471 N Bailey Street, Palmer, AK 99645 (MLS # 26-5052)

Price $399,900
Status Active
Beds 5
Baths 3 Baths
Home size 2,496 sqft
Lot Size 7,406 sqft
Days on Market 2
Endless possibilities in this almost 2500 sqft 5 bedroom/ 3 bath home with stunning mountain views! Separate entry to the lower level allows for the opportunity to turn the downstairs into an ADU for income potential or generational living! Begin the journey through this unique home full of charm and various updates, with the heated arctic entryway perfect for Alaskan weather and accessories. Travel upstairs to soaring ceilings with tongue and groove, exposed beams and a skylight above the kitchen. Natural light is plentiful through the abundance of windows with panoramic mountain views! Flow through the kitchen with plenty of cupboards and counterspace into the dining space with real hardwood floors and enter the warm and inviting living room with a wood burning fireplace! Step out of the double doors and onto the large deck where you can grill, entertain, sip morning coffee and enjoy the backyard- complete with a new shed and matching woodshed stacked to the top with split wood. Mature landscaping, fenced in yard, raised garden beds and even an adorable and well loved playhouse completes this outdoor sanctuary. Back inside the top floor is where 3 of the 5 bedrooms are and they are generous in size. The primary suite contains a private updated bathroom, ceiling fan and mirrored double closet doors. Additional closet/storage space throughout the home adds to its charm and convenience. Adventure down into the daylight basement where the use of an expansive bonus room has unlimited potential for play, hobbies, games, exercise or just lounging. Tucked back behind the bonus room is the 4th bedroom that would also be perfect for a private office. The opposite side of the bonus room is the 5th large bedroom with space that could be sectioned off into an ADU, privacy for a teen or turned into a Mother in law apartment. The third full bathroom has been fully updated with modern finishes and a jetted tub. Additional walk in closet space off of the bathroom has the potential to be a sauna or additional laundry room if one was to turn this space into an ADU. The updates to this home are plentiful, including recent new plumbing and heating and roof repairs, newer carpet and paint. However, there is still room for some sweat equity and improvement! Come explore this amazing home for yourself and discover all the possibilities!
Property Type(s): Single Family
Last Updated 5/7/2026 Year Built 1970
Community 1D - Matanuska Susitna Borough County Matanuska-Susitna Borough

SCHOOLS

Elementary SchoolSherrod/Swanson
Jr. High SchoolPalmer
High SchoolPalmer

Additional Details

AIRCeiling Fan(s)
AIR CONDITIONINGYes
APPLIANCESDishwasher, Refrigerator
AREA1D - Matanuska Susitna Borough
CONSTRUCTIONFrame, Wood Siding
EXTERIORPrivate Yard
FIREPLACEYes
HEATBaseboard, Natural Gas, Radiant
INTERIORCeiling Fan(s), Laminate Counters, Master Downstairs, Vaulted Ceiling(s)
LOT7405 sq ft
LOT DESCRIPTIONGentle Sloping, Level, Sloped
LOT DIMENSIONS7405.2
PARKINGPaved, None
SEWERPublic Sewer
STYLESplit Level
VIEWYes
VIEW DESCRIPTIONMountain(s)
WATERPublic
Listing Office: Signature Real Estate Alaska
Alaska MLS

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