555 S Lower Road, Palmer, AK 99645 (MLS# 24-7324)

555 S Lower Road, Palmer, AK 99645

$615,000
Property Type: Business Opportunity Square Footage: 2,783 Lot Size (sq. ft.): 86,249 Status: Closed
Current Price: $615,000 Last Modified: 2/13/2026

Overview

Description

APPRAISED @ $675,000 - Successful Well & Septic!! Two Historic 1935 Colony Barns haylofts transported & fully remodeled onto New Construction (2023) buildings totaling just under 3000sq ft. 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.

Supplements: All the hard work has been done for you! 9000sq ft of beautiful sod lawn laid, the transport & installation of the 40ft silo, this property is nothing short of spectacular! The large barn upper level 1024sq ft with a 16x32 walking deck, half bath with a second set of stairs for a second back side entry location. It has its original barn wood rafte ...

Listing Details MLS# 24-7324

Contract Info

Price-List
615000
Date-Listing
2024-06-17

Sold Info

Date-Pending
2025-11-24
Date-Closing
2026-02-11

Location Tax and Legal

Area
PA - Palmer
Street #
555
Directional
S
Street Name
Lower
Arterial
Road
Closest USPS Town
Palmer
State
AK
Zip Code
99645

Property Info

Realtor.com Type
Commercial
Construction Status
Existing Structure
Type of Property
Land & Building
SF-Res
2783
Floors - # of
2
SF-Lot
86248.8
Lot Area Source
Tax Authority
Acres
1.98
Zoning
UNZ - Not Zoned-all MSB but Palmer/Wasilla/Houston
Year Built
2023

Directions and Remarks

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

Building Info

Building Status
Vacant

More Information

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1D - Matanuska Susitna Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
WA09
Legal
Wilderness Acres L12 B3

To Show

ShowingTime
Yes

Business Type

B & B
Yes
Professional Service
Yes
Other
Yes

Listing Terms Financing

AHFC
Yes
Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Exterior Finish

Log
Yes
Metal
Yes
Wood
Yes

Heating

Baseboard
Yes
Electric
Yes
Natural Gas
Yes
Radiant
Yes
See Remarks
Yes

Roof Type

Metal
Yes

Foundation

Poured Concrete
Yes

Flooring

Other
Yes
See Remarks
Yes

Access

Dedicated Road
Yes
Paved
Yes

Sewer

Septic Tank
Yes

Water Source

Private
Yes
Well
Yes

Features-Commercial

On-Site Parking
Yes
Wtrfnt-Access Nearby
Yes
Other - See Remarks
Yes

Docs Avl for Review

Docs Posted on MLS
Yes

Property Features

Business Type: B & B; Professional Service; Other Heating: Baseboard; Electric; Natural Gas; Radiant; See Remarks Exterior Finish: Log; Metal; Wood Roof Type: Metal Flooring: Other; See Remarks Foundation: Poured Concrete Features-Commercial: On-Site Parking; Wtrfnt-Access Nearby; Other - See Remarks Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan Access: Dedicated Road; Paved Sewer: Septic Tank Water Source: Private; Well To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS
IDX
Listing Office: Signature Real Estate Alaska
Last Updated: February - 13 - 2026
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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