$819,00012 bd · 8 ba · 5,772 sqft
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1 / 29SUNLIGHT
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Estimate for Oct 19, 3:43 AM: the sun is below the horizon.
Terrain only — trees, buildings and weather aren’t included. About this estimate
Terrain and sun-exposure estimates are modeled from public elevation data at or near the listing coordinates. They may not reflect the exact building location, trees, nearby structures, snow, recent grading, shoreline or glacier change, weather, or atmospheric conditions. Site elevation and sunlight times are approximate. This is not MLS data, a land survey, a solar-site assessment, an appraisal, or a guarantee of sunlight. Verify site conditions and solar suitability with qualified professionals.
Active
15955 E Ptarmigan Road
Palmer AK 99645
Ptarmigan Terrace
Realty ONE Group Aurora
12
Bedrooms
8
Bathrooms
5,772
Sq Ft
1985
Year Built
$142/sqft01.07 acres lot
MLS# 26-7521· Listed Jun 22, 2026
Live MLS feedAbout This Home
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.
Property Details
Property TypeResidential Income
Full Baths8
Garage Spaces0
ParkingNone
Year Built1985
Lot Size1.07 acres
SubdivisionPtarmigan Terrace
Legal DescriptionPtarmigan Terrace L8 B1
Parcel #3028B01L008
Annual Taxes$9,053 (2025)
MLS #26-7521
Heating
Natural Gas
Sewer
Septic Tank
View
Mountain(s)
Equal Housing Opportunity
Listed by: James Sickler · Realty ONE Group Aurora
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Mortgage Estimate
Down payment10% · $81,900
Interest rate7.0%
Loan term30 years
$4,904/mo
$737,100 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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