$1,400,000
1696 Sterling Highway #A, #B, #1, #2
Homer, AK 99603
MLS# 24-7752
10 beds  |  8 baths  |  4628 sqft


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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.

Details
Maps
Documents
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Unit #: #A, #B, #1, #2
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 17525004
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Builder Name & Co: Polar Star Construction
Legal: Bidarki Creek Plat of L2A thru L5A L3A
Contract Info
Foreclosure/Bank Own: No
Price-List: 1400000
Date-Listing: 2024-06-24
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: New - Construction Complete
Property Attached/Common Walls: No
Gen Contr/Owner Bldr: General Contractor
Bathrooms Half: 2
Bathrooms Three Quarter: 0
Bathrooms Full: 6
Bathrooms Total: 8
Acres: 0.91
SF-Lot: 39639.6
Lot Area Source: Tax Authority
Zoning: RR - Rural Residential
Garage Spaces: 0
Carport Spaces: 0
Beds: 10
SF-Res: 4628
Year Built: 2024
Remarks and Directions
Directions: From Sterling Highway coming into Homer, just past the Church, property is located just before the bottom of the hill, on the left.
Residential Type
B & B Potential: 1
Single Family Res: 1
General Contractor
Contractor/Bldr Name: Polar Star Construction
Contractor License #: CONG32904
Res Const Endorse #: RESR2019
Listing Terms Financing
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Other - See Remarks: 1
Heating
Natural Gas: 1
Topography
Gently Rolling: 1
Level: 1
Roof Type
Composition: 1
Shingle: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
Quad-Lock: 1
View Type
Bay: 1
City Lights: 1
Inlet: 1
Mountains: 1
Ocean: 1
Wtrfrnt-Access Near
Ocean: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Vinyl: 1
Other: 1
See Remarks: 1
Floor Style
Two-Story Tradtnl: 1
Features-Interior
CO Detector(s): 1
Smoke Detector(s): 1
Washer &/Or Dryer: 1
Solid Surface Counter: 1
Features-Additional
Covenant/Restriction: 1
In City Limits: 1
View: 1
Water Source
Public: 1
Access Type
Government: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 10000
Sewer Type
Public Sewer: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 1696
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B Potential; Single Family Res
Construction Type: Wood Frame
Exterior Finish: Other - See Remarks
Roof Type: Composition; Shingle
Foundation Type: Poured Concrete; Quad-Lock
Floor Style: Two-Story Tradtnl
Garage Type: None
Carport Type: None
Heating: Natural Gas
Sewer Type: Public Sewer
Water Source: Public
Features-Interior: CO Detector(s); Smoke Detector(s); Washer &/Or Dryer; Solid Surface Counter
Flooring: Vinyl; Other; See Remarks
Features-Additional: Covenant/Restriction; In City Limits; View
Access Type: Government; Maintained
View Type: Bay; City Lights; Inlet; Mountains; Ocean
Topography: Gently Rolling; Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: Ocean
Listing Terms Financing: Cash; Conventional; FHA; VA Loan
Docs Avl for Review: Docs Posted on MLS
Supplements
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!

IDX
Listing Office: Sarah Beller Real Estate

Last Updated: August - 13 - 2025

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.