10101 Prospect Drive, Anchorage, AK 99516

$899,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,255 Lot Size (sq. ft.): 45,080 Status: Active
Current Price: $899,000 Last Modified: 7/06/2026

Description

Set on 1.03 acres in the Upper O'Malley/Prospect area, this 4-bedroom, 2.5-bath hillside home offers 3,255 sq. ft., city and Sleeping Lady views, an updated kitchen, open living spaces, vaulted ceilings, hardwood floors, large deck, 2-car garage, and a spacious primary suite. A strong Anchorage hillside property with privacy, space, and everyday functionality.

Supplements: Hillside home with the space, privacy, and views buyers are looking for in South Anchorage. The home sits on just over an acre in the Upper O'Malley/Prospect area and offers 4 bedrooms, 2.5 bathrooms, 3,255 square feet, and a 2-car garage. The main level has an open layout with vaulted ceilings, hardwood floors, and large windows that bring in natural light and views toward the city and Sleeping Lady. The living, dining, and kitchen areas connect well, making the home functional for everyday living while still having enough room to entertain. The kitchen has been updated with modern cabinets, stainless appliances, a large island, gas cooktop, vent hood, tile backsplash, and plenty of counter space. It is one of the stronger parts of the home and gives the main living area a clean, updated feel. The primary bedroom located on the top floor is spacious with vaulted ceilings, large windows, and room for a full furniture setup. Three bedrooms and a full bathroom sits on the ground level floor, with a large 4th bedroom perfect for that family member with mobility issues or generational living. The primary bathroom has a unique setup with a jetted tub, tile surround, fireplace, and a more open spa-style feel. It gives the home some character and is different from what you typically see in this price range. Outside, the property has a newer large deck, wooded surroundings, and a private hillside setting. The lot gives you room to spread out without being far from town. You are close to O'Malley, Hillside, schools, trail access, shopping, and South Anchorage amenities. There is tons of parking for those Alaskan toys. Septic Tank is new in 2023. New Boiler system installed June 2026.

More Information MLS# 26-8240

Location Legal and School Info

Area: 30 - Abbott Rd - Dearmoun Rd Street #: 10101 Street Name: Prospect Arterial: Drive Closest USPS Town: Anchorage State: AK Zip Code: 99516

Contract Info

Price-List: 899000 Date-Listing: 2026-07-06 Status: Active Foreclosure/Bank Own: No

Property Info

Realtor.com Type: Residential - Single Family Property Attached/Common Walls: No Construction Status: Existing Structure Beds: 4 Bathrooms Half: 1 Bathrooms Full: 2 Bathrooms Total: 3 SF-Res: 3255 Year Built: 1974 Garage Spaces: 2 SF-Lot: 45080 Lot Area Source: Tax Authority Acres: 1.03 Zoning: R9 - Rural Residential

Remarks and Directions

Directions: From Seward Hwy, take O'Malley Rd east. Turn left on Hillside Dr, right on Upper O'Malley Rd, then left on Prospect Dr. Home is on the right.

Mortgage Info

EM Minimum Deposit: 9000

Property Features

Residential Type: Single Family Res Foundation Type: Block; Slab Garage Type: Attached Carport Type: None Heating: Baseboard; Natural Gas Sewer Type: Septic Tank Water Source: Well Wtrfrnt-Frontage: Creek Wtrfrnt-Access Near: Creek To Show: ShowingTime Listing Terms Financing: AHFC; Cash; Conventional; VA Loan
Listing Office: Real Broker B Street
Last Updated: July - 06 - 2026
10101 Prospect Drive, Anchorage, AK 99516- MLS# 26-8240
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 the site owner are marked with 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. Site contains live data.