Bayshore

Anchorage, AK

Neighborhood Market Analysis

Q3 2025 Report
$463,000 (May 2025)
Median Home Price
Moderate (Walk Score: 30–45); car-dependent but bike-friendly in summer.
Walkability Score
Elementary schools are highly rated (Bayshore Elementary is a top performer); Dimond High is well-regarded for academics and extracurriculars.[2]
School Rating

Location Overview

Neighborhood Boundaries

Bayshore is part of the Bayshore-Klatt area in South Anchorage, generally bounded by the Turnagain Arm to the south, Minnesota Drive to the east, and Campbell Lake to the north and west. The neighborhood is adjacent to Oceanview and Klatt.

Zip Codes

99515

Market Data Summary

Price Range$379,000–$650,000+ (recent sales)
Price per Sq Ft$260 (up 8.3% YoY)
Inventory LevelsLow; homes sell quickly (median 17 days on market, hot homes in 4 days).

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhousesCondominiums

Architectural Styles

Contemporary AlaskaTraditional two-storySplit-levelRanch

Property Details

Typical Lot Sizes6,000–12,000 sq ft (typical suburban lots, some larger lots near Campbell Lake)
Home Age Range1970s–2000s, with some newer infill and remodels
Construction QualityGenerally high, with many homes updated or remodeled; newer builds and renovations are common.

Community Profile

Demographics & Lifestyle

Demographics

Predominantly middle- to upper-middle-class professionals and families; diverse age groups, with a strong presence of families with children.

Community Vibe

Suburban, quiet, and well-maintained; strong sense of community and neighborhood pride.

Typical Residents

  • Families with children
  • Professionals
  • Retirees

Family Friendly

Very family-friendly, with top-rated elementary schools, parks, and safe streets.

Amenities & Lifestyle

Parks & Recreation

  • Bayshore Clubhouse & Lake
  • Campbell Lake
  • Kincaid Park (nearby)
  • Neighborhood playgrounds

Dining Options

  • Local cafes
  • Casual dining
  • Fast food chains along Dimond Blvd

Shopping Centers

  • Dimond Center Mall
  • Local strip malls along Dimond Blvd and Old Seward Hwy

Local Businesses

  • Coffee shops
  • Daycares
  • Fitness centers
  • Local boutiques

Education & Schools

Elementary schools are highly rated (Bayshore Elementary is a top performer); Dimond High is well-regarded for academics and extracurriculars.[2]
Overall School Rating

Elementary Schools

  • Bayshore Elementary
  • Ocean View Elementary
  • Klatt Elementary

Middle Schools

  • Mears Middle School

High Schools

  • Dimond High School

Private Schools

  • Anchorage Christian Schools (nearby)
  • Grace Christian School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • People Mover bus routes along Dimond Blvd and Old Seward Hwy

Major Roads

  • Minnesota Drive
  • Dimond Blvd
  • Old Seward Hwy

Commute & Walkability

Commute Times15–25 minutes to downtown Anchorage by car; 10 minutes to Ted Stevens Anchorage International Airport.
WalkabilityModerate; most errands require a car, but sidewalks and bike paths are present.
ParkingAmple off-street parking; most homes have garages and driveways.

Marketing Intelligence

Target Buyer Types

  • Move-up buyers
  • Relocating professionals
  • Families with school-aged children

Key Selling Points

  • Top-rated schools
  • Safe, quiet community
  • Proximity to Campbell Lake and parks
  • Quick access to shopping and airport

Pricing Considerations

Price competitively due to high buyer demand, but be mindful of recent price dips and appraised values.

Common Objections & Response Strategies

Objection: Higher prices than Anchorage average

Response Strategy:

Emphasize school quality, safety, and long-term appreciation potential.

Objection: Car-dependent, limited walkability

Response Strategy:

Highlight bike paths, proximity to parks, and short drive times to shopping and downtown.

Objection: Short-term price volatility

Response Strategy:

Focus on long-term stability, low inventory, and consistent demand from families and professionals.

Investment Insights

Investment Potential

Appreciation Potential

Strong long-term appreciation due to location, school quality, and limited inventory, though recent volatility suggests short-term caution.[2][4]

Rental Demand

High for single-family homes and townhouses, especially among families and professionals relocating to Anchorage.

Buyer Competition

High; multiple offers are common, especially for updated homes.

Best For

  • Families seeking top schools
  • Professionals seeking suburban lifestyle
  • Long-term investors

Potential Concerns

  • Short-term price volatility
  • Limited walkability
  • Higher price point than Anchorage average

Professional Recommendations

1

Highlight school ratings and family amenities in all marketing.

2

Prepare for multiple-offer scenarios; advise buyers on competitive bidding strategies.

3

Encourage sellers to stage and update homes for maximum appeal.

4

Monitor short-term pricing trends closely and advise clients on timing.

5

Network with relocation specialists and local employers to capture incoming buyers.

Competitive Analysis

Comparable Markets

  • Southport
  • Oceanview
  • Huffman-O'Malley

Market Positioning

Premium suburban neighborhood for families and professionals seeking quality of life.

Competitive Advantages

  • Top schools
  • Lake and park access
  • Quick airport/shopping access

Price Comparison

Bayshore median prices are 15–20% higher than Anchorage average, but offer superior amenities and schools.[1][2][4]

Investment Metrics

4.5–5.5% (single-family rentals, 2025 est.)
Cap Rates
5–6% gross annual yield typical for updated homes
Rental Yields
18–20 (higher than Anchorage average, reflecting premium pricing)
Price-to-Rent
Positive cash flow possible with 20% down, especially for well-maintained homes
Cash Flow
3–5% annual appreciation expected long-term, barring major economic shifts
Appreciation

Buyer Journey Insights

First-Time Buyers

May be priced out unless purchasing condos/townhomes; should focus on smaller or older homes.

Move-Up Buyers

Ideal neighborhood for those seeking more space, better schools, and community amenities.

Downsizers

Townhomes and smaller single-family homes offer low-maintenance options close to recreation.

Investors

Strong rental demand and appreciation potential, but entry costs are higher than city average.

Relocators

Popular with transferees and military families due to schools, safety, and proximity to airport.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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