40594 Sterling Highway, Soldotna AK 996691 / 8

$1,100,000

Originally $1,450,000

Active

40594 Sterling Highway

Soldotna AK 99669

Truesdell

Herrington and Company, LLC

0

Bathrooms

17.29 acres lot

MLS# 26-1790· Listed Feb 26, 2026

Live MLS feed

About This Property

Over 17 acres of exceptional opportunity on the Sterling Highway! This highly visible property includes an established mobile home park on the east side with 18 utility hookups already in place (water, sewer, gas, electric). Excellent Cash-Flow Potential. Tenants are M2M. Strategic highway location with strong traffic count and easy access make this a versatile asset for investors or developers. The Mobile home park benefits from a stable base of long-term monthly tenants, providing consistent, reliable income from day one. Long-tenured residents speak to the desirability of the property and the strong sense of community that has developed over the years. Soldotna serves as a hub for the Kenai Peninsula, offering residents convenient access to shopping, dining, healthcare, schools, and world-class recreational opportunities including the legendary Kenai River fishery, hiking, and Alaska's breathtaking outdoor lifestyle. The area's steady demand for affordable housing makes mobile home parks a resilient and sought-after asset class in this market. With 17.29 acres, there is also notable potential for future expansion or development, subject to local zoning and borough regulations. Whether you're an experienced park operator or a real estate investor seeking a cash-flowing Alaskan asset, this property offers both immediate returns and long-term upside. Don't miss the chance to own a piece of Alaska's growing Kenai Peninsula -- a community-anchored business in one of the state's most vibrant regions.

Property Details

Property TypeBusiness Opportunity
Sub TypeUnimproved Land
Lot Size17.29 acres
SubdivisionTruesdell
Legal DescriptionTruesdell #2 Tr B
Parcel #05803409
MLS #26-1790

Price & Status History

6/12/2026
Price reduced
$1,100,000-24.1%
Source: AKMLS #26-1790
6/12/2026
Price increased
$1,450,000+31.8%
Source: AKMLS #26-1790
6/12/2026
Price reduced
$1,100,0000.0%
Source: AKMLS #26-1790
2/26/2026
Listed for sale
$1,100,000
Source: AKMLS #26-1790

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

Equal Housing Opportunity

Listed by: Silvia Brugger · Herrington and Company, LLC

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. Listing data is synchronized from Alaska MLS continuously, multiple times per hour.

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AKMLS). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Dream Makers are marked with either the listing brokerage's logo or the AKMLS logo and information about them includes the name of the listing brokerage.

Better Homes and Gardens Real Estate Dream Makers · Licensed in Alaska. Fair Housing laws protect all buyers and sellers.

Matthew Ficek

Matthew Ficek

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

Ready to schedule a private showing or answer your questions about this home.

No obligation · Response within 2 hours

Trusted by Clients

Mortgage Estimate

Down payment10% · $110,000
Interest rate7.0%
Loan term30 years

$6,586/mo

$990,000 loan · 30yr · 7.0%

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

Matthew Ficek

Dream Makers

Similar Homes in Soldotna