1696 Sterling Hwy Homer, AK 99603
Property details
About 1696 Sterling Hwy
Discover an exceptional investment opportunity with these two newly constructed duplexes perched on Baycrest Hill, within the city limits of Homer. Each unit offers breathtaking views of the ocean, and the surrounding mountains, making this property as visually captivating as it is financially promising. All four units are metered separately and connected to public water, sewer, and natural gas, allowing for easy management and potential rental income. Live in one unit and let the rental income from the other three cover your mortgage. With 8 dedicated parking spaces, ample amenities, and just minutes from the Homer Spit, this property is ideally positioned for residents or vacationers looking to experience the beauty of Homer. Key Features Include: Modern Finishes & Construction: Lifeproof smart siding, durable lifeproof vinyl flooring, and ICF (insulated concrete forms) foundation for energy efficiency. Thoughtfully Designed Interiors: Large open living spaces with spectacular views, butcher block breakfast bars, and quality Lifeproof finishes throughout. Convenience & Comfort: Each unit includes a washer and dryer, hot water on demand, and spacious layouts perfect for modern living. Details by Building: Building 1 (Units A & B): Concrete slab foundation. Building 2 (Units 1 & 2): Built on a durable ICF foundation. With stunning views, high-quality finishes, and strong income potential, these duplexes offer the best of Homer living and a rewarding investment. Don't miss the chance to own a prime piece of Alaskan real estate with unmatched appeal and flexibility!
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 6
- Total Bedroom Count: 10
- Attached Garage: No
- View: Bay, City Lights, Mountain(s), Ocean, Unobstructed
- Heating: Natural Gas
- List Price: $1,400,000
- Price/SqFt: $302
- Annual Tax Amount: $2,001
- Tax Year: 2024
- Directions: From Sterling Highway coming into Homer, just past the Church, property is located just before the bottom of the hill, on the left.
- Year Built: 2024
- Living Area: 4,628 SqFt
- Lot Size: 0.91 Acres
- MLS Number: 24-7747
- MLS Name: Alaska Multiple Listing Service
- Office Name: Sarah Beller Real Estate
- Office Phone: (907) 299-7022
- Office Email: Sarahbellerrealestate@gmail.com
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 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 2025 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: 7/24/2025, 12:40:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $468,500 | $2,001 |
| 2023 | $205,800 | $2,247 |
| 2022 | $174,300 | $1,959 |
| 2021 | $175,000 | $2,002 |
| 2020 | $175,000 | $2,002 |
| 2019 | $173,000 | $2,001 |
| 2018 | $174,000 | $2,001 |
| 2017 | $186,900 | $2,111 |
History based on county public records data.
Nearby schools
7
Fireweed Academy
Public Charter KG-6
0.8 mi
•995 Soundview Ave
6
West Homer Elementary School
Public District 3-6
0.8 mi
•995 Soundview Ave Ste 1
7
McNeil Canyon Elementary School
Public District KG-6
13.4 mi
•52188 E End Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,778. The majority of Homer, AK residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Figure Skating
Soccer
Where do the neighbors shop?
Dick's Sporting Goods
Kmart
Old Navy
Where do the neighbors go to eat?
Texas Roadhouse
Bob Evans
Jimmy Johns
What do the neighbors drive?
Subaru
Buick
GMC
What do the neighbors listen to?
New Country
Oldies
News/Talk/Information
Frequently asked questions
Living in Homer, AK
Transport in Homer includes a network of roads that connect residents to the rest of the Kenai Peninsula and beyond. Public transportation options are available, with schedules designed to accommodate the needs of the community. The area is known for its walkable downtown and the Spit, which are friendly to pedestrians and cyclists alike. Ride-sharing services are present, complementing the existing transport infrastructure and providing additional mobility solutions for residents and visitors.
The community benefits from a selection of essential services, including public schools that serve different age groups, healthcare facilities equipped to provide primary care and emergency services, and a public library that serves as a hub for learning and local culture. Retail and dining experiences are reflective of the local culture, with an emphasis on seafood and locally-sourced ingredients. The town is responsive to the needs of its residents, with services evolving to meet the demands of its growing population.
Homer is celebrated for its artistic community and the iconic Homer Spit, a long strip of land reaching into the bay that's lined with shops and restaurants. The town prides itself on its connection to nature, with numerous outdoor activities such as fishing, hiking, and wildlife viewing that define the local lifestyle. Annual events like the Homer Halibut Festival reflect the town's maritime heritage and tight-knit community spirit.
Homer's housing market offers a scenic blend of rustic and contemporary styles, with single-family homes dotting the landscape, many providing stunning views of Kachemak Bay. The market is diverse, with a mix of older, cabin-style homes and newer constructions that reflect the region's natural aesthetic. While single-family homes are prevalent, there are also options for those seeking condominiums or townhouses, accommodating a range of lifestyle preferences.
About 1696 Sterling Hwy
The listing price of 1696 Sterling Hwy property is $1,400,000.
The property 1696 Sterling Hwy is a multi located in Homer, Alaska, 99603.
Active Listing: 1696 Sterling Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1696 Sterling Hwy are: Fireweed Academy (GreatSchools Rating 7/10), West Homer Elementary School (GreatSchools Rating 6/10), McNeil Canyon Elementary School (GreatSchools Rating 7/10), Homer Middle School (GreatSchools Rating 8/10), Chapman School (GreatSchools Rating 3/10), Homer High School (GreatSchools Rating 8/10), Homer Flex School (GreatSchools Rating 6/10), Nikolaevsk School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $2,001 (source: MLS/based on county public records data).
The property 1696 Sterling Hwy is 4,628 SqFt (source: MLS/tax record).
The year of construction for 1696 Sterling Hwy is 2024.
This home is located at 1696 Sterling Hwy in Homer, AK and zip code 99603. This 4,628 square foot home, which was built in 2024, sits on a 0.91 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,400,000.
The inventory of homes for sale in Homer, AK between May and June 2025 increased by 4.5%. While the average time on the market in June 2025 was 147 days, the median list price was $499,000.