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471 N Bailey St, Palmer, AK, 99645

5beds
3baths
2,496sqft
$399,900
$160price/sqft
$2,572/moest. monthly cost
$102,880/yrincome needed

About This Home

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!

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
59
BikeBikeable

Schools

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Swanson Elementary SchoolGrades PK-20.5 mi
7/10
Palmer Middle SchoolGrades 6-81.3 mi
4/10
Palmer High SchoolGrades PK,9-120.9 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Block
  • Roof: Asphalt,Composition,Shingle
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Features

  • BR/BA on Main Level,BR/BA Primary on Main Level,Ceiling Fan(s),Den &/Or Office,Family Room,Laminate Counters,Vaulted Ceiling(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Hardwood,Laminate,Linoleum
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Fireplace(s),Baseboard,Natural Gas,Radiant

Interior Area

  • Total structure area: 2,496
  • Total interior livable area: 2,496 sqft

Property

Details

  • Parcel number: 5021B11L023
  • Zoning: R1
  • Zoning description: Single Family Res (re: Cities Palmer/Wasilla)

Features

  • Levels: Split Entry
  • Patio & porch: Deck/Patio
  • Exterior features: Private Yard
  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Mountain(s),Unobstructed
  • Waterfront features: None,No Access
  • Topography of land: Level,Sloping

Lot

  • Lot size: 7,405 sqft
  • Features: Fire Service Area,City Lot,Road Service Area,Views

Parking

  • Parking features: Paved,No Garage,No Carport
  • Has uncovered spaces: Yes