555 S Lower Rd Palmer, AK 99645
Property details
About 555 S Lower Rd
Two Historic 1935 Colony Barns haylofts transported & fully remodeled onto New Construction buildings totaling just under 3000sq ft. Conveniently 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. 9000sq ft of beautiful sod lawn, the transport & installation of the 40ft silo this property SEE MORE is nothing short of spectacular! Use it as a business, venue, event center, youth camp site, B&B or residential home! 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 & gorgeous metal roofing. 1024sq ft with a 16x32 walking deck, half bath with a second set of stairs for a second back side entry location. 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 barn features a kitchen, living room, full bathroom and upper-level bedroom, shiplap walls, luxury vinyl plank & tile flooring, original colony windows for accent and on the exterior is the original 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 is also being featured on American Dream Television in Summer 2025!!!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Flooring Type: Luxury Vinyl Plank, Tile
- Total Bedroom Count: 3
- Attached Garage: No
- List Price: $649,000
- Price/SqFt: $233
- Annual Tax Amount: $923
- Tax Year: 2024
- 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
- Year Built: 2023
- Living Area: 2,783 SqFt
- Lot Size: 1 Acres
- 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: 6/7/2025, 1:40:27 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
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Price information
Property sales
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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. The most common annual income of people living in Palmer, AK is between $35k-100k. The majority of families are married, no kids. Residents of this area typically 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
Frequently asked questions
About 555 S Lower Rd
The listing price of 555 S Lower Rd property is $649,000.
The property 555 S Lower Rd is a multi located in Palmer, Alaska, 99645.
Active Listing: 555 S Lower Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 555 S Lower Rd are: Pioneer Peak Elementary School (GreatSchools Rating 6/10), Finger Lake Elementary School (GreatSchools Rating 4/10), Machetanz Elementary School (GreatSchools Rating 6/10), Birchtree Charter School (GreatSchools Rating 5/10), Colony Middle School (GreatSchools Rating 4/10), Fronteras Charter School (GreatSchools Rating 7/10), Mat-Su Middle College School (GreatSchools Rating 8/10), Colony High School (GreatSchools Rating 7/10), Mat-Su Career & Tech Education High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $923 (source: MLS/based on county public records data).
The property 555 S Lower Rd is 2,783 SqFt (source: MLS/tax record).
The year of construction for 555 S Lower Rd is 2023.
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.
In May 2025 in Palmer, AK there were 3.9% more homes for sale than in April. In May 2025, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $450,000.