42706 Old Sterling HWY, Anchor Point, AK 99556
42706 Old Sterling HWY, Anchor Point, AK 99556
42706 Old Sterling HWY, Anchor Point, AK 99556
42706 Old Sterling HWY, Anchor Point, AK 99556
42706 Old Sterling HWY, Anchor Point, AK 99556
42706 Old Sterling HWY, Anchor Point, AK 99556
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 999,000
Est. payment | /mo

36 Beds

12 Baths

21,798 SqFt


Save
$ 999,000
Est. payment | /mo
Save

36 Beds

12 Baths

21,798 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 21,798 sqft

Price per Sqft $45

MLS Listing ID 25-7227

Bedrooms 36

Full Baths 12

Construction Status Existing Structure

Year Built 2023

Lot Size 9.090 Acres

Acres 9.09

Source Alaska Multiple Listing Service

Property Description

Anchor Bridge Housing Campus presents the opportunity to own an income-generating housing development in the heart of Alaska's Kenai Peninsula. Strategically located along Old Sterling Highway in Anchor Point, halfway between Homer and Anchor Point, this property offers flexibility, scale, and strong long-term potential in an area experiencing increasing demand for housing options. The campus is designed to support affordable multifamily housing with six duplex-style buildings totaling 12 residential units, creating an ideal setup for long-term rentals, seasonal residents, or employee housing. In addition, three separate bunkhouse-style units provide excellent potential for short-term accommodations or workforce housing, creating added flexibility and multiple income streams on one property. The project was thoughtfully designed to help meet the growing housing demands tied to fishing, construction, oil, gas, tourism, and other seasonal industries throughout the southern Kenai Peninsula.

This project still needs completion, but it allows a buyer the opportunity to finish it to their specifications. Each duplex unit has 3 bedrooms, one oversized bathroom, a kitchen, and a living space. Once completed, the bunkhouses will have a capacity of 48 people. Situated on 9.09 acres with excellent visibility, private access, and scalable infrastructure, Anchor Bridge Housing Campus offers the chance to step in, finish the project, and create a strong long-term housing asset in one of Alaska's most desirable and undersupplied regions.

Location

State AK

Area 482 - Anchor Point To Homer

Zoning UNZ - Not Zoned

Direction At the junction of the Sterling Hwy and Old Sterling.

Interior

Heating Other

Exterior

Parking Features None

Water Access Desc Cistern,Water Delivered

Building

Lot Size Range 9.09

Sewer Septic Tank

Water Cistern, Water Delivered

Construction Status Existing Structure

Schools

Elementary Schools Chapman

Middle Schools Chapman

High Schools Homer

Others

Tax ID 17107031

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Alaska MLS
Listed by Coastal Realty

NEARBY SCHOOLS & PROPERTIES

Monique Manley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(907) 887-9103

moniquemanleyak@gmail.com

420 W. Tudor Road, # A-240., Anchorage, Alaska, 99503, United States

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

42706 Old Sterling HWY