#25-1211, Listing office: Keller Williams Realty Alaska Group
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
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
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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.
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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
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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.
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.
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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.