1965 N Kentucky Derby Drive, Palmer AK 996451 / 48

$470,000

Originally $480,000

Active

1965 N Kentucky Derby Drive

Palmer AK 99645

Real Broker Alaska

3

Bedrooms

2

Bathrooms

1,392

Sq Ft

1985

Year Built

$338/sqft2-car garage0.53 acres lot

MLS# 26-3323· Listed Apr 3, 2026

Live MLS feed

About 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. The snow is melting, come see the grounds.

Documents & insights

5 to review

10 documents from current & prior listings · parcel #2946B03L023.

AI Summary

Summary of 10 documents from this property's current and prior listings. 5 items worth reviewing, plus 23 additional facts captured.

A sample of what's in the documents

Worth a lookCurrent listing

Engineer evaluation listed a known issue

The Engineer's Evaluation notes this item as a known issue. Exact wording from the document is quoted below.

Steel septic tank is 39 years old
View source — Engineer's Evaluation
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Property Details

Property TypeResidential
Full Baths2
Half Baths0
Garage Spaces2
ParkingAttached, Heated Garage, Tuck Under
Year Built1985
Lot Size0.53 acres
Parcel #2946B03L023
HOA Fee$250/Quarterly
MLS #26-3323

Heating

Forced AirNatural Gas

Interior Features

Washer &/Or Dryer HookupBR/BA on Main LevelSmoke Detector(s)Vaulted Ceiling(s)PantryMicrowave

Exterior Features

Covenant/RestrictionFire Service AreaGarage Door OpenerHome Owner Assoc.Road Service AreaRV ParkingIn City LimitsTrailsidePaved Driveway

Appliances

DishwasherDisposalRefrigerator

Flooring

Carpet

Sewer

Septic Tank

Price & Status History

4/18/2026
Price reduced
$470,0000.0%
$338/sqft
Source: AKMLS #26-3323
4/3/2026
Listed for sale
$470,000+2.2%
$338/sqft
Source: AKMLS #26-3323
10/11/2024
Sold
$459,900
$330/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Rene' C Kennicott · Real Broker Alaska

Alaska MLS

© 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 May 2026.

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Greg Shepard

Greg Shepard

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $47,000
Interest rate7.0%
Loan term30 years

$2,814/mo

$423,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Greg Shepard

Dream Makers

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