$609,500
4 Bed · 3 Bath · 1,878 Sq Ft
Hardwood floors, heated 2-car garage, RV parking — steps from Coastal Trail
4
Beds
3
Baths
1,878
Sq Ft
1951
Built
0.25 acres
Lot
2-car attached (heated floor)
Garage
What sets this North Star residence apart is the two-story addition that rises above the original ranch footprint, creating vaulted ceilings and a sense of scale rare for a mid-century home. Step inside to well-preserved hardwood floors and a wood-burning fireplace that anchors the main living space. The addition introduces generous vertical volume and flexible living areas — perfect for a playroom, home office, or a primary suite with elevated sight lines toward the Chugach Mountains.
The kitchen and adjoining rooms retain a comfortable, lived-in character while offering an opportunity to personalize finishes to your taste. Practical features for Anchorage life include baseboard heating, a large unfinished basement ready for finishing, and a 2-car attached garage with heated floors that eases winter mornings and gear storage. RV parking beside the driveway expands vehicle options and supports active, outdoors-focused lifestyles.
Outside, the quarter-acre lot gives you a private backyard framed by mature landscaping and room for gardening, entertaining, or a future deck. From this Hillcrest Drive address you’re about 0.5 miles from Westchester Lagoon and the Coastal Trail — ideal for biking, birdwatching, and waterfront walks — and roughly 1.5 miles to downtown Anchorage when you want restaurants or cultural events. Romig Middle School and West High are both within a few blocks, making school runs quick and walkable.
Practicality meets potential throughout: a large unfinished basement provides a clear path to add square footage and value, while the home’s condition is described as good, reflecting thoughtful upkeep since the 1951 build. With no HOA restrictions, the property appeals to buyers who want flexibility — whether that means finishing the basement, creating an accessory dwelling under R1 zoning allowances, or expanding outdoor amenities. This is a home that balances original character, useful upgrades, and proximity to Anchorage’s best outdoor assets.
North Star is a residential neighborhood prized for its proximity to Anchorage’s best outdoor corridors and short rides into downtown. Streets here are lined with mature trees and a mix of mid-century and updated homes; residents value walkability, nearby schools, and direct access to the Coastal Trail and Westchester Lagoon for year-round recreation. Local life blends quiet, family-friendly blocks with quick access to city amenities, cultural venues, and waterfront routes.
The North Star micro-market remains competitive, driven by limited inventory and strong preference for single-family homes near the Coastal Trail and Westchester Lagoon. Recent data points show this property sold in early 2024 for $624,900; current automated valuations center around a $609,500 midpoint (range $576k–$643k) while the 2025 assessed value is $517,300. Those figures indicate market pricing modestly above assessment, a pattern consistent with steady appreciation in the neighborhood. Comparable recent sales on Hillcrest Drive show price-per-square-foot values in the mid-to-high $200s, with a nearby 4BR sale and a townhouse sale providing local benchmarks. Days on market and inventory months are not robustly available for this immediate pocket, but qualitative indicators — low visible inventory and active demand for homes with outdoor access and school proximity — point to a seller-leaning environment. For buyers, actuarial rents and a rent-per-square-foot estimate (~$1.54/sf) underscore rental demand if considering a hold strategy; for sellers, the combination of limited supply and desirable walkability (estimated 75/100) supports listing with confidence, while attention to potential tax reassessment is advised given recent sale activity.
Romig Middle School
Middle · 0.3 mi
West High School
High · 0.3 mi
North Star Elementary School
Elementary
Excellent trail and waterfront access: Westchester Lagoon and the Coastal Trail are about 0.5 miles away for biking, walking, and birding; downtown amenities are within 1.5 miles for cultural and dining options.
Well-maintained home in a desirable Anchorage neighborhood with recent updates and proximity to recreational amenities. The combination of original charm and modern features, along with no HOA restrictions, offers flexibility and appeal to a broad range of buyers.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$576K
Midpoint
$610K
High
$643K
$324/SF estimated price per square foot
Sales comparison approach using recent sale of subject property and comparable sales in the neighborhood. Adjusted for property size, condition, and unique features. Assessed value of $517,300 appears below market.
As of 2026-03-06
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
North Star neighborhood has seen steady appreciation in property values over the past five years. Walkability Rating estimate: 75/100.
Proximity to Westchester Lagoon and Coastal Trail offers recreational opportunities; close to downtown Anchorage amenities; nearby schools within walking distance.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$333/SF
Sold after 3.8% price reduction from original listing price of $649,500
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