16655 Sterling Highway, Ninilchik, Alaska 99639

$499,900
5
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$499,900
Price Change
▼ $45,100 1783393022
MLS#
26-2392
Status
ACTIVE
Bedrooms
5
Bathrooms
3
Lot Size
156,816
Acres
3.60
Year Built
1979

Property Description

TWO HOMES ON 3.6 ACRES NEAR DEEP CREEK - INCOME PRODUCING OPPORTUNITY! Rare opportunity to own two homes on 3.6 acres just minutes from Deep Creek, world-class fishing, Cook Inlet beaches, and the Deep Creek boat launch. Whether you're looking for an investment property, multi-generational living setup, or a combination of personal use and rental income, this property offers exceptional flexibility. The main home is 2419 sq ft and features 2 bedrooms and 1 full bathroom on the main level, plus an additional bedroom or family room and a ¾ bathroom on the lower level. Interior highlights include an arctic entry, fireplace, central vacuum system, attached garage, and a new roof installed in May 2024. The second home was built in 2024 and offers approximately 1,152 square feet of living space and is currently used as a rental, creating immediate income potential. The homes share a well while maintaining separate septic systems and separate electric meters. Additional improvements include a wind turbine, storage shed, and ample space to enjoy Alaska living. Located near Deep Creek and the Sterling Highway, this property provides easy access to fishing, boating, beachcombing, and countless outdoor recreational opportunities. Both homes are currently utilized as rental properties, making this a unique opportunity for investors or buyers seeking supplemental income in a highly desirable recreation area.

Additional Information

Zoning
UNZ - Not Zoned
Roof
Asphalt, Shingle
Floor
Carpet
Garage Spaces
2
Construction Status
Existing Structure
Exterior Features
Waterfront Access, Paved Driveway, Accessory Dwelling Unit (ADU)
Interior Features
Fireplace, Washer &/Or Dryer Hookup, BR/BA on Main Level, Smoke Detector(s), Laminate Counters
Heating
Baseboard, Electric, Wood
Water
Shared Well, Private
Sewer
Septic Tank
High School
Ninilchik
Middle School
Ninilchik
Elementary School
Ninilchik

Listing Office Sarah Beller Real Estate

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

board logo

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 Real Estate Company are marked with either the listing brokerage’s logo or 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. Listing last updated: