725 Sterling Highway, Homer, AK 99603

$875,000
Property Type: Commercial Sale Square Footage: 1,340 Lot Size (sq. ft.): 72,310 Status: Active
Current Price: $875,000 Last Modified: 3/05/2026

Description

Welcome to one of the most unique properties at the gateway to Homer! Situated on 1.66 acres on the bluff, this iconic property offers unobstructed views of Kachemak Bay and the surrounding mountains, along with incredible visibility along the Sterling Highway as you drive into town.

Supplements: Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity for commercial, residential, or mixed-use potential. The charming lighthouse feature creates a memorable landmark and adds character that draws attention from locals and visitors alike. Inside, the space can continue as a food service or retail operation, or be reimagined as a comfortable bluff-top residence with panoramic views. With ample parking and excellent highway frontage, the property offers exceptional exposure for a business while still providing the privacy and scenery of a bluff property. The 1.66-acre lot provides room to expand, build additional structures, or create a private retreat, all while enjoying sweeping vistas of the bay, glaciers, and mountains. Whether you're looking for a high-visibility business location, an iconic Homer landmark, or a one-of-a-kind home overlooking the bay, this property offers endless possibilities in an unbeatable location. Opportunities like this at the entrance to Homer rarely come available.

More Information MLS# 26-2040

Contract Info

Price-List: 875000 Date-Listing: 2026-03-04 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 490 - Homer Street #: 725 Street Name: Sterling Arterial: Highway Closest USPS Town: Homer State: AK Zip Code: 99603

Property Info

Type of Property: Mixed Use Building Type: Class B Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Owner Occupied Acres: 1.66 SF-Lot: 72309.6 Lot Area Source: Tax Authority SF-Res: 1340 Floors: 1 Zoning: RMKS - See Remarks Year Built: 2014

Directions and Remarks

Directions: Coming into Homer just passed West Hill Road the property is on the right.

Property Features

Primary Space: Hospitality Secondary Space: Retail Heating: Floor Furnace; Natural Gas Exterior Finish: Wood Construction Type: Wood Frame - 2x4; Wood Frame - 2x6 Foundation: All-Weather Wood Roof Type: Metal Flooring: Carpet Walls: Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: In City Limits; Living Quarters; On-Site Parking; Restroom(s)-Private; Wtrfnt-Actual Frntg Access: Government; Maintained; Paved View Type: Bay; City Lights; Glacier; Inlet; Mountains; Ocean; Unobstructed To Show: ShowingTime Listing Terms Financing: Cash; Conventional Documents: Docs Posted on MLS
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: March - 05 - 2026
725 Sterling Highway, Homer, AK 99603- MLS# 26-2040
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.