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Residential Land in Shangri-La
For Sale
$289,500

L22 Lost Horizon Drive, Anchorage, AK 99516

Land, Anchorage, AK

Property SizeContact for details
Lot Size2.47 Acres
Days on Market154

Property Features for L22 Lost Horizon Drive

General Information

Property type Land
Property subtype Other
Zoning R10 - Residential Alpine/
View City, Mountains
Elementary school Bear Valley
Middle school Goldenview
High school South Anchorage
Directions Head south on Seward Hwy, exit right to Old Seward Hwy, then left. Turn right on Golden View Dr, left on E 162nd Ave, right on Sandpiper Dr, right on Lost Horizon Dr. Homesite on left at end of road.
Subdivision 1A - Anchorage Municipality
Standard status Active
APN 0200434000001
Lot size 2.47 Acres

Taxes and HOA fees

Tax Description Shangri-La L22
Legal Description Shangri-La L22
Listing Agency: Berkshire Hathaway HomeServices Alaska Realty
Listed By: Connie Yoshimura · License #4562
Added: Apr 10 Changed: Aug 19 Last Checked: Sep 10 at 3:06AM
MLS# 26-3754

Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2.43-acre homesite is located in the Shangri-La neighborhood. It offers a cleared area approximately 150 feet from the front of the property. Mature trees provide privacy. The property provides panoramic city and mountain views. Paved road access is available. Electric and natural gas are on site. The location is within 25 minutes of downtown. The zoning is R10 - Residential Alpine/.

Key Highlights

  • 2.43 acre homesite in the sought‑after Shangri‑La neighborhood.
  • Enjoy panoramic city and mountain views.
  • Electric and natural gas on site.

Property Analytics

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Current Use

Residential land & home ...

Location Intelligence

Demographics for 99516, AK

21,786
Population
7,544
Households
2.9
Avg Household Size
42
Median Age
56%
College-Educated
97%
High-School Grad
43.9 sq mi
ZIP Area
496
Density / Sq Mi
$160,341
Median Household Income
$70,998
Median Earnings
$1,284
Median Rent
$576,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - 2.43 acre homesite with city and mountain views.
Where is this land located?
The property is located at L22 Lost Horizon Drive Anchorage, AK.
What is the asking price?
The asking price for this property is $289,500.
What are key features of this property?
This property features: 2.43 acre homesite in the sought‑after Shangri‑La neighborhood.; Enjoy panoramic city and mountain views.; Electric and natural gas on site.
More about this property
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