$681,300
- 8 Beds
- 4 Baths
- 4,050 sqft (on 0.92 acres)
12400 E Drift Ln, Palmer, AK 99645
Home Value
Trulia Estimate
$681KSince 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
| Month | Estimated 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
-- mins to
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
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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) |
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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 |
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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 |
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Price List Price: $619,000 |
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MLS Status: Closed |
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Direction & Address City: Palmer |
School Information Elementary School: Sherrod/SwansonJr High / Middle School: PalmerHigh School: Palmer |
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Building Area Building Area: 4050 Square Feet |
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Lot Area: 0.92 acres |
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Mls Number: 24-12609 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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
Avg. sale price
$457K
$9.25KMoM
Sale-to-List Price
100.0%
Price per sq ft
$257
$4MoM
Available listings
123
1MoM
Around this home
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.
LGBTQ Local Legal Protections
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 brokerageโs 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.

