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Prices are low, but there’s plenty of red tape
9851 Mccready Circle
Listing price: $2.5 million
Median sale price in city: $312,960
Perched on a hill, this home offers unobstructed views of Anchorage, which residents can enjoy from the deck. Built in 2006, the 9,540-sq.-ft. house has six bedrooms, six bathrooms, a kitchen with a center island, informal and formal dining areas, two family rooms, and a theater. Anchorage is typically a relocation hub for oil companies, and luxury homes rarely cost more than $1.5 million, according to agent Kay England.