Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    L6 Panoramic Circle Anchorage, AK 99516

    View on Map
    Claim this Listing
    For Sale
    $265,000

    LAND - Anchorage, AK

    Lot size:
    1.43 Acres
    Added:
    Sep 3, 2025
    Days on Market:
    236
    Last Refresh:
    Apr 26 at 9:06 am

    Property Features for L6 Panoramic Circle

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R6 - Suburban Residential
    Standard status
    Active
    APN
    02028216000
    Lot size
    1.43 Acres

    Taxes and HOA fees

    Tax Description
    Panoramic Ridge L6

    We can help!

    Listing Contact
    Connie Yoshimura

    Listing agent Connie Yoshimura License #4562

    Listing office Berkshire Hathaway HomeServices Alaska Realty 561 E 36th Ave Ste 200, Anchorage, AK

    Listing date Sep 3, 2025

    MLS# 25-11399 Listing URL

    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.

    Overview

    Anchorage Homesite with Mountain Views

    This 1.43-acre homesite is located on a privately maintained cul-de-sac high above Anchorage. The property backs to open space, offering views of the mountains and inlet. The location provides access to the Potter Highlands Walking Trail.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.667
    Latitude
    61.0811

    Nearby Similar for Sale

    • $450,000
      1,486 SF

      Historical Cabins in Midtown Anchorage

      Two log cabins ideal for office use in midtown Anchorage.
      213 W Fireweed Lane, Anchorage, AK 99503
      View Details
    • $949,000
      5,274 SF

      Anchorage Multifamily Property with Large Lot

      Southside Anchorage multifamily property with potential for Airbnb.
      12636 Silver Fox Lane, Anchorage, AK 99515
      View Details
    • $2,300,000
      12,200 SF

      Anchorage Mixed-Use Commercial Properties

      Three adjacent commercial properties totaling 30,544 SF in Anchorage, AK.
      123 E Fireweed Lane, Anchorage, AK 99503
      View Details
    • $2,300,000
      12,200 SF

      Anchorage Commercial Properties For Sale

      Three adjacent commercial properties totaling 30,544 SF in Anchorage, AK.
      123 E Fireweed Lane, Anchorage, AK 99503
      View Details
    • $599,999
      2,720 SF

      Anchorage Townhouse Style Duplex

      South Anchorage duplex with strong rental income potential.
      8941 Woodstock Circle, Anchorage, AK 99502
      View Details
    • $1,500,000
      22,186 SF

      Anchorage Warehouse with Existing Lease

      Anchorage warehouse for sale with existing tenant and income.
      1716 POST ROAD, Anchorage, AK 99501
      View Details
    • $4,300,000
      30,240 SF

      Anchorage Midtown Office Building For Sale

      Three-story office building with basement storage in midtown Anchorage.
      3940 Arctic Boulevard, Anchorage, AK 99503
      View Details
    • $646,000

      Anchorage Land with Mountain Views

      21.89-acre property with utilities and mountain views in Anchorage.
      TR A9 Potter Valley Road, Anchorage, AK 99516
      View Details
    • $559,000
      4,200 SF

      Anchorage Multifamily Investment Opportunity

      Four 2BR/1BA units near military base, shopping, and schools.
      4417 San Roberto Avenue, Anchorage, AK 99508
      View Details
    • $289,500

      Residential Land in Shangri-La

      2.43 acre homesite with city and mountain views.
      L22 Lost Horizon Drive, Anchorage, AK 99516
      View Details
    • $229,500

      Residential Land in South Park

      Residential land ready for construction in Anchorage, Alaska.
      16037 Terracewood Lane, Anchorage, AK 99516
      View Details
    • $1,700,000

      Anchorage Condo with Upgrades

      Condo featuring 3 bedrooms, 3 baths, and upgraded kitchen.
      4011 E Turnagain Boulevard, Anchorage, AK 99503
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Exclusive Anchorage homesite with mountain and inlet views.
    Where is this residential land & home lot located?
    The property is located at L6 Panoramic Circle Anchorage, AK.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: Exclusive homesite on a privately maintained cul‑de‑sac.; Backs to open space with PEACEFUL mountain and inlet views.; Ideal location for a custom‑built home.
    (907) 646-3670
    We can help!
    Listing Contact
    Connie Yoshimura
    Real Estate License ID: 4562
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!