Who Built Sarah Palin's House? - The Palin family home is a two-story, 3,450-square-foot, four-bedroom, four-bath, wood house situated on Lake Lucille (see photo and video below). According to Palin's income tax returns, the house was assessed at more than half a million dollars — $552,000 to be exact.Todd Palin told Fox News that he built the 3,450 square-foot, half million dollar home himself with the help of some "buddies." Since Sarah Palin blocked an effort to require the filing of building permits as mayor of Wasilla, there is no record of who Todd's "buddies" were.
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