555 S Lower Rd Palmer, AK 99645
Property details
About 555 S Lower Rd
What originally started out to be a great ''Alaskan Barn Rescue'' quickly turned into the perfect space for a multifamily space- Detached Duplex or Wedding venue, along with a year-round event space for graduations, birthdays, office parties, weekly company meetings or just about anything you could imagine. Start generating income on this property right away! COMING SOON! What originally started out to be a great ''Alaskan Barn Rescue'' quickly turned into the perfect space for a wedding venue, along with a year-round event space for graduations, birthdays, office parties, weekly company meetings or just about anything you could imagine. Use it as a rental for an Instant Income generating property or heck, live in it and... make it your forever home with a mother-in-law apartment, this property can be YOUR OYSTER! Two Historic 1935 Colony Barns, fully remodeled. Conveniently situated between Palmer and Wasilla on almost 2 unrestricted acres. With 236ft of Pond frontage & 9000sq ft of beautiful sod lawn, this property is nothing short of spectacular! All the grueling hard work has been done to restore and remodel these unique pieces of history, including the installation of the 40ft silo! With quality and creativity in mind, the large barn upper level has its original barn wood that has been professionally sand blasted, luxury vinyl plank flooring, custom lighting fixtures, light trex deck, log siding, original galvanized s panel & metal roofing. Over 1000sq ft with a 16x32 walking deck, half bath with a second set of stairs for a back side entry location. The lower level has two bedrooms, two baths, full living room & kitchen with 20mil commercial grade luxury vinyl plank flooring, 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 smaller second barn features a kitchen, living room, full bathroom and upper-level bedroom, shiplap walls, luxury vinyl plank & tile flooring, original colony windows and on the exterior is the original and uniquely 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) Join us on June 22nd for our OPEN HOUSE and view this uniquely Alaskan property yourself!!
Highlights
Summary
- MLS Number: 24-7082
- MLS Name: Alaska Multiple Listing Service
- Office Name: Signature Real Estate Alaska
- Office Phone: (907) 631-3033
- Office Email: devonthomasak@gmail.com
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 this broker are marked with either the listing brokerage’s logo or 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 9:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,000
555 S Lower Rd
$7,707
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $72,100 | $923 |
| 2023 | $70,000 | $880 |
| 2022 | $69,400 | $963 |
| 2021 | $66,600 | $1,019 |
| 2020 | $67,200 | $1,059 |
| 2019 | $66,900 | $1,068 |
| 2018 | $67,600 | $1,068 |
| 2017 | $70,000 | $1,106 |
History based on county public records data.
Nearby schools
6
Pioneer Peak Elementary School
Public District KG-5
2.2 mi
•1959 N Stringfield Rd
4
Finger Lake Elementary School
Public District KG-5
2.2 mi
•5981 E Eek St
6
Machetanz Elementary School
Public District KG-5
2.4 mi
•4961 E Nelson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,390. Residents of Palmer, AK typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Soccer
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Dillards
Where do the neighbors go to eat?
Texas Roadhouse
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
Subaru
GMC
Cadillac
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
This home is located at 555 S Lower Rd in Palmer, AK and zip code 99645. This 2,783 square foot home, which was built in 2023, sits on a 1.00 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $649,000.
The number of listings in Palmer, AK decreased by 19.3% between January and February 2025. In February 2025 median list price was $439,700 and the average listing age was 89 days.