15955 E Ptarmigan Road
Palmer, AK 99645
12
Bed
8
Bath
5,772Sqft
1Acre(Lot)
Lazy Mountain 8 plex is located in a great area and has gorgeous mountain views from each of the 2-BR upper units (4 units). It has been professionally managed and gross rents are $8220 with room to increase with more updates. Additionally, one unit (#3) is currently a storage room but could be completed to use as a 9th rental unit. Priced to sell quickly! Over $60,000 invested in new septic system and new water filtration system. Newer water heaters & boiler. Vinyl siding, newer flooring. Some units more updated than others. All units except one are metered individually and pay for their own power. Current owner pays for natural gas heat and it is not metered individually.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 8 Full Baths: 8 -
Roofing Information
Asphalt, Tile, Composition -
Interior Features
Roof: Asphalt, Tile, Composition -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas
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Building Information
Year Built: 1985 Building Area Total: 5772 Construction Materials: Block, Vinyl Siding Private Pool: No View: Mountain(s)
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Lot Information
Main Square Feet: 1 Acres Lot Size Acres: 1.07 Lot Size Square Feet: 46609 Lot Description: Rolling Slope, Sloped, Level
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Listing Price Information
Listing Price: $899000 Cash, Conventional
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Tax Information
Parcel Number: 3028B01L008 Tax Year: 2025 Annual Tax: $9052.57 Tax Legal Desc: Ptarmigan Terrace L8 B1
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Parking Information
None
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School Information
Elementary School: Sherrod/SwansonJunior High School: PalmerSenior High School: Palmer -
Location Information
Direction: From Palmer, Arctic Ave across Matanuska River to Clark-Wolverine Road, Left on Ptarmigan. WaterSource: Private, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10114 E Vista Ridge Cir.., Palmer, AK, 99645 | $662,200 | 4 | 3 | -- | |
| 17935 E Woods Drive, Palmer, AK, 99645 | $100,000 | 1 | -- | -- | |
| 10362 N Hatcher Flight .., Palmer, AK, 99645 | $839,000 | 3 | 2 | -- | |
| 11701 E Norman Avenue, Palmer, AK, 99645 | $279,500 | 3 | 2 | -- | |
| 4501 N Slumber Drive, Palmer, AK, 99645 | $820,000 | 4 | 3 | -- | |
| 17000 E T And T Lane, Palmer, AK, 99645 | $673,000 | 3 | 2 | -- | |
| 15701 E Clark Road, Palmer, AK, 99645 | $395,000 | -- | -- | -- | |
| 8461 N Michaelson Street, Palmer, AK, 99645 | $655,000 | 4 | 3 | -- | |
| 6055 N Blinker Circle, Palmer, AK, 99645 | $740,000 | 3 | 4 | -- | |
| 9911 N Runyon Circle, Palmer, AK, 99645 | $899,000 | 3 | 3 | -- |
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ByOwner last updated this listing 07/06/2026 @ 16:14
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