$875,000
725 Sterling Highway
Homer, AK 99603
MLS# 26-2073
1 beds  |  2 baths  |  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. Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity

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: 17510071
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Legal: Bluff Park #5 L3A
Contract Info
Foreclosure/Bank Own: No
Price-List: 875000
Date-Listing: 2026-03-04
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 1
Bathrooms Three Quarter: 0
Bathrooms Full: 1
Bathrooms Total: 2
Acres: 1.66
SF-Lot: 72309.6
Lot Area Source: Tax Authority
Zoning: RMKS - See Remarks
Garage Spaces: 0
Carport Spaces: 0
Beds: 1
SF-Res: 1340
Year Built: 2014
Remarks and Directions
Directions: Coming into Homer just passed West Hill Road the right.
Residential Type
B & B Potential: 1
Recreational/Cabin: 1
Single Family Res: 1
To Show
ShowingTime: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Wood: 1
Heating
Floor Furnace: 1
Natural Gas: 1
Topography
Bluff: 1
Gently Rolling: 1
Level: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
Wood Frame - 2x4: 1
Wood Frame - 2x6: 1
Foundation Type
All-Weather Wood: 1
View Type
Bay: 1
Glacier: 1
Mountains: 1
Ocean: 1
Unobstructed: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
Bay/Harbor: 1
Inlet: 1
Carport Type
None: 1
Flooring
Carpet: 1
Waterfront Details
Waterfront Name: Kachemak Bay
Floor Style
Cabin: 1
Ranch-Traditional: 1
Features-Interior
BR/BA on Main Level: 1
CO Detector(s): 1
Electric: 1
Appliances
Range Hood: 1
Oven: 1
Refrigerator: 1
Features-Additional
Fire Service Area: 1
In City Limits: 1
Road Service Area: 1
RV Parking: 1
View: 1
Waterfront: 1
Water Source
Public: 1
Dining Room Type
Area: 1
Sewer Type
Public Sewer: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 725
Street Name: Sterling
Arterial: Highway
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B Potential; Recreational/Cabin; Single Family Res
Construction Type: Wood Frame; Wood Frame - 2x4; Wood Frame - 2x6
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: All-Weather Wood
Floor Style: Cabin; Ranch-Traditional
Garage Type: None
Carport Type: None
Heating: Floor Furnace; Natural Gas
Sewer Type: Public Sewer
Water Source: Public
Dining Room Type: Area
Features-Interior: BR/BA on Main Level; CO Detector(s); Electric
Appliances: Range Hood; Oven; Refrigerator
Flooring: Carpet
Features-Additional: Fire Service Area; In City Limits; Road Service Area; View; Waterfront; RV Parking
View Type: Bay; Glacier; Mountains; Ocean; Unobstructed
Topography: Bluff; Gently Rolling; Level
Wtrfrnt-Frontage: Bay/Harbor; Inlet
Wtrfrnt-Access Near: None
To Show: ShowingTime
Listing Terms Financing: Cash; Conventional
Docs Avl for Review: Docs Posted on MLS
Supplements
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.