Glacier City Real Estate News 3rd Quarter 2021

Glacier City Real Estate News Fifty third edition, July 20 Ort\ rd 3

Quarter Property Sales Report Girdwood / Turnagain Arm July 1- September 30, 2021

Six homes, one condo and two vacant land sales took place in the Girdwood area July 1st through September 30, 2021.

It also features a large double car garage.

Fun fact, when we previewed this property and looked in the crawl space, we discovered an extensive wine collection.

Wondering if the seller or buyer would end up with that? It sold for sale by owner and the buyer represented themselves in the purchase.

4897 Crow Creek Road is located in the Raven Estates, a very popular close-knit community on the top of crow creek road.

This subdivision does not have utilities to the area. This parcel is home to two small cabins as well as raised bed gardens and more. The fact that it sold so quickly is yet another indicator that it was well priced, and that demand is high for more 235 Saint Johan Loop This property affordable housing in Girdwood. gets great sunlight comparative to many Saint Johan Loop homes; most lots are 191 Gold Claim Drive This amazing heavily treed and are in the shadow of home owned and built by longtime locals Max’s Mountain fall through the spring. and designed by Z architects is an It has a nicely covered timber frame amazing off grid property featuring solar, entry and deck with views. Inside you wind and generator power. The house find a tiled entry, living room and gas itself is nestled behind a protective knoll fireplace with a small dinette space and and is designed to be able to withstand the kitchen adjacent the living room. Both wind blast that can occur in the event of the master bedroom and a loft open the an avalanche. The knoll deflects the snow area up upstairs. There is a vaulted ceiling around the property. Truly an amazing with tongue and groove finishes. The and beautiful home with a large family floor plan is a bit unusual, yet it received room on the top floor, it’s perfect for a total of eight offers. Glacier City was someone who is capable and comfortable the listing office. To note this property maintaining various mechanical systems in the property. It includes a detached had a much-coveted garage. shop garage as well as a large RV storage 324 Davos Road The “salmon cabin” is bay built to withstand the snow load. a familiar sight in Girdwood. With distinctive salmon cut outs in the 143 Alpina Way This nicely appointed handrails and decorative soffits above duplex features a common arctic entryway the windows. This “as is” estate sale downstairs and a two-bedroom rental unit. attracted a lot of attention. The property The upstairs floorplan is open with modern is vintage with ceramic counter tops and finishes and a nicely appointed kitchen with a built-in subzero refrigerator. The breakfast bar. This home also comes with a upstairs master bedroom and bathroom storage shed and ample parking. 8 Main Street90 are ginormous.

Homes - 235 Alpina Way The small cabin features hardwood floors and natural wood finishes throughout. The kitchen and the bathroom have been remodeled in the last several years. The cabin also has a nice open living room and kitchen area.

Property Address Girdwood AK

Last Active List Price

Days on Market

Bed/Bath

Res /Lot Sq foot

235 Alpina way

$485,000

3

2 / 1.5

992 / 15,133

235 Saint Johan Loop

$550,000

4

2 / 1.75

1,364 / 13,658

342 Davos Road

$595,000

12

2/2

2,031 / 9,526

4987 Crow Creek Road

$260,000

12

3/0

1,283 / 50,431

191 Gold Claim Drive

$649,500

260

4 / 2.5

2,784 / 41,382

143 Alpina Way

$735,000

3

5/3

2,663 / 16,222

282 Crystal Mountain Road #104 Alyeska L11 B1

$285,000

3

0/1

520 / Condo

$279,000

2

0 / 12,270

Indian L18 T10NR1WS15

$100,000

78

Vacant land Vacant land

0 / 112,385

235 Alpina Way

235 Saint Johann Loop

342 Davos Road

4897 Crow Creek Road This link is valid until 10/29/2021.

191 Gold Claim Drive

143 Alpina Way

282 Crystal Mountain Road

Glacier City Realty, Inc. • 907-738-1910 ½Info@GlacierCityRealty.com

Sam Daniel, Broker 907-227-4626½Rebecca Reichlin, Associate Broker 907-441-8125½Loretta Ortiz-Daniel, Realtor 907-227-4142½ Jackie Collins, Realtor 907-947-0494½Angela Carswell, Realtor 907-231-6137

r 90

Girdwood

7-441-8125 | Jackie Collins, Realtor 907-947-0494 | Ang

PO Box 550 Girdwood, AK 99587

2014

Glacier City Realty - Honesty and Integrity in everything we do These six homes sold for an average of 106% of their original list price after an average of 49 days on market. Note: Only one home was on market for more than 12 days

Condos – 282 Crystal Mountain Road #104 (Alaska South- Brighton Condos) This nicely remodeled one bedroom unit is located in a condo association known for its sense of community. There are several families with children in the building (both second homes and primary) so you get the feel that there is a “neighborhood” here. Same goes in the Olympic condos (These two condo buildings are known as Alyeska South).

Vacant Land- Alyeska Hwy Lot 11 Blk 1 Located just two blocks from Arlberg Avenue (just below the base to the resort) this lot is considered within walking distance to Alyeska Resort. One of the advantages to this type of lot is not having to drive gravel roads to the mountain as well as having municipal sewer and water.

listing service. I am not sure how many sold Looking ahead at the last quarter of privately. My gut is telling me far less than 2021. The stage is set for another great snow we saw in the late fall and winter for 20-21. year, the Nordic Spa at Alyeska continues to move forward towards completion, and My mantra for the last decade or so is that both full time and second home buyers are the market is driven by scarcity. The eager to purchase property. available inventory for sale has gone from a rivulet to a trickle and is now looking more I do not expect to see an increased level of inventory this fall and winter, just the slow like a slow drip. drip I referenced earlier.

When Glacier City has been fortunate enough to list properties for sale, we are Even with the successful bid by Alyeska seeing multiple offers with major Resort on the Heritage land Bank sale in concessions and properties selling in many Girdwood Valley, it will be at least a few instances for at least 10-15% over list price. years before any of that new housing stock becomes available for purchase.

For those that are considering selling it’s my professional opinion that their best results Interest rates will rise at some point will occur when the property is available to (probably in the spring) and that will all interested. In every instance in the last dampen the breakneck speed of property three to five years the market determines appreciation in Girdwood to some extent. value and there is consistently at least two offers in a multiple offer situation that “top This market is one in which buyers need to out” at a comparable sales price, thus use seasoned professionals that know determining what the real value of property Girdwood, be prequalified and prepare for a multiple offer situation. is in Girdwood Valley.

This isn’t something that can be readily The good news in all of this is that most determined beforehand. It takes a skilled, everyone who desires to own property in experienced professional to provide this Girdwood loves the valley for the same Mile 100 of the Seward Hwy This is the service. reasons as those of us who came before Indian lot that can be seen from the them. That includes second homeowner highway. It is large at 2.58 acres and has at At Glacier City we do not assist both the folks. If you are curious what your home least a portion that is considered wetlands. buyer and seller in a “neutral” capacity. My will fetch in today’s market invite me over It’s zoned mixed residential commercial so allegiance when listing is just to the seller. for coffee and a walk through. We don’t lots of possibilities for this lot.

We are able to do this because we have five charge for the service, and I love visiting licensees in our brokerage. So, our buyers with home/condo owners and talking about Broker Summary – What can I say, not can be represented by a different skilled the market. You can reach me at 907-227many properties changed hands in the third Realtor within the brokerage.

4626 or at Samdaniel@glacercityrealty.com quarter of the year through the multiple

Our Glacier City Realtor Team , Alaska MLS, Inc. does not guarantee the accuracy of the information contained herein.

Sam Daniel Broker ABR, CRS, GRI, SRES 907-227-4626

Rebecca Reichlin Associate Broker NAR, GRI, SRES 907-441-8125

Loretta Ortiz-Daniel Realtor 907-227-4142

Jacqueline Collins Realtor, Nightly Rental Manger 907-947-0494

Angela M Carswell Realtor, Data Specialist 907-231-6137

Emily Lewis New to the brokerage!

907-382-0118

The sales report is based on the Alaska MLS, Inc. for 7/1/2021 -9/30/21 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. 2021and no portion may be reproduced, redistributed, or retransmitted without the expressed consent of o Alaska MLS, Inc. Further, by Alaska MLS, Inc. doesn’t guarantee the accuracy of the information contained herein