42706 Old Sterling Highway, Anchor Point, AK 99556
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
42706 Old Sterling Highway,Anchor Point, AK 99556
$999,000
- 36 Beds
- 12 Baths
- 21,798 sq. ft.
- Single family
- Active
Listed by: allison trimble paparoa, lisa hanson
Office: coastal realty
MLS#:25-7227
Source:AK_AMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$45.83
About this home
Anchor Bridge Housing Campus presents the opportunity to own an income-generating housing development in the heart of Alaska's Kenai Peninsula. Strategically located along Old Sterling Highway in Anchor Point, halfway between Homer and Anchor Point, this property offers flexibility, scale, and strong long-term potential in an area experiencing increasing demand for housing options.The campus is designed to support affordable multifamily housing with six duplex-style buildings totaling 12 residential units, creating an ideal setup for long-term rentals, seasonal residents, or employee housing. In addition, three separate bunkhouse-style units provide excellent potential for short-term accommodations or workforce housing, creating added flexibility and multiple income streams on one property. The project was thoughtfully designed to help meet the growing housing demands tied to fishing, construction, oil, gas, tourism, and other seasonal industries throughout the southern Kenai Peninsula.
This project still needs completion, but it allows a buyer the opportunity to finish it to their specifications. Each duplex unit has 3 bedrooms, one oversized bathroom, a kitchen, and a living space. Once completed, the bunkhouses will have a capacity of 48 people. Situated on 9.09 acres with excellent visibility, private access, and scalable infrastructure, Anchor Bridge Housing Campus offers the chance to step in, finish the project, and create a strong long-term housing asset in one of Alaska's most desirable and undersupplied regions....
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Home facts
- Year built:2023
- Listing ID #:25-7227
- Added:340 day(s) ago
- Updated:May 19, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:36
- Total bathrooms:12
- Full bathrooms:12
- Living area:21,798 sq. ft.
Structure and exterior
- Year built:2023
- Building area:21,798 sq. ft.
- Lot area:9.09 Acres
Schools
- High school:Homer
- Middle school:Chapman
- Elementary school:Chapman
Utilities
- Water:Cistern, Water Delivered
- Sewer:Septic Tank
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$45.83
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