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$3,800,000

000 Emerald Hls Anchorage, AK 99502

6.0 acres
Land

Property details

About 000 Emerald Hls

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! Major changes have been made recently in Anchorage code to significantly reduce the red tape to develop and promote building housing in Anchorage! This lot lies in the Transportation Corridor which permits property tax abatement on building improvements for up to 28 years!!!! Coupled with the suspension of design standard and you have massive potential to build one of Anchorages greatest real estate developments in decades. 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.

Highlights

Home typeVacant Land
StatusActive
Lot size6 Acres
MLS #25-595
ViewMountain(s), River

Summary

  • View: Mountain(s), River
  • List Price: $3,800,000
  • Directions: NE Corner of Arlene and Dimond Blvd.
  • Lot Size: 6 Acres
  • MLS Number: 25-595
  • MLS Name: Alaska Multiple Listing Service
  • Office Name: Real Estate Brokers of Alaska
  • Office Phone: (907) 343-8900
  • Office Email: info@akreba.com

IDXThe listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.

All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/3/2025, 12:50:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

3

Chinook Elementary School

Public Magnet PK-6

1.1 mi

3101 W 88th Ave

9

Bayshore Elementary School

Public District PK-6

1.1 mi

10500 Bayshore Dr

5

Sand Lake Elementary School

Public Magnet PK-6

1.4 mi

7500 Jewel Lake Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $92,647. Residents of Anchorage, AK typically earn between $100k-200k each year. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

17%
<35k
38%
35k-100k
44%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

32%
Single, No Kids
9%
Single, with Kids
36%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • IKEAIKEA

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • ChipotleChipotle

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • JeepJeep

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 000 Emerald Hls

The listing price of 000 Emerald Hls property is $3,800,000.

The property 000 Emerald Hls is land located in Anchorage, Alaska, 99502.

Active Listing: 000 Emerald Hls is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 000 Emerald Hls are: Chinook Elementary School (GreatSchools Rating 3/10), Bayshore Elementary School (GreatSchools Rating 9/10), Sand Lake Elementary School (GreatSchools Rating 5/10), Mears Middle School (GreatSchools Rating 3/10), Rilke Schule Charter School (GreatSchools Rating 8/10), Hanshew Middle School (GreatSchools Rating 3/10), Dimond High School (GreatSchools Rating 6/10), Focus Homeschool (GreatSchools Rating 4/10), Family Partnership Charter School (GreatSchools Rating 5/10).

The property 000 Emerald Hls is 6 acres.

This home is located at 000 Emerald Hls in Anchorage, AK and zip code 99502 in the Sand Lake neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $3,800,000.

The number of homes for sale in Anchorage, AK decreased by 1.9% between May and June 2025. While the average time on the market in June 2025 was 55 days, the median list price was $409,587.

From Rocket Homes Real Estate and based on county public records data.

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