7 hours on Rocket
$6,175 Closing Credit¹
#25-6476, Listing Office: Alaska Statewide Realty Co
$450,000 List price
7101 Omalley Rd Anchorage, AK 99507
$5,344
Closing credit¹
4 beds
1 full, 1 partial
0.6 acres
House
Property details
About 7101 Omalley Rd
Opportunities like this don't hit the market often. This 2,950 sq ft mid-century home in coveted South Anchorage has been in the same family since it was built in 1966—and it's ready for its next chapter. Never updated, this property is a true blank slate for a full renovation or creative reimagining. Set on a generously sized lot (rare for the area!) and located in a high-demand neighborhood with amazing southern exposure, this home is surrounded by well-maintained properties and offers serious upside potential for resale, rental, or redevelopment. Key features include: massive square footage and flexible floor plan, unique atrium space perfect for a dramatic design element, two separate living spaces: ideal for a duplex-style conversion, MIL suite, or high-end gourmet layout, and strong comps in the area after renovation. Whether you're a seasoned investor looking for your next project or a buyer with a vision, this is your chance to create serious value in one of Anchorage's most desirable locations. Bring your ideas, your contractor, and your imagination this South Anchorage classic is ready for transformation. Check the docs for foundation issues. New septic is designed, but buyer will need to finish. Property is an estate sale and sold As-is.
Highlights
Home typeResidential
HeatingBaseboard, Natural Gas
StatusActive
Lot size0.63 Acres
Year built1966
MLS #25-6343
Garage2 spaces
WaterfrontWaterfront
ViewMountain(s)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Gas Cooktop, Microwave, Range, Oven, Refrigerator
- Flooring Type: Laminate, Linoleum, Carpet
- Interior: Family Room, Fireplace, Window Treatment(s), In-Law Floorplan, Laminate Counters
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Waterfront: Waterfront
- View: Mountain(s)
- Exterior: Poultry Allowed, Private Yard, Garage Door Opener, In City Limits, Road Service Area, Shed, Storage, Sun Room, View
- Architectural Style: Tri-Level
- Heating: Baseboard, Natural Gas
- List Price: $450,000
- Annual Tax Amount: $3,901
- Tax Year: 2024
- Directions: Head South on Seward Highway, Exit onto O'Malley Rd, turn L on O'Malley Rd heading east, stay on road for approx 4.5 miles, house on Left.
- Year Built: 1966
- Stories: 2
- Lot Size: 0.63 Acres
- MLS Number: 25-6343
- MLS Name: Alaska Multiple Listing Service
- Office Name: Real Broker Wasilla
- Office Phone: (907) 360-7448
- Office Email: james@herorealtygroup.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: 5/31/2025, 12:50:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
7101 Omalley Rd
$5,344
closing credit¹
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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 | $512,200 | $3,901 |
| 2023 | $471,700 | $6,674 |
| 2022 | $459,500 | $3,710 |
| 2021 | $442,900 | $3,757 |
| 2020 | $433,700 | $2,574 |
| 2019 | $428,300 | $2,574 |
| 2018 | $387,400 | $2,574 |
| 2017 | $399,200 | $3,080 |
History based on county public records data.
Nearby schools
9
O'Malley Elementary School
Public District PK-6
0.7 mi
•11100 Rockridge Dr
8
Trailside Elementary School
Public District PK-6
1.7 mi
•5151 Abbott Rd
9
Huffman Elementary School
Public District PK-6
2.1 mi
•12000 Lorraine 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 $158,224. Most Anchorage, AK residents have annual incomes $200k+. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
0%
<35k
25%
35k-100k
37%
100k-200k
38%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
15%
Single, No Kids
3%
Single, with Kids
50%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
11%
18-34 yrs old
54%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Buick
What do the neighbors listen to?
Adult Hits
Oldies
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7101 Omalley Rd
The listing price of 7101 Omalley Rd property is $450,000.
The property 7101 Omalley Rd is a house located in Anchorage, Alaska, 99507.
Active Listing: 7101 Omalley Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7101 Omalley Rd are: O'Malley Elementary School (GreatSchools Rating 9/10), Trailside Elementary School (GreatSchools Rating 8/10), Huffman Elementary School (GreatSchools Rating 9/10), Hanshew Middle School (GreatSchools Rating 3/10), Goldenview Middle School (GreatSchools Rating 5/10), Northern Lights Abc K-8 School (GreatSchools Rating 9/10), Service High School (GreatSchools Rating 6/10), South High School (GreatSchools Rating 7/10), Focus Homeschool (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $3,901 (source: MLS/based on county public records data).
The property at 7101 Omalley Rd has 4 bedrooms and 1 full and 1 half bathrooms.
The year of construction for 7101 Omalley Rd is 1966.
This home is located at 7101 Omalley Rd in Anchorage, AK and zip code 99507 in the Mid-Hillside neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $450,000.
The number of listings in Anchorage, AK increased by 3.3% between March and April 2025. In April 2025 median list price was $399,986 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.