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Browse All Palmer AK Between $500K - $600K Properties for Sale

5700 E Gershmel Loop, Palmer
$599,000
4 Beds ⋅ 4 Baths ⋅ 26-12948 MLS
Not a cookie-cutter house--this is an Alaskan original. Tucked out of sight on private acreage in the Palmer-Wasilla commute corridor, about 2.4 miles to the Mat-Su Regional Hospital, this remarkable custom home blends original log construction w/ soaring wood ceilings, expansive windows, exposed beams and logs, brick, and an extraordinary antique Franklin fireplace reported to date back to 1864. Built just over 50 years ago, the home has the kind of scale, warmth, and individuality that would be enormously expensive to recreate today. The dramatic vaulted great room is the heart of the house, surrounded by substantial natural wood and architectural character. Four bedrooms include two exceptionally large rooms, with remarkably generous walk-in closets, and every bedroom has its own gas fireplace--an almost unheard-of luxury that gives the home an unmistakably cozy Alaskan feel. And the interesting spaces just keep coming. There is a south-facing pass-through sunroom, a library/dining room area, a separate office or craft room, an unusual loft connecting the upstairs bedroom area, and several decks--including private decks accessed directly from bedrooms. One full bath plus three ¾ baths provide exceptional flexibility for a home of this size, and an attached two-bay garage completes the picture. Below the 4078 SqFt of finished main level and second floors is 1344 SqFt of unfinished daylight basement, opening another entire level of possibilities for storage, workshop space, hobbies, recreation, or future finishing. The home has recently undergone substantial preparation for market, including new flooring, refinished hardwood, some rooms with fresh paint, and completion of other work that has brought the property back to a fully livable condition while preserving the character that makes it special. Outside, the setting is equally unusual. The home sits privately at the top of a bluff and cannot be seen from the road, with readily usable land surrounding the homesite and glimpses of the surrounding mountains. The acreage continues below the bluff across Wasilla Creek and the railroad corridor, creating a property with layers, privacy, and potential long-term development possibilities beyond the immediate sub-dividable homesite. Some finishes still reflect the home's history, making this an especially compelling opportunity for the buyer who values authentic character and wants the freedom to update selectively.

5700 E Gershmel Loop, Palmer

Listing Office Jack White Real Estate Mat Su

L2 B1 N Cottage Knoll Drive, Palmer
$582,700
3 Beds ⋅ 2 Baths ⋅ 26-11915 MLS
Welcome to The Avery, designed for ranch-style living. $11,500 in Buyer Incentives on this 5-Star Plus Home! Offering approximately 1,611 sq ft of living space, this 3-bedroom, 2-bath home delivers an ideal balance of open space, privacy, and everyday livability. Equipped with an expansive four car garage and optional covered RV carport. The living room creates an immediate sense of volume and warmth. A cozy fireplace anchors the main living area, flowing seamlessly into the dining space and well-appointed kitchen--complete with a central island perfect for gathering, meal prep, and entertaining. The private primary suite is a true retreat, featuring a tray ceiling, generous natural light, and a spa-inspired ensuite with a walk-in closet, dual bathing options including a separate soaking tub and tiled walk-in shower, offering comfort and functionality in every detail. Two additional bedrooms are thoughtfully positioned for privacy and flexibility--ideal for guests, home office use, or family needs. A dedicated laundry room and ample storage throughout the home enhance daily convenience. $11,500 Buyer Incentives: -$1,500 closing-cost credit with the builder's preferred lender -$10,000 AHFC energy rebate (buyer applies once under contract) Located in North Village, a brand new subdivision in the heart of Palmer. Easy access to top-rated schools, shopping and a quick route to the highway when commuting to Anchorage. Paved streets, city water and high speed internet. Schedule a discovery meeting today and we can customize this home for you! Once the home is started we can complete in 5 months. Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

L2 B1 N Cottage Knoll Drive, Palmer

Listing Office Real Broker Wasilla

15145 E Alpine Circle, Palmer
$570,000
4 Beds ⋅ 3 Baths ⋅ 26-11444 MLS
Welcome to your future Alaska retreat in the heart of Butte. This beautiful new construction home by Elegant Homes offers the perfect balance of modern comfort, functional space, and the Alaska lifestyle buyers are searching for. Set among the trees with breathtaking mountain views, this thoughtfully designed two-story home features approximately 1,958 square feet and an oversized 865 sq ft 3-car garage - perfect for storing vehicles, outdoor gear, side-by-sides, snowmachines, and everything needed to enjoy year-round recreation. Inside, the open-concept main living area is designed to bring people together, with large windows that maximize natural light and capture the surrounding scenery. The kitchen features quartz countertops, custom cabinetry, a center island, and a walk-in pantry, flowing seamlessly into the dining and living spaces for easy entertaining and everyday living. Durable LVP flooring throughout the main areas offers both style and practicality for Alaska living. Upstairs, the private primary suite creates a peaceful retreat with dual vanities, a soaking tub, walk-in shower, and spacious walk-in closet. Additional bedrooms provide flexibility for guests, office space, or growing households. Located in Butte, this property places you near some of the Mat-Su Valley's most popular outdoor recreation areas, including nearby trail systems, hiking, snowmachining, ATV riding, and easy access toward Hatcher Pass adventures.

15145 E Alpine Circle, Palmer

Listing Office Signature Real Estate Alaska

2983 N Cottage Knoll Drive, Palmer
$548,300
3 Beds ⋅ 2 Baths ⋅ 26-10295 MLS
This modified Aurora Plans includes 1,660 sq ft of interior living space. $11,500 in Buyer Incentives on this 5-Star Plus Home! The open-concept main living area features a spacious living room with a centered fireplace and tray ceiling, seamlessly flowing into the kitchen with generous pantry storage--ideal for everyday living and entertaining. The private primary suite is a true retreat, offering ample space and a well-appointed en suite bath. Two additional bedrooms are thoughtfully positioned to maximize privacy and convenience. A mudroom entry enhances organization, while the attached 3 car plus 2 tandem garage provides plenty of storage. Featuring a 5*+ energy rating, this home delivers exceptional efficiency and year-round comfort for Alaska living. $11,500 Buyer Incentives: -$1,500 closing-cost credit with the builder's preferred lender -$10,000 AHFC energy rebate (buyer applies once under contract) Enjoy outdoor living on the covered deck, perfect for relaxing or entertaining year-round. Quality finishes includes custom cabinetry, quartz counters and a well-planned layout that balances open living with private spaces. A home designed for modern lifestyles in every detail. Located in North Village, a brand new subdivision in the heart of Palmer. Easy access to top-rated schools, shopping and a quick route to the highway when commuting to Anchorage. Level cul-de-sac with paved streets, city water and high speed internet. Schedule a discovery meeting today and we can customize this home for you! Once the home is started we can complete in 5-6 months. Looking for something different? Experience the quality craftsmanship and attention to detail that WM Construction is known for. Don't miss out on the opportunity to own an exceptional new home! Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

2983 N Cottage Knoll Drive, Palmer

Listing Office Real Broker Wasilla

L30 B2 N Cozy Nook Circle, Palmer
$540,000
3 Beds ⋅ 2 Baths ⋅ 26-9508 MLS
Modern farmhouse style meets everyday convenience in sought-after North Village! Ideally located just outside of downtown Palmer, you'll enjoy quick access to schools, shopping, dining, parks, and an easy commute to Wasilla, JBER, and Anchorage. $11,500 in Buyer Incentives on this 5-Star Plus Home! This beautifully designed cottage-style home offers 1,701 SF of thoughtfully designed living space plus approximately 809 SF of garage space. Featuring 3 bedrooms, 2 bathrooms, a dedicated office, walk-in pantry, mudroom, and an oversized 3-car garage, this home is built to complement the way you live. $11,500 Buyer Incentives: -$1,500 closing-cost credit with the builder's preferred lender -$10,000 AHFC energy rebate (buyer applies once under contract) This to-be-built home offers the rare opportunity to bring your own floor plan or select from one of the WM Construction floor plans that fits your vision. From spacious one-level layouts to larger family homes, each plan showcases exceptional craftsmanship, modern finishes. Reach out today to explore your options and secure your new home! Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

L30 B2 N Cozy Nook Circle, Palmer

Listing Office Real Broker Wasilla

L32 B2 N Maple Grove Circle, Palmer
$543,000
3 Beds ⋅ 2 Baths ⋅ 26-8887 MLS
Welcome to the Modified Annie Plan by WM Construction in the newly developed North Village Subdivision!, Offering a beautiful blend of modern style, quality craftsmanship, and comfortable living. This ranch-style home features an open-concept layout with spacious living areas, abundant natural light, 9-11' ceilings and a 3 car garage! The kitchen is designed to be the heart of the home, complete with modern cabinetry, generous counter space, and a large island that flows effortlessly into the dining and living areas--ideal for everyday living and entertaining. The private primary suite offers a peaceful retreat with a spacious ensuite bathroom and walk-in closet, while the additional bedrooms provide flexibility for guests, a home office, or growing households. Built to WM Construction's high standards and featuring a 5*+ energy rating, this home delivers exceptional efficiency and year-round comfort for Alaska living. Call today to see how easily you can apply for the $10,000 rebate program! Located in one of the Mat-Su Valley's desirable communities, you'll enjoy convenient access to schools, shopping, outdoor recreation, and an easy commute to both Wasilla and Anchorage. Estimated completion is subject to construction progress. Photos are of a similar home and may include optional upgrades. Depending on the stage of construction, buyers may still have the opportunity to select certain finishes and add their personal touch. Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

L32 B2 N Maple Grove Circle, Palmer

Listing Office Real Broker Wasilla

3325 N Sparrow Court, Palmer
$569,000
4 Beds ⋅ 3 Baths ⋅ 26-8082 MLS
2 house for the price of one in a prime Palmer location. This property is set up for generational living or additional income: a standalone MIL apartment sits completely separate from the main house, each with its own gas/electric meters and its own septic system (Main House installed 2020 & MIL Installed June 2026). The separation is real here. from the moment you walk the property, it feels like two completely different homes, not a shared lot. The main house (1,956 sqft, 4 bedrooms, 2 bathrooms) has been refreshed throughout: new LVP flooring, updated interior trim and doors, updated bathrooms, and a new stainless steel hood vent bring a clean, current feel to the kitchen. The kitchen showcases vintage Scheirich hand-finished cabinetry with brass hardware. Forced air keeps the home comfortable year-round, with a wood burning stove offering cozy supplemental heat through the winter months. Outside, a brand-new carport fits two cars, and a 12x16 greenhouse is ready for your seeds to grow into this season's crop. The MIL apartment (720 sqft, studio floor plan with bathroom) is fully independent; ideal for extended family, rental income, or multigenerational living without anyone feeling on top of each other. Vaulted ceilings give the space an airy, open feel, while plush carpet underfoot brings a warmth and comfort that make it feel like home from day one. A kitchenette with a stainless-steel sink, refrigerator, and electric stovetop means whoever's living here can truly live independently; no walking over to the main house for meals. Its own forced air system, septic system, and separate gas/electric meters means its fully independent. Total 2,676 sqft across both homes. Features at a Glance: Main House (1,956 sqft | 4 bed / 2 bath) -Brand new 2-car carport -New LVP flooring throughout -Updated interior trim -New interior bedroom doors & closet bi-fold doors -Updated bathrooms -Tile surround showers with niches -Upstairs bathroom features a jacuzzi tub -3 bedrooms feature blackout shades + 1 with standard shades -New stainless steel hood vent -Spotshield Stainless Steel Glass Rinser -Forced air heating system -Wood burning stove for supplemental heat MIL Apartment (720 sqft | Studio + Bathroom) -Fully separate from main house with private entrance -Metal Roof -2x6 construction -Studio open floor layout -Kitchen features: refrigerator, electric stove top, and stainless steel sink -Bathroom with shower -Feels like its own standalone property Utilities & Systems -Each unit metered separately (gas & electric) -Each unit has own septic system Outdoor -Carport that fits 2 cars -10x12 greenhouse -Mature landscaping: Rhubarb plant, raspberry bushes, Lilac bushes -True separation between structures

3325 N Sparrow Court, Palmer

Listing Office Tanner Group Premier Real Estate

L31 B2 N Cozy Nook Circle, Palmer
$540,000
4 Beds ⋅ 3 Baths ⋅ 26-4728 MLS
Modern design meets functional living in this thoughtfully laid-out two-story home offering 1,810 square feet of living space plus a 2-car garage. Welcomed by a grand entrance with 18' high ceilings, contemporary light fixtures and a modern butcher block bench with waterfall detail. Some of the best features on the first floor of this home include an oversized island, walk-in pantry, and seamless flow into the dining and living areas. Enjoy indoor-outdoor living with both a covered front porch and a rear porch ideal for relaxing or hosting guests. Upstairs, the private primary suite includes a walk-in closet and ensuite bath with dual vanities. Three additional bedrooms provide flexible space for guests, home offices, or growing households, along with a full shared bath. Convenient laundry access and ample storage throughout enhance everyday functionality. With modern lines, efficient use of space, and multiple outdoor living areas, this home offers comfort, style, and versatility ideal for today's lifestyle. Current status is to be built, once started it can be complete in 5 short months! Price includes 25K in upgrades. This home qualifies for up to a $10,000 from an energy rebate program! Buyer to confirm they qualify. Inquire to learn more! Looking for something different? WM Construction offers a wide selection of floor plans and is actively building in several desirable subdivisions across the Mat-Su Valley. Reach out today to explore your options and secure your new home! Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

L31 B2 N Cozy Nook Circle, Palmer

Listing Office Real Broker Wasilla

10457 E Heartland Loop, Palmer
$527,500
4 Beds ⋅ 3 Baths ⋅ 26-2932 MLS
Enjoy unobstructed views of Matanuska Peak from your very own living room! Introducing the Thompson floor plan by WM Construction a beautifully crafted 3-bedroom, 2.5-bath, two-story home offering 2,000 square feet of well-utilized living space. There is still time to customize this floor plan, or choose another! Homes can be built in 4-6 months! The open-concept main living area connects the kitchen, dining, and great room ideal for both everyday living and entertaining. The kitchen boasts ample counter space, centered island, a pantry for added convenience and access to the back deck. The private owner's suite is a true retreat, complete with a generous bedroom, en-suite bath complete with a walk-in shower and 6' soaking tub, and walk-in closet. Additional bedrooms are well-sized and thoughtfully positioned. Enjoy added flexibility with an office or fourth bedroom on the ground level near the first-floor three-quarter bathroom. Easily designed to fit your lifestyle needs. Built with quality craftsmanship and attention to detail, this home offers modern living in a layout that truly works. This home qualifies for up to a $10,000 energy rebate program! Buyer to confirm they qualify. Inquire to learn more! Looking for something different? WM Construction offers a wide selection of floor plans and is actively building in several desirable subdivisions across the Mat-Su Valley. Reach out today to explore your options and secure your new home! Photos are "photo similar" and represent a previously completed home of the similar floor plan. Images may depict upgrades, optional features, and design selections not included in the listed price. Buyers are advised to verify standard specifications and upgrade options with the builder.

10457 E Heartland Loop, Palmer

Listing Office Real Broker Wasilla

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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 Real Estate Company 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:

Between $500K - $600K Palmer Real Estate

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