3800 Sterling Highway, Homer, AK 99603

$1,290,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 3,084 Lot Size (sq. ft.): 217,800 Status: Active
Current Price: $1,290,000 Last Modified: 2/17/2026

Description

Five acres of useable land already leased to multiple tenants, providing immediate income. The home offers superb living or rental opportunity. When you hear the term passive income; think of this property . You can expand lease opportunity or make your own base of operation. This is a rare chance to control a key property at entrance to Homer.

More Information MLS# 26-786

Location Legal and School Info

Area: 490 - Homer Street #: 3800 Street Name: Sterling Arterial: Highway Closest USPS Town: Homer State: AK Zip Code: 99603

Contract Info

Price-List: 1290000 Date-Listing: 2026-01-28 Status: Active Foreclosure/Bank Own: No

Property Info

Realtor.com Type: Residential - Single Family Property Attached/Common Walls: No Construction Status: Existing Structure Beds: 3 Bathrooms Three Quarter: 1 Bathrooms Full: 1 Bathrooms Total: 2 SF-Res: 3084 Year Built: 1984 Year Updated: 2020 Garage Spaces: 2 SF-Gar: 780 Carport Spaces: 2 SF-Lot: 217800 Lot Area Source: Tax Authority Acres: 5 Zoning: RR - Rural Residential

Remarks and Directions

Directions: From Downtown Homer, head up the Sterling to just past the gas station, look for property on the right (see sign on large crab pot).

Mortgage Info

EM Minimum Deposit: 10000

Property Features

Residential Type: Single Family Res Construction Type: Wood Frame Exterior Finish: Wood Roof Type: Metal Foundation Type: All-Weather Wood; Poured Concrete Floor Style: Two-Story Tradtnl Garage Type: Attached Carport Type: Detached Heating: Floor Furnace; Natural Gas Sewer Type: Septic Tank Water Source: Private; Well Dining Room Type: Area Features-Interior: Smoke Detector(s); Vaulted Ceiling(s); Washer &/Or Dryer Hookup; Wood Stove Appliances: Range; Gas Oven; Refrigerator; Dishwasher; Washer/Dryer Stacked Flooring: Carpet; Luxury Vinyl; Vinyl Features-Additional: Barn/Shop; Deck/Patio; Fire Service Area; Garage Door Opener; In City Limits; Storage; RV Parking Access Type: Government; Maintained; Paved Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Listing Terms Financing: Cash; Conventional Docs Avl for Review: Docs Posted on MLS
Listing Office: Story Real Estate
Last Updated: February - 17 - 2026
3800 Sterling Highway, Homer, AK 99603- MLS# 26-786
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.