1696 Sterling HWY Active

Homer,AK 99603

$ 1400000

10 Beds

8 Baths

4628 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,628 sqft

Price per Sqft $302

MLS Listing ID 24-7747

Bedrooms 10

Full Baths 6

Half Baths 2

Year Built 2024

Lot Size 0.910 Acres

Property Description

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!

Location

State AK

Area 490 - Homer

Zoning RR - Rural Residential

Exterior

Parking Features None

View Bay,City Lights,Mountains,Ocean,Unobstructed

Roof Type Composition,Shingle

Building

Foundation Quad-Lock,Poured Concrete

Sewer Public Sewer

New Construction No

Schools

Elementary Schools Paul Banks/Homer

Middle Schools Homer

High Schools Homer

Others

Acceptable Financing Cash,FHA,VA Loan,Conventional

Listing Terms Cash,FHA,VA Loan,Conventional

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