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For sale
  • Price cut: $50K (10/2)
    $1,225,000

    3741 Ptarmigan Ter, Anchorage, AK 99516

    4beds
    2,304sqft
    : 
    $8,519/mo
    Get pre-qualified
    Single Family Residence
    Built in 1962
    2.5 Acres Lot
    $1,173,800 Zestimate®
    $532/sqft
    $-- HOA

    What's special

    Formal entryWood-burning stovePicnic tablesStorage shedsWide drivewaysRecessed led lightingFenced front lawns
    Own a year-round successful business from the comfort of your own property! This rare Lower Hillside EQUESTRIAN CENTER features a 7,900-square-foot INDOOR ARENA, allowing you to ride through Alaska's rain, snow and long winters--without hauling your horses or commuting to the Valley.Designed for serious HORSE owners, the turnkey facility includes a 60' x 90' RIDING AREA, 10 matted box stalls,Heated and insulated tack and feed rooms, hot water, hay storage, electricity and a 14-foot powered roll-up door. Trusses are double thickness and 10-foot spacing for enhanced strength under Alaska's wind and snow conditions. A 100' x 150' outdoor arena with fenced shaded lawn, picnic tables low bleachers. 10 turnout corrals, fenced front lawns and a large goat house provide even more flexibility. Wide driveways, two-road access and parking for multiple horse trailers make maneuvering larger rigs easy. Situated on approximately 2.5 acres, the updated 2,304-square-foot home offers four bedrooms, two full bathrooms, two kitchens and two laundry areas--ideal for multigenerational living, barn staff, guests or Airbnb. Remodeled main-level with formal entry, kitchen features quartz countertops, an island with gas range, newer appliances and generous storage. Additional highlights include Anderson windows, waterproof vinyl flooring, recessed LED lighting, a wood-burning stove and a new southern exposure Trex deck. The daylight lower level offers a separate entrance, two bedrooms, a renovated kitchen with granite countertops, a living room, full bathroom and dedicated laundry area. The property also includes storage sheds, a generator, tractor, snowblower and woodchipper. Enjoy a peaceful setting directly across from more than 65 acres of Little Rabbit Creek Bluff Park, yet only minutes from the New Seward Highway, shopping, restaurants and everyday conveniences. This is an exceptional opportunity to enjoy a fully equipped horse property with indoor winter riding--all within Anchorage. Also listed as Business Opportunity on MLS #26-11821
    56 days
    660
    21

    Zillow last checked:

    Listing updated:

    Listed by:

    April Slama,

    Real Broker Alaska

    Source: AKMLS,MLS#: 26-10709MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Unknown
      Features
      • Has basement: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,304
      • Total interior livable area: 2,304 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: No Garage, Attached Carport, Detached Carport
      • Carport spaces: 1
      Features
      • Waterfront features: None, No Access
      Lot
      • Size: 2.5 Acres
      Details
      • Parcel number: 0183321800001
      • Zoning: R6
      • Zoning description: Suburban Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Unknown - BTV
      Condition
      • New construction: No
      • Year built: 1962

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      Location
      • Region: Anchorage

      Financial & listing details

      • Price per square foot: $532/sqft
      • Annual tax amount: $8,385
      • Date on market: 8/21/2026

        Estimated market value

        $1,173,800

        $1.12M - $1.23M

        $3,335/mo

        Price history

        DateEventPrice
        10/2/2026Price change$1,225,000-3.9%$532/sqft
        Source: AKMLS #26-10709 Report a problem
        9/3/2026Listed for sale$1,275,000$553/sqft
        Source: AKMLS #26-10709 Report a problem
        11/13/2001Sold--
        Source: AKMLS #01-111600 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Rabbit Creek

        Getting around

        13 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Rabbit Creek
        • 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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