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$549,000
34 Days On Site

65449 Lingonberry Road
Ninilchik, AK 99639

For Sale|Multi Family|Active
5
Beds
2
Full Baths
3
Partial Baths
2,970
SqFt
$185
/SqFt
1994
Built
County:
Kenai Peninsula Borough
Listing courtesy of Celisa Sedivy of Mossy Oak Properties of Alaska - Ninilchik

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65449 Lingonberry Road65449 Lingonberry Road65449 Lingonberry Road65449 Lingonberry Road
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Income Producing Rental Property: Unlimited Possibilities! This property offers an excellent investment opportunity, providing multiple income streams through both short-term and long-term rentals. With three short-term rental cabins and two long-term rental units, it can accommodate various types of tenants throughout the year. The Cabins: Bear & Wolf Cabins: These dry cabins each feature a kitchenette, sleep 5-6 guests, and are 231 sq. ft. each. Moose Cabin: This cabin has a full kitchen, a ¾ bath, sleeps 6 guests, is 472 sq. ft., and includes a lean-to with freezer storage and covered porch. Shared Wash House: A dual bathroom facility with laundry, 423.5 sq. ft., with an attached tool shed and loft storage. Long-Term Rentals: Double Wide: A 3-bedroom, 1-bathroom home with mountain views, 989 sq. ft.. Single Wide: A 2-bedroom, 1-bathroom unit with mountain views, 773.5 sq. ft.. Additional Features: An insulated and powered 1,200 sq. ft. shop for storage or workspace. A new 192 sq. ft. shed with a lean-to, prepped with power and water lines, ready for a fish cleaning station, freezer storage, or other uses. Fish cleaning table and additional storage shed for equipment or supplies. Additional water and sewer hookups ready for the construction of a new cabin. 5 full RV hookup spots for additional rental income. Insulated and heated well house with a commercial well, ensuring a reliable water supply. 2 septic systems servicing the property. Landscaped lawn that could be utilized for additional camp tent sites. A community campfire area for guests to gather and enjoy the natural surroundings. Seller financing is available with a 20% down payment at 7.5% interest, amortized over 30 years with a balloon payment in 5 years. The seller will also consider a reduced price for an all-cash offer. With peekaboo views of Mt. Iliamna and Redoubt, this property offers an idyllic setting for guests while providing plenty of room to grow or expand. Whether you're looking to continue running it as a vacation rental, start a charter business, or use it for something entirely new, the options are truly limitless!

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Listing Snapshot
Price 
$549,000
Days On Site 
34 Days
Bedrooms 
5
Inside Area (SqFt) 
2,970 sqft
Total Baths 
5
Full Baths 
2
Partial Baths 
3
Lot Size 
2 Acres
Year Built 
1994
MLS® Number 
24-13411
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
2
Foundation 
Pillar/Post/Pier
Garage 
Yes
Garage Spaces 
4
Parking 
Detached
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Septic Tank
SqFt Total 
2970
Zoning 
UNK - Unknown
Interior Features
Flooring 
VinylLinoleumCarpet
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Exterior Features
Construction Details 
Log
Lot Features 
Rolling SlopeLevel
Other Structures 
Shed(s)
Roof 
Metal
View 
Mountain(s)Territorial
Waterview 
Mountain(s)Territorial
Community Features
Financing Terms Available 
Cash1031 Exchange
MLS Area 
1B - Kenai Peninsula Borough
Roads 
Gravel
Schools
School District
Unknown
Elementary School
Ninilchik
Middle School
Ninilchik
High School
Ninilchik

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or the AK MLS logo, and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing Information is updated daily. Copyright 2024 Alaska Multiple Listing Service, Inc. All Rights Reserved. Data Services Provided by Showcase IDX.

Neighborhood & Commute
Source: Walkscore
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