3153 Sterling Highway, Homer AK 996031 / 61

$1,200,000

Active

3153 Sterling Highway

Homer AK 99603

Berkshire Hathaway HomeServices Alaska Realty

5

Bedrooms

4

Bathrooms

4,600

Sq Ft

2024

Year Built

$261/sqft02.99 acres lot

MLS# 26-4984· Listed May 6, 2026

Live MLS feed

About This Home

Experience the ultimate Alaskan retreat at Paradise Suites, a rare multi-unit property set on approximately 3 scenic acres overlooking the breathtaking beauty of Kachemak Bay and Cook Inlet. Offering three distinct accommodations, this exceptional property combines comfort, privacy, and unforgettable panoramic views--ideal for vacation rentals, corporate retreats, multi-generational living, or an owner-occupied hospitality investment. The main residence welcomes guests with stunning bayside views, a spacious primary suite with a King bed, a semi-secluded loft featuring two Queen beds, two full bathrooms, a cozy living room, and a fully equipped kitchen. Step outside onto the expansive deck where guests can relax in the 4-person hot tub, gather around the outdoor seating area, or enjoy BBQ evenings while taking in spectacular sunsets over the bay. The second accommodation, known as the Bear Den, offers approximately 800 square feet of comfortable living space complete with a living room, kitchenette, dining area, and full bath--perfect for additional guests or rental income. Perched above the property, the Eagle's Nest provides a private 800 square foot retreat featuring a Queen primary bedroom, living room, kitchen, dining area, and bath. With its elevated setting, guests enjoy a true bird's-eye view of the entire property along with sweeping vistas of Kachemak Bay and Cook Inlet. A truly unique opportunity to own an established Alaskan getaway where natural beauty, privacy, and income potential come together in one extraordinary setting.

Documents & insights

4 to review

32 documents from current & prior listings · parcel #17316036.

AI Summary

Summary of 32 documents from this property's current and prior listings. 4 items worth reviewing, plus 137 additional facts captured.

What the seller reported about utilities

From disclosure

Electric and gas average $250-300 per month. Refuse service is through the City Dump and free. Security system is via Ring at $9.99 monthly. Water is from a private well and sewer is a private septic system.

Source: House "A" Disclosure · Current listing

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

A sample of what's in the documents

Worth a lookCurrent listing

Disclosure listed a known issue

The House "A" Disclosure notes this item as a known issue. Exact wording from the document is quoted below.

Insects/rodents/pests: 'All over' (per pest control disclosure section)
View source — House "A" Disclosure
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Documents on this listing

Documents from prior listings(29) · sign in to open

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Disclosure timeline

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Property Details

Property TypeResidential
Full Baths4
Half Baths0
Garage Spaces0
ParkingNone, Circular Driveway
Year Built2024
Lot Size2.99 acres
Parcel #17316036
MLS #26-4984

Heating

OtherRadiantNatural Gas

Interior Features

ElectricWasher &/Or Dryer HookupBR/BA on Main LevelArctic EntryCeiling Fan(s)Smoke Detector(s)Solid Surface CounterBR/BA Primary on Main LevelMicrowave

Exterior Features

Fire Service AreaRoad Service AreaRV ParkingViewLot-BluffStorageIn City LimitsPrivate YardHot TubFire PitAccessory Dwelling Unit (ADU)

Appliances

DishwasherRefrigerator

Flooring

Luxury Vinyl

Sewer

Septic Tank

View

BayGlacierInletMountain(s)SpitUnobstructedOcean

Price & Status History

5/6/2026
Listed for sale
$1,200,000-2.8%
$261/sqft
Source: AKMLS #26-4984
3/21/2025
Listed for sale
$1,235,000-8.5%
$268/sqft
8/23/2024
Listed for sale
$1,349,000+170.3%
$293/sqft
9/28/2022
Sold
$499,000+49.8%
$399/sqft
7/31/2017
Sold
$333,000-4.6%
$266/sqft
10/13/2012
Listed for sale
$349,000
$309/sqft

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

Equal Housing Opportunity

Listed by: Gina Pelaia · Berkshire Hathaway HomeServices Alaska Realty

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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Matthew Ficek

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Real Estate Agent

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Mortgage Estimate

Down payment10% · $120,000
Interest rate7.0%
Loan term30 years

$7,185/mo

$1,080,000 loan · 30yr · 7.0%

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

Matthew Ficek

Dream Makers

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