$1,200,000
Homer, AK 99603
MLS# 26-4984
5 beds | 4 baths | 4600 sqft

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Property Description
Experience the ultimate Alaskan retreat at Paradise Suites, a rare multi-unit property set on approximately 3 scenic acres overlooking the breathtaking beauty of Kachemak Bay and Cook Inlet. Offering three distinct accommodations, this exceptional property combines comfort, privacy, and unforgettable panoramic views--ideal for vacation rentals, corporate retreats, multi-generational living,
Details
Maps
Documents
Contract Info
Price-List: 1200000
Date-Listing: 2026-05-06
Status: Active
Foreclosure/Bank Own: No
Property Info
Realtor.com Type: Residential - Single Family
Property Attached/Common Walls: Yes
Construction Status: Existing Structure
Beds: 5
Bathrooms Full: 4
Bathrooms Total: 4
SF-Res: 4600
Year Built: 2024
SF-Lot: 130244.4
Lot Area Source: Tax Authority
Acres: 2.99
Zoning: RR - Rural Residential
Remarks and Directions
Directions: From Homer, drive north on Sterling HWY to MP 169 1/4. Driveway is on left/SW side of Highway, across from the uphill end of Rogers Loop.
Location Legal and School Info
Area: 490 - Homer
Street #: 3153
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B in Operation
Construction Type: Wood Frame
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: Pilings
Floor Style: Two-Story Tradtnl; Other - See Remarks
Garage Type: None
Carport Type: None
Heating: Natural Gas; Radiant; Other
Sewer Type: Septic Tank
Water Source: Hold Tank; Well
Dining Room Type: Area; Breakfast Nook/Bar
Features-Interior: Arctic Entry; BR/BA on Main Level; BR/BA Primary on Main Level; Ceiling Fan(s); CO Detector(s); Electric; Smoke Detector(s); Washer &/Or Dryer Hookup; Solid Surface Counter
Appliances: Range; Oven; Double Oven; Microwave; Refrigerator; Dishwasher; Washer/Dryer
Flooring: Luxury Vinyl
Features-Additional: Accessory Dwelling Unit (ADU); Private Yard; Deck/Patio; Fire Pit; Fire Service Area; Hot Tub; In City Limits; Landscaping; Lot-Bluff; Road Service Area; Shed; Storage; View; Circle Driveway; RV Parking
Access Type: Government; Maintained
View Type: Bay; Glacier; Inlet; Mountains; Ocean; Spit; Unobstructed
Topography: Bluff; Gently Rolling; Level
Wtrfrnt-Frontage: Inlet
Wtrfrnt-Access Near: None
Listing Terms Financing: Cash; Conventional
Docs Avl for Review: Docs Posted on MLS
Supplements
or an owner-occupied hospitality investment.
The main residence welcomes guests with stunning bayside views, a spacious primary suite with a King bed, a semi-secluded loft featuring two Queen beds, two full bathrooms, a cozy living room, and a fully equipped kitchen. Step outside onto the expansive deck where guests can relax in the 4-person hot tub, gather around the outdoor seating area, or enjoy BBQ evenings while taking in spectacular sunsets over the bay.
The second accommodation, known as the Bear Den, offers approximately 800 square feet of comfortable living space complete with a living room, kitchenette, dining area, and full bath--perfect for additional guests or rental income.
Perched above the property, the Eagle's Nest provides a private 800 square foot retreat featuring a Queen primary bedroom, living room, kitchen, dining area, and bath. With its elevated setting, guests enjoy a true bird's-eye view of the entire property along with sweeping vistas of Kachemak Bay and Cook Inlet.
A truly unique opportunity to own an established Alaskan getaway where natural beauty, privacy, and income potential come together in one extraordinary setting.
IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: May - 21 - 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.
Property Profile