#25-4504, Listing Office: Keller Williams Realty Alaska Group
21440 Falling Water Cir Eagle River, AK 99577
Property details
About 21440 Falling Water Cir
Welcome home! This move-in ready, beautifully updated Eagle River charmer boasts an open kitchen w/ SS appliances, 2 beverage fridges, & hardwood floors. You'll love the 2 master suites, multiple living spaces, the heated bathroom floors, the cozy wood stoves, & the gorgeous countertops throughout. The full-house generator is hooked up & ready to go as well as the 220V EV charger in the garage. Outside on the 750 sq ft deck you'll find a natural gas Weber grill plumbed in plus hot tub wiring for a future spa. The mountain views are truly astonishing & are seen from nearly everywhere on the large acre+ lot. The property is fully landscaped & features lilacs, haskaps, & currants. Tons of storage in the multiple sheds plus the wood storage is full with 1-2 years of firewood for the new owner. With direct access to Chugach State Park you are mere steps to trails and waterfalls, plus only 17 minutes to Anchorage. Enjoy privacy, nature, and acreage without the valley commute!
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Range, Oven, Refrigerator
- Interior: Ceiling Fan(s), Carbon Monoxide Detector, Family Room, Fireplace, Pantry, Smoke Detector, Vaulted/Cathedral Ceiling(s), Window Treatment(s), Wood Stove
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Waterfront: Waterfront
- View: Mountain(s)
- Exterior: Private Yard, Deck/Patio, DSL/Cable Available, Fire Service Area, Garage Door Opener, In City Limits, Road Service Area, Shed, Storage, View, RV Parking
- Architectural Style: Split Entry
- Heating: Forced Air, Natural Gas
- Cooling: Ceiling Fan(s), Electric
- List Price: $630,000
- Annual Tax Amount: $3,890
- Tax Year: 2024
- Directions: Take Eagle River Loop Rd exit. R onto E Eagle River Loop Rd, R onto Hiland Rd. Slight L onto River View Dr. Keep L to Waterfall Dr. R on Barbara Falls Dr. Cont. straight to Falling Water Cir.
- Year Built: 1982
- Stories: 1
- Lot Size: 1.15 Acres
- MLS Number: 25-3713
- MLS Name: Alaska Multiple Listing Service
- Office Name: Herrington and Company, LLC
- Office Phone: (907) 263-9333
- Office Email: Lisa@herringtonandcompany.com
The 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: 5/28/2025, 6:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$630,000
21440 Falling Water Cir
$7,481
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $468,600 | $3,890 |
2023 | $449,200 | $7,389 |
2022 | $427,900 | $3,780 |
2021 | $391,600 | $3,389 |
2020 | $400,900 | $2,585 |
2019 | $392,800 | $2,585 |
2018 | $360,900 | $2,585 |
2017 | $366,200 | $1,515 |
History based on county public records data.
Nearby schools
8
Ravenwood Elementary School
Public District PK-6
1.6 mi
•9500 Wren Cir
8
Alpenglow Elementary School
Public District PK-6
1.8 mi
•19201 Driftwood Bay Dr
7
Homestead Elementary School
Public District PK-6
3.0 mi
•18001 Baranoff St
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 $150,765. The majority of Eagle River, AK residents have income between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
Frequently asked questions
Living in Eagle River, AK
Eagle River offers a mix of private and public transportation options, with local bus services providing connections to Anchorage and other areas. The community is also served by a network of roads and highways, including the Glenn Highway, which facilitates commuting and travel to and from Anchorage. While the area is car-dependent, there are trails and paths that are popular among cyclists and pedestrians.
The community benefits from a solid educational system, including several public schools and private institutions that cater to a range of educational needs. Healthcare services are available, with local clinics and access to larger medical centers in nearby Anchorage. The area also features a public library, and a variety of retail and dining options that reflect the local Alaskan culture.
Eagle River is celebrated for its scenic beauty and outdoor recreational opportunities. The community prides itself on a close-knit atmosphere where nature and suburban living converge. Local events, such as the Bear Paw Festival, highlight the town's cultural identity and provide residents with a sense of community pride.
Eagle River's housing market is diverse, offering a range of options from spacious single-family homes to more compact townhouses and condos. The architectural styles reflect a blend of rustic charm and modern amenities, with many properties featuring views of the surrounding mountains and forests. The area has seen a steady growth in residential development, with a mix of older homes and new constructions.
About 21440 Falling Water Cir
The listing price of 21440 Falling Water Cir property is $630,000.
The property 21440 Falling Water Cir is a house located in Eagle River, Alaska, 99577.
Active Listing: 21440 Falling Water Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 21440 Falling Water Cir are: Ravenwood Elementary School (GreatSchools Rating 8/10), Alpenglow Elementary School (GreatSchools Rating 8/10), Homestead Elementary School (GreatSchools Rating 7/10), Gruening Middle School (GreatSchools Rating 5/10), Mirror Lake Middle School (GreatSchools Rating 6/10), Begich Middle School (GreatSchools Rating 2/10), Eagle River High School (GreatSchools Rating 7/10), Distance Learning/Correspondence Center (GreatSchools Rating 6/10), Chugiak High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,890 (source: MLS/based on county public records data).
The property at 21440 Falling Water Cir has 4 bedrooms and 3 bathrooms.
The year of construction for 21440 Falling Water Cir is 1982.
This home is located at 21440 Falling Water Cir in Eagle River, AK and zip code 99577. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $630,000.
In April 2025 in Eagle River, AK there were 2.9% more homes for sale than in March. Listings spent 42 days on the market in April 2025, and had a median list price of $459,430 during the same period.