3685 Sterling Highway, Homer, AK 99603 (MLS# 24-6915)

$1,650,000
3685 Sterling Highway
Homer, AK 99603
MLS# 24-6915
Status: Closed
4558 sqft
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Aerial of the grounds
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Aerial of the grounds Birds eye view of the Suites. The Vacation Destination Entrance to Kenai Peninsula Suites Beach combing below. Sunsets that are amazing. Stunning Views. Stroll the grounds. The Puffin Suite with 2 king beds and a sleeper sofa Puffin Suite. The Eagles Nest top level. Office below. Inside the Eagles nest. One king bed and sofa sleeper. Cozy furnishings inside the Eagles Nest. Eagles Nest Bathroom. Eagles Nest Kitchen. Views from the Eagles Nest. The Squirrels Nest for two. Squirrels Nest porch for relaxing. Comfy Twin beds inside the Squirrels Nest. Wolf and Bear Den Suites. Each have a king bed and sofa sleeper. Wolf and Bear Den Suites. Trail to the Turret Viewing Room Entrance to the Turret Inside the Turret. Firepit for evening enjoyment 3685 Sterling Highway, Homer, AK 99603

Property Description
Kenai Peninsula Suites is an Entrepreneur's dream! This profitable and established business is ready for new ownership! We proudly boast 5 star reviews from repeat customers that return year after year! Five unique cabins offer the very best of Alaskan flavor with all the comfort, charm, and stunning VIEWS!! Live, work, play in Alaska!!

Details
Maps
Documents
Contract Info
Price-List: 1650000
Date-Listing: 2024-06-04
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2025-03-11
Date-Closing: 2025-04-04
Location Tax and Legal
Area: 490 - Homer
Street #: 3685
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Info
Type of Property: Mixed Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 2.32
SF-Lot: 101059.2
Lot Area Source: Tax Authority
SF-Res: 4558
Zoning: RR - Rural Residential
Year Built: 2009
Directions and Remarks
Directions: Sterling Highway just before Milepost 169. Look for the KENAI PENINSULA SIGN on the Bay side of the road.
Property Features
Primary Space: Hospitality
Heating: Natural Gas; Other
Exterior Finish: Unknown - BTV
Construction Type: Unknown
Foundation: Unknown - BTV
Roof Type: Unknown - BTV
Walls: Unknown - BTV
Sewer: Septic Tank
Water Source: Holding Tank; Water Delivered
Access: Government; Maintained; Paved
View Type: Bay; Glacier; Inlet; Mountains; Ocean
Listing Terms Financing: Cash
Documents: Survey
Supplements
The Cabins all feature custom Spruce furniture, fully equipped kitchenettes, and private porches, all with breathtaking views of the BAY, GLACIERS, and the BEACH below! Our guests leave worries behind while soaking in the HOT TUB , watching EAGLES soar overhead, and WHALES spouting. Imagine topping off a fabulous day with a glorious, jaw dropping MIDNIGHT SUNSET!! This property is just a short drive from the city of HOMER for shopping, medical facilities, hiking, exploring, fine dining, and WORLD CLASS FISHING. Kenai Peninsula Suites is currently cash flowing nicely, however, Buyer could potentially increase the number of rental suites without increasing the building limit by attaching additional suites with kitchenettes to existing structures. For questions regarding expansion, call Will Anderson, Associate Planner with City of Homer. Buyer to perform due diligence. Buyer will receive Website, Booking Software, Social Media, and all the 5 star Reviews with the purchase of the property. To see profit/loss and inventory, please request NDA.

Listing Office: RE/MAX Dynamic Properties

Last Updated: April - 04 - 2025

3685 Sterling Highway, Homer, AK 99603 - MLS# 24-6915

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with 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. Site contains live data.

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