$1,290,000
3800 Sterling Highway
Homer, AK 99603
MLS# 26-786
3 beds  |  2 baths  |  3084 sqft


5 acres of Diamonds
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Property Description
Five acres of useable land already leased to multiple tenants, providing immediate income. The home offers superb living or rental opportunity. When you hear the term passive income; think of this property . You can expand lease opportunity or make your own base of operation. This is a rare chance to control a key property at entrance to Homer.

Details
Maps
Documents
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 17316038
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Legal: T 6S R 14W SEC 15 Seward Meridian HM W1/2 NE1/4 SW1/4 NW1/4
Contract Info
Foreclosure/Bank Own: No
Price-List: 1290000
Date-Listing: 2026-01-28
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 1
Bathrooms Full: 1
Bathrooms Total: 2
Acres: 5
SF-Lot: 217800
Lot Area Source: Tax Authority
Year Updated: 2020
Zoning: RR - Rural Residential
Garage Spaces: 2
SF-Gar: 780
Carport Spaces: 2
Beds: 3
SF-Res: 3084
Year Built: 1984
Remarks and Directions
Directions: From Downtown Homer, head up the Sterling to just past the gas station, look for property on the right (see sign on large crab pot).
Residential Type
Single Family Res: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Floor Furnace: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
Foundation Type
All-Weather Wood: 1
Poured Concrete: 1
Wtrfrnt-Access Near
None: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
None: 1
Carport Type
Detached: 1
Flooring
Carpet: 1
Luxury Vinyl: 1
Vinyl: 1
Floor Style
Two-Story Tradtnl: 1
Features-Interior
Smoke Detector(s): 1
Vaulted Ceiling(s): 1
Washer &/Or Dryer Hookup: 1
Wood Stove: 1
Appliances
Range: 1
Gas Oven: 1
Refrigerator: 1
Dishwasher: 1
Washer/Dryer Stacked: 1
Features-Additional
Barn/Shop: 1
Deck/Patio: 1
Fire Service Area: 1
Garage Door Opener: 1
In City Limits: 1
RV Parking: 1
Storage: 1
Water Source
Private: 1
Well: 1
Access Type
Government: 1
Maintained: 1
Paved: 1
Mortgage Info
EM Minimum Deposit: 10000
Dining Room Type
Area: 1
Sewer Type
Septic Tank: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 3800
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: Single Family Res
Construction Type: Wood Frame
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: All-Weather Wood; Poured Concrete
Floor Style: Two-Story Tradtnl
Garage Type: Attached
Carport Type: Detached
Heating: Floor Furnace; Natural Gas
Sewer Type: Septic Tank
Water Source: Private; Well
Dining Room Type: Area
Features-Interior: Smoke Detector(s); Vaulted Ceiling(s); Washer &/Or Dryer Hookup; Wood Stove
Appliances: Range; Gas Oven; Refrigerator; Dishwasher; Washer/Dryer Stacked
Flooring: Carpet; Luxury Vinyl; Vinyl
Features-Additional: Barn/Shop; Deck/Patio; Fire Service Area; Garage Door Opener; In City Limits; Storage; RV Parking
Access Type: Government; Maintained; Paved
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Listing Terms Financing: Cash; Conventional
Docs Avl for Review: Docs Posted on MLS

IDX
Listing Office: Story Real Estate

Last Updated: January - 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.