305 Gaylene Circle

by Nyeem Johnson

Discover 305 Gaylene Circle in Anchorage, AK — a 2-bed, 1-bath home listed at $240,000. Great location near Muldoon, perfect for first-time buyers or investors.

Anchorage Living Made Easy

Welcome to 305 Gaylene Circle, a comfortable two-bedroom, one-bath home located in East Anchorage. Priced at $240,000, this property offers incredible value in today’s market — whether you’re a first-time homebuyer, downsizing, or looking for a rental investment in Anchorage’s R2M-zoned area.

Situated on a 4,202 sq ft lot and featuring 1,040 sq ft of living space, this home has everything you need for simple, stress-free living. The layout includes two spacious bedrooms, an open-concept main floor, and a bright living area that feels welcoming year-round.

Prime Location Near Everything

Located just off Muldoon Road and Duben Street, this home provides quick access to shopping, dining, and parks. Muldoon Elementary, Clark Middle, and Bartlett High School are all nearby, making it a great fit for families.

You’ll also enjoy close proximity to major routes for commuting across the city — whether you’re headed downtown, to JBER, or enjoying the outdoor trails that Anchorage is famous for.

Key Features

🛏 2 Bedrooms / 1 Bathroom
📐 1,040 sq ft living space
📍 Convenient East Anchorage location
🚫 No HOA or condo fees
💧 Public water & sewer
🏘 Zoned R2M – Multi-Family Residential (potential for future investment flexibility)
🏡 Lot Size: 4,202 sq ft

Why This Home Stands Out

Anchorage’s real estate market continues to see strong demand for well-priced, low-maintenance homes — and 305 Gaylene Circle fits the bill. It’s move-in ready, budget-friendly, and located in a neighborhood with consistent rental demand.

This is the kind of opportunity that doesn’t last long. Whether you’re ready to buy or exploring investment options, this listing offers a solid start.