Last updated December 7 2025 at 1:45 AM
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Terrace On The Lake
Property highlights
At Terrace On The Lake, residents enjoy a blissfully quiet living environment complemented by excellent maintenance and professional staff. The apartments are well-equipped with modern amenities such as in-unit laundry and fireplaces, offering a comfortable and homely experience. Located conveniently near Walter J. Hickel Parkway, the property ensures easy commutes around Anchorage. Revel in proximity to Bentzen Lake and the Chugach Mountains, adding natural beauty to your neighborhood. With a fitness center, sauna, and dog park on-site, the community encourages a vibrant lifestyle. The property's sound insulation and ample green spaces enhance your overall living experience.
- 7 units available
- Studio • 1 Bed • 2 Beds
- Location
- 2421 Bentzen Circle, Anchorage AK 99517
- Amenities
- In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
- Price range
- $1,360 - $1,810 per month
- Commute
Rent Special
Get the Rest of the Month Rent Free on select homes! *Limited time offer. Must move in by December 17th, 2025. Restrictions apply. Specials, pricing and availability subject to change daily. Contact the leasing office for details.
Restrictions may apply
Price and Availability
Terrace On The Lake apartments start at $1,360/month. There are 7 available apartments priced from $1,360 to $1,810. Prices were last verified by Terrace On The Lake 3 hours ago.
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Unit A17
Avail. Dec 19
$1,360
Unit C17
Avail. now
$1,360
Unit E10
Avail. now
$1,380
Find apartments similar to Terrace On The Lake
How many bedrooms do you need?
Location
Amenities
In unit laundry
Patio / balcony
Dishwasher
Pet friendly
24hr maintenance
Parking
Unit Amenities
ceiling fan
dishwasher
fireplace
furnished
garbage disposal
in unit laundry
microwave
patio / balcony
walk in closets
air conditioning
bathtub
carpet
extra storage
oven
range
refrigerator
Property Amenities
dogs allowed
pet friendly
courtyard
dog park
24hr gym
on-site laundry
playground
24hr maintenance
bbq/grill
sauna
tennis court
cats allowed
parking
clubhouse
online portal
Terrace on the Lake Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK.Choose from studio, 1, or 2-bedroom apartments featuring modern kitchens with a full suite of appliances and ample counter space. You’ll have convenient features, like in-unit laundry, ceiling fans, and large closets. Select apartments have dining areas, walk-in closets, and fireplaces. Our community amenities include on-site tennis courts, a fitness center, a soothing sauna, and a dog park. Our 24-hour emergency maintenance services and courtesy security patrol will give you peace of mind.Terrace on The Lake is near the Walter J. Hickel Parkway, offering an easy commute to anywhere in Anchorage. You’ll live near Providence Hospital, Alaska Native Medical Center, Joint Base Elmendorf-Richardson, and the University of Alaska Anchorage. Outdoor attractions, like Bentzen Lake and the Chugach Mountains, are close to home. You belong at Terrace on the Lake Apartments in Anchorage, AK!
Verified reviews
Property Details (Fees & Lease)
Must have 2.5x the rent in total household income (before taxes)
Pets allowed
Cats, dogs
rent
40.0
limit
2
fee
300.0
restrictions
Breed restrictions apply
Furnished apartments often have extra fees beyond the rent listed. Please contact for more information.
Explore the Area
Lucky Market
1.1 mi
Sysco Alaska
1.2 mi
Alaska International Groceries / Alaska Halal Grocery
1.3 mi
Alaska Chip Company
1.4 mi
Stop N' Shop Asian Market
1.4 mi
Chugach Mountain Roasters
0.4 mi
Taco King - Spenard
0.4 mi
Crave Bar & Grill
0.5 mi
Jinmi Korean Restaurant
0.5 mi
The Fancy Moose
0.5 mi
Spenard & Valleywood NNE
0.4 mi
Spenard & Intl Airport NNE
0.5 mi
Spenard & Breezewood SSW
0.5 mi
Spenard & Breezewood SSW
0.5 mi
Spenard & Wisconsin SSW
0.5 mi
Lake Hood Seaplane Base
1.6 mi
Lake Hood Airport
1.6 mi
Ted Stevens Anchorage International Airport
2.2 mi
Campbell Lake Seaplane Base
2.8 mi
Merrill Field
4.0 mi
3 /10
Northwood Abc Elementary School
PublicPK-6
348 Students
0.2 mi
3 /10
Willow Crest Elementary School
PublicPK-6
387 Students
1.0 mi
8 /10
Rilke Schule Charter School
CharterK-8
501 Students
1.2 mi
3 /10
Gladys Wood Elementary School
PublicPK-6
374 Students
1.2 mi
8 /10
Aquarian Charter School
CharterK-6
385 Students
1.4 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Bentzen Lake Park
0.1 mi
Sisterhood Park
0.3 mi
Northwood Park
0.3 mi
Javier De La Vega Park
0.5 mi
Red Bridge Park
0.5 mi
Asian Alaskan Cultural Center
0.3 mi
Spenard Rec Center
0.4 mi
Turnagain Arts Building
0.6 mi
Center Bowl
1.1 mi
61 Degrees North Winery
1.1 mi
Connors Bog Dog Park
0.6 mi
Connors Bog Dog Park
0.6 mi
Honest to Dog
1.1 mi
Purrfect Purr Cat Hotel
1.2 mi
Arctic & Benson Dog Park
1.7 mi
Getting Around
Walk & Transit Scores
Walk Score: 20 — Car-Dependent, car required for most daily activities.Transit Score: 28 — Limited public transit service in the area.Public Transit Access
The area benefits from access to public transit options, such as 3 nearby routes: 3 bus, 0 rail, 0 otherNearby public transit stops include:
- Spenard & Valleywood NNE (~0.44 mi)
- Spenard & Intl Airport NNE (~0.45 mi)
- Spenard & Breezewood SSW (~0.45 mi)
- Spenard & Wisconsin SSW (~0.47 mi)
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Frequently Asked Questions (FAQs)
Terrace On The Lake has 7 units available starting at $1,360 per month. Check out the Price and Availability section for the most up-to-date unit information.
In Anchorage, AK, the average rent is $1,278 for a studio, $1,503 for a 1-bedroom, $1,789 for a 2-bedroom, and $2,403 for a 3-bedroom. For more information on rental trends in Anchorage, AK, check out our monthly Anchorage, AK Rent Report.
Some of Terrace On The Lake's amenities include in unit laundry, patio / balcony, and dishwasher. To see the other amenities this property offers, check out the Amenities section.
Terrace On The Lake is offering the following rent specials: Get the Rest of the Month Rent Free on select homes! *Limited time offer. Must move in by December 17th, 2025. Restrictions apply. Specials, pricing and availability subject to change daily. Contact the leasing office for details.
Yes, Terrace On The Lake is pet-friendly.
Yes, Terrace On The Lake offers parking.
Yes, Terrace On The Lake offers units with in unit laundry.
No, Terrace On The Lake does not have a pool.
No, Terrace On The Lake does not have accessible units.
Yes, Terrace On The Lake has units with dishwashers.