$839,000 $4,504 est/mo Sourced by Back At You
15955 E Ptarmigan Road,Palmer, AK 99645
Palmer, AK 99645
Description
Lazy Mountain 8 plex is located in a great area and has gorgeous mountain views from each of the 2-BR upper units (4 units). It has been professionally managed and gross rents are $8220 with room to increase with more updates. Additionally, one unit (#3) is currently a storage room but could be completed to use as a 9th rental unit. Priced to sell quickly! Over $60,000 invested in new septic system and new water filtration system. Newer water heaters & boiler. Vinyl siding, newer flooring. Some units more updated than others. All units except one are metered individually and pay for their own power. Current owner pays for natural gas heat and it is not metered individually.
Details
| MLS # | 26-7521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 67 |
| Listing Provided By | Realty ONE Group Aurora | James Sickler |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,772 |
| Units | 8 |
| Building(s) | 1 |
| Zoning | UNK - Unknown (re: all MSB) |
| Acreage | 1.07 |
| Property View | Mountain(s) |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Asphalt, Tile, Composition |
|---|---|
| Lot Features | Level, Rolling Slope |
| Construction Materials | Block |
| Foundation Details | Block |
| Exterior Sp Finish Co Exterior Sp Finish | Vinyl |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | None |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Road Surface Type | Dedicated Road, Paved, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Annual Amount | 9052.57 |
|---|---|
| Tax Year | 2025 |
| Tax Map Number | PA06 |
| Tax Legal Description | Ptarmigan Terrace L8 B1 |
| Tax Assessed Value | 849900 |
Area Information
| State | AK |
|---|---|
| City | Palmer |
| Zip Code | 99645 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | PA Palmer |
| School District | Palmer |
| Elementary School | Sherrod/Swanson |
| High School | Palmer |
| Listing VS Median (in 99645) | |
Price: $839,000 low | high Med: $499,999 sqft: 5,772 low | high Med: 2,411 $ / sqft: $145 low | high Med: $207 On site: 67 low | high Med: 21 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Palmer |
| Zip Code | 99645 |
| Area | 1D Matanuska Susitna Borough |
| Subarea | PA Palmer |
| School District | Palmer |
| Elementary School | Sherrod/Swanson |
| High School | Palmer |
| Listing VS Median (in 99645) | |
Price: $839,000 low | high Med: $499,999 sqft: 5,772 low | high Med: 2,411 $ / sqft: $145 low | high Med: $207 On site: 67 low | high Med: 21 | |
Listing Updated: August 3, 2026 at 1:02:42 PM PDT