




- Studio–2 Bedrooms
- $1,370-$1,890 Pricing
- 450–920 Square Feet
About Terrace on the Lake
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!
Terrace on the Lake is located in the Spenard Neighborhood and 99517 Zip code of Anchorage, AK. This community is professionally managed by Weidner Apartment Homes
Unique Features and Amenities
- * Select Apartments
- *In select homes
- 24-Hour Emergency Maintenance
- Barbecue/Grill Station
- Cardio Machines
- Carpeting
- Ceiling Fans*
- Complete Kitchen Appliance Package
- Efficient Appliances
- Energy Efficient Windows (Triple Paned)
- Fireplace*
- Fitness Center
- Furnished Apartments Available*
- Garbage Disposal*
- In-home Washer/Dryer
- Large Closets
- Microwave*
- Night Patrol
- Online Payments & Service Requests
- On-Site Maintenance
- On-Site Management
- Package Receiving
- Planned Social Activities/ Resident Events
- Sauna
- Triple Pane Windows
- Walk-in Closets*
- Washer & Dryer In Each Home
Property Contact Info

- Listed by:
- Agency:
- Vendor Logo:
- Website:
- View Property Website
- Call Us:
- (833) 756-6547
- Disclaimer:
Office Hours
| Monday | 10:00 am–6:00 pm |
| Tuesday | 10:00 am–6:00 pm |
| Wednesday | 10:00 am–6:00 pm |
| Thursday | 10:00 am–6:00 pm |
| Friday | 10:00 am–6:00 pm |
| Saturday | Closed |
| Sunday | Closed |
Floorplan Pricing and Availability
Terrace on the Lake offers Studio to 2 Bedroom apartments starting from $1,370 and having 450–920 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
Studio
Blue Winged Teal
From $1,370
Studio, 1 Bath, 450 sq ftAvailable Aug 17Model Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,370 August 17, 2026 C22 450 $1,000 $1,375 August 24, 2026 A12 450 $1,000 Model Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Unique Features
- Triple Pane Windows
Model Rent and Fees
Model Price Range
- $1,370 - $1,375
Unit C22 Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Unique Features
- Triple Pane Windows
Unit C22 Rent and Fees
Unit Price
- $1,370
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Model Price Range
- $1,370 - $1,375
Unit A12 Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit A12 Rent and Fees
Unit Price
- $1,375
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Model Price Range
- $1,370 - $1,375
Apartment Model: Blue Winged TealFrom $1,370Studio, 1 Bath, 450 sq ftAvailable August 17, 2026![]()
Blue Winged Teal - Floorplan Apartment Unit: C22Apartment Model: Blue Winged Teal$1,370Studio, 1 Bath, 450 sq ftAvailable August 17, 2026Apartment Unit: A12Apartment Model: Blue Winged Teal$1,375Studio, 1 Bath, 450 sq ftAvailable August 24, 20261 Bedroom
Show Unavailable FloorplansThe Mallard
$1,475
1 Bed, 1 Bath, 580 sq ftAvailable Aug 19Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,475 August 19, 2026 B31 580 $1,000 $1,475 September 30, 2026 F37 580 $1,000 Model Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
Living Space
- Carpet
- Vinyl Flooring
Outdoor Space
- Grill
- Lawn
Unique Features
- Triple Pane Windows
Model Rent and Fees
Model Price
- $1,475
Unit B31 Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
Living Space
- Carpet
- Vinyl Flooring
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit B31 Rent and Fees
Unit Price
- $1,475
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Price
- $1,475
Unit F37 Amenities and Features
Features
- Tub/Shower
Kitchen
- Kitchen
- Microwave
- Oven
Living Space
- Carpet
- Vinyl Flooring
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit F37 Rent and Fees
Unit Price
- $1,475
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Price
- $1,475
Apartment Model: The MallardFrom $1,4751 Bedroom, 1 Bath, 580 sq ftAvailable August 19, 2026FloorplansPhotos![]()
The Mallard - Image 1 ![]()
The Mallard - Image 2 ![]()
The Mallard - Image 3 ![]()
The Mallard - Image 4 ![]()
The Mallard - Image 5 ![]()
The Mallard - Image 6 ![]()
The Mallard - Floorplan Apartment Unit: B31Apartment Model: The Mallard$1,4751 Bedroom, 1 Bath, 580 sq ftAvailable August 19, 2026Apartment Unit: F37Apartment Model: The Mallard$1,4751 Bedroom, 1 Bath, 580 sq ftAvailable September 30, 2026The Mallard Furnished
1 Bed, 1 Bath, 580 sq ftModel Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Call for Availability The Mallard Furnished 580 sq ft Model Amenities and Features
Features
- Ceiling Fans
- Fireplace
- Heating
- Smoke Free
- Tub/Shower
Kitchen
- Dishwasher
- Disposal
- Freezer
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
Apartment Model: The Mallard FurnishedCall For Rates1 Bedroom, 1 Bath, 580 sq ftUnavailable![]()
The Mallard Furnished - Floorplan 2 Bedrooms
Arctic Tern
From $1,860
2 Beds, 2 Baths, 920 sq ftAvailable NowModel Gallery
Floorplans
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,865 Available Now E20 920 $1,000 $1,865 August 14, 2026 A28 920 $1,000 $1,860 August 14, 2026 B16 920 $1,000 Model Amenities and Features
Features
- Fireplace
- Tub/Shower
Kitchen
- Freezer
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Dining Room
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Unique Features
- Triple Pane Windows
Model Rent and Fees
Model Price Range
- $1,860 - $1,890
Current Available Pricing
- $1,860 - $1,865
Unit E20 Amenities and Features
Features
- Fireplace
- Tub/Shower
Kitchen
- Freezer
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Dining Room
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit E20 Rent and Fees
Unit Price
- $1,865
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $1,890
Unit A28 Amenities and Features
Features
- Fireplace
- Tub/Shower
Kitchen
- Freezer
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Dining Room
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit A28 Rent and Fees
Unit Price
- $1,865
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $1,890
Unit B16 Amenities and Features
Features
- Fireplace
- Tub/Shower
Kitchen
- Freezer
- Kitchen
- Microwave
- Oven
- Range
Living Space
- Carpet
- Dining Room
- Vinyl Flooring
- Walk-In Closets
Outdoor Space
- Grill
- Lawn
Windows
- Triple Pane Windows
Unit B16 Rent and Fees
Unit Price
- $1,860
View Details and Rent EstimateDeposit
- $1,000 deposit
Model Rent and Fees
Model Price Range
- $1,860 - $1,890
Apartment Model: Arctic TernFrom $1,8602 Bedroom, 2 Bath, 920 sq ftAvailable Now![]()
Arctic Tern - Floorplan Apartment Unit: E20Apartment Model: Arctic Tern$1,8652 Bedroom, 2 Bath, 920 sq ftAvailable NowApartment Unit: A28Apartment Model: Arctic Tern$1,8652 Bedroom, 2 Bath, 920 sq ftAvailable August 14, 2026Apartment Unit: B16Apartment Model: Arctic Tern$1,8602 Bedroom, 2 Bath, 920 sq ftAvailable August 14, 2026
Schedule a Tour
Property Information
- Renovated In 1985
- 146 Units
- 3 Stories
- Built in 1977
- Furnished Units Available
Lease Terms
- 10 - 15 mo
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$25.00
Other Fees and Policies
Pet Fees
- Cat
- Cat FeeiMax of 2. Charged Per Pet.$300.00
- Cat RentiCharged Per Pet.$40.00/mo
- Dog
- Dog FeeiMax of 2. Charged Per Pet.$300.00
- Dog RentiCharged Per Pet.$40.00/mo
None
Breed restrictions apply
Max of 2. Up to 2 pets per home are welcome.
Parking Fees
- Surface Lot
- Parking FeeiMax of 1. Charged per vehicle.$0.00/mo
Max of 1.
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Maintenance On Site
- Planned Social Activities
- Property Manager On Site
- Pet Play Area
- 24 Hour Access
Community Features
- Corporate Housing
- Walk Up
Outdoor Features
- Grill
- Pond
- Courtyard
- Picnic Area
- Lawn
Recreation and Fitness
- Fitness Center
- Sauna
- Playground
Interior Features
- Ceiling Fans
- Fireplace
- Heating
- Tub/Shower
- Smoke Free
Kitchen Amenities
- Disposal
- Freezer
- Kitchen
- Range
- Refrigerator
- Dishwasher
- Microwave
- Oven
Living Area Features
- Walk In Closets
- Vinyl Flooring
- Carpet
- Dining Room
- Linen Closet

Map
- Shopping
- Colleges
- Grocery
- Medical

Map
Getting Around
40 / 100 Fairly walkable
20 / 100 Limited public transit
60 / 100 Moderately bikeable
100 / 100 Exceptionally car friendly
Getting to Know the Area
70 / 100 Restaurants
50 / 100 Cafes
60 / 100 Nightlife
50 / 100 Shopping
0 / 100 Noise Level
Frequently Asked Questions about Terrace on the Lake
Where is Terrace on the Lake located?
Terrace on the Lake is located at 2421 Bentzen Cir near the Spenard area of Anchorage, AK
What is the current rent range at Terrace on the Lake?
Studio to 2 Bedroom Apartments at Terrace on the Lake currently range from $1,370 to $1,890
When is the leasing office open?
- The office Hours for Terrace on the Lake are
- Monday 10:00 am–6:00 pm
- Tuesday 10:00 am–6:00 pm
- Wednesday 10:00 am–6:00 pm
- Thursday 10:00 am–6:00 pm
- Friday 10:00 am–6:00 pm
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Nearby Schools
Romig Middle School
West High School
Northwood Abc Elementary School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Terrace on the Lake.
Big Box and Retail
Lowe's
Walgreens
Jcpenney
Colleges and Universities
Charter College-Anchorage - Anchorage Campus
Groceries
Fred Meyer
Hospitals
Alaska Psychiatric Institute
Providence Alaska Medical Center
North Star Hospital
Military Bases
Kulis Air Guard Base
Shopping Centers
Terrace on the Lake has 5 shopping centers within 1.7 miles.
Nearby Neighborhoods
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Anchorage Studio Apartments | $1,342 | $700 | $2,175 |
| Anchorage 1 Bedroom Apartments | $1,537 | $700 | $2,600 |
| Anchorage 2 Bedroom Apartments | $1,959 | $1,175 | $5,416 |
| Anchorage 3 Bedroom Apartments | $2,358 | $1,750 | $3,100 |
| Anchorage 4 Bedroom Apartments | $2,900 | $2,900 | $2,900 |
| 2 Bedroom Homes | $2,125 | $1,300 | $3,200 |
| 3 Bedroom Homes | $2,910 | $1,700 | $4,400 |
| 4 Bedroom Homes | $3,554 | $2,800 | $4,500 |
| 5 Bedroom Homes | $3,350 | $3,100 | $3,600 |
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Max of 2. Up to 2 pets per home are welcome.