UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,712 sqft
Price per Sqft $202
MLS Listing ID 26-492
Style Other - See Remarks
Bedrooms 10
Full Baths 3
Three Quarter Bath 1
Construction Status Existing Structure
Year Built 1973
Lot Size 5.000 Acres
Acres 5.0
Source Alaska Multiple Listing Service
Property Description
Positioned along Alaska's stunning coastline, this versatile 5-acre property offers multiple income streams and significant expansion potential. With year-round appeal, it's perfectly suited for investors looking to scale short-term rentals, long-term stays, or commercial operations. Currently operating as both monthly and nightly rentals and previously supporting commercial fishing. The property features three fully renovated and actively rented units, offering immediate cash flow. In addition, there are three dry cabins with strong upside potential; two are already income-producing, and the third is an ideal renovation opportunity for additional rental revenue.
One of the primary renovated homes includes an expansive shop space that has and added comfortable living quarters, maximizing functionality and rentability across the property.
Adding even more value, the property includes private drive-down access directly to the beach, a rare amenity that sets this location apart from typical oceanview lots and enhances both rental desirability and long-term investment potential.
With 5 acres of land, multiple structures, rare ocean access, and endless development pathways, this property is an exceptional chance to secure a high-yield asset in a premier coastal location.
Don't miss this opportunity. Call today to schedule a private showing.
Location
State AK
Area 320 - Kasilof
Zoning UNK - Unknown
Direction Heading towards Homer on Sterling Hwy, Drive 17 miles, Right on South Cohoe Loop Road, Property is on the left, Sign posted
Interior
Interior Features CO Detector(s), Fireplace, Smoke Detector(s)
Heating Baseboard, Oil, Propane, Radiant, Wood, Other
Flooring Laminate
Exterior
Exterior Feature Accessory Dwelling Unit (ADU), Poultry Allowed, Private Yard, Lot-Bluff, Road Service Area
Parking Features RV Parking, Circle Driveway, Attached, Heated
Garage Spaces 6.0
Garage Description 6.0
Waterfront Description Inlet,Oceanfront
View Inlet, Ocean, Unobstructed
Roof Type Metal
Topography Bluff
Building
Lot Description Waterfront Access, Waterfront, Bluff
Foundation Slab, None
Lot Size Range 5.0
Sewer Septic Tank
Architectural Style Other - See Remarks
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 13310117
Acceptable Financing Cash, Other
Listing Terms Cash, Other
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Aurora Courtney
Associate Broker | License ID: 100653, 500072
Associate Broker License ID: 100653, 500072
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