35061 Adell Ave Sterling, AK 99672
Property details
About 35061 Adell Ave
With several rentable structures already in place, plus the property being already set up for future expansion, this unique, income-generating property presents a rare opportunity for investors. The main residence is a spacious 3-bedroom home featuring 1 ¾ bath, an office, a dedicated craft area, and an oversized laundry/pantry room with a projected monthly income around $2,200. Separate from the main home is a fully detached 3-bedroom, 1-bath house that is currently leased at $1,600 per month, providing consistent and reliable income from day one. For the commercial tenant, the expansive 32' x 40' heated shop offers extra potential value. Outfitted with in-floor heat, an overhead heater, a woodstove, and plumbing for a future bathroom, this versatile space includes separate areas for woodworking and auto repair. It also features a 12' x 12' manual shop door, a 220v welder outlet, a built-in workbench with a miter saw, and a 9,000-pound automotive lift. This property also includes a gravel pad that's currently ready for future expansion. With natural gas, electric, septic, and well already installed, it's ideal for a new rental unit or RV hookup. As-is, it could bring in extra income per month from RV tenants, or substantially more if developed into an additional dwelling. Also located on the property is a hobby shed, fully powered and heated with natural gas. Its compact layout includes a loft with pull-down stairs and could be used as a studio, workspace, or storage unit. If you are looking to expand your real estate portfolio this multi-use rental property might just be what you have been looking for! See the attachment for more property details.
Highlights
Summary
- Full Bathrooms: 2
- Total Bedroom Count: 6
- Garage Space: 4 spaces
- Attached Garage: No
- List Price: $465,000
- Price/SqFt: $159
- Annual Tax Amount: $3,019
- Tax Year: 2024
- Directions: From the Sterling Highway, turn onto Scout Lake Loop Rd, drive about a half mile to Adell Ave and turn right. The property is on the left.
- Year Built: 1996
- Living Area: 2,910 SqFt
- Lot Size: 1 Acres
- MLS Number: 25-5935
- MLS Name: Alaska Multiple Listing Service
- Office Name: Century 21 Realty Solutions Freedom Branch
- Office Phone: (907) 262-1770
- Office Email: Soldotna.rs@century21.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: 7/30/2025, 3:40:27 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 | $388,500 | $3,019 |
| 2023 | $395,900 | $3,085 |
| 2022 | $279,900 | $2,013 |
| 2021 | $273,800 | $2,005 |
| 2020 | $277,700 | $2,040 |
| 2019 | $277,100 | $1,929 |
| 2018 | $265,400 | $1,929 |
| 2017 | $278,000 | $1,940 |
History based on county public records data.
Nearby schools
4
Sterling Elementary School
Public District PK-6
0.4 mi
•35096 Sterling Hwy
4
Soldotna Elementary School
Public District PK-6
9.7 mi
•162 E Park Ave
8
Soldotna Montessori Charter School
Public Charter KG-6
9.8 mi
•158 E Park Ave
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 $76,425. The majority of Sterling, AK residents have income between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
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
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
Living in Sterling, AK
Transportation in Sterling is primarily oriented towards private vehicle use, with a network of roads connecting residents to nearby cities and natural attractions. Public transit options are limited, encouraging a reliance on personal transport for commuting and daily activities. The area's walkability and bikeability vary, with some neighborhoods offering more pedestrian-friendly routes than others. Sterling's location on the Kenai Peninsula provides access to major highways, facilitating travel to other parts of the state.
The community of Sterling is served by a selection of essential services, including educational facilities that cater to various age groups. Healthcare services are accessible, with primary care options available to meet the needs of residents. The area also features a public library, which serves as a hub for learning and community engagement. Retail and dining establishments in Sterling reflect the local culture, offering a taste of Alaskan hospitality and cuisine.
Sterling is celebrated for its tranquil, close-knit community atmosphere, where residents take pride in their connection to the stunning Alaskan wilderness. The area is known for its outdoor recreational opportunities, including fishing, hiking, and wildlife viewing, which are central to the local lifestyle. Community events often revolve around these outdoor pastimes, fostering a strong sense of camaraderie among residents.
Sterling's housing market is characterized by a predominance of single-family homes, which offer a serene and spacious living environment amidst the natural beauty of Alaska. Architectural styles in the area are diverse, with a mix of rustic cabins, modern constructions, and traditional log homes that reflect the region's connection to its natural surroundings. The market is tailored to those seeking a blend of privacy and community, with many properties featuring expansive land.
About 35061 Adell Ave
The listing price of 35061 Adell Ave property is $465,000.
The property 35061 Adell Ave is a multi located in Sterling, Alaska, 99672.
Active Listing: 35061 Adell Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 35061 Adell Ave are: Sterling Elementary School (GreatSchools Rating 4/10), Soldotna Elementary School (GreatSchools Rating 4/10), Soldotna Montessori Charter School (GreatSchools Rating 8/10), Skyview Middle School (GreatSchools Rating 3/10), Kenai Middle School (GreatSchools Rating 4/10), Connections (GreatSchools Rating 6/10), Soldotna High School (GreatSchools Rating 6/10), River City Academy (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $3,019 (source: MLS/based on county public records data).
The property 35061 Adell Ave is 2,910 SqFt (source: MLS/tax record).
The year of construction for 35061 Adell Ave is 1996.
This home is located at 35061 Adell Ave in Sterling, AK and zip code 99672. This 2,910 square foot home, which was built in 1996, sits on a 1.00 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $465,000.
Between May and June 2025, Sterling, AK real estate market has seen increase in the number of listings by 7.1%. In June 2025, listings were on the market for 76 days. During the same period, the median list price in this real estate market was $426,950.