5700 E  Gershmel Loop, Palmer, AK 99645
Property image
Property image
OFF MARKET

5700 E Gershmel Loop
Palmer, AK 99645

  • 4 Beds
  • 5 Baths
  • 4,862 sqft (on 7.02 acres)

$893,000

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $5,371/mo*

$893,000

Trulia Estimate
as of Aug 15, 2026
Est. Refi. Payment $5,371/mo*
4 Beds
5 Baths
4,862 sqft
(on 7.02 acres)

Home Value

Trulia Estimate
$893K
Since last month
Decreased$1K (-0.1%)
Since last year
Decreased$27K (-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 +65% in the last 10 years
MonthEstimated value
2026
August 2026$886K
July 2026$880K
June 2026$888K
May 2026$881K
April 2026$887K
March 2026$868K
February 2026$830K
January 2026$832K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.30
Single-Family Home
-
09/04/25
4
3
2,968
0.51
Single-Family Home
-
05/27/26
4
3.5
3,219
0.69
Single-Family Home
-
04/27/26
5
5.5
7,707
0.47
Single-Family Home
-
10/29/25
4
2.5
2,131
0.32
Single-Family Home
-
03/17/26
3
2
1,474
0.53
Single-Family Home
-
09/12/25
4
3
2,307
0.36
Single-Family Home
-
05/14/26
3
2
1,476
0.64
Single-Family Home
-
03/27/26
4
2.5
2,462
0.58
Single-Family Home
-
07/07/26
3
2.5
2,018
1.00
Single-Family Home
-
11/12/25
4
4
2,994

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
0.16
$869,000
4
2.5
3,025
For Sale
0.20
$589,900
4
2
2,348
Off Market
0.23
$542,300
3
2.5
1,998
Off Market
0.25
$668,500
4
3
2,656
Off Market
0.27
$530,900
3
2.5
1,971
Off Market
0.30
$531,600
4
3
2,968
Off Market
0.32
$645,300
4
2.5
2,519
Off Market
0.32
-
3
2
1,474
Recently Sold
0.34
$574,500
4
2.5
2,088
Off Market
0.34
$587,400
4
2.5
2,426
Off Market
0.34
$617,300
5
3
2,725
Off Market
0.34
$694,600
4
3.5
3,100
Off Market

Local Information

  • Map ViewExplore the area around 5700 E Gershmel Loop.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1973
Lot Size
7.02 acres
Living Area
4,862 sqft
Price/Sqft
$184
Parking
Garage

About this House

Huge unique home with endless versatility. Great, private, location near the highway and commercial/residential zoning make this the perfect place for your home/business. Features a new roof, stunning floor to ceiling windows, and open floor plan plan. Needs a bit of updating, but perfectly livable as it stands - needs to be seen to appreciate how truly unique it is!
5700 E Gershmel Loop, Palmer, AK 99645 is a 4 bedroom, 5 bathroom, 4,862 sqft single-family home built in 1973. It is currently off market. The Trulia Estimate is $893,000, with a rent estimate of $3,854/month.

Home Details for 5700 E Gershmel Loop

Interior Features

Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Interior Details
Types of Rooms: Dining RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerRefrigerator
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltDeckPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 7.02 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Sep 8, 2017
Source: Agent Provided
ListingRemoved
$390,000
Mar 18, 2017
Source: Agent Provided
Listed For Sale
$390,000

Market trends in Palmer

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$448K
$5K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$261
$7
MoM
Available listings
122
8
MoM
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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
    "It’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 it’s still a free country in this community. We support traditional family values. "
  • Rchiolero
    "There are many dogs here, and some owners don’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- there’s not a lot of traffic and everything is available close by. I work 10 minutes from work, so that’s a bonus!"
  • Tim M.
    "It’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.
    "I’ve lived in this town for my whole life. It’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 it’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. There’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 family’s live by me and they’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. "

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Homes for sale near 5700 E Gershmel Loop

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Frequently asked questions about 5700 E Gershmel Loop

  • What is 5700 E Gershmel Loop estimated to be worth?
    Trulia's estimated value for 5700 E Gershmel Loop in Palmer, AK is $893,000.
  • 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 $448K. That is up $5K from the prior month.
  • What do residents say about Palmer?
    Residents describe Palmer, AK as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Palmer, AK.
  • Does 5700 E Gershmel Loop have laundry facilities?
    Yes, 5700 E Gershmel Loop in Palmer, AK has laundry facilities.
  • How big is the lot at 5700 E Gershmel Loop?
    The lot at 5700 E Gershmel Loop in Palmer, AK is about 7 acres.