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$1,400,000
152 Days On Site

1696 Sterling Highway
Homer, AK 99603

For Sale|Multi Family|Active
10
Beds
6
Full Baths
2
Partial Baths
4,628
SqFt
$303
/SqFt
2024
Built
County:
Kenai Peninsula Borough
Listing courtesy of Sarah Beller of Sarah Beller Real Estate

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1696 Sterling Highway1696 Sterling Highway1696 Sterling Highway1696 Sterling Highway
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Discover an exceptional investment opportunity with these two newly constructed duplexes perched on Baycrest Hill, within the city limits of Homer. Each unit offers breathtaking views of the ocean, and the surrounding mountains, making this property as visually captivating as it is financially promising. All four units are metered separately and connected to public water, sewer, and natural gas, allowing for easy management and potential rental income. Live in one unit and let the rental income from the other three cover your mortgage. With 8 dedicated parking spaces, ample amenities, and just minutes from the Homer Spit, this property is ideally positioned for residents or vacationers looking to experience the beauty of Homer. Key Features Include: Modern Finishes & Construction: Lifeproof smart siding, durable lifeproof vinyl flooring, and ICF (insulated concrete forms) foundation for energy efficiency. Thoughtfully Designed Interiors: Large open living spaces with spectacular views, butcher block breakfast bars, and quality Lifeproof finishes throughout. Convenience & Comfort: Each unit includes a washer and dryer, hot water on demand, and spacious layouts perfect for modern living. Details by Building: Building 1 (Units A & B): Concrete slab foundation. Building 2 (Units 1 & 2): Built on a durable ICF foundation. With stunning views, high-quality finishes, and strong income potential, these duplexes offer the best of Homer living and a rewarding investment. Don't miss the chance to own a prime piece of Alaskan real estate with unmatched appeal and flexibility!

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Listing Snapshot
Price 
$1,400,000
Days On Site 
152 Days
Bedrooms 
10
Inside Area (SqFt) 
4,628 sqft
Total Baths 
8
Full Baths 
6
Partial Baths 
2
Lot Size 
0.91 Acres
Year Built 
2024
MLS® Number 
24-7747
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
5 months agoStatus changed to Active
5 months agoListing first seen on site
General Features
Acres 
0.91
Parking 
None
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
4628
Zoning 
RR - Rural Residential
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Exterior Features
Roof 
CompositionShingle
View 
BayCity LightsMountain(s)Ocean
Waterview 
BayCity LightsMountain(s)Ocean
Community Features
Financing Terms Available 
CashFHAVA LoanConventional
MLS Area 
1B - Kenai Peninsula Borough
Roads 
Paved
Schools
School District
Unknown
Elementary School
Paul Banks/Homer
Middle School
Homer
High School
Homer

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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