$875,000
725 Sterling Highway
Homer, AK 99603
MLS# 26-2040
1340 sqft


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Property Description
Welcome to one of the most unique properties at the gateway to Homer! Situated on 1.66 acres on the bluff, this iconic property offers unobstructed views of Kachemak Bay and the surrounding mountains, along with incredible visibility along the Sterling Highway as you drive into town.

Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 875000
Date-Listing: 2026-03-04
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: Bluff Park #5 L3A
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class B
Building Status: Owner Occupied
Acres: 1.66
SF-Lot: 72309.6
Lot Area Source: Tax Authority
Zoning: RMKS - See Remarks
Floors: 1
Type of Property: Mixed Use
SF-Res: 1340
Year Built: 2014
Directions and Remarks
Directions: Coming into Homer just passed West Hill Road the property is on the right.
To Show
ShowingTime: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Primary Space
Hospitality: 1
Secondary Space
Retail: 1
Exterior Finish
Wood: 1
Heating
Floor Furnace: 1
Natural Gas: 1
Roof Type
Metal: 1
Construction Type
Wood Frame - 2x4: 1
Wood Frame - 2x6: 1
View Type
Bay: 1
City Lights: 1
Glacier: 1
Inlet: 1
Mountains: 1
Ocean: 1
Unobstructed: 1
Foundation
All-Weather Wood: 1
Flooring
Carpet: 1
Walls
Sheetrock: 1
Access
Government: 1
Maintained: 1
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Features-Commercial
In City Limits: 1
Living Quarters: 1
On-Site Parking: 1
Restroom(s)-Private: 1
Wtrfnt-Actual Frntg: 1
Documents
Docs Posted on MLS: 1
Location Tax and Legal
Area: 490 - Homer
Street #: 725
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Primary Space: Hospitality
Secondary Space: Retail
Heating: Floor Furnace; Natural Gas
Exterior Finish: Wood
Construction Type: Wood Frame - 2x4; Wood Frame - 2x6
Foundation: All-Weather Wood
Roof Type: Metal
Flooring: Carpet
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: In City Limits; Living Quarters; On-Site Parking; Restroom(s)-Private; Wtrfnt-Actual Frntg
Access: Government; Maintained; Paved
View Type: Bay; City Lights; Glacier; Inlet; Mountains; Ocean; Unobstructed
To Show: ShowingTime
Listing Terms Financing: Cash; Conventional
Documents: Docs Posted on MLS
Supplements
Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity for commercial, residential, or mixed-use potential. The charming lighthouse feature creates a memorable landmark and adds character that draws attention from locals and visitors alike. Inside, the space can continue as a food service or retail operation, or be reimagined as a comfortable bluff-top residence with panoramic views. With ample parking and excellent highway frontage, the property offers exceptional exposure for a business while still providing the privacy and scenery of a bluff property. The 1.66-acre lot provides room to expand, build additional structures, or create a private retreat, all while enjoying sweeping vistas of the bay, glaciers, and mountains. Whether you're looking for a high-visibility business location, an iconic Homer landmark, or a one-of-a-kind home overlooking the bay, this property offers endless possibilities in an unbeatable location. Opportunities like this at the entrance to Homer rarely come available.

IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty

Last Updated: March - 05 - 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.