37905 Hall Road, Sterling, AK 99669

$1,650,000
Property Type: Multi-Family Bedrooms: 8 Baths: 7 Square Footage: 4,456 Lot Size (sq. ft.): 311,018 Status: Active
Current Price: $1,650,000 Last Modified: 4/06/2026

Description

TRULY ONE-OF-A-KIND ALASKA ESTATE WITH INCOME + VIEWS! Rare opportunity to own a 7.14-acre multi-residence property on two parcels (37905 / 37909 Hall Road) overlooking the Kenai River basin and Kenai Mountains. This unique estate blends proven rental income, privacy, and exceptional craftsmanship.

Supplements: Features include: 3 bed / 2 bath custom post & beam main home (Raven's Bluff House), 2 bed / 1 bath walkout daylight in-law apartment, detached log workshop/rec building with 1 bed / 1 bath apartment, plus two additional cabins. Many furnishings included. Established income streams: - Main house + in-law unit operate as a successful VRBO tourism rental with 14-year history, 75+ five-star reviews, and repeat guests - Cabins + workshop apartment are leased to long-term tenants for steady year-round income Exceptional setting: Southern exposure with sunrise views over the mountains and all-day sunlight, plus peaceful sunset views over a western valley. Frequent wildlife sightings include eagles, moose, lynx, and seasonal migrations of Sandhill Cranes and other birds. Prime location: Approx. 10-minute walk via paved road or 15-minute wooded trail to Morgan's Landing (Alaska State Parks) offering riverfront hiking trails and elevated fishing platforms on the Kenai River. Flexible use: continue mixed rental model, expand tourism, or create a private retreat. Package sale only. Cash or conventional financing.

More Information MLS# 26-2956

Contract Info

Price-List: 1650000 Date-Listing: 2026-03-27 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 340 - Sterling Street #: 37905 Street Name: Hall Arterial: Road Closest USPS Town: Sterling State: AK Zip Code: 99669

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 8 Bathrooms Three Quarter: 2 Bathrooms Full: 5 Bathrooms Total: 7 Bldgs-Ttl #: 4 Year Built: 2000 SF-Res: 4456 Number of Units: 4 SF-Lot: 311018.4 Acres: 7.14 Carport Spaces: 1 Prkg Spcs: 8 Lot Area Source: Tax Authority Zoning: UNK - Unknown

Directions and Remarks

Directions: From Soldotna, take the Sterling Highway to Right onto Scout Lake Loop, Right onto Lou Morgan Road, follow road to near end and take a right onto Hall Road. Driveway is on Left. Do not disturb guests.

Building Info

Units- # of Effcncy: 2 Units-# of 1 BR: 1 Units- # of 2 BR: 1 Units-# of 3 BR: 1

Property Features

Multi-Family Type: Other - See Remarks Exterior Finish: Log Roof Type: Asphalt; Composition; Shingle Foundation Type: Other Construction Type: Post & Beam; Wood Frame Garage Type: Other-See Remarks Carport Type: Detached Heating: Baseboard; Natural Gas; Radiant Floor; See Remarks Sewer-Type: Septic Tank Water Source: Private; Well Access Type: Government; Paved; Maintained View Type: Mountains Wtrfrnt-Frontage: None Wtrfrnt-Access Near: River Features-MultiFamily: Covenants; CO Detector(s); Fire Pit; Laundry Facility; Shed; Smoke Detector(s); Vaulted Ceiling(s); Washer/Dryer Flooring: Carpet; Hardwood; Luxury Vinyl; Tile Docs Avl for Review: CC&R's; Docs Posted on MLS; Prop Discl Available
Listing Office: Century 21 Realty Solutions Freedom Branch
Last Updated: April - 06 - 2026
37905 Hall Road, Sterling, AK 99669- MLS# 26-2956
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.