential. For aviation enthusiasts, this property is truly unmatched. Enjoy direct access to Hilltop Airstrip along with two impressive aircraft hangars, one of which has been beautifully transformed into a welcoming pilot's lounge. Two oversized 4-car garages provide abundant space for vehicles, aircraft support equipment, recreational toys, and storage. Whether you're envisioning a luxury fly-in estate, corporate retreat, private lodge, event venue, or an exceptional home for generations to gather, this one-of-a-kind property offers a level of size, versatility, and opportunity rarely found in Alaska. An iconic estate where aviation, luxury, and limitless possibilities come together.
For sale
$1,700,000
21650 Graybill St, Chugiak, AK 99567
12beds
11,073sqft
Single Family Residence
Built in 1975
1.11 Acres Lot
$1,624,300 Zestimate®
$154/sqft
$-- HOA
What's special
Multigenerational livingTwo impressive aircraft hangarsBallroom overlooking the airstripThoughtfully designed floor planTwo full kitchensFull in-law suite
- 31 days
- 1,437
- 61
Zillow last checked:
Listing updated:
Listed by:
Richelle L Killian,
Keller Williams Realty Alaska Group
Source: AKMLS,MLS#: 26-9904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 13
- Full bathrooms: 8
- 1/2 bathrooms: 5
Heating
- Natural Gas, Radiant Floor
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- Den &/Or Office, Family Room, Granite Counters, In-Law Floorplan, Pantry, Vaulted Ceiling(s), Storage
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 11,073
- Total interior livable area: 11,073 sqft
Video & virtual tour
Property
Parking
- Total spaces: 21
- Parking features: Paved, RV Access/Parking, Attached, No Carport
- Attached garage spaces: 21
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Deck/Patio
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: None, No Access
Lot
- Size: 1.11 Acres
- Features: Landscaped, Views
- Topography: Level
Details
- Additional structures: Airplane Hangar
- Parcel number: 0510639000001
- Zoning: CE-R-7
- Zoning description: Medium-Density Single Family Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Unknown - BTV
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Chugiak
Financial & listing details
- Price per square foot: $154/sqft
- Tax assessed value: $1,625,100
- Annual tax amount: $27,100
- Date on market: 8/6/2026
- Road surface type: Paved
Estimated market value
$1,624,300
$1.54M - $1.71M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $1,700,000+25.9%$154/sqft |
Source: | ||
| 12/29/2023 | Sold | -- |
Source: | ||
| 12/21/2022 | Pending sale | $1,350,000$122/sqft |
Source: | ||
| 12/9/2022 | Listed for sale | $1,350,000$122/sqft |
Source: | ||
| 12/9/2022 | Pending sale | $1,350,000$122/sqft |
Source: | ||
| 9/22/2022 | Price change | $1,350,000-3.6%$122/sqft |
Source: | ||
| 8/3/2022 | Price change | $1,400,000-6.7%$126/sqft |
Source: | ||
| 6/24/2022 | Price change | $1,500,000-9.1%$135/sqft |
Source: | ||
| 5/9/2022 | Price change | $1,650,000-5.7%$149/sqft |
Source: | ||
| 1/22/2022 | Price change | $1,750,000-10.3%$158/sqft |
Source: | ||
| 11/5/2021 | Listed for sale | $1,950,000$176/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,271 +0.1% | $1,625,100 +2.8% |
| 2024 | $23,249 +11.6% | $1,580,500 +13.7% |
| 2023 | $20,830 +2.8% | $1,390,500 +3.6% |
| 2022 | $20,267 | $1,342,200 +12.7% |
| 2021 | -- | $1,190,900 -2.6% |
| 2020 | -- | $1,222,400 +0.4% |
| 2019 | -- | $1,217,800 |
| 2018 | -- | $1,217,800 -5.6% |
| 2017 | $16,636 | $1,289,900 -2.1% |
| 2016 | $16,636 | $1,317,500 -1.6% |
| 2015 | $16,636 | $1,338,600 +2.6% |
| 2014 | $16,636 | $1,305,200 +3.3% |
| 2013 | -- | $1,264,100 +4.9% |
| 2012 | -- | $1,204,900 +3.5% |
| 2011 | -- | $1,163,800 -6.8% |
| 2010 | -- | $1,248,500 |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99567
Nearby schools
Schools provided by the listing agent
- Elementary: Chugiak
- Middle: Mirror Lake
- High: Chugiak
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




