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Pending
  • Price cut: $85K (7/16)
    $1,150,000

    5823 E Morning Mist Dr, Palmer, AK 99645

    4beds
    5,002sqft
    : 
    $7,156/mo
    Get pre-qualified
    Single Family Residence
    Built in 1998
    1.04 Acres Lot
    $1,125,100 Zestimate®
    $230/sqft
    $-- HOA

    What's special

    Breathtaking chugach mountain viewsExpansive view deckSurround soundWet barCustom jetted tubTiled wall accentsWalnut floors
    Experience luxury living in Clouds Rest with breathtaking Chugach Mountain views. This custom estate offers 5,000sq ft, designer-curated interiors, walnut floors, and a chef's kitchen. Entertain in the walk-out lower level or relax on the expansive view deck. 3-car garage + 1,728 sq ft shop. Furnishings & decor available on separate bill of sale--turnkey luxury opportunity. See supplement...Welcome to one of Clouds Rest's most exceptional custom residences--where breathtaking Chugach Mountain views, timeless design, and elevated living come together in a truly unforgettable home. Built by Sumner Construction and thoughtfully curated throughout, this over 5,000 sq. ft. home offers 4 bedrooms, 3 full bathrooms, 2 half bathrooms, and a 3-car attached garage, in addition to an impressive 1,728 sq. ft. detached shop with RV doors and a finished mezzanine--perfect for hobbies, storage, or a collector's space. Inside, the home feels more like a boutique luxury retreat than a traditional residence. From the rich walnut flooring and custom stonework to the copper sink, quartz window sills, and designer finishes throughout, every detail has been intentionally selected. The spacious kitchen is designed for both everyday living and entertaining, featuring GE Café appliances, double ovens, tile countertops, and a walk-in pantry. The primary suite is perfectly positioned to capture stunning mountain views and offers a true spa-like experience with a custom jetted tub, tiled wall accents, and a heated towel bar. Formal living and dining spaces add elegance, while the large laundry room provides ample storage and functionality. The walk-out basement is an entertainer's dream, complete with a wet bar, surround sound, and generous open space ideal for hosting. With a separate entrance and plumbing already in place to convert the bathroom to a full bath, the lower level offers flexibility for guests, multi-generational living, or private retreat space. Step outside to extensive, fully paved parking, mature landscaping, and a large deck off the breakfast nook--perfect for taking in the unobstructed Chugach Mountain views. Additional features include a Generac generator system, triple-pane windows, and a storage shed. Located in the premier Clouds Rest subdivision, this home offers a desirable commute location with convenient access to Anchorage and nearby medical facilities. Owners prefer to sell the home fully furnished, with all furnishings and décor available on a separate bill of sale--offering a rare turnkey luxury opportunity. This is more than a home--it's a lifestyle.
    86 days
    |
    647
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Devon Doran,

    Signature Real Estate Alaska

    Source: AKMLS,MLS#: 26-4814MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Forced Air
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Basement, Ceiling Fan(s), Den &/Or Office, Family Room, Granite Counters, Pantry, Soaking Tub, Tile Counters, Wet Bar, Storage
      • Flooring: Carpet, Ceramic Tile, Hardwood
      • Windows: Window Coverings
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 5,002
      • Total interior livable area: 5,002 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 8
      • Parking features: Garage Door Opener, Paved, RV Access/Parking, Attached, Detached, No Carport
      • Attached garage spaces: 8
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: Inlet, Mountain(s)
      • Has water view: Yes
      • Water view: Inlet
      • Waterfront features: None, No Access
      Lot
      • Size: 1.04 Acres
      • Features: Covenant/Restriction, Fire Service Area, Landscaped, Corner Lot, Road Service Area
      • Topography: Gently Rolling,Level
      Details
      • Parcel number: 4584B02L003
      • Zoning: UNK
      • Zoning description: Unknown (re: all MSB)

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1998
      • Major remodel year: 2008

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private
      • Utilities for property: Electric, Cable Available

      Community & HOA

      Location
      • Region: Palmer

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $940,900
      • Annual tax amount: $8,233
      • Date on market: 5/3/2026
      • Road surface type: Paved

        Estimated market value

        $1,125,100

        $1.07M - $1.18M

        $4,336/mo

        Price history

        DateEventPrice
        7/28/2026Pending sale$1,150,000$230/sqft
        Source: AKMLS #26-4814 Report a problem
        7/16/2026Price change$1,150,000-6.9%$230/sqft
        Source: AKMLS #26-4814 Report a problem
        6/11/2026Price change$1,235,000-5%$247/sqft
        Source: AKMLS #26-4814 Report a problem
        5/3/2026Listed for sale$1,300,000$260/sqft
        Source: AKMLS #26-4814 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,234 -0.7%$940,900 +45.3%
        2024$8,293 +5.9%$647,419 +4.1%
        2023$7,829 -3.6%$622,200 +6.3%
        2022$8,122 +10.6%$585,100 -16.2%
        2021$7,344 +8.8%$697,900 +8%
        2020$6,748 +3.2%$646,100 +2.6%
        2019$6,542 +5.5%$629,700 +3.2%
        2018$6,200 -12.9%$610,200 +1%
        2017$7,115 $604,000 0%
        2016$7,115 $604,300 +25.9%
        2015$7,115 $480,100 +1.5%
        2014$7,115 $473,000 +0.7%
        2013-- $469,900 +1.6%
        2012-- $462,700 +3.9%
        2011-- $445,400 -12.6%
        2010-- $509,500 -4%
        2009-- $530,500 -5.3%
        2008-- $560,400
        2007-- $560,400 +18.6%
        2006-- $472,500 +5%
        2005-- $449,800 +18.9%
        2004-- $378,200 +10.7%
        2003-- $341,500 +74.2%
        2002-- $196,000 +12.7%
        2001-- $173,900 -45.8%
        2000-- $320,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99645

        Getting around

        1 / 100
        Car-Dependent
        2 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Machetanz
        • Middle: Colony
        • High: Colony

        Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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