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59195 Sterling Hwy, Kasilof, AK, 99610

$300,000

Home List Price

$3,563*

Closing Credit

2 Bedrooms
1 Full Bath
House

Location

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59195 Sterling Hwy, Kasilof$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage1 space
Year Built1978
CoolingElectric
MLS #24-11492
Lot Size9.25 Acres
StatusActive

About 59195 Sterling Hwy

AIR B&B Dream Location!! RARE opportunity to own 9.25 UNZONED UNRESTRICTED acres fronting Crooked Creek that's stocked w/Chinook salmon!! Imagine how many rentals you can put on this property fronting both sides of the creek w/access from Crooked Creek Road & Sterling highway. Less than 2 miles from public access to the Kasilof River & close to public access to Johnson Lake! Everything you need to host an income generating air B&B! Alaskan Resort income $$$ Awaits YOU. Nestled in a serene, wooded area you have unlimited trails that take you to some great snowmachining, hunting, fishing and lots of recreational opportunities. Experience a one-of-a-kind Alaskan vacation! Potential Gross Income Revenue...... Rates always vary with each season & varies based on both competing air B&B businesses and tourism. Imagine if you had 5 cabins on each side of the creek how much income you could generate?!? If you were only 75% occupancy factoring only 90 of the 123 days beginning May going until the end of August if you only got $99.00 per night X 10 cabins X only 90 days=$89,100.00 summer income. If you got $293.00 X 10 cabins X only 90 days=$263,700.00 summer income. Then rent long term in the winter from September to end of April for $1000.00 a month each ($1000.00 a month X 10 cabins X 8 months=$80,000.00. All together a potential gross income of $169,100.00-$343,700.00. Investors are always encouraged to research the various booking sites independently to gauge their potential gross revenue w/the plan they create that works best for their needs. These scenarios are only variations to determine how many known investors gain the most profit from summer to winter with their rentals. Kasilof River (walking distance to public access-less then 2 miles), Four species of salmon sockeye, king, pink and coho salmon and rainbow trout, steelhead, char and whitefish spawn in the Kasilof River. Johnson Lake is not too far and stocked with Rainbow Trout through Fish & Game. As you face the front of the property to the left is a large parcel owned by Fish & Game. To the right is a very successful high end air B&B. The home on the property has no value and was not considered in the value. This property will not bank finance due to the condition on the home. Buyer will need to be a cash buyer. This is an estate sale and property are being sold as-is for the value of the land only.

Property Details

Property Features

Property Information:

  • Architectural Style: Two-Story Tradtnl
  • Year Built: 1978
  • Stories: 2

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (907) 519-0095

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Flooring Type: Carpet
  • Interior: Vaulted/Cathedral Ceiling(s), Laminate Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 9.25 Acres

Utilities

Utilities Information:

  • Cooling: Electric

Other

Directions Information:

  • Directions: Heading South from Soldotna on Sterling Highway just past mile 111 on left, see sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000

Tax Information:

  • Annual Amount: $1,970
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Kasilof, AK.

Med. List Price

$329K

Avg. Days On Market

132

# of Sold Homes

2

59195 Sterling Hwy vs Kasilof

106 DAYS ON ROCKET

-26 Days

$300,000

-$29K Less

KEY TAKEAWAY

This property is $29K less than the Median List Price in Kasilof, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-11492

Listing Office:

  • Office Name: EXP Realty, LLC
  • Office Phone: (907) 519-0095

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,970$219,900
2020$1,941$216,700
2019$1,000$194,400
2018$1,001$111,700
2017$896$105,300

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-797094
7
/10
  • Tustumena Elementary School

  • 58231 Sterling Hwy

  • 1.02 miles

  • Public District Grades PK-6

school-card-donut-797095
5
/10
  • Kalifornsky Beach Elementary School

  • 1049 E Poppy Ln

  • 14.08 miles

  • Public District Grades PK-6

school-card-donut-797096
4
/10
  • Redoubt Elementary School

  • 486 W Redoubt Ave

  • 14.70 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,263. Most Kasilof, AK residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 59195 Sterling Hwy

What is the listing price of this property?

The listing price of 59195 Sterling Hwy property is $300,000.

What type of property is this?

The property 59195 Sterling Hwy is a house located in Kasilof, Alaska, 99610.

Is this property for sale now?

Active Listing: 59195 Sterling Hwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,970 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 59195 Sterling Hwy has 2 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 59195 Sterling Hwy is 1978.

Rocket HomesAlaskaKenai Peninsula CountyKasilof9961059195 Sterling Hwy

This home is located at 59195 Sterling Hwy in Kasilof, AK and zip code 99610. This home, which was built in 1978, sits on a 9.25 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $300,000.

Between October 2024 and November 2024, Kasilof, AK real estate market has seen decrease in the number of listings by 3.8%. In November 2024, listings were on the market for 132 days. During the same period, the median list price in this real estate market was $329,000.

From Rocket Homes Real Estate and based on county public records data.

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