42706 Old Sterling Highway, Anchor Point, AK 99556
Local realty services provided by:CENTURY 21 Realty Solutions
42706 Old Sterling Highway,Anchor Point, AK 99556
$999,000
- 36 Beds
- 12 Baths
- 21,798 sq. ft.
- Single family
- Active
Listed by: allison trimble paparoa, lisa hanson
Office: coastal realty
MLS#:25-7227
Source:AK_AMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$45.83
About this home
ABSOLUTE ONLINE AUCTION - SELLING REGARDLESS OF PRICE! Alaskan Land Development Opportunity - BIDDING ENDS AUGUST 27TH
Positioned on 9.09± acres along the highly traveled Old Sterling Highway, the Alaskan Land Development Opportunity presents a rare chance to acquire and complete a large-scale residential housing development in one of Alaska's most supply-constrained markets. Designed to meet the increasing demand for workforce and affordable housing throughout the southern Kenai Peninsula, this partially completed project offers investors the chance to finish construction according to their own vision while creating a significant long-term income-producing asset.
The development consists of six duplex-style buildings totaling 12 residential units, each thoughtfully designed with three bedrooms, one oversized bathroom, a full kitchen, and comfortable living space. In addition, the property includes three separate bunkhouse-style buildings that, once completed, will accommodate up to 48 occupants, creating exceptional flexibility for employee housing, seasonal lodging, or short-term rental opportunities.
The campus was originally planned to support Alaska's expanding workforce across industries including commercial fishing, oil and gas, construction, tourism, healthcare, and other seasonal employment sectors. As housing shortages continue throughout the region, investors have the opportunity to complete a project that addresses a growing market need while creating multiple revenue streams from one strategically located property.
With excellent highway frontage, private access, scalable infrastructure, and room for future growth, this development offers the foundation for a highly desirable housing investment in one of Alaska's strongest rental markets. Visit J. P. King Auction Company's website for more details....
Contact an agent
Home facts
- Year built:2023
- Listing ID #:25-7227
- Added:438 day(s) ago
- Updated:August 25, 2026 at 02:34 PM
Rooms and interior
- Bedrooms:36
- Total bathrooms:12
- Full bathrooms:12
- Living area:21,798 sq. ft.
Structure and exterior
- Year built:2023
- Building area:21,798 sq. ft.
- Lot area:9.09 Acres
Schools
- High school:Homer
- Middle school:Chapman
- Elementary school:Chapman
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$45.83
New listings near 42706 Old Sterling Highway
- New
$249,000Active1 beds 1 baths936 sq. ft.35077 Old Sterling Highway, Anchor Point, AK 99556
MLS# 26-10831Listed by: SARAH BELLER REAL ESTATE - New
$64,900Active3.56 AcresL18 B4 Plumb Bluff Estates, Anchor Point, AK 99556
MLS# 26-10724Listed by: EXP REALTY, LLC - New
$68,900Active4.62 AcresL16 B4 Plumb Bluff Estates, Anchor Point, AK 99556
MLS# 26-10725Listed by: EXP REALTY, LLC - New
$175,000Active2 beds 1 baths1,000 sq. ft.69311 Tall Tree Avenue, Anchor Point, AK 99556
MLS# 26-10613Listed by: SARAH BELLER REAL ESTATE - New
$59,900Active1.07 Acres69272 Royce Drive, Anchor Point, AK 99556
MLS# 26-10556Listed by: EXP REALTY, LLC - New
$349,000Active1 beds 1 baths1,212 sq. ft.32420 Kingfisher Place, Anchor Point, AK 99556
MLS# 26-10402Listed by: KACHEMAK REAL ESTATE GROUP REAL BROKER
$250,000Pending2 beds 2 baths1,324 sq. ft.71564 Greenfield Road, Anchor Point, AK 99556
MLS# 26-9780Listed by: KACHEMAK REAL ESTATE GROUP REAL BROKER
$395,000Active3 beds 1 baths1,536 sq. ft.34672 Beachcomber Street, Anchor Point, AK 99556
MLS# 26-10107Listed by: BERKSHIRE HATHAWAY HOMESERVICES ALASKA REALTY
$139,000Active1 beds 1 baths860 sq. ft.71340 Greenfield Road, Anchor Point, AK 99556
MLS# 26-10174Listed by: HOMER REAL ESTATE
$229,000Active1 beds 1 baths440 sq. ft.36052 N Fork Road, Anchor Point, AK 99556
MLS# 26-7956Listed by: ALASKA 1ST REALTY, INC.