1 / 26$195,000
L4 B5 Mountain Air Drive
Anchorage AK 99516
Shangri-La Estates-East
The Agency Anchorage
0
Bathrooms
MLS# 26-5378· Listed May 13, 2026
Live MLS feedAbout This Property
Welcome to Mountain Hemlock Estates, an exclusive new subdivision featuring seven exceptional homesites with sweeping inlet and mountain views. Thoughtfully positioned among mature hemlock trees and bordered by serene wetlands, these lots provide remarkable privacy, abundant wildlife, and an unparalleled Alaska backdrop. Each parcel offers highly buildable terrain with the perfect balance of natural beauty and convenience. Whether you envision quiet mornings overlooking the Chugach Mountains or evenings spent on your deck immersed in the sights and sounds of Alaska, Mountain Hemlock Estates delivers a truly extraordinary setting for your custom home.
Documents & insights
4 documents from current & prior listings · parcel #02004387000.
Summary of 4 documents from this property's current and prior listings. 4 items worth reviewing, plus 31 additional facts captured.
What the seller reported about utilities
No public water or sewer infrastructure exists within the area; the proposed subdivision intends to serve each… lot with individual wells and onsite septic systems. Local well log data indicates water is abundant with recently drilled wells averaging 10.3 gpm of production.
Source: Perc Test Results · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
A sample of what's in the documents
Engineer evaluation listed a known issue
The Perc Test Results notes this item as a known issue. Exact wording from the document is quoted below.
Wetlands delineate approximately 6.4 acres or 36.5% of the project site.View source — Perc Test Results
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Documents on this listing
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Disclosure timeline
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Property Details
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
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Listed by: Emma Shibe · The Agency Anchorage
© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated June 2026.
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Mortgage Estimate
$1,168/mo
$175,500 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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