$1,150,000
PENDING $150K PRICE DROP

5823 E Morning Mist Dr Palmer, AK 99645

Gateway Neighborhood

Estimated payment $7,001/month

Total Views 5,829
4 Beds
5 Baths
5,002 Sq Ft
$230 Price per Sq Ft

Highlights

  • Property fronts an inlet
  • 1.04 Acre Lot
  • Breakfast Area or Nook
  • Spa
  • Granite Countertops
  • Double Oven

About This Home

Experience luxury living in Clouds Rest with breathtaking Chugach Mountain views. This custom estate offers 5,000sq ft, designer-curated interiors, walnut floors, and a chef's kitchen. Entertain in the walk-out lower level or relax on the expansive view deck. 3-car garage + 1,728 sq ft shop. Furnishings & décor available on separate bill of sale--turnkey luxury opportunity. See supplement... Welcome to one of Clouds Rest's most exceptional custom residences--where breathtaking Chugach Mountain views, timeless design, and elevated living come together in a truly unforgettable home. Built by Sumner Construction and thoughtfully curated throughout, this over 5,000 sq. ft. home offers 4 bedrooms, 3 full bathrooms, 2 half bathrooms, and a 3-car attached garage, in addition to an impressive 1,728 sq. ft. detached shop with RV doors and a finished mezzanine--perfect for hobbies, storage, or a collector's space. Inside, the home feels more like a boutique luxury retreat than a traditional residence. From the rich walnut flooring and custom stonework to the copper sink, quartz window sills, and designer finishes throughout, every detail has been intentionally selected. The spacious kitchen is designed for both everyday living and entertaining, featuring GE Café appliances, double ovens, tile countertops, and a walk-in pantry. The primary suite is perfectly positioned to capture stunning mountain views and offers a true spa-like experience with a custom jetted tub, tiled wall accents, and a heated towel bar. Formal living and dining spaces add elegance, while the large laundry room provides ample storage and functionality. The walk-out basement is an entertainer's dream, complete with a wet bar, surround sound, and generous open space ideal for hosting. With a separate entrance and plumbing already in place to convert the bathroom to a full bath, the lower level offers flexibility for guests, multi-generational living, or private retreat space. Step outside to extensive, fully paved parking, mature landscaping, and a large deck off the breakfast nook--perfect for taking in the unobstructed Chugach Mountain views. Additional features include a Generac generator system, triple-pane windows, and a storage shed. Located in the premier Clouds Rest subdivision, this home offers a desirable commute location with convenient access to Anchorage and nearby medical facilities. Owners prefer to sell the home fully furnished, with all furnishings and décor available on a separate bill of sale--offering a rare turnkey luxury opportunity. This is more than a home--it's a lifestyle.

Listing Agent

Devon Doran

Signature Real Estate Alaska License #16102 Listed on: 05/03/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,234

Year Built

  • Built in 1998

Lot Details

  • 1.04 Acre Lot
  • Property fronts an inlet
  • Level Lot
  • Property is zoned UNK - Unknown (re: all MSB)

Parking

  • 8 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 5,002 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Laundry Room
  • Property Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Granite Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Spa Bath

Outdoor Features

  • Spa
  • Outdoor Storage

Schools

  • Machetanz Elementary School
  • Colony Middle School
  • Colony High School

Utilities

  • Water Softener
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,234

Year Built

Built in 1998

Lot Details

1.04 Acres

Parking

8

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Road Surface Type: Paved, Maintained
  • Directions: Parks Hwy exit Hyer Road. Left on Frontage (fireweed) road, right on (2nd) Gershmal lp.-R on Cambourne, Right on Bideford, Left on Morning Mist, home on right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1998
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Refrigerator, Water Softener
  • Other Equipment: Generator, Security System, Smoke Detector(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Basement, Wet Bar, Ceiling Fan(s), Granite Counters, Tile Counters, Pantry, Soaking Tub

Exterior Features

  • Lot Features: Gently Rolling, Level, Covenant/Restriction, Fire Service Area, Road Service Area
  • View: Inlet, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 8
  • Garaged Spaces: 8
  • Parking Features: Attached, Detached
  • Total Parking Spaces: 8

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electric

Schools

  • Elementary School: Machetanz
  • High School: Colony
  • Middle Or Junior School: Colony

Lot Info

  • Lot Size Sq Ft: 45302.4
  • Zoning: UNK - Unknown (re: all MSB)

Green Features

Multi Family

Tax Info

  • Tax Annual Amount: 8233.67
  • Tax Map Number: WA15
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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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 $11,359 $987,200 $80,500 $906,700
2025 $8,234 $940,900 $70,000 $870,900
2024 $8,293 $918,100 $70,000 $848,100
2023 $7,829 $886,200 $70,000 $816,200
2022 $8,122 $803,100 $70,000 $733,100
2021 $7,344 $697,900 $70,000 $627,900
2020 $6,748 $646,100 $70,000 $576,100
2019 $6,542 $629,700 $70,000 $559,700
2018 $6,201 $608,700 $70,000 $538,700
2017 $6,103 $604,000 $70,000 $534,000
2016 $5,964 $604,300 $70,000 $534,300
2015 $7,115 $480,100 $70,000 $410,100
2014 $7,115 $473,000 $70,000 $403,000
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
07/27/2026 07/27/26 Pending -- -- --
07/16/2026 07/16/26 Price Changed $1,150,000 -6.9% $230 / Sq Ft
06/11/2026 06/11/26 Price Changed $1,235,000 -5.0% $247 / Sq Ft
05/03/2026 05/03/26 For Sale $1,300,000 -- $260 / 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 -- --
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
Closed $212,450 No Value Available
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 26-4814

Alaska Multiple Listing Service

APN: 4584B02L003

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