3741 Ptarmigan Terrace, Anchorage, AK 99516 (MLS # 26-11821)

Price $1,275,000
Status Active
Size n/a
Lot Size 2.50 ac
Days on Market 12
Own a year-round successful business from the comfort of your own property! This rare Lower Hillside EQUESTRIAN CENTER features a 7,900-square-foot INDOOR ARENA, allowing you to ride through Alaska's rain, snow and long winters--without hauling your horses or commuting to the Valley. Designed for serious HORSE owners, the turnkey facility includes a 60' x 90' RIDING AREA, 10 matted box stalls, Heated and insulated tack and feed rooms, hot water, hay storage, electricity and a 14-foot powered roll-up door. Trusses are double thickness and 10-foot spacing for enhanced strength under Alaska's wind and snow conditions. A 100' x 150' outdoor arena with fenced shaded lawn, picnic tables low bleachers. 10 turnout corrals, fenced front lawns and a large goat house provide even more flexibility. Wide driveways, two-road access and parking for multiple horse trailers make maneuvering larger rigs easy. Situated on approximately 2.5 acres, the updated 2,304-square-foot home offers four bedrooms, two full bathrooms, two kitchens and two laundry areas--ideal for multigenerational living, barn staff, guests or Airbnb. Remodeled main-level with formal entry, kitchen features quartz countertops, an island with gas range, newer appliances and generous storage. Additional highlights include Anderson windows, waterproof vinyl flooring, recessed LED lighting, a wood-burning stove and a new southern exposure Trex deck. The daylight lower level offers a separate entrance, two bedrooms, a renovated kitchen with granite countertops, a living room, full bathroom and dedicated laundry area. The property also includes storage sheds, a generator, tractor, snowblower and woodchipper. Enjoy a peaceful setting directly across from more than 65 acres of Little Rabbit Creek Bluff Park, yet only minutes from the New Seward Highway, shopping, restaurants and everyday conveniences. This is an exceptional opportunity to enjoy a fully equipped horse property with indoor winter riding--all within Anchorage. .** Owner willing to consult or train if desired. Also posted as 20-10709. Muni says up to 10 horses no permit needed. Buyer to verify for intended use. Non operating, business potential. Asset sale only which includes indoor arena, corrals, and rental units, No financials available. If buyer desires to use prop for other purpose besides horses, owner willing to remove horse panels.
Property Type(s): Commercial
Last Updated 9/12/2026 Year Built 1962
Community 1A - Anchorage Municipality County Anchorage Municipality

Additional Details

AREA1A - Anchorage Municipality
LOT2.5 acre(s)
LOT DIMENSIONS2.0
TAXES7386
Listing Office: Real Broker Alaska
Alaska MLS

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 Petersburg Properties LLC 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.

Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved

This IDX solution is (c) Diverse Solutions 2026.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sarah Holmgrain to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend