3741 Ptarmigan Terrace,Anchorage, AK 99516
Anchorage, AK 99516
Description
3741 Ptarmigan Terrace is more than a South Anchorage home--it is a rare, turnkey Equestrian Center offering built in clientele (500+ contacts since 2023) for an owner-operator horse camp and riding lesson program with potential 6 digit income. Optional income potentials as a 10 horse boarding facility, trail ride operation, hosting of private and public events, addition of RV hookups, Airbnb or or leasing of living space(s), multigenerational housing, 7900sf indoor could be used as a mechanic shop and storage facility for heavy equipment, or investment with a vision. Set on 2.5 acres in the Lower Hillside, the property combines a flexible 2,304-square-foot home with extensive horse facilities--all just two minutes from the New Seward Highway and five minutes from shopping, dining, and everyday conveniences. Two access roads, customer parking area, wide driveways, and parking for multiple horse trailers make the property highly functional for clients, feed or hay deliveries, and oversized vehicles. The centerpiece is an approximately 7,900-square-foot Cover-All indoor barn and arena, engineered for Anchorage high wind and snow loads. It includes a 60' x 90' riding area, ten box stalls with PVC white wall lining and permanent rubber mats, insulated and heated tack and feed rooms with hot water, hay storage, and a 14' powered industrial roll-up door. A 100' x 150' outdoor riding arena with low spectator bleachers and grass lawn picnic area, 10 outdoor corrals, a large goat house, fenced front lawn, storage buildings, and an MOA-approved compost area expand the possibilities for boarding, lessons, riding clinics, camps, small livestock, or private recreational use. Select equipment included. The updated home is arranged with two living spaces; two kitchens, two laundry areas, four bedrooms, two bathrooms, and separate exterior access to the daylight lower level. Waterproof vinyl flooring and Andersen windows throughout the home. The two vehicle carport is under renovation. Main floor features a brand new kitchen with quartz countertops, an island with a gas range, a wood-burning stove, full bathroom with jetted tub and stack laundry, tons of storage, spacious bedrooms, and a new southern exposure Trex deck. The lower level offers its own renovated kitchen with granite countertops, tons of storage, a living area, two large bedrooms, full bath, large capacity laundry, and private entrance--ideal for extended family, staff, guests, or other flexible living arrangements. Buyer to verify permitted uses for rental or business possibilities. Directly across the road, more than 65 acres of Little Rabbit Creek Bluff Park provides wooded trails and protected open space. A productive well, two generator hookups for both house and stable, dual leach fields, deep-buried barn waterline, and thoughtfully planned utility systems support year-round Alaska operation. Built over 25 years from a lifelong horse lover's vision, this distinctive property is ready for its next chapter--a place to live, work, ride, teach, board, and own something truly special. * Owner is willing to consult or help train. * For 25 years, I have called this property my home. From its humble beginning as an abandoned fixer-upper, sweat equity of several people, to the realization of my childhood horse crazy dream. It has been a work in progress, and likely will continue to be. I hope you can share my vision. Property Features:" 2 minutes from New Seward Highway (south) 5 minutes from grocery, restaurants and shopping centers." Fully equipped, turnkey horse facilities with indoor riding, no valley commute." Two road access to the property. (Loc Loman or Ptarmigan Terrace)" Adjacent to Little Rabbit Creek Bluff Park, 65+ acres of wooded Parkland trails, which will never be developed." Fenced grass lawns in front and behind the house. The back yard overlooks the outdoor riding arena with low bleachers, shade trees, and picnic tables." Septic system has a brand new pump, 2 leach fields, one which has never been used." One large and one medium size storage sheds. Ex large goat house (or storage) with feed room, large living space with 8' tall chainlink outside run, milk room with 2 milking stands, electric outlets, loft for more storage. All have newer shingle roofs by Earhart Roofing Co." Power station has outlets for 10 heated water troughs, hook-ups for 2 generators (house and barn). One generator included with the property. 500 gallon storage tank." Water line from house to the barn is buried 15 feet deep, has never frozen if heat tape at the outside hydrant is plugged in." Driveways wide enough to accommodate big rigs. Ample parking for 4-5 horse trailers. Equestrian Center" 72' x 110' fabric Cover-All brand indoor arena/barn, Erected 2008. Building is engineered with a concrete perimeter footing and mantaray anchors. Abundant natural light." Trusses are double thickness with 10' centers instead of the standard 12' centers, to withstand high winds and heavy snow loads. Snow slides off the sides of the building." 10 box stalls with permanent rubber mats, white PVC lined stall walls to prevent kick damage and wood chewing." Insulated/heated feed room with water heater, low industrial sink, rubber matting, feed storage bins, shelving, microwave oven, feed prep table, dry erase boards, barn cat station (rodent control staff included = ). Sink has an automatic sump pump, to direct ground water from under the building to a French drain on the north and west sides of the building." Insulated/heated tack room with western and english saddle racks, saddle blanket rack, bridle hooks, girth/breast collar hooks, helmet hooks. Rear entry door with deadbolt lock." Hay storage area with pallets and hay bag hooks." 60' x 90' riding area with washed, crushed rock sand footing. Hooks for lunge lines and a whip holder. Each stall has halter hook, winter blanket rack, collapsing saddle rack on outside wall. 14' industrial roll up power door. Front man door." Portable toilet maintained by Rent-A-CanExtras:MOA approved compost area. 3 snow push areas. Very quiet neighborhood. Listen for distant Alaska Railroad trains! Occasional pop pop pop from the shooting range Outdoor Equipment Included:" Generator" Jinma brand tractor" Snow blower" Wood chipper Front Yard:" Well head of very productive and high quality water supply." Beautiful brand new formal front entrance with elegant etched glass door." Brand new southern exposure Trex deck for entertaining (just add your favorite gas grill and outdoor furniture!)." Peaceful views of Adjacent parkland, no neighbor houses." Lightly fenced. Raised beds for gardening and hexagonal flower planter with perennial lilly bulbs. Colorful trees, mock orange flowering bush. Upstairs of Home:" Brand new kitchen with quartz counter tops, never used dishwasher, gently used large capacity refrigerator." Island with brand new gas stove, vent hood, high top bar." New Anderson windows, bay window in Kitchen, sliding glass door in living leads to deck." New Vinyl waterproof flooring throughout. Tons of storage." LED recessed lighting in kitchen and living room." Living room features a classic wood burning stove, mantle and hearth." Full bath with Jetted tub, stack washer/dryer." Huge bedrooms. Big closets with organizers. Modern ceiling lights in rooms and hallway have a nightlight feature. Daylight Basement:" Designed as a Mother In Law space with separate entry, large coat closet, interior stairway to main level." 2 large bedrooms, big closets with organizers." Renovated full kitchen with Granite countertops, gently used stainless electric stove, side-by-side refrigerator, microwave, pantry cabinets." Living room and full bath. Ceiling in living area was damaged by the recent earthquakes. There is no other damage that we know of." Full laundry with large capacity front load washer/dryer." Vinyl waterproof flooring, recessed LED lighting and Anderso
Details
| MLS # | 26-10709 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 30 |
| Listing Provided By | Real Broker Alaska | April Slama |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,304 |
| Car Port | Yes |
| Zoning | R6 - Suburban Residential |
| Acreage | 2.50 |
Interior
| Rooms Total | 0 |
|---|---|
| Heating | Unknown |
| Heating Yes / No | Yes |
Exterior
| Foundation Details | Other |
|---|
Parking
| Parking Features | None |
|---|---|
| Carport Sp Type Co Carport Sp Type | Attached, Detached |
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Annual Amount | 8385.9 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | T12NR3WSEC33 L247 |
Area Information
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99516 |
| Area | 1A Anchorage Municipality |
| Subarea | Dearmoun Rd Potter Marsh |
| School District | South Anchorage |
| Elementary School | Rabbit Creek |
| High School | South Anchorage |
| Listing VS Median (in 99516) | |
Price: $1,275,000 low | high Med: $815,000 sqft: 2,304 low | high Med: 2,263 $ / sqft: $553 low | high Med: $360 On site: 30 low | high Med: 103 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Anchorage |
| Zip Code | 99516 |
| Area | 1A Anchorage Municipality |
| Subarea | Dearmoun Rd Potter Marsh |
| School District | South Anchorage |
| Elementary School | Rabbit Creek |
| High School | South Anchorage |
| Listing VS Median (in 99516) | |
Price: $1,275,000 low | high Med: $815,000 sqft: 2,304 low | high Med: 2,263 $ / sqft: $553 low | high Med: $360 On site: 30 low | high Med: 103 | |