$615,000
555 S Lower Road
Palmer, AK 99645
MLS# 24-7324
Status: Closed
2783 sqft


Lower Rd 30
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Property Description
APPRAISED @ $675,000 - Successful Well & Septic!! Two Historic 1935 Colony Barns haylofts transported & fully remodeled onto New Construction (2023) buildings totaling just under 3000sq ft. Situated between Palmer and Wasilla on 1.89 unrestricted acres with 2 wells onsite. 236ft of water frontage & Wasilla creek running down the West side.

Details
Maps
Documents
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: WA09
Legal: Wilderness Acres L12 B3
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Floors - # of: 2
Acres: 1.98
SF-Lot: 86248.8
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Type of Property: Land & Building
SF-Res: 2783
Year Built: 2023
Directions and Remarks
Directions: N on the Parks Hwy, Right off of the highway onto Hyer rd,, follow Hyer rd for about 1.5 miles and take a right onto S Lower Rd, follow S Lower rd until you see the sign- property on left
To Show
ShowingTime: 1
Building Info
Building Status: Vacant
Business Type
B & B: 1
Professional Service: 1
Other: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Log: 1
Metal: 1
Wood: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Radiant: 1
See Remarks: 1
Roof Type
Metal: 1
Foundation
Poured Concrete: 1
Flooring
Other: 1
See Remarks: 1
Access
Dedicated Road: 1
Paved: 1
Sewer
Septic Tank: 1
Water Source
Private: 1
Well: 1
Features-Commercial
On-Site Parking: 1
Wtrfnt-Access Nearby: 1
Other - See Remarks: 1
Docs Avl for Review
Docs Posted on MLS: 1
Contract Info
Price-List: 615000
Date-Listing: 2024-06-17
Status: Closed
Sold Info
Date-Pending: 2025-11-24
Date-Closing: 2026-02-11
Location Tax and Legal
Area: PA - Palmer
Street #: 555
Directional: S
Street Name: Lower
Arterial: Road
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Property Features
Business Type: B & B; Professional Service; Other
Heating: Baseboard; Electric; Natural Gas; Radiant; See Remarks
Exterior Finish: Log; Metal; Wood
Roof Type: Metal
Flooring: Other; See Remarks
Foundation: Poured Concrete
Features-Commercial: On-Site Parking; Wtrfnt-Access Nearby; Other - See Remarks
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Access: Dedicated Road; Paved
Sewer: Septic Tank
Water Source: Private; Well
To Show: ShowingTime
Docs Avl for Review: Docs Posted on MLS
Supplements
All the hard work has been done for you! 9000sq ft of beautiful sod lawn laid, the transport & installation of the 40ft silo, this property is nothing short of spectacular! The large barn upper level 1024sq ft with a 16x32 walking deck, half bath with a second set of stairs for a second back side entry location. It has its original barn wood rafters that have been professionally sand blasted, luxury vinyl plank flooring, custom lighting fixtures, light Trex deck, log siding, original galvanized s panel & gorgeous metal roofing. The lower level has two bedrooms, two full baths, full living room & kitchen with 20mil commercial grade luxury vinyl plank flooring, in floor heat, quartz countertops & window seals, real wooden doors, custom tile in bathrooms, washer/ dryer, hot water on demand and an A/C radiant heat- mini splits w heat pump heating system. A second building features a kitchen, living room, full bathroom and upper-level bedroom, shiplap walls, luxury vinyl plank & tile flooring, original colony window accents and on the exterior is log as well as artistic uniquely hand crafted concrete log!! The project caught the eye of the "Fixer Upper" couple Chip & Joanna Gaines "Magnolia Network" and they filmed a tv show! The episode can be seen on HBO Max, Discovery & Magnolia. "In With the Old" Season 5, Episode 8 (Alaska Barn Rescue) It has also being featured on American Dream Television in Summer 2025!!!

IDX
Listing Office: Signature Real Estate Alaska

Last Updated: February - 13 - 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.