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15955 E Ptarmigan Road, 
Palmer, AK 99645

$859,000


12

Beds


8

Baths


5,772

Sq Ft


Multi-Family

Active

Listed by

James Sickler

Realty One Group Aurora

907-312-7663

Last updated:

August 2, 2026, 11:10 PM

MLS#

26-7521

Source:

AK AMLS

About This Home

15955 E Ptarmigan Road

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.

Home Facts

Multi-Family

8 Baths

12 Bedrooms

Built in 1985

Price Summary

859,000

$148 per Sq. Ft.

MLS #:

26-7521

Last Updated:

August 2, 2026, 11:10 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

12

Bathrooms

Total Bathrooms:

8

Full Bathrooms:

8

Interior

Living Area:

5,772 Sq. Ft.


Structure

Structure

Building Area:

5,772 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

46,609


Finances & Disclosures

Finances

Price:

$859,000

Price per Sq. Ft:

$148 per Sq. Ft.

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The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms 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 content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated August 3, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.