41110 Sterling Highway, Homer AK 996031 / 18

$425,000

Originally $465,000

Expired

41110 Sterling Highway

Homer AK 99603

Bay Realty

0

Bathrooms

600

Sq Ft

2022

Year Built

$708/sqft4.37 acres lot

MLS# 23-9229· Listed Jul 31, 2023

Live MLS feed

About This Home

Highly Visible, High Traffic Business Opportunity in Homer is looking for an Entrepreneur! Homer Tiny Suites is 4.37 Acres of property just north of Homer. Housing is one of Homer's major concerns and this property is ready to develop with multiple housing/ RV Parking options, but many types of businesses could thrive in this location. The property has a Utility Shed 20x30, two foundations 14'X28', 12 in thick on two parcels of land. Property has a new commercial septic system, two 2,500-gallon cisterns, Natural Gas and a Lily Pad Pond. The sale includes Starlink internet equipment and cameras. The Tiny Homes can be sold with the property (see MLS 22-15372) or separately (MLS 23-282) They are not included in this listing and will be moved prior to closing. Two entrances with 650 ft of Sterling Hwy frontage make this an ideal location for an income property. Imagine a Vacation Rental with a mini golf course around the pond and an Ice Cream shop. Property has been appraised (see docs) with Northrim Bank. Seller will consider owner financing.

Documents & insights

7 to review

29 documents from current & prior listings · parcel #17352003, 17352004.

AI Summary

Summary of 29 documents from this property's current and prior listings. 7 items worth reviewing, plus 137 additional facts captured.

What the seller reported about utilities

From disclosure

The document depicts a water system schematic featuring a well and a 2500-gallon cistern tank with a booster pump system. The layout includes connections for a well service line, a 1" poly service line to cabins, a pump supply pipe, a tank truck fill line, and a tank overflow line.

Source: Water shed plans · Current listing

Reflects the prior owner's usage and providers. Your costs may vary.

A sample of what's in the documents

Worth a lookPrior listing — Expired Nov 2024

Disclosure listed a known issue

The Property Disclosure notes this item as a known issue. Exact wording from the document is quoted below.

Potential framing deficiencies present at door / window openings
View source — Property Disclosure
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Documents on this listing

Documents from prior listings(24) · sign in to open

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Disclosure timeline

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Property Details

Property TypeBusiness Opportunity
Sub TypeLand & Building
Year Built2022
Lot Size4.37 acres
Parcel #17352003, 17352004
MLS #23-9229

Heating

Forced AirNatural Gas

Flooring

Concrete

Sewer

Lift StationSeptic Tank

Price & Status History

5/7/2026
Back on Market
$399,0000.0%
$665/sqft
4/11/2026
Expired
$399,0000.0%
$665/sqft
5/28/2025
Listed for sale
$399,0000.0%
$665/sqft
4/10/2025
Listed for sale
$399,000-6.1%
$665/sqft
7/31/2023
Listed for sale
$425,000-35.1%
$708/sqft
Source: AKMLS #23-9229
11/30/2022
Listed for sale
$655,0000.0%
$364/sqft
11/21/2022
Listed for sale
$655,000+385.5%
$364/sqft
10/5/2021
Sold
$134,900
$225/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Jill Gunnerson · Bay Realty

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Matthew Ficek

Matthew Ficek

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $42,500
Interest rate7.0%
Loan term30 years

$2,545/mo

$382,500 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Matthew Ficek

Dream Makers

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