Eagle River Homes under $500,000

Welcome to Eagle River, Alaska – a hidden gem nestled just north of Anchorage, where stunning natural beauty meets a vibrant community spirit. Known for its breathtaking mountain vistas, lush forests, and access to outdoor adventures, Eagle River offers a unique blend of rural charm and suburban convenience. With a population of around 25,000 residents, this thriving town is perfect for families, outdoor enthusiasts, and anyone looking to embrace the Alaskan lifestyle.

One of the most appealing aspects of Eagle River is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you can find a variety of options that cater to different tastes and lifestyles. From cozy single-family homes to modern townhouses, there’s something for everyone. Many properties boast stunning views of the Chugach Mountains, spacious yards, and easy access to hiking trails, parks, and recreational facilities.

Living in Eagle River means enjoying a close-knit community with excellent schools, local shops, and dining options. The town hosts various events throughout the year, fostering a sense of belonging among residents. Whether you're looking to explore the scenic Eagle River Nature Center, enjoy a leisurely day at the local parks, or take part in seasonal festivities, there’s always something happening in this vibrant town.

Eagle River is more than just a place to live; it’s a lifestyle filled with adventure, community, and the beauty of Alaska. With homes available under $500,000, now is the perfect time to discover your dream home in this enchanting town. Come experience the magic of Eagle River – where your Alaskan adventure begins!

Newest Eagle River Homes under $500,000

$439,000

3 Beds ⋅ 2 Baths ⋅ 26-13326 MLS

8915 Birch Park Circle, Eagle River

Listing Office Herrington and Company, LLC

$399,900

3 Beds ⋅ 2 Baths ⋅ 26-13244 MLS

Updated single-level ranch with 3 bed, 1.75 bath, plus a bonus room. Spacious kitchen opens to the dining room, and the large fenced backyard is made for summer gatherings. Tucked on a private street with easy access to Anchorage. A quick walk to local stores, preschools, and neighborhood parks. 1-car garage. Move-in ready.

11447 Targhee Loop, Eagle River

Listing Office Herrington and Company, LLC

12339 Vista Ridge Loop Unit #69, Eagle River

$358,500

3 Beds ⋅ 2 Baths ⋅ 26-13185 MLS

Stunning townhouse in cozy downtown Eagle River neighborhood! This home is conveniently located within walking distance to downtown Eagle River, shopping, restaurants, parks, and is a close commute to JBER. Gorgeous views and lots of light make the living room and balcony a perfect place to relax. New carpet throughout the home and tankless heater makes this a great starter home!

12339 Vista Ridge Loop Unit #69, Eagle River

Listing Office Berkshire Hathaway HomeServices Alaska Realty

11811 Galloway Loop Unit #54, Eagle River

$350,000

3 Beds ⋅ 3 Baths ⋅ 26-13179 MLS

Welcome home to this meticulously maintained 3-bedroom, 2.5-bath townhome in the heart of Eagle River! Tucked away in a setting with a cul-de-sac feel, this home offers a wonderful combination of comfort, convenience, and low-maintenance living. Inside, you'll appreciate the luxury vinyl plank (LVP) flooring throughout the entire home--no carpet anywhere! Upstairs you will find a spacious primary suite WITH it's own en-suite laundry. No more trips up and down the stairs. You also have a secondary washer and dryer in the garage, on the first floor. The inviting living area features a cozy gas fireplace. An attached two-car garage provides convenient parking and additional storage. South facing, meaning 365 days of direct sunlight/natural light. Mountain views from the front balcony. Ideally located near local parks, shopping, restaurants, and everyday amenities, with easy access to commuting routes to Anchorage and JBER. Dues include water, sewer, trash, snow and grounds maintenance (including roof maintenance!). Whether you're looking for a comfortable place to call home or a convenient Eagle River location, this well-cared-for property has plenty to offer!

11811 Galloway Loop Unit #54, Eagle River

Listing Office Real Broker - MLSAK.com

$440,000

4 Beds ⋅ 2 Baths ⋅ 26-13075 MLS

Situated on over a quarter-acre lot next to Palos Verdes Park, this well-maintained 4-bedroom, 2-bathroom home offers 2,080 square feet of comfortable living space. Enjoy a fully fenced backyard, a spacious attached garage with room for a full-size truck and workspace, plus additional parking for an RV or extra vehicles. Located in a peaceful neighborhood just minutes from downtown Eagle River's shopping, dining, and amenities, with convenient commuter access. Cash offers only due to the need for a new water heater, with replacement quoted at approximately $6,500. A great opportunity to own a spacious home in a desirable location!

17269 Palos Verdes Court, Eagle River

Listing Office Real Broker B Street

12308 Vista Ridge Loop Unit #84, Eagle River

$380,000

4 Beds ⋅ 2 Baths ⋅ 26-13002 MLS

Spacious 4-bedroom, 2-bath condo in desirable Eagle River! Fresh interior paint throughout provides a clean, updated feel. Enjoy partial mountain views and convenient access to shopping, dining, and local amenities. Ideally located for an easy commute to JBER and downtown Anchorage. A great opportunity to enjoy comfortable Alaskan living!

12308 Vista Ridge Loop Unit #84, Eagle River

Listing Office United Country Real Estate Alaskan Properties

16935 Park Place Street Unit #2, Eagle River

$349,900

3 Beds ⋅ 2 Baths ⋅ 26-12982 MLS

Don't miss this beautiful move-in ready condo in the heart of downtown Eagle River! This warm and inviting home features a huge living room with a stunning rock wood-burning fireplace, soaring tongue-and-groove vaulted ceilings, a wet bar, and a private deck perfect for relaxing.Enjoy the rare luxury of a large in-unit sauna, plus deck access from both the kitchen and primary bedroom. A 22.5 Ft deep spacious 1-car garage and 2 additional covered parking spaces add incredible convenience. With new carpet, fresh interior paint, updated kitchen counters, and all appliances included, this home is ready for you to move right in. Fast commute to JBER and close to everything Eagle River has to offer--schedule your private showing today !!

16935 Park Place Street Unit #2, Eagle River

Listing Office EXP Realty, LLC Anchorage

$450,000

3 Beds ⋅ 2 Baths ⋅ 26-12940 MLS

Welcome to 18724 Price Island Circle in Parkview Terrace, a well-kept 1989 single-family home in one of Eagle River's most convenient residential pockets. This home has 1,650 square feet, three bedrooms, two bathrooms, and an attached garage of roughly 520 square feet, all on a landscaped lot with a nice front and fenced back yard. The street is a quiet cul-de-sac-style setting off Driftwood Bay Drive and Eagle River Loop Road, with full mountain and valley views typical of this neighborhood. The Driftwood Bay area sits in the heart of Eagle River, is about 5 miles north of of JBER making this a practical off-post choice for Military Service Members. Depending on traffic and which gate you use, the Richardson (Fort Rich) and Boniface gates are generally about 7 to 12 minutes away. Everyday errands are close: grocery and retail along the Old Glenn Highway and Business Boulevard, neighborhood parks, and quick access to the Glenn Highway for the commute into Anchorage. Families are served by the Anchorage School District. Nearby homes on Price Island Circle are assigned to Alpenglow Elementary, Gruening Middle School, and Eagle River High School; confirm the current boundary before relying on it. Eagle River's public schools are among the stronger options in the municipality. Eagle River High School posts a graduation rate in the mid-90s, and area elementary options such as Alpenglow, Ravenwood, and Eagle Academy Charter School consistently rank well above statewide averages. The setting is a large part of the appeal. Chugach State Park, the Eagle River Nature Center, and trailheads for Thunder Bird Falls and the South Fork are a short walk/ drive away, with fishing, hiking, skiing, and snowmachining essentially at the edge of town. Neighbors on this street commonly enjoy partial Chugach and valley views from decks and upper levels. Eagle River is widely regarded as one of the more family-friendly parts of the Anchorage municipality, with property-crime rates that run well below both Anchorage and national averages. Niche data for the area show burglary, theft, and vehicle theft notably under national rates, and robbery far below the national figure. As with any Alaska community, buyers should review the latest Anchorage Police Department reports for the specific beat. A practical, established home in a mountain-backed neighborhood, close to schools, trails, town-center amenities, and JBER. Square footage, school assignment, and features should be verified by the listing broker and a buyer's inspection.

18724 Price Island Circle, Eagle River

Listing Office Real Broker Alaska

12590 Old Glenn Highway Unit #B, Eagle River

$365,000

3 Beds ⋅ 2 Baths ⋅ 26-12925 MLS

Sought-after ranch-style floorplan that's very well-maintained. End unit with deck off dining area that opens up to beautiful greenspace. 3 bedrooms, 2 full bathrooms. 2 car heated garage with storage. Gas fireplace, new carpet, new paint, new furnace (installed next week). Spacious kitchen with lots of counter space, pantry, breakfast bar and cabinets. Located in the heart of Eagle River.

12590 Old Glenn Highway Unit #B, Eagle River

Listing Office Premier Properties, LLC

$235,000

2 Beds ⋅ 1 Baths ⋅ 26-12489 MLS

Check out this 2-bedroom, 1-bath condo with a 1-car garage in the heart of Eagle River! Conveniently located near shopping, restaurants, and everyday amenities. This property needs some TLC but offers a great opportunity to add your personal touches and make it your own.

12249 Lake Street Unit A5, Eagle River

Listing Office Elite Real Estate Group

$475,000

3 Beds ⋅ 3 Baths ⋅ 26-12454 MLS

SPECIAL VA FINANCING! MOVE IN READY! COZY & PRIVATE BUNGALOW IN THE FOOTHILLS OF THE CHUGACH W/UNLIMITED VIEW NORTH TO THE ALASKA RANGE. Island kitchen w/pantry finished in Hardwood, Quartz & Stainless Steel. Relax & enjoy the amazing view from the deck & Primary suite which includes a private bathroom & WIC. Massive dbl heated garage w/extra storage area. AHFC $10,000 ENERGY REBATE QUALIFIED!

12227 Vista Ridge Loop, Eagle River

Listing Office Keller Williams Realty Alaska Group

$475,000

3 Beds ⋅ 3 Baths ⋅ 26-12453 MLS

12229 Vista Ridge Loop, Eagle River

Listing Office Keller Williams Realty Alaska Group

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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 Fiorelli Real Estate are marked with either the listing brokerage’s logo or 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. Listing last updated:

Eagle River Homes under $500,000

Newest Eagle River Homes under $500,000

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