1985 N Kentucky Derby Drive, Palmer, Alaska

$419,900 REDUCED 7%
  • $419,900
  • 5
  • 3
  • 3,540
  • .54
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Prestigious and Custom Hillside Ranch in Equestrian Acres. This home built in 2001 offers more than desired when it comes to the larger family. (see amendments/more)With 5 bedrooms and 3 full bathrooms – situated in approximately 3540 square feet, the owner has shown an abundance of pride in ownership! Starting with a custom glass front door, travertine tile through the main area including entry, kitchen, hallway and bathrooms. Kitchen offers large island, a tremendous amount of counter and storage, breakfast bar with pendant lighting, black granite counter tops, white cabinets finished with crown molding, custom tile back splash behind the stainless steel sink, custom faucet and a breakfast nook to relax while enjoying the ambiance! Enter into the formal dining area with access to the over sized deck 18x10, with framed pergola, living room provides a relaxed feeling with gas fireplace surrounded by slate tiles and built in hearth, custom wall unit, upper indirect lighting and newer carpet. Walk through multi-purpose/office/utility room with access to over sized, deep 2 car garage with opener and shelving included. Walk past the open rail staircase as you enter the two bedrooms and guest bathroom. Large master suite with indirect lighting, master bathroom offers walk in shower, jetted tub with glass block and tiled surround, multi-level counter space with full mirrored cabinet and over sized lighted walk in closet with plenty of built ins along with drawers. As you enter downstairs to the daylight basement, you walk into a beautiful family room with gas fireplace, glass door to back deck (48X10), laminate style flooring, 2 large bedrooms with walk in closets, full bath, open the door to underside of the home to the beautifully laid out, media/exercise/craft/additional family room - it's like a whole new living space Fully landscaped yard, tiered steps, rock gardens, several trees and in a great location with easy access to Palmer/Wasilla. So many upgrades, light fixtures, ceiling fans, flooring, carpet in living room, black out blinds, new fireplace surround, glass, quartz window seals in living and kitchen, furnace 2 years old, gas heater on lower level, landscaping and so much more. Seller has improved this property since her purchase, must really see to appreciate. I Really LOVE this home

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Essential Information

  • MLS® # 18-18946
  • Price $419,900
  • Bedrooms 5
  • Bathrooms 3.00
  • Square Footage 3,540
  • Acres 0.54
  • Year Built 2001
  • Type Residential
  • Sub-Type Single Family Res
  • Style Hlsd Rnch/Dlt Bsmnt
  • Status Active
  • # of Garages 2
  • Annual Tax Amount $4,232
  • Tax Year 2018

Community Information


  • Features Cable TV, Covenant/Restriction, Deck/Patio, DSL/Cable Available, Fenced Yard, Fire Service Area, Garage Door Opener, Home Owner Assoc., Landscaping, Paved Driveway, Private Yard, Road Service Area, RV Parking
  • Garages Attached, Heated
  • Waterfront None


  • Interior Features Basement, BR/BA on Main Level, Carpet, Ceiling Fan(s), CO Detector(s), Dishwasher, Family Room, Fireplace, Freezer-Stand Alone, Granite Countertops, Jetted Tub, Laminate Flooring, Range-Downdraft, Refrigerator, Security System, Smoke Detector(s), Telephone, Vaulted Ceiling, Washr&/Or Dryer Hkup, Window Coverings
  • Heating Forced Air, Radiant
  • Has Basement Yes
  • Basement Finished
  • Fireplace Yes


  • Exterior Vinyl
  • Roof Asphalt/Comp Shingle
  • Construction Wood Frame - 2x6
  • Foundation Concrete Block

School Information

Additional Information

  • Date Listed November 21st, 2018
  • Days on Market 93
  • Zoning UNK - Unknown (re: all MSB)
  • HOA Fees 150.00
  • HOA Fees Freq. Yearly

Listing Details

  • Listing Office: Century 21 Realty Solutions - Alaska Premier Group


  • $/SqFt $119

Price & Status History

Date Details
Price Reduced from $449,900 to $419,900

Neighborhood Information

High Residential Turnover, Coastal Area

  • Icon of money $640,000

    Median Price

  • Icon of a grid layout $190

    Median Price/Sqft

  • Icon of a bar graph 98.80%

    Sale/List Ratio

  • Icon of a house 460

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 18.51″

    Annual Precipitation

  • Icon of a sun 22.30°F /65.50°F

    Avg. Highs -

  • Icon of a cloud and moon 7.80°F /46.60°F

    Avg. Lows -

  • Icon of a group of people 26,658

    PopulationBased on Nearest ZIP Code

  • Icon of a person 32

    Median Age

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Listing information last updated on February 22nd, 2019 at 2:49am AKST.