$950,000
4990 S Glenn Highway
Palmer, AK 99645
MLS# 26-13318

With outline
  1 / 19  
With outline From North, mtns, hwy, entire lake.s From North End further out.s From North End, higher.s From North end, Pioneer Peak in distance From North End.s From Northwest, mtns in background.s From Northwest, no background, just lake From South End, Mat-Su Regional in dista From South End, Mat-Su Regional on left, from southeast.s From the West, hwy in front, University Lakeshore with highway interchange in ba Lakeshore with Pioneer Peak and Highway looking east.s looking NW.s pic with interchange.s straight down.s Straight down2.s

Property Description
Rare 8.92-acre lakefront development opportunity just 2.1 miles from Mat-Su Regional Medical Center. 693 ft of lakefront, ideally positioned for a medical campus, assisted living facility, skilled nursing center, or other commercial venture, this exceptional property combines accessibility with an unmatched natural setting. Matanuska Lake is bordered by a state park on one end and land trust

Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Price-List: 950000
Concessions YN: No
Date-Listing: 2026-10-19
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Vacant Land
SF-Lot: 388555.2
Lot Area Source: Tax Authority
Acres: 8.92
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Directions and Remarks
Directions: Glenn Hwy North from Anchorage. At the interchange, take the Palmer exit. Driveway is on the left, before the Matanuska Lake Rec Area. Take left on the driveway, follow road to property.
Waterfront Details
Waterfront Name: Matanuska Lake
Location Tax and Legal
Area: PA - Palmer
Street #: 4990
Directional: S
Street Name: Glenn
Arterial: Highway
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Vacant Land Type: Commercial; Recreational; Residential
Listing Terms Financing: Cash
Land Features: Fire Service Area; Highway Frontage; Multi-Family Ok; Road Service Area
Topography: Level; Sloping
View Type: Lake; Mountains
Wtrfrnt-Access Near: Lake
Wtrfrnt-Frontage: Lakefront
Utilities: Elec - On Site; Electric-Overhead; Natural Gas-In Area; Pub Water - In Area; Sewer-In Area; Well - On Site
Access: Gravel
Road Maintenance: Unknown - BTV
Documents: As-Built; Docs Posted on MLS; Prop Discl Available
Supplements
property across the lake, providing lasting privacy and picturesque views. With no specific zoning designation currently in place, both commercial and residential possibilities may be explored, subject to applicable approvals, offering maximum flexibility for future development.
IDX
Listing Office: Tayal Brokerage

Last Updated: October - 21 - 2026

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

Search powered by FBS Products