1 / 45$470,000
Originally $480,000
1965 N Kentucky Derby Drive
Palmer AK 99645
Real Broker Alaska
3
Bedrooms
2
Bathrooms
1985
Year Built
MLS# 26-3323· Listed Apr 3, 2026
Live MLS feedAbout This Home
Completely rebuilt from the studs, this beautifully renovated home offers the look and feel of new construction without the wait. Major upgrades include all-new PEX plumbing, furnace, water heater, insulation, sheetrock, texture, interior paint, lighting, hardware, switches, and plumbing fixtures such as tub surrounds, toilets, and sinks. The home also features new bath vanities, countertops, door trim, baseboards, and a combination of carpet and laminate flooring throughout. The spacious kitchen has been fully redesigned with oversized cabinetry, granite countertops, and brand-new appliances, creating a modern and functional centerpiece for the home. Situated on a generous ½-acre lot, the property offers a private backyard and is set back from Kentucky Derby Drive, providing added privacy and a desirable setting. While the roof was replaced by a previous owner (date unknown), the home is move-in ready and ideal for immediate occupancy.
Property Details
Interior Features
Exterior Features
Appliances
Flooring
Sewer
Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Documents & insights
10 documents from current & prior listings · parcel #2946B03L023.
Summary of 10 documents from this property's current and prior listings. 5 items worth reviewing, plus 15 additional facts captured.
What the seller reported about utilities
The property is serviced by a community water system, which delivered an average flow rate of 7. 4 gpm during testing with an immediate recovery time. The septic system uses a 1000-gallon steel MatSu tank (installed 5/12/85) and a 6' x 30' deep trench absorption system; the system appears to be operating as designed, though the tank is 39 years old.
Source: Test Worksheet · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
What are the most important things a buyer should know about this property from the documents?
The property is subject to mandatory homeowners association membership with annual assessments of $200.00, and it is governed by protective covenants, conditions, and restrictions that include requirements for single-family residential use and prohibit on-site water wells.
“Assessments due the HOA are $200.00 per annum, payable October of each calendar year.”
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Documents on this listing
Documents from prior listings(1) · sign in to open
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Listed by: Rene' C Kennicott · Real Broker Alaska
© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated April 2026.
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Mortgage Estimate
$2,814/mo
$423,000 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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