$425,000
Homer, AK 99603
MLS# 26-11453

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Property Description
RARE HOMER WATERFRONT DEVELOPMENT OPPORTUNITY WITH STERLING HIGHWAY FRONTAGE! Position your next project at one of Homer's most visible gateways. This exceptional waterfront parcel offers extensive Sterling Highway frontage, high traffic exposure, and sweeping views across Kachemak Bay to the mountains and glaciers--all in a location travelers pass on their way into Homer and toward the Iconic
Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Concessions YN: No
Foreclosure/Bank Own: No
Price-List: 425000
Date-Listing: 2026-09-04
Status: Active
Property Info
Realtor.com Type: Vacant Land
Acres: 17.8
SF-Lot: 775368
Lot Area Source: Tax Authority
Zoning: RMKS - See Remarks
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: T 6S R 14W SEC 24 Seward Meridian HM GOVT LOT 4
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Directions and Remarks
Directions: Traveling into Homer in the Gateway Business district at Mile 172 the property is on the Ocean side of the highway.
Vacant Land Type
Commercial: 1
Residential: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Land Features
Fire Service Area: 1
Highway Frontage: 1
In City Limits: 1
Road Service Area: 1
Southern Exposure: 1
View: 1
Topography
Bluff: 1
Level: 1
Sloping: 1
View Type
Bay: 1
City Lights: 1
Glacier: 1
Inlet: 1
Mountains: 1
Ocean: 1
Unobstructed: 1
Wtrfrnt-Access Near
None: 1
Wtrfrnt-Frontage
Bay/Harbor: 1
Inlet: 1
Oceanfront: 1
Waterfront Details
Waterfront Name: Kachemak Bay
Utilities
Elec - Adj to Site: 1
Nat Gas - Adj Site: 1
Pub Wtr - Adj Site: 1
Pub Wtr - On Site: 1
Sewer - Adj Site: 1
Sewer-In Area: 1
Telephone - In Area: 1
Access
Government: 1
Maintained: 1
Road Maintenance
Road Mntd All Year: 1
Documents
Docs Posted on MLS: 1
Location Tax and Legal
Area: 490 - Homer
Street #: 1129
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Vacant Land Type: Commercial; Residential
Listing Terms Financing: Cash; Conventional
Land Features: Fire Service Area; Highway Frontage; In City Limits; Road Service Area; Southern Exposure
Topography: Bluff; Level; Sloping
View Type: Bay; City Lights; Glacier; Inlet; Mountains; Ocean; Unobstructed
Wtrfrnt-Access Near: None
Wtrfrnt-Frontage: Bay/Harbor; Inlet; Oceanfront
Utilities: Elec - Adj to Site; Nat Gas - Adj Site; Pub Wtr - Adj Site; Pub Wtr - On Site; Sewer - Adj Site; Sewer-In Area; Telephone - In Area
Access: Government; Maintained
Road Maintenance: Road Mntd All Year
Documents: Docs Posted on MLS
Supplements
Homer Spit.
Zoned Gateway Business District, the property offers exciting potential for a variety of commercial or mixed-use concepts. Envision a restaurant or café overlooking the bay, retail, professional offices, lodging, condominiums, a community-oriented development, or another project designed to take advantage of this remarkable setting.
The combination of waterfront, highway visibility, views, utilities, and in-city location makes this a truly distinctive Homer offering.
Property highlights include Sterling Highway frontage with excellent visibility and traffic exposure; Kachemak Bay waterfront; panoramic ocean, mountain, glacier and Homer Spit views; Gateway Business District zoning; public water and sewer adjacent to the property; public water stubbed to 1129 Sterling Highway; natural gas and power available; and location within Homer city limits.
Bring your vision and explore the possibilities for one of Homer's most recognizable undeveloped properties. Location, exposure, waterfront and extraordinary views come together in one exceptional opportunity.
Buyer to independently verify zoning, permitted uses, utilities, development requirements and suitability for intended use.
IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: September - 04 - 2026
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.
Gateway Business District