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42706 Old Sterling Highway, Anchor Point, AK 99556
Overview
Description
Supplements: ... (Read more) Designed to meet the increasing demand for workforce and affordable housing throughout the southern Kenai Peninsula, this partially completed project offers investors the chance to finish construction according to their own vision while creating a significant long-term income-producing asset.The development consists of six duplex-style buildings totaling 12 residential units, each thoughtfully designed with three bedrooms, one oversized bathroom, a full kitchen, and comfortable living space. In addition, the property includes three separate bunkhouse-style buildings that, once completed, will accommodate up to 48 occupants, creating exceptional flexibility for employee housing, seasonal lodging, or short-term rental opportunities.The campus was originally planned to support Alaska's expanding workforce across industries including commercial fishing, oil and gas, construction, tourism, healthcare, and other seasonal employment sectors. As housing shortages continue throughout the region, investors have the opportunity to complete a project that addresses a growing market need while creating multiple revenue streams from one strategically located property.With excellent highway frontage, private access, scalable infrastructure, and room for future growth, this development offers the foundation for a highly desirable housing investment in one of Alaska's strongest rental markets. Visit J. P. King Auction Company's website for more details.
Listing Details MLS# 25-7227
Location Legal and School Info
- Area
- 482 - Anchor Point to Homer
- Street #
- 42706
- Street Name
- Old Sterling
- Arterial
- Highway
- Closest USPS Town
- Anchor Point
- State
- AK
- Zip Code
- 99556
Contract Info
- Price-List
- 999000
- Date-Listing
- 2025-06-12
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2026-08-27
- Date-Closing
- 2026-09-16
Property Info
- Realtor.com Type
- Residential - Single Family
- Property Attached/Common Walls
- No
- Construction Status
- Existing Structure
- Beds
- 36
- Bathrooms Full
- 12
- Bathrooms Total
- 12
- SF-Res
- 21798
- Year Built
- 2023
- SF-Lot
- 395960.4
- Lot Area Source
- Tax Authority
- Acres
- 9.09
- Zoning
- UNZ - Not Zoned
Remarks and Directions
- Directions
- At the junction of the Sterling Hwy and Old Sterling.


Offering Memorandum ›