$1,650,000
Sterling, AK 99669
MLS# 26-2956
8 beds | 7 baths | 4456 sqft

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Property Description
TRULY ONE-OF-A-KIND ALASKA ESTATE WITH INCOME + VIEWS Rare opportunity to own a 7.14-acre multi-residence property on two parcels (37905 / 37909 Hall Road) overlooking the Kenai River basin and Kenai Mountains. This unique estate blends proven rental income, privacy, and exceptional craftsmanship.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1650000
Date-Listing: 2026-03-27
Status: Active
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: Los Atlos 2013 Addn L1B & L1C
School-Elementary: Sterling
School-Middle: Skyview
School-High: Soldotna
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 2
Bathrooms Full: 5
Bathrooms Total: 7
Bldgs-Ttl #: 4
Acres: 7.14
SF-Lot: 311018.4
Lot Area Source: Tax Authority
Zoning: UNK - Unknown
Garage Spaces: 0
Carport Spaces: 1
Prkg Spcs: 8
Beds: 8
Year Built: 2000
SF-Res: 4456
Number of Units: 4
Directions and Remarks
Directions: From Soldotna, take the Sterling Highway to Right onto Scout Lake Loop, Right onto Lou Morgan Road, follow road to near end and take a right onto Hall Road. Driveway is on Left. Do not disturb guests.
Multi-Family Type
Other - See Remarks: 1
Building Info
Units- # of Effcncy: 2
Units-# of 1 BR: 1
Units- # of 2 BR: 1
Units-# of 3 BR: 1
Exterior Finish
Log: 1
Heating
Baseboard: 1
Natural Gas: 1
Radiant Floor: 1
See Remarks: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Post & Beam: 1
Wood Frame: 1
Foundation Type
Other: 1
View Type
Mountains: 1
Wtrfrnt-Access Near
River: 1
Garage Type
Other-See Remarks: 1
Wtrfrnt-Frontage
None: 1
Carport Type
Detached: 1
Flooring
Carpet: 1
Hardwood: 1
Luxury Vinyl: 1
Tile: 1
Sewer-Type
Septic Tank: 1
Water Source
Private: 1
Well: 1
Access Type
Government: 1
Paved: 1
Maintained: 1
Features-MultiFamily
Covenants: 1
CO Detector(s): 1
Fire Pit: 1
Laundry Facility: 1
Shed: 1
Smoke Detector(s): 1
Vaulted Ceiling(s): 1
Washer/Dryer: 1
Docs Avl for Review
CC&R's: 1
Docs Posted on MLS: 1
Prop Discl Available: 1
Location Tax and Legal
Area: 340 - Sterling
Street #: 37905
Street Name: Hall
Arterial: Road
Closest USPS Town: Sterling
State: AK
Zip Code: 99669
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Log
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Other
Construction Type: Post & Beam; Wood Frame
Garage Type: Other-See Remarks
Carport Type: Detached
Heating: Baseboard; Natural Gas; Radiant Floor; See Remarks
Sewer-Type: Septic Tank
Water Source: Private; Well
Access Type: Government; Paved; Maintained
View Type: Mountains
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: River
Features-MultiFamily: Covenants; CO Detector(s); Fire Pit; Laundry Facility; Shed; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer
Flooring: Carpet; Hardwood; Luxury Vinyl; Tile
Docs Avl for Review: CC&R's; Docs Posted on MLS; Prop Discl Available
Supplements
Features include: 3 bed / 2 bath custom post & beam main home (Raven's Bluff House), 2 bed / 1 bath walkout daylight in-law apartment, detached log workshop/rec building with 1 bed / 1 bath apartment, plus two additional cabins. Many furnishings included.
Established income streams:
- Main house + in-law unit operate as a successful VRBO tourism rental with 14-year history, 75+ five-star reviews, and repeat guests
- Cabins + workshop apartment are leased to long-term tenants for steady year-round income
Exceptional setting: Southern exposure with sunrise views over the mountains and all-day sunlight, plus peaceful sunset views over a western valley. Frequent wildlife sightings include eagles, moose, lynx, and seasonal migrations of Sandhill Cranes and other birds.
Prime location: Approx. 10-minute walk via paved road or 15-minute wooded trail to Morgan's Landing (Alaska State Parks) offering riverfront hiking trails and elevated fishing platforms on the Kenai River. Flexible use: continue mixed rental model, expand tourism, or create a private retreat. Package sale only. Cash or conventional financing.
IDX
Listing Office: Century 21 Realty Solutions Freedom Branch
Last Updated: March - 31 - 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.
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