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Residents of South Anchorage real estate enjoy some of the best access to amenities, recreation and some of the best schools in the state. Featuring some of the newest neighborhoods in Anchorage, homebuyers have some of the best housing selection in the area.
Offering plenty of space, this quiet and rural part of the city attracts a wide variety of homebuyer looking for that lifestyle that perfectly blends city life with rural tranquility. Perfect for growing and established families as well as young professionals and couples, South Anchorage homes for sale present an exciting and unique opportunity to live in a flourishing Anchorage community.
Positioned in the southern section of Anchorage, residents of Bayshore enjoy breathtaking panoramic vistas of the beautiful sub-arctic setting. The Chugach Mountains dominate the horizon to the west. Immediately to the east is the expansive blue of Turnagain Arm, and the grand Pacific beyond. All the homes in this neighborhood share a picturesque natural setting while providing residents with all the essential conveniences and comforts of the big city. Its exclusive location and clubhouse amenities is clear evidence why Bayshore is so sought after by families.
Cedar Hollow is a friendly neighborhood, consisting mostly of single-family homes in south Anchorage. Many properties can be found on quiet cul-de-sacs. With convenient access to schools, recreation, shopping and dining, Cedar Hollow was an ideal neighborhood in the mid to late 1990s, but has since faced a slight decline and had several foreclosures over the last three years. Cedar Hollow is an example of a neighborhood that would have held its value with an HOA. I grew up in this neighborhood and loved it. Some of the kids I played with are now raising their children in Cedar Hollow. From what I have heard, there is a lot of on-street parking. Aside from that, the neighborhood is still the same.
Independence Park is a well-planned community in southeast Anchorage that has been described as one of the best places to live due to its pedestrian-friendly atmosphere. It is within easy walking distance to restaurants, shopping, medical and dental facilities, parks, cross country skiing and biking trails. Primarily consisting of condos and townhomes, the neighborhood has a diverse population and demographic. The community has become increasingly popular for its meticulously maintained grounds and affordable condos priced from 90 to 315k. There are some single family and zero lot line homes in this neighborhood. Most of them are found on the southeast side of the development and in the newest additions on the bluff side of Lake Otis which connects Independence through a few feeder streets. Some work force and senior housing are offered and tucked in nicely throughout the area. If you are looking for an investment property, this area is very attractive, but please be aware not all condo associations will allow for this. You must do extensive research and read through the condo resale certificate.
Seascape is a quaint south Anchorage neighborhood located within the larger south Anchorage neighborhood of Bayshore-Klatt. The area of Seascape includes Victor Road, Stockdale Circle, Lusardi Point Circle, Montague Bay Circle, and Marian Bay Circle. I used to housesit back here. The trail, parks and proximity to the inlet/ocean and amenities make this neighborhood a favorite in my book. Plus shopping at CostCo, Target, Fred Meyer, and Walmart is just three minutes away. Keep in mind that some of the homes in this area fall under an association, but most do.
Nestled between O’Malley and Abbott Road, Hillside Drive and Birch is a south Anchorage neighborhood affectionately called Valli Vue Estates, otherwise known as “the tree streets”. This area is one of my favorites. I have spent hours walking through this pleasant community that offers residents a relaxing and private atmosphere. Valli Vue is a great community for families. However, most homes here have dated architecture. Also, there is very limited inventory. The homeowners of Valli Vue have been settled for an average of 20 years. I think the slow turnover rate has a lot to do with the location, connection with nature and quick access to amenities. They are also from the generation of “you buy your home and that is the home you live in until you retire.” I have spoken with many residents who would like to move out of their homes, but feel the cost is too great to downsize. Some of these homes are on the second septic system. That means the third will have to be a Biocycle or Advantex system. The other issue that this neighborhood faces is that today’s Millennial and Cusp Gen Y buyers are looking for smaller carbon footprints rather than large hillside homes. They prefer urban living and communing with nature when they bike to work or hit the trails with their dogs. Also, they may not be able to afford $500 to $700 or more a month in property taxes.
Wooded Acres is a friendly, well-established community located at the cusp of midtown/south Anchorage. I used to get my nails done by a lady who lived in the original neighborhood. Later in the early 2000s, Hallmark Homes put in several hundred site condos. They are similar in features and amenities to many other condo projects in Anchorage built by other developers. I believe this phase of condos are known as site condos which are no longer permitted to be built in Anchorage due to tight street and parking conditions. My friend has lived in the condo development for years. Here are her thoughts on the neighborhood: “We love the location. Our number one reason for loving it here is that you can easily get anywhere in town in 10 minutes. You can jump right onto the highway. You can head to Elmore and go east fast or you can drive to Northern Lights and go west quickly. You are close to the Campbell Creek trail. Tudor Elementary and ABC Northern Lights and several parks are within walking distance. The streets are quiet because you don't have through traffic, so the kids can ride their bikes. The condo association is great. It tries to maintain the home values by making sure people keep up the appearance of their homes. There is no fighting; people are generally compliant. Although you share a wall, the wall between the units was built triple thick, meaning the only thing you can hear is their garage door and their vacuum. Some of the backyards are decent size, but most are really small. The cons of living here: the snow dump. It causes water table issues. If someone buys the piece of land between the swamp and the apartment complex, the community could change, depending, of course, on what they might build.”