Map
Listed price in listed location currency (USD).
$488,500

434

MLS® 26-5769

Overview

Key Facts

Type 
Levels Residential
Size -
Garage Yes
Taxes $4,536
Days Active 0
Lot Size 
Approx. Age 1986
MLS® Number 26-5769

Property Address: 8861 E Lexington St, Palmer, AK, 99645-9327

Average square foot calculated using Size range provided by listing agent.

Description

Rare Midtown Estates property in a prime Palmer-Wasilla commute location! Spacious 4BR home with additional finished rooms offering flexible living space, stunning mountain & northern lights views, award-winning gardens, mature fruit trees, fireplace, and incredible landscaping. Community park nearby with new pickleball courts coming soon. Extra appliances and garage shelving included. Located in the highly desirable Midtown Estates area, this property offers one of the best commute locations in the Mat-Su Valley with convenient access to Palmer, Wasilla, Anchorage, Eagle River, Chugiak, Big Lake, and nearby military bases. While officially marketed as a 4-bedroom home due to septic capacity, the home offers additional finished rooms that provide exceptional flexibility for offices, dens, playrooms, workout rooms, hobby spaces, guest areas, or whatever best fits a homeowner's needs. Inside, you'll find solid wood doors throughout the home, adding warmth and quality craftsmanship. The home also features a fireplace, creating a comfortable and inviting atmosphere during Alaska winters. The sellers are also including a substantial amount of additional value with the sale, including multiple appliances and storage features such as deep freezers, extra refrigerators, washer and dryer units, and garage shelving. The exterior of this property is truly one-of-a-kind. The grounds feature incredible mature landscaping and gardens that have been meticulously maintained over the years. The property includes two extraordinarily large chokecherry trees believed to be among the largest in Alaska, along with five mature crabapple trees that consistently produce oversized fruit in abundance. The crabapples have reportedly earned Alaska State Fair recognition multiple years in a row. Additional outdoor highlights include mature raspberry bushes, towering rose bushes surrounding the home, expansive yard space, and breathtaking mountain views in nearly every direction. The property also offers incredible northern lights viewing opportunities, as shown in the listing photos. A community park is located just down the street and visible from the property, with new pickleball courts currently being added this summer, making this neighborhood even more desirable for recreation and community living. This is a rare opportunity to own a truly established property with character, flexible living space, mature landscaping, exceptional views, and one of the most convenient locations in the Valley.
MLS® Number26-5769
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1986
Basement
DrivewayAttached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 21, 2026List Date
$488,500List Price

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