2003 N Penny Lane, Palmer, AK 99645 (MLS# 25-972)

2003 N Penny Lane, Palmer, AK 99645

$650,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,316 Lot Size (sq. ft.): 83,740 Status: Closed
Current Price: $650,000 Last Modified: 6/18/2025

Overview

Description

1.92 Acres, Huge Shop, Horse Property, NO HOA, just outside Palmer city limits, 2 bed MIL Apt, Mezzanine above in shop currently set up as entertainment area w/theatre, pool table, game table & bar area. Multi Family or Residential investment property. 1600 Sq ft home built in 1996 & shop w/MIL built in 2021. Wood stove, fenced yard & shed. 2400 Sq Ft 40x60 Shop w/14' & 16' doors. new roof 2024

Listing Details MLS# 25-972

Location Legal and School Info

Area
PA - Palmer
Street #
2003
Directional
N
Street Name
Penny
Arterial
Lane
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Contract Info

Price-List
650000
Date-Listing
2025-01-29
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-05-22
Date-Closing
2025-06-18

Property Info

Realtor.com Type
Residential - Single Family
Property Attached/Common Walls
No
Construction Status
Existing Structure
Beds
5
Bathrooms Full
3
Bathrooms Total
3
SF-Res
2316
Year Built
1996
Garage Spaces
8
SF-Gar
1440
SF-Lot
83740
Lot Area Source
Plat
Acres
1.92
Zoning
UNK - Unknown (re: all MSB)
Bathrooms Half
0
Bathrooms Three Quarter
0
Carport Spaces
0

Remarks and Directions

Directions
Heading N on Glenn toward Palmer Turn L at Palmer Wasilla Hwy, R at Hemmer, R at E Palmer Moose Dr, R at Penny Ln, home at end of road on left.

Mortgage Info

EM Minimum Deposit
6700

More Information

Location, Legal, and School Info

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
PA05
Tax ID
4753B01L003B-2
School-Elementary
Sherrod/Swanson
School-Middle
Palmer
School-High
Palmer
Legal
Hanscenic Estates RSB L3 B1 L3B-2 B1

Residential Type

B & B Potential
Yes
Single Family Res
Yes

To Show

ShowingTime
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Wood
Yes

Heating

Forced Air
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Composition
Yes
Shingle
Yes

Construction Type

Wood Frame
Yes

Foundation Type

Block
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

Attached
Yes
Detached
Yes
Heated
Yes
Tandem
Yes
Other-See Remarks
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Luxury Vinyl
Yes
Tile
Yes

Floor Style

Two-Story Tradtnl
Yes

Features-Interior

Ceiling Fan(s)
Yes
CO Detector(s)
Yes
Electric
Yes
Pantry
Yes
Smoke Detector(s)
Yes
Washer &/Or Dryer Hookup
Yes
Wood Stove
Yes
Quartz Counters
Yes
Wood Counters
Yes

Appliances

Range
Yes
Oven
Yes
Microwave
Yes
Refrigerator
Yes
Dishwasher
Yes

Features-Additional

Deck/Patio
Yes
Fire Service Area
Yes
Garage Door Opener
Yes
Horse Property
Yes
Landscaping
Yes
Poultry Allowed
Yes
Road Service Area
Yes
RV Parking
Yes
Shed
Yes

Water Source

Private
Yes
Well
Yes

Dining Room Type

Area
Yes

Sewer Type

Septic Tank
Yes

Docs Avl for Review

CC&R's
Yes
Docs Posted on MLS
Yes

Property Features

Residential Type: B & B Potential; Single Family Res Construction Type: Wood Frame Exterior Finish: Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Block Floor Style: Two-Story Tradtnl Garage Type: Attached; Detached; Heated; Tandem; Other-See Remarks Carport Type: None Heating: Forced Air Sewer Type: Septic Tank Water Source: Private; Well Dining Room Type: Area Features-Interior: Ceiling Fan(s); CO Detector(s); Electric; Pantry; Smoke Detector(s); Washer &/Or Dryer Hookup; Wood Stove; Quartz Counters; Wood Counters Appliances: Range; Oven; Microwave; Refrigerator; Dishwasher Flooring: Carpet; Luxury Vinyl; Tile Features-Additional: Poultry Allowed; Deck/Patio; Fire Service Area; Garage Door Opener; Horse Property; Landscaping; Road Service Area; Shed; RV Parking Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None To Show: ShowingTime Listing Terms Financing: Cash; Conventional; FHA; VA Loan Docs Avl for Review: CC&R's; Docs Posted on MLS
IDX
Listing Office: Elite Real Estate Group
Last Updated: June - 18 - 2025
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 the site owner are marked with 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. Site contains live data.

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