Active

000 Emerald Hills

Anchorage AK, 99502

$3,950,000


$14.63 per sqft

Active

6.2 Acres

Land

Listed by Kevin B Cross with Real Estate Brokers of Alaska

6.2-acre parcel of land at the northeast corner of West Dimond Blvd and Arlene St. Total frontage is 1,050 linear feet on streets with total average daily traffic counts of nearly 30,000 vehicles per day. The site is directly west of Emerald Hills Park, Campbell creek and the Campbell Creek Trail bike and south of Dimond High School. R3A Mixed-use commercial & residential allows for 200+ Units.Prime 6.25-Acre Development Opportunity in Anchorage!

Unlock the potential of a 6.25-acre urban haven at the northeast corner of Dimond Boulevard and Arlene Street. Nestled at the gateway to Emerald Hills, this property offers breathtaking vistas, unparalleled exposure, and limitless possibilities for residential, commercial, or mixed-use development.

Unmatched Views & Prime Location: Overlooking Emerald Hills Park, Campbell Creek, and Moose's Loop Trail with unobstructed views of the majestic Chugach Mountains.
Walkable Convenience: Just steps from Fred Meyer, Dimond High School, Chinook Elementary, and Campbell Lake.
Zoning Flexibility for Your Vision:

R3A zoning allows:
Over 200 residential units can be built on site.
Up to 33% of the gross floor area for commercial use.
Flexible configurations: Integrate commercial and residential spaces within the same building or as standalone structures.
Unparalleled Exposure:

465 feet of frontage on Dimond Blvd for commercial development.
Traffic volumes averaging 18,000-22,000 vehicles daily.
Development-Ready:
Soil tests complete.
Flexible building codes permit structures up to 40 feet tall for mixed-use projects, high density residential, and alternative parking options.
This rare combination of strategic location, zoning flexibility, and stunning views makes Emerald Hills Lot 6 the ultimate blank canvas for a visionary developer.

25-595

MLS ID

January 20, 2025

Listed

January 22, 2025

Updated

Map

000 Emerald Hills
Anchorage AK, 99502

Exterior/Building Features

Lot Size

6.2 Acres


Lot Features

City Lot, Multi-Family Ok, Parkside, Trailside, Views

Other Property Details

Area Name

1A - Anchorage Municipality


Garage

No


View

Yes


View Description

Mountain(s), River


Pool

No


Zoning

R3

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 1/22/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 1/22/2025 at 12:16 AM UTC

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