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6235 N Wolverine Rd, Palmer, AK, 99645

4beds
4baths
3,264sqft
$625,000
$191price/sqft
$4,497/moest. monthly cost
$179,880/yrincome needed

About This Home

Discover the best of Alaska living on just over 5 acres on Lazy Mountain. This well maintained spacious home offers two separate living areas, a large bonus room, and two flex rooms perfect for offices, hobby space, or extra storage- ideal for families or multi-generational living.This property features a separate dwelling unit with 2 bedrooms, 1 full bathroom, kitchenette and washer/dryer -perfect for rental income or hosting visiting friends and family. Outdoor amenities include over an acre of previously organic farmed vegetable gardens with water access, excellent farming potential for small-scale agriculture, or creating your own homestead. The property also features a spacious greenhouse with water and electric for extending the growing season. An RV pad with septic hookup, water, and electric making it perfect for hosting visitors or providing additional income opportunities. With its blend of acreage, functionality, and modern comforts all in a peaceful mountain setting this Lazy Mountain estate offers the best of Alaska living. Don't miss the chance to make it yours.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
Butte Elementary SchoolGrades PK-58.2 mi
7/10
Palmer Middle SchoolGrades 6-84.5 mi
4/10
Palmer High SchoolGrades PK,9-124.3 mi

Construction

Condition

  • Year built: 1977

Materials

  • Foundation: Concrete Perimeter
  • Roof: Asphalt,Shingle
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2021

Type & Style

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

Interior

Appliances

  • Appliances included: Washer &/Or Dryer
  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Arctic Entry,BR/BA Primary on Main Level,Den &/Or Office

Heating

  • Heating features: Electric,Floor Furnace,Oil

Interior Area

  • Total structure area: 3,264
  • Total interior livable area: 3,264 sqft

Property

Details

  • Parcel number: 5473000L001
  • Attached to another structure: Yes
  • Zoning: UNZ
  • Zoning description: Not Zoned-all MSB but Palmer/Wasilla/Houston

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Has view: Yes
  • View description: Mountain(s),Unobstructed
  • Waterfront features: None,No Access
  • Topography of land: Level
  • Horses can be raised: Yes

Lot

  • Lot size: 5.19 Acres
  • Features: Horse Property,Poultry Allowed,Road Service Area

Parking

  • Parking features: RV Access/Parking,No Garage,No Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheVery High
  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Cold Wave
Inland Flooding
Landslide
Lightning
Wildfire

FEMA Declared Disasters in Matanuska-Susitna Borough and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance $189$2,268
Property Taxes $604$7,248
Electricity $544$6,529
Total$4,497$53,964

Income You'd Need if You Spent...

35% on housing$154,182/yr
40% on housing$134,910/yr
45% on housing$119,920/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$191This listing

vs Other Active Listings

Avg $/sqft

ZIP 99645$233
Matanuska-Susitna Borough$208

vs Homes Sold Last Month

Median $/sqft

ZIP 99645$270
Matanuska-Susitna Borough$241

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-14Price change$625,000
2026-04-04Price change$754,999
2026-02-05Price change$769,999
2025-11-19Listed for sale$780,000
2022-01-25Sold--
2021-11-30Pending sale$479,000
2021-11-29Price change$604,000
2021-11-29Listed for sale$479,000
2019-04-25Sold--
2018-11-29Pending sale$100,000
2018-11-15Price change$100,000
2018-08-22Price change$130,000
2018-08-03Listed for sale$150,000

For Sale by Agent

AgentAshley Kornfeind
BrokerageJack White Real Estate Mat Su

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