Last updated January 21 2026 at 2:29 PM
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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 - $1,850 per month
- Commute
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Price and Availability
Terrace On The Lake apartments start at $1,360/month. There are 7 available apartments priced from $1,360 to $1,850. Prices were last verified by Terrace On The Lake 1 hour ago.
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Unit A17
Avail. now
$1,360
Unit A12
Avail. Feb 27
$1,375
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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
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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
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
- 0.2 miNorthwood Abc Elementary School — Public, PK-6, 348 students, 0.2 miles away,GreatSchools rating 3 out of 10.
- 1.0 miWillow Crest Elementary School — Public, PK-6, 387 students, 1.0 miles away,GreatSchools rating 3 out of 10.
- 1.2 miRilke Schule Charter School — Charter, K-8, 501 students, 1.2 miles away,GreatSchools rating 8 out of 10.
- 1.2 miGladys Wood Elementary School — Public, PK-6, 374 students, 1.2 miles away,GreatSchools rating 3 out of 10.
- 1.4 miAquarian Charter School — Charter, K-6, 385 students, 1.4 miles away,GreatSchools rating 8 out of 10.
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 $1,246 for a studio, $1,530 for a 1-bedroom, $1,779 for a 2-bedroom, and $2,221 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.