$865,000
 $4,644 est/mo Sourced by Back At You

725 Sterling Highway,Homer, AK 99603

Homer, AK 99603

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Description

Welcome to one of the most unique properties at the gateway to Homer! Situated on 1.66 acres on the bluff, this iconic property offers unobstructed views of Kachemak Bay and the surrounding mountains, along with incredible visibility along the Sterling Highway as you drive into town. Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity for commercial, residential, or mixed-use potential. The charming lighthouse feature creates a memorable landmark and adds character that draws attention from locals and visitors alike. Inside, the space can continue as a food service or retail operation, or be reimagined as a comfortable bluff-top residence with panoramic views. With ample parking and excellent highway frontage, the property offers exceptional exposure for a business while still providing the privacy and scenery of a bluff property. The 1.66-acre lot provides room to expand, build additional structures, or create a private retreat, all while enjoying sweeping vistas of the bay, glaciers, and mountains. Whether you're looking for a high-visibility business location, an iconic Homer landmark, or a one-of-a-kind home overlooking the bay, this property offers endless possibilities in an unbeatable location. Opportunities like this at the entrance to Homer rarely come available.

Details

MLS #26-2073
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2014
Days On Site175
Listing Provided ByBerkshire Hathaway HomeServices Alaska Realty | Gina Pelaia

Features

Bed(s)1
Bath(s) 2 Total
SQ Feet1,340
ZoningRMKS - See Remarks
Acreage1.66
Water FrontYes
Property ViewBay, Glacier, Mountain(s), Unobs

Interior

Rooms Total0
HeatingNatural Gas, Floor Furnace
Heating Yes / NoYes
AppliancesRefrigerator
Interior FeaturesElectric, BR/BA on Main Level

Exterior

RoofMetal
Exterior FeaturesFire Service Area, Road Service Area, RV Parking, View, Waterfront, In City Limits
Lot FeaturesBluff, Gently Rolling, Level
Construction MaterialsWood Frame, Wood Frame - 2x4, Wood Frame - 2x6
Foundation DetailsAll-Weather Wood
Exterior Sp Finish Co Exterior Sp FinishWood
Architectural StyleCabin, Ranch

Parking

Parking FeaturesNone
Carport Sp Type Co Carport Sp TypeNone

Utilities

SewerPublic Sewer

Location

Frontage TypeBay/Harbor, Inlet
Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp NearNone
Wtrfrnt Hyphen Frontage Co Wtrfrnt Hyphen FrontageBay/Harbor, Inlet

Taxes

Tax Map NumberN/A
Tax Legal DescriptionBluff Park #5 L3A

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$865,000
low | high
Med:
$609,000
79.595375722543% of Average
sqft:
1,340
low | high
Med:
1,690
23.917910447761% of Average
$ / sqft:
$646
low | high
Med:
$395
88.752699396322% of Average
On site:
175
low | high
Med:
52
100% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$865,000
low | high
Med:
$609,000
79.595375722543% of Average
sqft:
1,340
low | high
Med:
1,690
23.917910447761% of Average
$ / sqft:
$646
low | high
Med:
$395
88.752699396322% of Average
On site:
175
low | high
Med:
52
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $648K - $1.81M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
725 Sterling Highway Property Photo 1
$865,000
725 Sterling Highway
Homer, AK 99603
Listing Updated: August 10, 2026 at 11:13:54 AM PDT