$859,000
$40K PRICE DROP

Estimated payment $5,435/month

Total Views 1,676
12 Beds
8 Baths
5,772 Sq Ft
$149 Price per Sq Ft

About 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.

Listing Agent

James Sickler

Realty ONE Group Aurora License #169310 Listed on: 06/22/2026

Realty ONE Group Aurora

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,053

Year Built

  • Built in 1985

Lot Details

  • 1.07 Acre Lot
  • Level Lot

Home Design

  • 5,772 Sq Ft Home
  • Block Foundation
  • Tile Roof
  • Composition Roof
  • Asphalt Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Parking

  • 9 Parking Spaces
  • 9 Open Parking Spaces

Schools

  • Sherrod/Swanson Elementary School
  • Palmer Middle School
  • Palmer High School

Utilities

  • Septic Tank

Additional Features

  • Property Views

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,053

Year Built

Built in 1985

Lot Details

1.07 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.07
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Paved, Maintained
  • Directions: From Palmer, Arctic Ave across Matanuska River to Clark-Wolverine Road, Left on Ptarmigan.
  • New Construction: No
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Full Bathrooms: 8
  • Total Bedrooms: 12
  • Living Area: 5772

Exterior Features

  • Lot Features: Level, Rolling Slope
  • View: Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Block
  • Foundation Details: Block
  • Roof: Asphalt, Tile, Composition

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 9
  • Open Parking: Yes
  • Parking Features: None
  • Total Parking Spaces: 9

Utilities

  • Sewer: Septic Tank

Schools

  • Elementary School: Sherrod/Swanson
  • High School: Palmer
  • Middle Or Junior School: Palmer

Lot Info

  • Lot Size Sq Ft: 46609.2
  • Zoning: UNK - Unknown (re: all MSB)

Green Features

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 9052.57
  • Tax Map Number: PA06
  • Tax Year: 2025

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $9,452 --
2025 $8,454 --
2024 $8,454 $684,000 $24,000
2023 $7,480 $621,700 $24,000 $597,700
2022 $7,166 $570,500 $24,000 $546,500
2021 $7,160 $517,200 $24,000 $493,200
2020 $7,398 $517,200 $24,000 $493,200
2019 $7,636 $529,200 $24,000 $505,200
2018 $7,069 $492,300 $24,000 $468,300
2017 $6,858 $477,600 $24,000 $453,600
2016 $6,388 $457,000 $24,000 $433,000
2015 $5,699 $443,900 $24,000 $419,900
2014 $5,699 $413,500 $24,000 $389,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2026 07/27/26 Price Changed $859,000 -2.3% $149 / Sq Ft
07/14/2026 07/14/26 Price Changed $879,000 -2.2% $152 / Sq Ft
06/22/2026 06/22/26 For Sale $899,000 +72.9% $156 / Sq Ft
03/13/2018 03/13/18 Sold -- -- -- View Prior Sale
11/07/2017 11/07/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $519,900 -- $90 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $319,900 Commercial
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 26-7521

Alaska Multiple Listing Service
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