471 N Bailey Street, Palmer, Alaska 99645

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$?
List Price
$399,900
Status
CLOSED
Days on Market
10
Closing Date
Jun 16, 2026
MLS#
26-5052
Subtype
Residential
Style
Split Level
Construction Status
Existing Structure
Year Built
1970
Bedrooms
5
Bathrooms
3
Full Baths
2
Lot Size
7,405
Acres
0.17
Subdivision
1D - Matanuska Susitna Borough
Neighborhood
Pa - Palmer

Property Description

Endless possibilities in this almost 2500 sqft 5 bedroom/ 3 bath home with stunning mountain views! Separate entry to the lower level allows for the opportunity to turn the downstairs into an ADU for income potential or generational living! Begin the journey through this unique home full of charm and various updates, with the heated arctic entryway perfect for Alaskan weather and accessories. Travel upstairs to soaring ceilings with tongue and groove, exposed beams and a skylight above the kitchen. Natural light is plentiful through the abundance of windows with panoramic mountain views! Flow through the kitchen with plenty of cupboards and counterspace into the dining space with real hardwood floors and enter the warm and inviting living room with a wood burning fireplace! Step out of the double doors and onto the large deck where you can grill, entertain, sip morning coffee and enjoy the backyard- complete with a new shed and matching woodshed stacked to the top with split wood. Mature landscaping, fenced in yard, raised garden beds and even an adorable and well loved playhouse completes this outdoor sanctuary. Back inside the top floor is where 3 of the 5 bedrooms are and they are generous in size. The primary suite contains a private updated bathroom, ceiling fan and mirrored double closet doors. Additional closet/storage space throughout the home adds to its charm and convenience. Adventure down into the daylight basement where the use of an expansive bonus room has unlimited potential for play, hobbies, games, exercise or just lounging. Tucked back behind the bonus room is the 4th bedroom that would also be perfect for a private office. The opposite side of the bonus room is the 5th large bedroom with space that could be sectioned off into an ADU, privacy for a teen or turned into a Mother in law apartment. The third full bathroom has been fully updated with modern finishes and a jetted tub. Additional walk in closet space off of the bathroom has the potential to be a sauna or additional laundry room if one was to turn this space into an ADU. The updates to this home are plentiful, including recent new plumbing and heating and roof repairs, newer carpet and paint. However, there is still room for some sweat equity and improvement! Come explore this amazing home for yourself and discover all the possibilities!

Additional Information

Interior Features
Den &/Or Office, Electric, Fireplace, Washer &/Or Dryer Hookup, BR/BA on Main Level, Jetted Tub, Ceiling Fan(s), Smoke Detector(s), Vaulted Ceiling(s), Laminate Counters, BR/BA Primary on Main Level
Exterior Features
Fire Service Area, Road Service Area, View, In City Limits, Paved Driveway, Private Yard
Property Description
Split Level
Zoning
R1 - Single Family Res (re: Cities Palmer/Wasilla)
Heating
Baseboard, Radiant, Natural Gas
Roof
Asphalt, Composition, Shingle
Parking Features
None
Elementary School
Sherrod/Swanson
Middle School
Palmer
High School
Palmer
View
Mountain(s), Unobstructed

Listing Office Signature Real Estate Alaska

Sold listing courtesy of Keller Williams Realty Alaska Group of Wasilla

board logo

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 High Caliber Realty 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. Listing last updated:

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks