$554,000

1301 S Felton Street, Palmer, AK 99645

4 beds |
4 baths |
2,716 sqft

Single-Family Home
Built in 1976
5acre lot
3 car garage
$204/sqft
Listed 5 days ago

Property Description

Rare 5-Acre Oasis in Palmer with 4-Bedroom Home and Huge Shop! Seller Financing Available. Property allows for the construction of a second home with an approved Accessory Dwelling Unit (ADU) permit from the City of Palmer. Welcome to your private retreat in the heart of Palmer! This spacious 4-bedroom, 3.5-bathroom home sits on a stunning 5-acre lot within city limits, offering the perfect blend of space, privacy, and convenience. Whether you're looking for room to roam or are interested in future development, this property is a rare find. Enjoy the entire parcel or explore the potential to subdivide into smaller lots. Seller Financing available with 20% down payment, 30-year amortization, 5-year balloon, and 6% interest. The home boasts a thoughtful layout, comfortable living areas, and ample space for everyone. Step outside to take in the expansive views and tranquil setting, ideal for gardens, animals, or simply enjoying some breathing room. A massive shop/garage is also included, perfect for all your projects, storage, or business needs. Don't miss this unique opportunity to own acreage and space in one of Palmer's most desirable areas!

Listing Status:: Active
Date Added:: February 4, 2026
Data Last Updated:: February 10, 2026 at 3:37AM
Listing Office:: Realty ONE Group Aurora : 907-312-7663
MLS ID:: 26-1046

Flooring: Luxury Vinyl
Heating: Forced AirElectricNatural Gas

Style: Split Level
Parking: Detached

Roofing: Metal
General: Wood FramePoured Concrete

Road/Access: Dedicated RoadPavedMaintained
Originating MLS: Alaska Multiple Listing Service

Zoning: T - Transitional (re: City Palmer)T17NR02ES05 C01617N02E05C016

Sewer: Public Sewer

Source: Alaska Multiple Listing Service

This listing courtesy of Realty ONE Group Aurora

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Academy Charter School

801 E Arctic Ave, Palmer, AK, 99645

Grades KG-8

1.71 miles away

Palmer Jr. Middle School

1159 S Chugach St, Palmer, AK, 99645

Grades 6-8

0.84 miles away

Palmer High School

1170 W Bogard Rd, Palmer, AK, 99645

Grades 9-12

0.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.