Glacier City Real Estate News 3rd Quarter 2020

Glacier City Real Estate News

Fiftieth Edition, October 2020

3rd Quarter 2020 Property Sales Report Girdwood / Turnagain Arm July 1 - September 30, 2020

!Broker’s Report 3rd Quarter 2020

Eleven homes, five condos and two vacant lots sold in the Girdwood area from July 1st through September 30th, 2020.

Homes - 333 Donner Drive is a smaller cabin that experienced a fire several years ago. The property has been tastefully remodeled and updated since that time including new exterior siding and a more open floor plan.

Priced just below $350,000, small cabins such as this are popular with families looking for a second home in Girdwood. 225 Sproat Road is located “down valley” on the sunny side of the Mine Roads area. This home features an open entryway on the ground floor, ample storage and a lot complete with lawn! Imagine that.

As is often the case, this home sold to a full time Girdwood family. 183 Crow Creek Road is located before the Double Musky and where public sewer service terminates. It has a nicely remodeled master bath and open floor plan on the first floor with all

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Property Address Girdwood, AK

bedrooms on the second level. The homes including an open kitchen/ views, raised bed gardens, fire pit and living room area, granite counter tops, exterior hot tub make this a great vaulted tongue and groove ceilings and Alyeska alpine type ski home. 213 views of Mt. Alyeska. Add to this in Main Street is located in Old floor radiant heat, an oversized two car Girdwood (behind the Tesoro Station garage and wrap around covered decks Mall) and is almost new construction and it’s no wonder these homes sell with nicer finishes, open arctic entry well. 345 Donner Street is an area, a covered deck, ample parking architecturally designed modern home and close proximity to the Gird to with clean lines and a Scandinavian Bird bike trail. Top that off with a two spartan feel. It has a large family room car garage and you have many of the elements homeowners look for in new construction. 121 Sproat Road is a gorgeous down valley property on a large lot with loads of features including an open floor plan 333 Donner Drive 225 Sproat Road and gourmet kitchen with a pantry, granite counter tops and high end appliances. There is a study/office on the main level and the master bedroom suite is large and well appointed.

213 Main Street Exterior features include both 183 Crow Creek Rd. covered and open decks, a lawn, greenhouse and double car detached garage. 252 Alpina Way continues the trend of Cabana Land sales. Buyers love the characteristics of these 121 Sproat Road 252 Alpina Way

Last Active List Price

Days on Market

Bed / Bath

Lot / Res SF

333 Donner Drive

$349,000

4

1 / 1.75

9,165 / 949

225 Sproat Road

$469,500

22

3/2

9,266 / 1,800

183 Crow Creek Road

$540,000

30

3/2

13,341 / 1,903

213 Main Street

$525,000

2

3/2

10,800 / 1,419

121 Sproat Road

$650,000

0

3 / 2.5

19,576 / 2,108

252 Alpina Way

$749,000

13

3 / 2.5

12,194 / 2,140

345 Donner Drive

$689,500

3

3/3

9,279 / 2,500

154 Lake Tahoe Drive

$625,000

1

4 / 2.75

15,924 / 3,007

105 Fernie Loop

$650,000

87

4/4

10,399 / 2,548

138 Brenner Circle

$719,000

51

4/4

13,513 / 3,437

267 Donner Drive

$705,000

0

5 / 3.75

9,953 / 3,922

366 Crystal Mountain Rd., #411

$227,000

0

2/1

Condo / 840

282 Crystal Mountain Rd., #106

$230,000

4

0/1

Condo / 520

340 Hightower Road, #A-306

$379,500

4

2/2

Condo / 1,081

350 Hightower Road, #C-303

$369,500

1

2/2

Condo / 990

314 Crystal Mountain Rd., #308

$385,000

11

1/1

Condo / 887

L6 B28 Saint Moritz Drive

$249,000

7

Vacant Land

16,305 / 0

L3 El Rocko Lane, Bird Creek

$105,000

372

Vacant Land

33,995 / 0

345 Donner Drive

154 Lake Tahoe Road

105 Fernie Loop

138 Brenner Circle

267 Donner Drive

366 Crystal Mtn #411

282 Crystal Mtn #106

340 Hightower A-306

350 Hightower C-303

314 Crystal Mtn #308

Glacier City Realty, Inc. 907-783-1910 | info@glaciercityrealty.com

Sam Daniel, Broker 907-227-4626 | Loretta Daniel, Realtor 907-227-4142 Rebecca Reichlin, Associate Broker 907-441-8125 | Jackie Collins, Realtor 907-947-0494

PO Box 550 Girdwood, AK 99587

Girdwood school addition !

September 2014

Glacier City Realty - Honesty and Integrity in everything we do downstairs, audio/video room and built in sauna. The quality of craftsmanship is among the highest I have ever seen in Girdwood! 154 L a k e Ta h o e C i r c l e ’ s m o s t remarkable feature is the sweeping open stair case to the second floor that opens to an atrium with bountiful natural light. The garage has been converted to living space.

Although not all of the finishes are high end, the vinyl planking, family room and privacy make it very appealing. 105 Fernie Loop is a Spinell new construction home that was entered for stats only. Very little data is available through MLS to share. 138 Brenner Circle aka The Glass Haus is, in my opinion, the most artistic of homes in Girdwood.

It is filled with custom designed stained glass inside and out by the artist/builder, Marcus Tingle. This home features a complete studio apartment on the first level, with access to a gorgeous hot tub gazebo, garden and lawn area. Inside you will find an amazing master suite, tons of built in storage and attached two car garage. This home shows pride of ownership with many improvements and was maintained to a very high standard. 267 Donner Drive is another amazing home built originally as a nightly rental. In addition to being very large, it has two media rooms, a family room and expansive private decks backing onto Alyeska Creek. The open kitchen & living room area is made for entertaining. It is well designed with tall ceilings, lots of natural light and two exterior carports as well as a double car garage. These 11 homes sold for an average of 99% of their last active list price with an average of 19 days on market. *7 of these homes sold for over 100% of their

list price and 5 sold in less than 3 days.

!C o n d o

Sales - 366 Cr ystal Mountain Road #411 (Alyeska North) is located just below Chair 3.

This is a stats only listing with very little information available to share.

282 Crystal Mountain Road #106 (Alyeska South Brighton) is a ground floor studio condo that has been nicely updated with new granite counter tops, remodeled bathroom and a gas fireplace. 340 Hightower Road #A-306 & 350 Hightower Road #C-303 (Snow Raven) are both located near downtown Girdwood between the post office and the school. These two units share the fact that they are both top floor units. This association features tuck under heated common area garages, in floor radiant heat, private master baths and decks suitable for hot tubs. 314 Crystal Mountain Road #308 (Timberline) is a sale in which a FSBO Seller had a licensed real estate professional bring them a buyer. This association is popular due to location, common area hot tub and sauna, and typically being a fairly quiet building. These 5 condos sold for an average of 100% of their last active list price after an average of 4 days on market.

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Vacant Land - Lot 6 Block 28 Saint Moritz Drive is a nicely treed residential lot located on the Alyeska Basin side of the valley. This location features nice views with all utilities nearby including public water and sewer. Lot 3 El Rocko Lane was the last lot of the Pitzer subdivision in Bird Creek to sell. Smaller than most lots in Indian, it has already been cleared and will make a nice home site for the Buyer who will need to do some landscaping and

tree planting when construction is complete. There are no stats on vacant land due to the low number of sales.

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Broker Summary - Girdwood experienced record sales of residential properties this quarter!

Homes that have been updated and remodeled or are exceptionally well built fetch a premium. In a typical summer season many Girdwood buyers are so busy with their summer outdoor activities that we do not see the market so robust and fast moving! As buyers consider their future and look for places to socially isolate or spend time within their family/friend bubble, Girdwood at Mount Alyeska is a logical destination for those that love the outdoors and great food. Alyeska Resort continues construction of the Nordic Spa facility and plans to have the mountain open when snow permits. Interest rates are hovering slightly less than 3%, helping to drive sales. At Glacier City Realty, Inc. we are particularly adept at assisting Sellers in finding the sweet spot to list at in order to attract multiple offers, as well as guiding Buyers in structuring successful offers. We attend all of our Buyers home inspections, do not act in a neutral capacity assisting both Buyers and Sellers in the same transaction and we know the market, the area and the properties. Give me a call if you are looking to buy or sell.

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Sam Daniel, Broker 907-227-4626 samdaniel@glaciercityrealty.com

This sales report is based on information from Alaska MLS, Inc. for 7/1/2020 - 9/30/2020 but not compiled or published by Alaska MLS, Inc. Data maintained by Alaska MLS, Inc. may not reflect all real estate activity. The information used in this publication is copyrighted by Alaska MLS, Inc. 2020 and no portion may be reproduced, redistributed, or retransmitted without the express permission of Alaska MLS, Inc. Further, Alaska MLS, Inc. does not guarantee the accuracy of the information contained herein.