A once-in-a-lifetime offering. For more than five decades, the Toohey family has stewarded Crow Creek Historic Gold Mine, preserving one of Alaska's most authentic and recognizable properties. Now, for the first time in a generation, this extraordinary holding is being offered for sale.
For more than five decades, the Toohey family has stewarded Crow Creek Historic Gold Mine, preserving one of Alaska's most authentic and recognizable properties. Now, for the first time in a generation, this extraordinary holding is being offered for sale.
Located in the upper Girdwood Valley, Crow Creek represents a rare opportunity to acquire the area's only large privately held development property. The offering includes 53 fee-simple acres with full surface and subsurface rights, National Register of Historic Places status, and a unique GCR-3 zoning designation that allows commercial, residential, recreational, hospitality, and mining uses.
Adjacent to Alyeska Resort's planned expansion, Crow Creek combines historic significance, potential operational income, development flexibility, and long-term investment potential that will not return to the market again. Over the years, Crow Creek has hosted weddings, special events, salmon bakes, gold panning experiences, historical tours, campi
ng and other visitor activities that have established Crow Creek as a well-known Alaska destination. In recent years, however, operations have been intentionally limited in scope, with ownership focused primarily on stewardship and preservation of the property rather than business expansion or revenue maximization.
The property's value lies in the combination of its irreplaceable location, broad development entitlements, historic character, mineral assets, existing improvements and future potential. Adjacent to Pomeroy's Alyeska Resort operations, the planned Winner/Glacier Creek expansion, and positioned within one of Alaska's premier year-round recreation c
orridors, Crow Creek offers a foundation for a wide range of future visions, from hospitality and lodging to events, recreation, residential development, heritage tourism, and mining-related uses The 53 deeded acres sit along the lower portion of Crow Creek a short distance upstream from its confluence with Glacier Creek, in the upper Girdwood Valley at the base of the Chugach Mountains.
The land conveys with full surface and subsurface rights, no split estate. More than half of the deeded acreage is buildable, an exceptional profile given the topographical and floodplain constraints that limit developable private ground throughout the Girdwood corridor.
Mature vegetation, manicured grounds and gardens, and dramatic mountain views in every direction characterize the working core of the property. The remaining acreage provides natural buffer, viewshed protection, and direct creek frontage. The defining advantage of the land is its zoning.
GCR-3, Commercial Recreation (Crow Creek Historic Mine), is a unique designation created by the Municipality of Anchorage specifically for this property. The designation explicitly authorizes overnight accommodations, owner residences, commercial retail, social and recreational activities, weddings and events, recreational and small commercial mining, and overnight camping concurrently on the same parcel.
For a buyer, GCR-3 eliminates the entitlement risk that typically defines mixed-use projects. The foundational use authorization is already in place. Expansion and new construction proceed through the area master plan process administered by the Municipality of Anchorage.
The deeded land is held in fee simple with no easements affecting use. The property is surrounded on three sides by Chugach National Forest, ensuring permanent protection of the surrounding viewshed and wilderness character. Crow Creek's original infrastructure remains intact, operational, and protected. The improvements include a collection of restored historic structures dating to 1898, among the oldest
