Polar Bear Peak is a 6,614-foot mountain in the U.S. state of Alaska, located in Chugach State Park. Situated in the Chugach Mountains, it lies at the head of South Fork Eagle River, 5 mi ESE of Eagle Lake, and 22 miles ESE of downtown Anchorage. The peak was named in 1963 by members of the Mountaineering Club of Alaska because a snow patc…Polar Bear Peak is a 6,614-foot mountain in the U.S. state of Alaska, located in Chugach State Park. Situated in the Chugach Mountains, it lies at the head of South Fork Eagle River, 5 mi ESE of Eagle Lake, and 22 miles ESE of downtown Anchorage. The peak was named in 1963 by members of the Mountaineering Club of Alaska because a snow patch on its north face resembles a Polar bear skin.