$349,000
Homer, AK 99603
MLS# 25-3928

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Property Description
4 years of permitting and site work, already done. 4.37 acres on the Sterling Highway outside Homer, with approximately 650 feet of highway frontage and roughly 4,000 vehicles passing daily. Kenai Peninsula Borough -- no zoning. What gets built here is the owner's decision, not a planning department. Most of what makes a raw parcel slow and expensive is already finished, surveyed, and documented
Details
Maps
Documents
Contract Info
Subdivision Plat Type: Fee Simple
Foreclosure/Bank Own: No
Price-List: 349000
Date-Listing: 2025-04-10
Status: Active
Property Info
Realtor.com Type: Vacant Land
Acres: 4.37
SF-Lot: 190357.2
Lot Area Source: Tax Authority
Zoning: UNZ - Not Zoned
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Remote Description: Sunny Slope #1 L3-4 B1
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Sunny Slope #1 L3-4 B1
Directions and Remarks
Directions: Mile 167 of the Sterling Hwy. 1,000 ft north of Diamond Ridge.
Vacant Land Type
Commercial: 1
Residential: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Owner Finance: 1
Land Features
Building Present: 1
Driveway: 1
Fire Service Area: 1
Gravel Pad: 1
Highway Frontage: 1
Multi-Family Ok: 1
Road Service Area: 1
Topography
Level: 1
Wtrfrnt-Access Near
Ocean: 1
Wtrfrnt-Frontage
None: 1
Utilities
Elec - On Site: 1
Nat Gas - On Site: 1
Pub Wtr-None: 1
Septic-DEC Approval: 1
Septic - On Site: 1
Access
Maintained: 1
Paved: 1
Road Maintenance
Road Mntd All Year: 1
Documents
Appraisal: 1
As-Built: 1
Docs Posted on MLS: 1
Location Tax and Legal
Area: 482 - Anchor Point to Homer
Street #: 41110
Street Name: Sterling
Arterial: Highway
Street Addl Info: & 41080
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Vacant Land Type: Commercial; Residential
Listing Terms Financing: Cash; Conventional; Owner Finance
Land Features: Building Present; Driveway; Fire Service Area; Gravel Pad; Highway Frontage; Multi-Family Ok; Road Service Area
Topography: Level
Wtrfrnt-Access Near: Ocean
Wtrfrnt-Frontage: None
Utilities: Elec - On Site; Nat Gas - On Site; Pub Wtr-None; Septic-DEC Approval; Septic - On Site
Access: Maintained; Paved
Road Maintenance: Road Mntd All Year
Documents: Appraisal; As-Built; Docs Posted on MLS
Supplements
ENSTAR commercial natural gas -- permitted and engineered. Approved remote commercial meter set with rotary meter, underground distribution designed across the site with anodeless risers. Connection and final build remain. The permit alone took four years to secure.
Commercial septic system, installed and as-built surveyed
325/400-amp electrical service installed by Shank Electric -- 200-amp extended to the end of the development pad, dedicated 100-amp service at each of ten sites
20' × 30' insulated water building with two 2,500-gallon cisterns, pressure and booster pumps, and a ten-outlet distribution manifold feeding 1" poly service lines -- winterized and ready to run
CAT5 run to each site from a central modem
Two gravel highway accesses and a large compacted gravel pad
Pond frontage, with mature spruce along the eastern boundary
Held as two adjoining tax parcels (2.501 and 1.871 acres), sold together -- giving the buyer natural flexibility to phase construction or hold one side while developing the other.
With no zoning, the range of use is unusually wide: cabins or nightly rentals, RV park, boat and equipment storage, a contractor yard with highway frontage and heavy power already set, or highway retail.
Architectural plans and 3D renderings for an eight-cabin resort with a 1,637 sq ft main building convey with the sale, along with the full documentation package: survey, ENSTAR gas engineering, septic as-built, and water system schematics.
IDX
Listing Office: Homer Real Estate
Last Updated: July - 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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