18465 Sterling Highway, Cooper Landing AK 995721 / 34

$1,200,000

Active

18465 Sterling Highway

Cooper Landing AK 99572

Berkshire Hathaway HomeServices Alaska Realty

19

Bedrooms

14

Bathrooms

4,352

Sq Ft

1985

Year Built

$276/sqft00.86 acres lot

MLS# 26-2280· Listed Mar 10, 2026

Live MLS feed

About This Home

The Alpine Inn - Cooper Landing, Alaska Rare turn-key hospitality opportunity in the heart of Cooper Landing, just steps from the world-famous Kenai River and surrounded by some of Alaska's best fishing and outdoor recreation. The Alpine Inn offers prime highway frontage and excellent visibility, making it an ideal investment for anyone looking to step into a thriving seasonal tourism business. The property features a 12-unit motel totaling over 4,300+ square feet, with each room equipped with a private bathroom and kitchenette, providing comfort and convenience for guests visiting the area for fishing, adventure, and sightseeing. Two additional apartments, 2-bdrm 1 full bath and 3Bdrm 1 full bath. The business currently operates April through October, capturing the peak tourism and fishing season. Motel Unit Layout: " Room 1 - Two Queens " Room 2 - Queen & Twin " Room 3 - Queen & Twin " Room 4 - Queen & Twin " Room 5 - King & Twin " Room 6 - Queen " Room 7 - Queen " Room 8 - Queen & Twin " Room 9 - Queen & Twin " Room 10 - Queen & Twin " Room 11 - Three Twins " Room 12 - Queen & Twin All motel units include hot water baseboard heat, internet access, and smart TVs, and the property is equipped with exterior security cameras. A 2,100+ square foot retail/office building serves as the main check-in area and includes additional retail supplies available for purchase. Behind the office are two kitchens, five rooms with full beds, and two bathrooms, creating an excellent setup for staff housing or on-site owner living. The grounds offer additional income potential and guest amenities, including green space along a nearby creek that has been used for seasonal tent camping or glamping rentals. The property also includes a Dry Red Cabin (nightly rental - negotiable) and a coffee cart, providing further opportunities to expand revenue. Additional features include: " Laundry facility located behind the motel " Coffee shop structure currently used for storage " Side parking area suitable for a 5th-wheel (current trailer negotiable) This well-known Cooper Landing property offers multiple income streams, strong seasonal demand, and room for future growth, making it a unique opportunity to own a hospitality business in one of Alaska's most visited fishing destinations.

Documents & insights

2 to review

27 documents from current & prior listings · parcel #11926018.

AI Summary

Summary of 27 documents from this property's current and prior listings. 2 items worth reviewing, plus 15 additional facts captured.

A sample of what's in the documents

Worth a lookPrior listing — Closed Jun 2016

Document listed a known issue

The Owner's Statement notes this item as a known issue. Exact wording from the document is quoted below.

The river is prone to flooding in late summer, affecting fishing traffic
View source — Owner's Statement
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Property Details

Property TypeResidential Income
Full Baths14
Half Baths0
Garage Spaces0
Year Built1985
Lot Size0.86 acres
Parcel #11926018
MLS #26-2280

Heating

BaseboardForced AirOilPropane

Flooring

Carpet

Sewer

Septic Tank

View

Mountain(s)

Price & Status History

3/10/2026
Listed for sale
$1,200,0000.0%
$276/sqft
Source: AKMLS #26-2280
3/10/2026
Listed for sale
$1,200,000+20.4%
$276/sqft
1/17/2024
Listed for sale
$997,0000.0%
$229/sqft
1/17/2024
Listed for sale
$997,0000.0%
$229/sqft
1/17/2024
Listed for sale
$997,000-20.2%
$229/sqft
6/14/2023
Listed for sale
$1,250,0000.0%
$287/sqft
6/14/2023
Listed for sale
$1,250,000-3.6%
$287/sqft
4/28/2022
Listed for sale
$1,297,000-13.5%
$298/sqft
4/6/2020
Listed for sale
$1,500,000+160.9%
$345/sqft
6/16/2016
Sold
$575,000-35.8%
$132/sqft
8/24/2010
Listed for sale
$895,000+2.3%
$206/sqft
5/18/2008
Listed for sale
$875,000
$201/sqft

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

Equal Housing Opportunity

Listed by: Gina Pelaia · Berkshire Hathaway HomeServices Alaska 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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Mortgage Estimate

Down payment10% · $120,000
Interest rate7.0%
Loan term30 years

$7,185/mo

$1,080,000 loan · 30yr · 7.0%

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

Emily Etter

Dream Makers

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