L5 B5 Mountain Air Drive, Anchorage AK 995161 / 26

$195,000

Active

L5 B5 Mountain Air Drive

Anchorage AK 99516

Mountain Hemlock Estates

The Agency Anchorage

0

Bathrooms

0.92 acres lot

MLS# 26-5379· Listed May 13, 2026

Live MLS feed

About This Home

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

2 to review

4 documents from current & prior listings · parcel #02004388000.

AI Summary

Summary of 4 documents from this property's current and prior listings. 2 items worth reviewing, plus 30 additional facts captured.

What the seller reported about utilities

From disclosure

Electricity and natural gas are on or adjacent to the property. Utility installations for both were completed in 09/2023 via Lineworks/Chugach Electric and Enstar, respectively. A septic tank system is required and is to be installed by the purchaser.

Source: Land Disclosure · Current listing

Reflects the prior owner's usage and providers. Your costs may vary.

A sample of what's in the documents

Worth a lookCurrent listing

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.

Lot 6 may require the installation of a subdrain to mitigate subsurface flows as part of the on-site septic system.
View source — Perc Test Results
Unlock 31 more items + ask questions

Free signup. Google or phone. See everything the documents say about this property and ask anything. Bonus: new-listing alerts for the neighborhood.

Ask anything about this property

Ask a question about these documents…

Disclosure timeline

AI-assisted summaries may be incomplete. Always verify against source documents.

Property Details

Property TypeLand
Lot Size0.92 acres
SubdivisionMountain Hemlock Estates
Parcel #02004388000
HOA Fee$228/Yearly
MLS #26-5379

View

City LightsInletMountain(s)

Price & Status History

5/13/2026
Listed for sale
$195,000-2.0%
Source: AKMLS #26-5379
10/17/2023
Listed for sale
$199,000

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Videos & Virtual Tours

Equal Housing Opportunity

Listed by: Emma Shibe · The Agency Anchorage

Alaska MLS

© 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 May 2026.

Better Homes and Gardens Real Estate Dream Makers · Licensed in Alaska. Fair Housing laws protect all buyers and sellers.

Cindy Wolfe

Cindy Wolfe

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

Ready to schedule a private showing or answer your questions about this home.

No obligation · Response within 2 hours

Trusted by Clients

Mortgage Estimate

Down payment10% · $19,500
Interest rate7.0%
Loan term30 years

$1,168/mo

$175,500 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Cindy Wolfe

Dream Makers

Similar Homes in Anchorage