$1,275,000
 $6,844 est/mo Sourced by Back At You

3741 Ptarmigan Terrace,Anchorage, AK 99516

Anchorage, AK 99516

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Description

Own a year-round successful business from the comfort of your own property! This rare Lower Hillside EQUESTRIAN CENTER features a 7,900-square-foot INDOOR ARENA, allowing you to ride through Alaska's rain, snow and long winters--without hauling your horses or commuting to the Valley. Designed for serious HORSE owners, the turnkey facility includes a 60' x 90' RIDING AREA, 10 matted box stalls, Heated and insulated tack and feed rooms, hot water, hay storage, electricity and a 14-foot powered roll-up door. Trusses are double thickness and 10-foot spacing for enhanced strength under Alaska's wind and snow conditions. A 100' x 150' outdoor arena with fenced shaded lawn, picnic tables low bleachers. 10 turnout corrals, fenced front lawns and a large goat house provide even more flexibility. Wide driveways, two-road access and parking for multiple horse trailers make maneuvering larger rigs easy.Situated on approximately 2.5 acres, the updated 2,304-square-foot home offers four bedrooms, two full bathrooms, two kitchens and two laundry areas--ideal for multigenerational living, barn staff, guests or Airbnb. Remodeled main-level with formal entry, kitchen features quartz countertops, an island with gas range, newer appliances and generous storage. Additional highlights include Anderson windows, waterproof vinyl flooring, recessed LED lighting, a wood-burning stove and a new southern exposure Trex deck.The daylight lower level offers a separate entrance, two bedrooms, a renovated kitchen with granite countertops, a living room, full bathroom and dedicated laundry area. The property also includes storage sheds, a generator, tractor, snowblower and woodchipper.Enjoy a peaceful setting directly across from more than 65 acres of Little Rabbit Creek Bluff Park, yet only minutes from the New Seward Highway, shopping, restaurants and everyday conveniences. This is an exceptional opportunity to enjoy a fully equipped horse property with indoor winter riding--all within Anchorage. Also listed as Business Opportunity on MLS #26-11821

Details

MLS #26-10709
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1962
Days On Site38
Listing Provided ByReal Broker Alaska | April Slama

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,304
Car PortYes
ZoningR6 - Suburban Residential
Acreage2.50

Interior

Rooms Total0
HeatingUnknown
Heating Yes / NoYes

Exterior

Foundation DetailsOther

Parking

Parking FeaturesNone
Carport Sp Type Co Carport Sp TypeAttached, Detached

Utilities

SewerSeptic Tank

Taxes

Tax Annual Amount8385.9
Tax Year2026
Tax Map NumberN/A
Tax Legal DescriptionT12NR3WSEC33 L247

Area Information

StateAK
CityAnchorage
Zip Code99516
Area1A Anchorage Municipality
SubareaDearmoun Rd Potter Marsh
School DistrictSouth Anchorage
Elementary SchoolRabbit Creek
High SchoolSouth Anchorage
Listing VS Median (in 99516)
Price:
$1,275,000
low | high
Med:
$839,900
84.125490196078% of Average
sqft:
2,304
low | high
Med:
4,028
24.826388888889% of Average
$ / sqft:
$553
low | high
Med:
$209
100% of Average
On site:
38
low | high
Med:
141
26.950354609929% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityAnchorage
Zip Code99516
Area1A Anchorage Municipality
SubareaDearmoun Rd Potter Marsh
School DistrictSouth Anchorage
Elementary SchoolRabbit Creek
High SchoolSouth Anchorage
Listing VS Median (in 99516)
Price:
$1,275,000
low | high
Med:
$839,900
84.125490196078% of Average
sqft:
2,304
low | high
Med:
4,028
24.826388888889% of Average
$ / sqft:
$553
low | high
Med:
$209
100% of Average
On site:
38
low | high
Med:
141
26.950354609929% of Average
Sourced by Back At You
Listing Updated: September 19, 2026 at 8:31:04 AM PDT