Nestled on a full acre in one of Anchorage's most desirable hillside locations, this ranch home is ready for a bold transformation. If you've been looking for a diamond in the rough, this is your chance to bring new life to a property brimming with potential. This home offers an efficient footprint, ideal for a creative renovation or a fresh start entirely.**Multiple Offers submit by 5:00 pm 7/2While the structure needs extensive repairs and currently has no electricity visionary investors and experienced renovators will recognize the opportunity to build equity and customize every detail to their liking. Outside, the lot offers both privacy and space, with mature trees and natural surroundings that hint at what could be a serene retreat. The property includes several junk vehicles and a large quantity of debris both inside and out everything conveys with the sale making this a full-scale project for those ready to roll up their sleeves. This is not a project for the faint of heart but for the right buyer, it's a rare chance to secure a full acre in Anchorage's sought-after Lower Hillside area. With room to expand, rebuild, or fully renovate, the possibilities are wide open.
Pending
$212,500
5040 E 112th Ave, Anchorage, AK 99516
3beds
1,608sqft
Est.:
Single Family Residence
Built in 1961
1.02 Acres Lot
$-- Zestimate®
$132/sqft
$-- HOA
What's special
Mature treesPrivacy and spaceNatural surroundingsSerene retreatFull acreEfficient footprintDesirable hillside location
- 26 days
- on Zillow |
- 599 |
- 87 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 08:18pm
Listed by:
Debraly Gamache,
RE/MAX Dynamic Properties
Source: AKMLS,MLS#: 25-8166

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Fireplace(s), Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator, Washer &/Or Dryer
Features
- BR/BA on Main Level, Laminate Counters, SBOS Reqd-See Rmks
- Flooring: Carpet, Hardwood, Vinyl
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,608
- Total interior livable area: 1,608 sqft
Property
Parking
- Total spaces: 2
- Parking features: RV Access/Parking, Attached, No Carport
- Attached garage spaces: 2
Features
- Exterior features: Private Yard
- Waterfront features: None, No Access
Lot
- Size: 1.02 Acres
- Features: Road Service Area
- Topography: Level,Sloping
Details
- Additional structures: Workshop, Shed(s)
- Parcel number: 0151423900001
- Zoning: R6
- Zoning description: Suburban Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Unknown
- Foundation: Unknown - BTV
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $403,500
- Annual tax amount: $7,113
- Date on market: 6/30/2025
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