$650,000

21440 Falling Water Cir Eagle River, AK 99577

$7,719
Closing credit¹
4 beds
1 full
1.1 acres
House

Property details

About 21440 Falling Water Cir

Charming Alaskan home located in a quiet, well-maintained neighborhood of Eagle River. Nestled on just over an acre & bordering Chugach State Park, this property blends comfort, modern upgrades, & direct access to year-round outdoor adventure. The open-concept kitchen, dining, & living area feature SS appliances, corian countertops, & two built-in beverage refrigerators—perfect for entertaining. The spacious dining area includes built-in cabinetry, floating shelves, and room for a ten-person table. Hardwood bamboo and hickory flooring runs throughout the upstairs communal spaces and bedrooms, with durable tile in the bathrooms. Step outside to a stunning 750-square-foot deck with views of Mile High Trailhead and Blacktail Rocks. The deck is reinforced and wired for a hot tub, with natural gas plumbing ready for a grill. The beautifully landscaped yard includes lilacs, haskaps (honeyberries), and black currants, creating a tranquil outdoor retreat. Just a mile away, enjoy salmon fishing at the confluence of the North and South Forks of the Eagle River. In the fall, the surrounding area is rich with wild berriescurrants, cranberries, blueberries, and crowberriesall within walking distance. For outdoor lovers, the Southfork Valley Trailhead is just a 10-minute drive, while Barbara Falls and the South Fork Trailhead are a short walk through the neighborhood. Winter brings excellent fat tire biking and snowshoeing right from your backyard, with access to Briggs Bridge Trail when the river freezes. Inside, the home features two master bedrooms with ensuite bathroomsone on each level. The primary master includes his-and-her closets and a luxurious bath with heated floors, a towel warmer, dual sinks, a fully tiled double shower, and floor-to-ceiling glass. All bathrooms are tastefully remodeled with granite countertops, custom cabinetry, and modern tile work. The downstairs family room offers a cozy wood-burning fireplace, a studio nook with a live-edge desk, and handcrafted barn doors that provide easy access to utilities. There's ample storage space for all your Alaskan needs. Additional features include a full-size two-car garage with 220-amp service, two exterior sheds, under-stair storage, and a double-bay wood storage area. A hard-wired full-house generator provides peace of mind during power outagesrestoring electricity within seconds. Roads are city-maintained for reliable winter access. Just 17 miles from Providence Hospital (about 25 minutes) and 10 miles to JBER (around 17 minutes), this home offers the perfect balance of natural beauty, convenience, and comfort.

Highlights

Home typeResidential
StatusActive
CoolingCeiling Fan(s), Electric
Lot size1.15 Acres
Year built1982
MLS #25-3713
Garage2 spaces
WaterfrontWaterfront
ViewMountain(s)

Summary

  • 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

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: 4/18/2025, 12:20:50 AM 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

rustic home featuring entry steps and a wooden deck

$650,000

21440 Falling Water Cir

$7,719

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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $150,765. Most Eagle River, AK residents have annual incomes between $100k-200k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

5%
<35k
17%
35k-100k
46%
100k-200k
32%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

19%
Single, No Kids
4%
Single, with Kids
41%
Married, No Kids
36%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
53%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • SoccerSoccer
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • StarbucksStarbucks

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • BMWBMW

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Eagle River, AK

About 21440 Falling Water Cir

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 $650,000.

Between February and March 2025, Eagle River, AK real estate market has seen increase in the number of listings by 30.6%. The median list price of listings available in March 2025 was $449,600, while the average time on the real estate market was 51 days.

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

More resources