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For sale
  • Price cut: $100K (8/2)
    $1,650,000

    7990 Paine Rd, Anchorage, AK 99516

    4beds
    5,360sqft
    : 
    $10,824/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    5.97 Acres Lot
    $1,622,100 Zestimate®
    $308/sqft
    $-- HOA

    What's special

    Professionally designed kitchenExpansive mountain viewsBreathtaking mountain sceneryBreathtaking panoramic viewsAbundant wildlifeCustom millworkThermador appliances
    Known as ''The Raven House'', this extraordinary custom mountain estate is perched high on a mountainside, nestled within a mature hemlock forest and offering a rare combination of privacy, craftsmanship, and self-sufficiency. Set on approximately 6 acres surrounded by breathtaking mountain scenery, the property features private trails leading directly to a peak summit overlooking Cook Inlet,Denali, Sleeping Lady, and the surrounding mountain ranges. Designed for those who seek space, tranquility, and exceptional quality over a conventional neighborhood setting, this is a property unlike any other in Anchorage. Thoughtfully engineered and meticulously constructed, the home showcases remarkable craftsmanship throughout. Expansive windows frame breathtaking panoramic views while filling the living spaces with natural light. Exposed timber accents, custom millwork, premium finishes, and carefully selected materials create a warm, refined interior that is both luxurious and inviting. Every element of the home reflects an uncompromising commitment to quality. Originally designed as a high-performance off-grid residence, the property features a sophisticated solar array, battery storage system, and backup generator that provide dependable year-round operation. With Chugach Electric now extending service to the area, future owners will also have the option of connecting to the electrical grid while retaining the benefits and flexibility of the existing energy systems. The professionally designed kitchen is equally suited for everyday living and entertaining, featuring custom cabinetry, Thermador appliances, stunning quartzite natural stone countertops, an oversized center island, and generous workspace. The spacious primary suite offers a private retreat with breathtaking views, an expansive walk-through closet, and spa-like amenities. Additional bedrooms and flexible living spaces provide exceptional versatility for family, guests, remote work, or hobbies. Outside, the home blends seamlessly into its mountain surroundings. Native vegetation complements the natural landscape while requiring minimal maintenance, allowing the focus to remain on the spectacular setting. A custom cedar sauna, abundant wildlife, and expansive mountain views create a lifestyle that is as peaceful as it is adventurous. Despite its secluded setting, the property is located just 13 minutes from grocery shopping, dining, and everyday conveniences, offering an experience that feels a world away without sacrificing accessibility. Whether you're enjoying a quiet sunrise over the mountains, hiking directly from your own property to breathtaking summit views, working from home surrounded by nature, or entertaining friends in an unforgettable setting, this home offers a lifestyle that is nearly impossible to replicate. This is far more than a luxury home--it's an opportunity to own one of Anchorage's most distinctive private mountain estates.
    124 days
    |
    1,563
    |
    76
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathon Wagner,

    Herrington and Company, LLC

    Source: AKMLS,MLS#: 26-3144MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 3
      Heating
      • Fireplace(s), Natural Gas, Radiant Floor
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • BR/BA on Main Level, BR/BA Primary on Main Level, Den &/Or Office, Pantry, Sauna, Soaking Tub, Vaulted Ceiling(s)
      • Has basement: No
      • Has fireplace: Yes
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 5,360
      • Total interior livable area: 5,360 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, RV Access/Parking, Attached, Heated Garage, No Carport
      • Attached garage spaces: 3
      Features
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: City Lights, Inlet, Mountain(s), Unobstructed
      • Has water view: Yes
      • Water view: Inlet
      • Waterfront features: None, No Access
      Lot
      • Size: 5.97 Acres
      • Features: Poultry Allowed, Views
      • Topography: Sloping
      Details
      • Parcel number: 0201613000001
      • Zoning: R10
      • Zoning description: Residential Alpine/Slope

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Anchorage

      Financial & listing details

      • Price per square foot: $308/sqft
      • Tax assessed value: $188,300
      • Date on market: 4/1/2026

        Estimated market value

        $1,622,100

        $1.54M - $1.70M

        $7,408/mo

        Price history

        DateEventPrice
        8/2/2026Price change$1,650,000-5.7%$308/sqft
        Source: AKMLS #26-3144 Report a problem
        7/11/2026Price change$1,750,000-5.4%$326/sqft
        Source: AKMLS #26-3144 Report a problem
        6/3/2026Price change$1,850,000-5.1%$345/sqft
        Source: AKMLS #26-3144 Report a problem
        4/1/2026Listed for sale$1,950,000-11.4%$364/sqft
        Source: AKMLS #26-3144 Report a problem
        1/15/2026Listing removed$2,200,000$410/sqft
        Source: AKMLS #25-8992 Report a problem
        7/23/2025Listed for sale$2,200,000$410/sqft
        Source: AKMLS #25-8992 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $188,300 +1.2%
        2024$1,973 +25.5%$186,100 +29.4%
        2023$1,572 -2%$143,800
        2022$1,603 $143,800
        2021-- $143,800
        2020-- $143,800
        2019-- $143,800
        2018-- $143,800 +11.7%
        2017$709 $128,700 +79%
        2016$709 $71,900
        2015$709 $71,900
        2014$709 $71,900
        2013-- $71,900 +1.8%
        2012-- $70,600
        2011-- $70,600
        2010-- $70,600
        2009-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.

        Climate risks

        Neighborhood: Bear Valley

        Getting around

        0 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        10 / 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.

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