42706 Old Sterling Highway, Anchor Point AK 99556

$1,700,000

Canceled

42706 Old Sterling Highway

Anchor Point AK 99556

Kachemak Real Estate Group Real Broker

0

Bathrooms

16,752

Sq Ft

$101/sqft9.09 acres lot

MLS# 23-13634· Listed Nov 17, 2023

Live MLS feed

About This Home

Business opportunity! Sitting just outside of Homer, this 9-acre parcel features 9 modular multifamily buildings, 6 duplex units, and 3 large open units - totaling 36 bedrooms. These buildings are built to be transported and withstand the harsh Alaska elements and are State Fire Marshal certified for occupancy. Keep all buildings on-site for a large multi-family rental housing property, employee housing, temporary housing etc., or move some, or all of the buildings off-site. Each building features 2 x 6 exterior construction, double-pane windows, insulated doors, metal siding and roofs, and natural gas heating. 7,500 gallons of water tanks are onsite, as well as a 10,000-gallon septic tank. Power is not hooked up. Each duplex is a 28 x 64 structure (1,792 Sq Ft), with two apartment-style units that are 3 Bedrooms, 1 Bath, and 1 Kitchenette. Each unit has a natural gas fired water heater and forced air heating system. A great opportunity to invest in Alaska's thriving Kenai Peninsula!

Documents & insights

10 to review

18 documents from current & prior listings · parcel #17107031.

AI Summary

Summary of 18 documents from this property's current and prior listings. 10 items worth reviewing, plus 40 additional facts captured.

What the seller reported about utilities

From disclosure

The seller confirmed electricity is on or adjacent to the property. Regarding water, the seller marked 'Yes' to the question 'Is there a well on this property?' and included a handwritten note 'might be'.

Source: Seller's Real Estate Disclosure Stmt. · Prior listing — Closed Sep 2022

Reflects the prior owner's usage and providers. Your costs may vary.

A sample of what's in the documents

Worth a lookActive Apr 2026

Document listed a known issue

The Offering Memorandum notes this item as a known issue. Exact wording from the document is quoted below.

Water system installation required
View source — Offering Memorandum
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Documents from prior listings(18) · sign in to open

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Disclosure timeline

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Property Details

Property TypeCommercial Sale
Sub TypeMixed Use
Lot Size9.09 acres
Parcel #17107031
MLS #23-13634

Heating

Natural Gas

Sewer

Septic Tank

View

Territorial

Price & Status History

6/12/2025
Listed for sale
$999,000-41.2%
$46/sqft
11/17/2023
Listed for sale
$1,700,000
$101/sqft
Source: AKMLS #23-13634

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Valerie Buss · Kachemak Real Estate Group Real Broker

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Emily Etter

Emily Etter

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Mortgage Estimate

Down payment10% · $170,000
Interest rate7.0%
Loan term30 years

$10,179/mo

$1,530,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Emily Etter

Dream Makers

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