Above $1 Million Palmer AK Real Estate, Homes, Condos for Sale

Breathtaking views of Knik Glacier and the Knik River, serene landscaping and peaceful living abound on this 29 acre parcel. There are four custom built log cabins and an additional high end, spacious tiny home. All cabins have views, character and charm! There are 3 wells and 3 septics that provide the solid infrastructure needed to ensure the comforts of living in the country side.

10442 S Dock Circle, Palmer

Listing Office Coastal Heritage Properties

$1,159,000

4 Beds ⋅ 3 Baths ⋅ 26-12442 MLS

Stunning 2,710 SF home, huge 2400 sg ft finished shop with RV bay. Spacious 4 bedrooms, 2.5 baths and upstairs family room. Slate tile entry, LVP flooring, beautiful fireplace with built-ins, chef's kitchen with 5-burner cooktop, walk-in pantry, under-cabinet lighting. Spacious primary suite offers tiled 2-head shower, soaking tub, dual vanities and walk-in closet. Covered 16x20 deck, RV parking, 6918 N. Jeremiel Circle $30,000 of upgrades in this beautiful must see home! Lot 7, Block 4, Phase II - Arc Angel Ridge Square Footage " House Living: 2,710 SF " House Garage: 1,310 SF " Shop: 40x60 (2,400 SF) Perfect for car collectors, wood working, working on your car, storing you motorhome. " Two 12'x14' and one 14'x10' stained overhead doors (2" thick, R-18.5) with side-mount motors " 2x8 walls w/R-30 insulation, R-60 in ceiling " 6" thick concrete slab " Two 3'0" x 6'8" man doors " 18 high bay lights, 2 fans, ample plugs, welder outlet, exterior soffit lights to match house " Drywall finished and painted interior " Siding to match the house " Bathroom with 5' shower, toilet & vanity " Plumbed for washer & electric dryer " Hot & cold-water bib " Utility sink " On-demand water heater " Two 60,000 BTU unit heaters (1 for backup) Additional Shop & Upgrade Items " Siding all 4 sides - metal and rock in the front " Soffit lighting in front " Extra garage man door " Main electric to back of house for generator " House security lights - 3 sides " Additional soffit lights " Pantry plugs " Upgraded fireplace - $10,000 " Composite decking - front & back - $1,500 " Rough-in water softener - $500 " Extra footing for shop floor - $1,000 " 2 acre lot - $40,000 additional " Under counter lights - $1,500 " Driveway - $15,000 additional HOUSE FEATURES " Upgraded fireplace with plug-on top and built-in shelving on each side " Large walk-in pantry with 8' countertop and butcher block shelving " Under-cabinet lighting in kitchen and master bath " Lighted crown molding in living room & master bedroom " Lockers & benches in entry of house and garage " Exterior soffit lights, security lighting, camera plugs " RV plug " Christmas plugs under eaves " 4 Bedrooms | 2½ Baths | 2 bedrooms upstairs " Double vanity with separate shower & toilet room " 16x16 upstairs living room/family room " Entry slate tile flooring " Master bath custom tiled shower (2 heads) " 6' drop-in soaking tub (tiled) " His & hers 54" vanities " Linen closet " Separate toilet room with outlet for bidet " Large walk-in closet with ample shelving " Toe-kick lighting under vanities " Lighted mirrors " LVP flooring in kitchen, pantry, living room & front bedroom/office " 2" thick R-18.5 garage door with custom stain and windows " Pre-plumbed water softener " 16x20 covered back deck " Covered front deck with seating area This home qualifies for AHFC New Construction $10,000 Rebate Buyer to verify all information

6918 N Jeremiel Circle, Palmer

Listing Office Keller Williams Realty Alaska Group

$1,550,000

26-10697 MLS

Own a remarkable piece of Palmer history with the Hyland Hotel, a truly one-of-a-kind property located in the heart of downtown Palmer. As Palmer's oldest hotel and a property listed on the National Register of Historic Places, the Hyland Hotel offers a rare opportunity to own a landmark woven into the story of the community. Eight beautifully appointed rooms and suites, each named for a Palmer colonist or early Alaskan settler, all with private baths. Floor plan is available with a breakdown of each suite layout. Located directly on W. Evergreen Avenue with prime visibility and walkability to downtown shops, restaurants, and City Hall. This is a genuinely turnkey operation: the renovation is complete, the brand is established, guest reviews are excellent, and revenue has grown steadily since reopening. Building offers approx. 3,520 sq. ft. across three levels plus a 240 sq. ft. detached garage, on a 0.25 acre downtown lot. A rare chance to own a piece of Matanuska Colony history with the hard work already done.

333 W Evergreen Avenue, Palmer

Listing Office Signature Real Estate Alaska

$1,117,569

4 Beds ⋅ 5 Baths ⋅ 26-10691 MLS

Established over 35 years ago, Sumner Company Homes has quietly, steadily, carefully built a reputation for constructing high quality durable homes of the latest style, using the latest proven technologies and materials.

540 N Hale Circle, Palmer

Listing Office Keller Williams Realty Alaska Group of Wasilla

$1,650,000

26-9841 MLS

Own instead of lease in downtown Palmer. Palmer Business Plaza is a 12,100 SF corner office building on a 0.58-acre hard corner with parking on both sides. 15 flexible suites, several renovated & turnkey, ~74% available to occupy now. Recent roof, two new rooftop HVAC units, remodeled restrooms. Optional lease income offsets ownership cost. Priced at $136/SF, below replacement.

634 S Bailey Street, Palmer

Listing Office Jack White Commercial

$1,225,000

6 Beds ⋅ 6 Baths ⋅ 26-9168 MLS

A truly exceptional Alaskan property situated on 1.61 acres, offering refined living, income potential, and extraordinary space for vehicles, aircraft, and recreational toys. The estate features a 3,413-square-foot primary residence with an attached 820-square-foot three-car garage, a detached 814-square-foot accessory dwelling unit with an impressive 1,977-square-foot three-car garage complete with kitchenette and three-quarter bath, a 1,232-square-foot hangar/shop, and an 18-by-20-foot heated greenhouse. The elegant primary residence offers four bedrooms and three-and-a-half bathrooms, with a thoughtfully designed main level featuring the primary suite, laundry room, private office, formal dining room, inviting living area, and spacious eat-in kitchen. In-floor heat adds comfort throughout the main level. Upstairs, two bedrooms share a Jack-and-Jill bathroom, while the fourth bedroom includes a private ensuite. The detached ranch-style ADU offers open-concept living, a gas fireplace, in-floor heat, two bedrooms, and a full bathroom. With its own septic system and separate gas and electric meters, the ADU has operated as a successful income-producing rental. The attached garage also includes a separate laundry area and an additional three-quarter bathroom, creating exceptional flexibility for guests, tenants, hobbies, or workspace. The hangar/shop is equipped with sliding doors, extensive shelving, and electricity. Just outside, a paved landing pad provides space for helicopter takeoffs and landings. Beautifully established grounds showcase remarkable views of Pioneer Peak, mature landscaping, abundant parking, and an 18-by-20-foot heated greenhouse. There is ample room for RVs, boats, trailers, and nearly every recreational toy imaginable. Other updates include a generator, new carpet and some fresh paint.

3318 S Charming Valley Loop, Palmer

Listing Office RE/MAX Dynamic Properties

$1,700,000

26-8021 MLS

Built-out freestanding QSR with drive-through in Palmer, next to Fred Meyer. 3,740 SF on 0.87 acres, built 2000. Turn-key second-generation restaurant--hoods, grease interceptor, walk-ins, plumbing, drive-through & indoor play in place--saving major buildout cost vs. new construction. Supply-constrained Mat-Su market. Also for lease $2.50/SF/mo NNN. Buyer to verify.

401 W Evergreen Avenue, Palmer

Listing Office Jack White Commercial

$1,599,000

26-7673 MLS

An exceptional multifamily investment opportunity in the heart of downtown Palmer! This extensively remodeled sixplex features six spacious 2-bedroom apartments generating $136,800 in annual gross rental income. Nearly every aspect of the property has been updated, offering investors an income-producing asset without the extensive renovations typically associated with older multifamily properties. Each unit features a beautifully updated kitchen, modern bathroom, new flooring, contemporary finishes and its own washer and dryer. Extensive improvements include new windows, doors, siding, lighting, heaters, on-demand water heaters and updated common areas. Conveniently located in downtown Palmer, near shopping, dining and everyday amenities, this property combines a desirable rental location with substantial recent capital improvements. Tenants pay their own electricity, helping reduce owner-paid operating expenses. An opportunity to acquire six extensively renovated rental units in one transaction. Rent roll and operating expenses available to qualified buyers. Schedule your private showing today!

609 S Cobb Street, Palmer

Listing Office Keller Williams Realty Alaska Group of Wasilla

$1,899,000

5 Beds ⋅ 6 Baths ⋅ 26-6271 MLS

Exceptional Private Finger Lake Estate in ideal central location w/ views! 6721sf home on 5 acres w/ attached garage + detached unfinished shop w/ 1135sf apt above! Custom home has soaring ceilings, designer kitchen, in-floor heat, multiple living areas, two kitchens, huge walk-out MIL apartment, guest quarters, large deck, & dock on 150ft of lake frontage. Fruit trees, greenhouse, paved drive. - 6721sf home - walk-out ADU apartment - guest quarters with separate entry - 1023sf attached garage - 1391sf detached unfinished shop - 1135sf unfinished apartment above shop - Custom floors, lighting, trim, cabinets, railings, bathrooms, etc. - In-floor heat on all three floors - Granite countertops throughout - Open balcony - 24x24 deck overlooking lake and mountain views - 10' ceiling on main floor - 9' ceiling on upper floor - 5 acres - dock with 150 feet of lake frontage - fully paved driveway - extensive paving throughout property - landscaping, with fruit trees and wildflowers - 10x12 greenhouse

6251 E Chickadee Drive, Palmer

Listing Office Advantage Alaska Real Estate

$1,350,000

26-5656 MLS

Alaska Artisan Coffee represents a rare opportunity to acquire a fully integrated Alaska coffee business with over 30 years of operating history, established brand recognition, and a loyal customer following. This offering includes the business operations, furniture, fixtures and equipment, and the underlying real estate -- creating a true turnkey investment in one of Alaska's most recognizable independent coffee brands. Founded and operated with a focus on quality, consistency, and community connection, Alaska Artisan Coffee has built a long-standing reputation within the local market. The business benefits from decades of goodwill, repeat clientele, established operational systems, and a recognizable presence that would take years to replicate organically. Included in the sale is a comprehensive package of commercial coffee roasting and production equipment, allowing a new owner to continue operations seamlessly from day one. The real estate component further strengthens the investment by providing long-term operational stability and the opportunity to control both the business and its physical location. With over three decades of successful operation, Alaska Artisan Coffee stands as a legacy business positioned for its next chapter of growth and stewardship.

4576 S Glenn Highway, Palmer

Listing Office Jack White Commercial

$1,350,000

26-5653 MLS

Alaska Artisan Coffee represents a rare opportunity to acquire a fully integrated Alaska coffee business with over 30 years of operating history, established brand recognition, and a loyal customer following. This offering includes the business operations, furniture, fixtures and equipment, and the underlying real estate -- creating a true turnkey investment in one of Alaska's most recognizable independent coffee brands. Founded and operated with a focus on quality, consistency, and community connection, Alaska Artisan Coffee has built a long-standing reputation within the local market. The business benefits from decades of goodwill, repeat clientele, established operational systems, and a recognizable presence that would take years to replicate organically. Included in the sale is a comprehensive package of commercial coffee roasting and production equipment, allowing a new owner to continue operations seamlessly from day one. The real estate component further strengthens the investment by providing long-term operational stability and the opportunity to control both the business and its physical location. With over three decades of successful operation, Alaska Artisan Coffee stands as a legacy business positioned for its next chapter of growth and stewardship.

4576 S Glenn Highway, Palmer

Listing Office Jack White Commercial

$4,250,000

26-5478 MLS

Dream opportunity for large centrally located commercial buildings with many partially developed acres for expansion. This 40-acre parcel, with over 15,344 feet of shop/office/living space, located less than 1 mile west from downtown Palmer. (see more/addendums) Just South of the Palmer Wasilla Highway and outside of Palmer City limits. The parcel itself is mostly level with 2 elevated areas providing excess gravel which could be extracted and sold. Owner's suggestions for future use include subdivision for 1 to 2 acre commercial lots and/or residential or multi-family lots with easy commute to Anchorage. Previously this versatile property was used for helicopter maintenance, aviation business, heavy equipment repair and training center, lay down yard, storage, gravel extraction and is presently being used as a custom industrial machine shop with high end motor repair facility. This parcel has been improved to include: The Main Building - Built in 1989, 11,000 sq. ft. 2 story steel framed, hangar, office, breakroom and 2.25 baths. The hangar/shop area is approximately 5,200 sq. ft., 2 overhead doors and 6-ton bridge crane/hoist. 50'x18' Schweiss bifold hangar door was added in 2014-2015 The concrete addition was built in 2014-2015, extended off the main structure and open access from the main shop. 2,200 sq. ft on two levels The office/living areas are approximately 3,600 sq. ft., on two levels. Consisting of a beautiful, 1 bedroom apartment, modern and fully functional completely remodeled upper floor including full kitchen, washer and dryer hookups, etc,. Upgrades include deck off upper level with commanding view of Pioneer Peak, 2 interior staircases, breakroom, professional, quiet and well laid out office area with half bath with lots of natural light. This property is serviced by natural gas (Enstar), electric (MEA) and telephone (MTA). Approximately 4+ acres is chain link fenced in with two access gates. One gate is powered and operated by remote, the other is a manual gate. This fence was installed approximately 5 years ago. The North side of the parcel is encumbered by a 50' access easement on the adjacent parcel, East side, 15' MEA easement inside property line, South side 40' MEA Easement inside property line, West side 50' access easement that runs approximately 550' of the property line and 15' MEA Easement located inside the property line. There is an additional 502 X 402 private access easement extending further south of the public access easement off Local 302 Road. (See attached As Built) Hemmer road project will be purchasing a 30x100 easement on the east and southern borders . This will give the new owners subdividable land with easy access to Palmer/Wasilla Highway. See additional information under documents. Local 302 Road consists of larger parcels to include commercial applications and vacant land. The buildings have metal roofs. The siding is mainly metal and concrete block, the enclosed exterior metal staircase has been completed and Enstar relocated the gas meter to an outside wall. The Second Building - Built in 1980, steel skinned 3,200 sq. ft. shop/warehouse with a 24' X 56' recent addition (1,344 sq. ft.), for a total of 4,544 sq. ft. Approximately 800 sq. ft. of office area, 800 sq. ft. mezzanine storage area. Approximately 3,944 sq. ft. of shop/warehouse space with 2 bathrooms and is well laid out for any type of shop work There is extensive paved/concrete and gravel parking near the buildings. There is a 70' X 80' concrete pad installed, ready for further building expansion. Local 302 Road is gravel to the main building's concrete pad. Buildings are serviced by separate efficient natural gas forced air heating units. The larger Shop/ warehouse is heated with 2-3 Reznor Modine shop heaters, shop extension, forced air furnace, lower and upper office area. Shop/Warehouse - 3 Reznor Modine shop heaters, forced air furnace on mezzanine to heat office space with 2 well pressure tanks installed. External hot water heaters. Both the Shop/Warehouses are serviced by the same well and septic. The well is 60' deep, 4 gallons per minute, drilled 6/22/89 and retested 9/14/12. Well log attached for your review. Septic installed in 9/89, 1500-gallon tank with a seepage bed. Septic Installation documents, attached for your review. Since ownership, the tenant has updated the electric additional outlets, ran additional electrical lines and added additional phase 3 power outlets for machinery. PLEASE do not drive onto the property, outside of an appointment!

1415 N Local 302 Road, Palmer

Listing Office Real Estate Brokers of Alaska

$1,699,000

26-3692 MLS

One-of-a-kind destination property on the shores of Matanuska Lake, featuring over 660ft of prime lake frontage, breathtaking panoramic views of both the Talkeetna and Chugach Mountains as well as over 660ft of highway frontage. This established lakeside campground offers the perfect opportunity for hospitality, recreation, or investment in one of the Mat-Su Valley's most scenic settings. The property includes a welcoming dining lodge, cozy cabin, two efficiency apartments, executive suite with full bath, and a mix of tent and RV sites with a variety of hookups to accommodate seasonal travelers and outdoor enthusiasts. Bonus: Independently operated, Asian-cuisine restaurant in the commercial kitchen. Guests can enjoy direct lake access, stunning mountain vistas, and the peaceful atmosphere that keeps visitors returning year after year. Successful restaurant operates on site as well. Property has two septic systems. One is 4BR tank, the other is a large commercial tank. 36 RV Sites: 17 Full hook-up (water, sewer and electric) 7 with W/E 12 with electric 17 Tent Sites Ideally located with easy highway accessibility, this property is just minutes from Palmer and Wasilla, and offers a convenient commute to Anchorage. Whether you're expanding a tourism portfolio or pursuing a lifestyle investment, this rare lakeside property combines natural beauty, functionality, and income potential in a highly desirable location.

4466 S Glenn Highway, Palmer

Listing Office Keller Williams Alaska Advisors

$1,500,000

26-3402 MLS

3 Parcels of land bordering Palmer-Wasilla HWY with excellent visibility and endless development opportunity. Bordered by Felton Dr and Irwin Lp. Gravel lots with access points. General commercial. Call for more information.

1100 E Palmer-Wasilla Highway, Palmer

Listing Office Elite Real Estate Group

$1,800,000

26-3133 MLS

Watch the video...58 acres of beautiful farmland right on the edge of Palmer. Fantastic mountain views. Over 2,500 feet of frontage on the Glenn Highway, 800 feet of frontage on Palmer Fishhook Road, and 1,200 feet of frontage on Archie Road. There is a caretaker on the property, do not go in the driveway without prior permission.

4450 N Glenn Highway, Palmer

Listing Office Valley Market Real Estate

$1,067,254

3 Beds ⋅ 4 Baths ⋅ 26-894 MLS

This beautifully laid-out home offers an open-concept main living area that maximizes space, light, and functionality. A 3 Car Garage and RV Bay allows for extensive parking for vehicles. The kitchen flows seamlessly into the dining and living areas, making it ideal for everyday living and entertaining alike. Well-proportioned bedrooms provide comfort and privacy, while the primary suite features a spacious layout designed as a relaxing retreat. Smart storage solutions and efficient use of square footage enhance the home's livability throughout. Located in the desirable North Village community, this plan blends contemporary style with practical design, offering the opportunity to personalize finishes and make it your own. Whether you're looking for low-maintenance living or a flexible layout that fits your lifestyle, this home delivers comfort, quality, and timeless appeal.

9970 E Vista Ridge Circle, Palmer

Listing Office Real Broker Wasilla

$3,195,000

25-7833 MLS

This Property is one of the most unique Properties in the Mat-Su Valley. it has almost 32 acres of Prime Commercial or High end Residential use. It is Zoned Commerical General which allows many kinds of uses. Public Water, and Sewer, Natural Gas, and MEA Electric to edge of the Property.

Tr 1 S Margaret Drive, Palmer

Listing Office Keller Williams Realty Alaska Group of Wasilla

$1,299,900

25-7818 MLS

Tract A is a newly Subdivided 10.38 acre lot. It is Zoned Commerical General. ( Commerical General offers Many different possible uses) Partially cleared lot, with outstanding Views of the MatSu Valley and the Mountains beyond.)

Tr A S Margaret Drive, Palmer

Listing Office Keller Williams Realty Alaska Group of Wasilla

$2,300,000

25-2796 MLS

Unique opportunity to purchase a prime, commercial, corner lot at the controlled intersection of the Palmer - Wasilla Hwy. and Trunk Road. This highly visible 4.2 acre lot has a substantial amount of excess gravel material on it. There is 3 phase electrical power on a pole next to the eastern boundary of the property. Located in the middle of the ''core'' area with yearly increasing traffic counts.

8351 E Palmer - Wasilla Highway, Palmer

Listing Office Elite Real Estate Group

$1,585,000

5 Beds ⋅ 5 Baths ⋅ 25-2336 MLS

A rare Palmer estate combining authentic custom log construction, 6,400 square feet of flexible living space, and sweeping views of Pioneer Peak, the Twin Sisters, and Palmer Hay Flats. With the potential for multigenerational living, entertaining, and working from home, this five-bedroom residence features expansive gathering spaces, versatile bonus rooms, in-floor radiant heat, & lots of storage

5794 E Morning Mist Drive, Palmer

Listing Office Keller Williams Realty Alaska Group of Wasilla

$2,700,000

21-9671 MLS

Currently this is a USDA approved-''Alaska Meat'' meat processing/slaughterhouse facility. The Business is available as a whole on-going business or will sell just real estate and disassemble business, . would make a climate controlled, great self-storage, shipping facility, etc. Equity Owner is retiring and moving out of state. appx 3.5ac w/.5a under roof, across from state fair

385 E Outer Springer Loop, Palmer

Listing Office High Caliber Realty, Inc

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Above $1 Million Palmer Real Estate

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