This quirky home just slashed $100,000 off its price – But is it really worth $1.5 million?

October 6, 2023 by No Comments

Recently, this Anchorage property just cut its asking price by $100,000. This is a sizeable amount but it is still priced at $1,500,000 on Zillow. Perhaps its price is steep due to its location. It is situated on Emerald Street and sits on the river. In other words, if living among nature is your thing, then it doesn’t get much better than this. Aside from its location, it also has ample space. In total, it has 3,244 sqft of space which is spread across 4 bedrooms and 5 bathrooms. In short, you could easily house a large family in this place.

Another quirk of this property is its design. Built in 1981, you will either love or hate this house. For starters, it is very unique. Here, it has a walkway that connects two separate parts of the property. It also has a concrete courtyard which is either ugly or stylish, depending on your view of things.

Image//Zillow

Other features include a detached guest suite, boat dock, large garage, and sizeable rooms. Even the interior is unusual, with lots of black walls, animal trophies, and plenty of lakeside views. It’s fair to say that its previous owner certainly has a very specific taste.

Image//Zillow

Even if you did want to completely renovate this property and change its style then this would easily be doable. In fact, this property could also make for an excellent investment opportunity. This is because previous Zillow estimates claim the house was valued at below $1 million just 3 years ago.

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