1 / 53$875,000
725 Sterling Highway
Homer AK 99603
Berkshire Hathaway HomeServices Alaska Realty
1
Bedrooms
2
Bathrooms
1,340
Sq Ft
2014
Year Built
MLS# 26-2073· Listed Mar 4, 2026
Live MLS feedAbout This Home
Welcome to one of the most unique properties at the gateway to Homer! Situated on 1.66 acres on the bluff, this iconic property offers unobstructed views of Kachemak Bay and the surrounding mountains, along with incredible visibility along the Sterling Highway as you drive into town. Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity for commercial, residential, or mixed-use potential. The charming lighthouse feature creates a memorable landmark and adds character that draws attention from locals and visitors alike. Inside, the space can continue as a food service or retail operation, or be reimagined as a comfortable bluff-top residence with panoramic views. With ample parking and excellent highway frontage, the property offers exceptional exposure for a business while still providing the privacy and scenery of a bluff property. The 1.66-acre lot provides room to expand, build additional structures, or create a private retreat, all while enjoying sweeping vistas of the bay, glaciers, and mountains. Whether you're looking for a high-visibility business location, an iconic Homer landmark, or a one-of-a-kind home overlooking the bay, this property offers endless possibilities in an unbeatable location. Opportunities like this at the entrance to Homer rarely come available.
Documents & insights
18 documents from current & prior listings · parcel #17510071.
Summary of 18 documents from this property's current and prior listings. 0 items worth reviewing, plus 37 additional facts captured.
What the seller reported about utilities
The property uses public water and sewer. The heating system is a Monitor/Toyo fueled by Natural Gas. Seller lists average monthly utility costs of $100 for Electric, $250 for Gas, $50 for Sewer, and $50 for Water.
Source: Disclosure · Current listing
Reflects the prior owner's usage and providers. Your costs may vary.
A sample of what's in the documents
Water source: City of Homer
City water available per survey notes.
type: City of Homer · City water available per survey notes.View source — Property Profile
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Documents on this listing
Documents from prior listings(14) · sign in to open
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Disclosure timeline
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Property Details
Heating
Interior Features
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
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Listed by: Gina Pelaia · Berkshire Hathaway HomeServices Alaska Realty
© 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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Mortgage Estimate
$5,239/mo
$787,500 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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