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42706 Old Sterling Highway, Anchor Point, AK 99556

Anchor Point
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

Anchor Bridge Workforce Housing Campus presents a unique opportunity to own a nearly completed income-generating property in the heart of Alaska's Kenai Peninsula. Strategically located along Old Sterling Highway in Anchor Point--just 15 miles from Homer--this purpose-built workforce housing project includes 36 private rooms across duplex-style buildings.Designed to meet the urgent housing needs of seasonal and industrial workers in fishing, construction, oil, gas, and tourism, the campus is ideal for both individual rentals and bulk leasing to employers. Each unit features shared kitchen and bathroom facilities, with electric, natural gas, internet, and water delivery already in place. The offering includes approximately $500,000 in remaining completion work to be undertaken by the buyer, with clear plans for expansion including a 48-bed bunkhouse, laundry facilities, and corner lot development. First-year financial projections show positive cash flow by Month 9, with a stabilized

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Home facts

  • Year built:2023
  • Listing ID #:25-7227
  • Added:258 day(s) ago
  • Updated:February 10, 2026 at 03:24 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

  • Water:Cistern, Water Delivered
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$999,000
  • Price per sq. ft.:$45.83
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