18465 Sterling Highway, Cooper Landing, AK 99572

$1,200,000
Property Type: Multi-Family Bedrooms: 19 Baths: 14 Square Footage: 4,352 Lot Size (sq. ft.): 37,462 Status: Active
Current Price: $1,200,000 Last Modified: 6/28/2026

Description

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.

Supplements: 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.

More Information MLS# 26-2280

Contract Info

Price-List: 1200000 Date-Listing: 2026-03-10 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 365 - Seward - Cooper Landing Street #: 18465 Street Name: Sterling Arterial: Highway Closest USPS Town: Cooper Landing State: AK Zip Code: 99572

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 19 Bathrooms Full: 14 Bathrooms Total: 14 Bldgs-Ttl #: 4 Year Built: 1985 SF-Res: 4352 Number of Units: 14 SF-Lot: 37461.6 Acres: 0.86 Prkg Spcs: 20 Lot Area Source: Tax Authority Zoning: UNZ - Not Zoned

Directions and Remarks

Directions: From Anchorage, take the Sterling Highway to Cooper Landing, go over the Kenai River Bridge. Just past mile 48, the hotel is on the left, just after Edwards St.

Property Features

Multi-Family Type: Up and Down; Multi Family Roof Type: Metal Foundation Type: Block Construction Type: Block Carport Type: None Heating: Baseboard; Forced Air; Oil; Propane Sewer-Type: Septic Tank Water Source: Private Access Type: Government View Type: Mountains Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Lake; River Features-MultiFamily: In City Limits; Laundry Facility; Owner Occupied; Parkside; Shed; Smoke Detector(s); RV Parking Flooring: Carpet To Show: ShowingTime Docs Avl for Review: Docs Posted on MLS Listing Terms Financing: Cash; Conventional
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: June - 28 - 2026
18465 Sterling Highway, Cooper Landing, AK 99572- MLS# 26-2280
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.