1 / 8$1,450,000
40594 Sterling Highway
Soldotna AK 99669
Herrington and Company, LLC
0
Bathrooms
MLS# 26-1790· Listed Feb 26, 2026
Live MLS feedAbout This Home
Over 17 acres of exceptional opportunity on the Sterling Highway! This highly visible property includes an established mobile home park on the east side with 18 utility hookups already in place (water, sewer, gas, electric). Tenants are M2M. Strategic highway location with strong traffic count and easy access make this a versatile asset for investors or developers. Commercial or residential use. The Mobile home park benefits from a stable base of long-term monthly tenants, providing consistent, reliable income from day one. Long-tenured residents speak to the desirability of the property and the strong sense of community that has developed over the years. Soldotna serves as a hub for the Kenai Peninsula, offering residents convenient access to shopping, dining, healthcare, schools, and world-class recreational opportunities including the legendary Kenai River fishery, hiking, and Alaska's breathtaking outdoor lifestyle. The area's steady demand for affordable housing makes mobile home parks a resilient and sought-after asset class in this market. With 17.29 acres, there is also notable potential for future expansion or development, subject to local zoning and borough regulations. Whether you're an experienced park operator or a real estate investor seeking a cash-flowing Alaskan asset, this property offers both immediate returns and long-term upside. Don't miss the chance to own a piece of Alaska's growing Kenai Peninsula -- a community-anchored business in one of the state's most vibrant regions.
Property Details
Price & Status History
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Documents & insights
3 documents from current & prior listings · parcel #05803409.
3 documents analyzed from this property's current and prior listings. No items flagged.
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Listed by: Silvia Brugger · Herrington and Company, LLC

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Mortgage Estimate
$8,682/mo
$1,305,000 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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