Rare 5-Acre Oasis in Palmer with 4-Bedroom Home and Huge Shop! Seller Financing Available. Property allows for the construction of a second home with an approved Accessory Dwelling Unit (ADU) permit from the City of Palmer. Welcome to your private retreat in the heart of Palmer! This spacious 4-bedroom, 3.5-bathroom home sits on a stunning 5-acre lot within city limits,offering the perfect blend of space, privacy, and convenience. Whether you're looking for room to roam or are interested in future development, this property is a rare find. Enjoy the entire parcel or explore the potential to subdivide into smaller lots. Seller Financing available with 20% down payment, 30-year amortization, 5-year balloon, and 6% interest. The home boasts a thoughtful layout, comfortable living areas, and ample space for everyone. Step outside to take in the expansive views and tranquil setting, ideal for gardens, animals, or simply enjoying some breathing room. A massive shop/garage is also included, perfect for all your projects, storage, or business needs. Don't miss this unique opportunity to own acreage and space in one of Palmer's most desirable areas!
Sold
Price Unknown
1301 S Felton St, Palmer, AK 99645
4beds
2,716sqft
Single Family Residence
Built in 1976
5 Acres Lot
$500,200 Zestimate®
$--/sqft
$3,457 Estimated rent
Home value
$500,200
$475,000 - $525,000
$3,457/mo
Zestimate® history
Owner options
List your home for rent
$3,457/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,457/mo
Rent Zestimate®
Refinance and save
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Expansive viewsTranquil settingAmple space for everyoneThoughtful layout
Zillow last checked:
Listing updated:
Listed by:
James Sickler,
Realty ONE Group Aurora
Bought with:
Angie Ferris
Ferris Group LLC
Source: AKMLS,MLS#: 26-1046
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Forced Air, Natural Gas
Features
- Flooring: Carpet, Luxury Vinyl
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,716
- Total interior livable area: 2,716 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, No Carport
- Garage spaces: 3
Features
- Levels: Multi/Split
- Waterfront features: None, No Access
Lot
- Size: 5 Acres
- Topography: Hilly,Level
Details
- Parcel number: 17N02E05C016
- Zoning: T
- Zoning description: Transitional (re: City Palmer)
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- New construction: No
- Year built: 1976
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Palmer
Financial & listing details
- Tax assessed value: $313,200
- Annual tax amount: $3,597
- Date on market: 2/5/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | -- |
Source:  AKMLS #26-1046 Report a problem | ||
| 5/7/2026 | Pending sale | $544,000$200/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 4/9/2026 | Price change | $544,000-1.8%$200/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 3/30/2026 | Pending sale | $554,000$204/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 3/30/2026 | Listed for sale | $554,000$204/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 3/17/2026 | Listing removed | $554,000$204/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 2/5/2026 | Listed for sale | $554,000$204/sqft |
Source: AKMLS #26-1046 Report a problem | ||
| 2/4/2026 | Listing removed | $554,000$204/sqft |
Source: AKMLS #25-9898 Report a problem | ||
| 11/13/2025 | Price change | $554,000-2.6%$204/sqft |
Source: AKMLS #25-9898 Report a problem | ||
| 9/20/2025 | Price change | $569,000-5%$209/sqft |
Source: AKMLS #25-9898 Report a problem | ||
| 8/4/2025 | Listed for sale | $599,000$221/sqft |
Source: AKMLS #25-9898 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,597 +4% | $313,200 +6.3% |
| 2024 | $3,460 +4.4% | $294,500 +1.3% |
| 2023 | $3,314 +4.2% | $290,800 +8.8% |
| 2022 | $3,180 +0.9% | $267,200 +9.8% |
| 2021 | $3,150 +1% | $243,400 +4% |
| 2020 | $3,119 +6% | $234,100 +6.6% |
| 2019 | $2,941 +0.9% | $219,700 +0.5% |
| 2018 | $2,914 +8.3% | $218,600 +0.5% |
| 2017 | $2,690 | $217,600 -2.2% |
| 2016 | $2,690 | $222,400 +1.6% |
| 2015 | $2,690 | $218,800 +3.5% |
| 2014 | $2,690 | $211,400 +1% |
| 2013 | -- | $209,300 +0% |
| 2012 | -- | $209,200 +3.3% |
| 2011 | -- | $202,600 +2.7% |
| 2010 | -- | $197,300 +1.4% |
| 2009 | -- | $194,500 -6.1% |
| 2008 | -- | $207,100 |
| 2007 | -- | $207,100 +6.9% |
| 2006 | -- | $193,800 +14.4% |
| 2005 | -- | $169,400 +4.7% |
| 2004 | -- | $161,800 +5.1% |
| 2003 | -- | $153,900 -1.7% |
| 2002 | -- | $156,600 +10.5% |
| 2001 | -- | $141,700 -0.3% |
| 2000 | -- | $142,100 |
Find assessor info on the county website
Neighborhood: 99645
Nearby homes
- $489,5004 bd3 ba1.9k sqftL4 B4 West Esty Cir, Palmer, AK --Off Market
- $508,5004 bd3 ba2.2k sqftL2 B6 W Esty Cir, Palmer, AK --Off Market
- $512,400-- bd-- ba2.2k sqft1325 S Felton St, Palmer, AK 99645Off Market
- $503,9004 bd3 ba2.2k sqftL1 B3 Hidden Rnch, Palmer, AK --Off Market
- $483,5004 bd2 ba2k sqft1345 S Felton St, Palmer, AK 99645Off Market
- $487,6004 bd3 ba2k sqftL2 B4 South Felton St, Anchorage, AK --Off Market
- $518,6004 bd3 ba2.4k sqft1125 E Esty Cir, Palmer, AK 99645Off Market
- $482,8004 bd3 ba2k sqftL28 B3 South Felton St, Palmer, AK 99645Off Market
Nearby schools
GreatSchools rating
- NASwanson Elementary SchoolGrades: PK-2Distance: 1.7 mi
- 7/10Palmer Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10Palmer High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Sherrod/Swanson
- Middle: Palmer
- High: Palmer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$500,200
2% more
+$10,004
With Zillow Showcase(estimated)
$510,204
- Alaska
- Matanuska Susitna Borough
- Palmer
- 99645
- 1301 S Felton St
Nearby cities
Nearby zip codes
Other Palmer Topics
