12400 E  Drift Ln, Palmer, AK 99645
Property image
Property image
OFF MARKET

$681,300

Trulia Estimate
  • 8 Beds
  • 4 Baths
  • 4,050 sqft (on 0.92 acres)

12400 E Drift Ln, Palmer, AK 99645

Home Value

Trulia Estimate
$681K
Since last month
Increased$29K (+4.3%)
Since last year
Increased$70K (+11.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +13% in the last 10 years
MonthEstimated value
2026
September 2026$691K
August 2026$681K
July 2026$662K
June 2026$634K
May 2026$631K
April 2026$625K
March 2026$615K
February 2026$637K
January 2026$641K
2025
2024

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.40
Multi-Family Home
-
06/10/26
6
3
4,320
1.28
Multi-Family Home
-
09/08/26
4
1
1,600
2.02
Multi-Family Home
-
12/08/25
5
4
2,176
3.84
Multi-Family Home
-
03/24/26
6
4
2,500
3.59
Multi-Family Home
-
10/29/25
3
3
2,527
4.45
Multi-Family Home
-
02/26/26
6
2.5
3,577
4.88
Multi-Family Home
-
10/10/25
4
2
2,062

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$681,300
8
4
4,050
Off Market
0.06
$1,753,900
24
12
4,050
Off Market
0.28
-
-
-
-
Off Market
0.34
-
2
1
1,144
Recently Sold
0.38
-
3
2.5
2,023
Recently Sold
0.38
$600,000
4
2.5
2,297
For Sale
0.39
$685,500
4
2.5
2,400
Off Market
0.41
$622,000
3
2.5
2,300
Off Market
0.41
$624,900
3
2.5
2,294
For Sale
0.40
$846,700
4
2
2,868
Off Market
0.41
$566,800
4
2.5
2,019
Off Market

Local Information

  • Map ViewExplore the area around 12400 E Drift Ln.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1977
0.92 acre lot
4,050 sqft
$168/sqft

About this House

Located conveniently across from the Fair Grounds, this property offers both strategic value and prime location. About 50% of the furnaces are 2-5 years old, multiple units have been remodeled and updated. New exterior paint, pressure tanks and water softeners. All units are 2bed 1bath and metered separately for electric. Great Opportunities like this are raredon't let this chance slip away!
12400 E Drift Ln, Palmer, AK 99645 is a 8 bedroom, 4 bathroom, 4,050 sqft multi-family built in 1977. It last sold for the $619,000 asking price on Jan 6, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $681,300, with a rent estimate of $1,406/month.
Last check for updates: about 1 hour ago
Listed by Giacinto P Paoletti
Alaska Realty & Investments
Bought with: Sarah M Langford, Century 21 Realty Solutions - Eagle River
Source: AKMLS, MLS#24-12609

Home Details for 12400 E Drift Ln

Interior Features

Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4
Dimensions and Layout
Living Area: 4050 Square Feet
Heating & Cooling
Heating: Baseboard,Forced AirHas HeatingHeating Fuel: Baseboard
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Foundation: Block
Parking & Garage
No CarportNo GarageNo Attached GarageParking: No Garage
Frontage
Waterfront: No Access, NoneRoad Frontage: Dedicated RoadNot on Waterfront
Water & Sewer
Sewer: Septic Tank
Surface & Elevation
Topography: Level

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex
Building
Not a New Construction
Property Information
Parcel Number: 3053000L008

Price & Status

Price
List Price: $619,000

Active Status

MLS Status: Closed

Location

Direction & Address
City: Palmer
School Information
Elementary School: Sherrod/SwansonJr High / Middle School: PalmerHigh School: Palmer

Building

Building Area
Building Area: 4050 Square Feet

Lot Information

Lot Area: 0.92 acres

Miscellaneous

Mls Number: 24-12609

Price and Tax history

DateEventPrice
Jan 6, 2025
Source: AKMLS #24-12609
Sold
--
Oct 5, 2024
Source: AKMLS #24-12609
Pending
$619,000
Oct 2, 2024
Source: AKMLS #24-12609
Listed For Sale
$619,000

Market trends in Palmer

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$457K
$9.25K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$257
$4
MoM
Available listings
123
1
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palmer

At least 104 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 90 % Say it's dog friendly

  • 89 % Say yards are well-kept

  • 87 % Say kids play outside

  • 86 % Say car is needed

  • 83 % Say there's holiday spirit

  • 81 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 67 % Say there's wildlife

  • 62 % Say neighbors are friendly

  • 61 % Say they plan to stay for at least 5 years

  • 50 % Say streets are well-lit

  • 40 % Say it's walkable to grocery stores

  • 36 % Say it's walkable to restaurants

  • 29 % Say there are sidewalks

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jrkgby86xm
    "Itโ€™s a nice area and everyone is very friendly "
  • Jenny Hoeger
    "The state fair in the fall. Colony Days Friendly neighbors Not a lot of turnover in the neighborhood "
  • Caio Poletti Romano
    "Amazing! Lots of good people Great place for recreation Lots of nature and outdoor activities Good for families"
  • Kaily Hardy
    "There are many paths nearby that are easy walks and also many parks that the dog owners would like. "
  • Charis_kenck
    "Plenty of dog owners in my neighborhood so you will hear barking. Dogs often escape their yards and wander the neighborhood. "
  • Tom
    "People live here because itโ€™s still a free country in this community. We support traditional family values. "
  • Rchiolero
    "There are many dogs here, and some owners donโ€™t keep them on leashes when they go on walks. However, most people are quite responsible. Most people clean up after them, too. "
  • Peanne03
    "Safe for families, walkable community, dog friendly, kid friendly. One mile from downtown. Quiet, peaceful, and a sense of Community. "
  • Kelly R.
    "Commute is easy- thereโ€™s not a lot of traffic and everything is available close by. I work 10 minutes from work, so thatโ€™s a bonus!"
  • Tim M.
    "Itโ€™s quick and easy to commute to town, plus there is there is a commute location about 5 miles from the neighborhood. "
  • Charity B.
    "very open dog friendly community as long as dogs are leashed and under control of their handler the community believes strongly in the leash law for the safety of animals and humans alike "
  • Charity B.
    "ost dog owners are respectful and clean up after their pets. Most dogs you come across are friendly to people and other pets alike. "
  • Shelley.r.adams
    "They would love it. There are lots of places to walk and friendly dog owners in our neighborhood. It is a lovely little town. I appreciate our friends"
  • Tom
    "It is a wonderful place that is going downhill because opioid and meth addicts are creeping into every neighborhood. "
  • Shelley.r.adams
    "Friday flings, community events, safe, cute little local shops, colony days and colony Christmas events. It is a vibrant little commmunity. Great community radio station. "
  • Aksona
    "We live in a farming community with a village spirit where we know our neighbors. Palmer is such a friendly community with lots of family oriented activities all year long. "
  • Kim V.
    "Palmer is an old town that is slowly catching up to the times. Many new artsy and contemporary businesses are popping up all over town."
  • Sierra H.
    "Iโ€™ve lived in this town for my whole life. Itโ€™s pretty nice. Not allot goes on and the main big thing is the state fair. "
  • Palmer Resident
    "There is a lot of heavy traffic in this area. Lots of tourists checking things out, but there is a school close by and a few parks. All the basic needs are within walking distance of downtown."
  • Sfpaddock
    "Lucky to work in Palmer, so itโ€™s short. 1 mile compared to a lot of folks who have to drive all the way to Anchorage."
  • Brks1951
    "People do a lot of dog walking in this neighborhood. Seems like a very good place for pets. Plenty of kids, very clean, yards are nice newer homes."
  • Jessicalee9074
    "There are mall shops. There is a lot of community buy in. There is beautiful scenery with mountains all around. "
  • Jcor
    "There are many dog owners here, people walk their dogs here frequently. Thereโ€™s a few nice parks nearby within walking distance as well."
  • Ronica G. M.
    "Love the area and school. close to restaurants and shopping. Lots of things to do both in nature and community. "
  • 2theted
    "Palmer is an artsy friendly small town. Several schools nearby, a couple grocery stores, troopers & police department less than 5 minute drive, 10-15 minute drive to hospitals."
  • Bjhwasilla
    "Quick access to the main roads, easy to get to town or commute to Anchorage. Quiet neighborhood. Good schools"
  • Sam H.
    "My neighborhood is a quiet place with nothing around but just minutes from Palmer. No sidewalks or park in area "
  • 2theted
    "Alaska State Fair is about 3 miles down the road, there is a Friday Fling every Friday in the summer, that's less than 2 miles away. There's also farmers market at same location with local veggies. "
  • Sfpaddock
    "Good honest people who look out for their neighbors, where I live at least. A lot of military familyโ€™s live by me and theyโ€™re amazing people."
  • Kimberley_lolley
    "The area is perfect 4 beautiful seasons occasionally see moose, wild birds, Fox, and porcupine lots of walking / hiking trails small town charm"
  • Theresa M. L.
    "Commute is nice out of my area as we have a stoplight if we choose to enter the highway. This makes it easier then some areas where you need to try to pull into traffic. "
  • Gsmontrose
    "Neighbors taking care of, loving, and respecting each other. Beauty of nature, Mountain views, wildlife, peace and quiet. Private, but seven miles to town. "
  • Aksona
    "We have community events that are free or cheap year around, both indoor and out. Pretty much everything is family/children friendly."
  • Yooperinak
    "Great commute for work, schools are within a mile. Safe neighborhood. Close to hospital and doctors. "
  • Angie F.
    " The Alaska State Fair was my favorite. Lots of community events and booths to attend there. The music venue is great too. "
  • Kimberley_lolley
    "I chose to settle down and retire here with my family. It is very quiet and peaceful. People are out and about quite often. But do tend to keep to themselves for the most part. Very little crime or dangerous situations. Great schools and a strong since of community and small town pride. "

LGBTQ Local Legal Protections

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerageโ€™s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.

Frequently asked questions about 12400 E Drift Ln

  • What is 12400 E Drift Ln estimated to be worth?
    Trulia's estimated value for 12400 E Drift Ln in Palmer, AK is $681,300.
  • What is the price history for 12400 E Drift Ln?
    12400 E Drift Ln in Palmer, AK last sold in January 2025.
  • Is Palmer a buyer's or seller's market?
    Palmer is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Palmer?
    The median sale price in Palmer is $457K. That is up $9.25K from the prior month.

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