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55
Photos
1696 Sterling Highway, #A, #B, #1, #2, Homer, AK 99603
$1,400,000 Asking Price
$---/mo Est. Payment Get Prequalified »
10
beds
8
baths
4,628
sqft
Built in
2024
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!
Features & Amenities
Interior
- General:
- CO Detector(s), Dishwasher, Gas Cooktop, Microwave (B/I), Refrigerator, Smoke Detector(s), Washer &/Or Dryer, Solid Surface Counter
- Flooring:
- See Remarks
Exterior
- General:
- Covenant/Restriction, In City Limits, View
- Style:
- Two-Story Tradtnl
- Parking:
- None
Construction
- Roofing:
- Composition, Shingle
- General:
- Wood Frame, Other, None
Location
- Road/Access:
- Government, Maintained
- Originating MLS:
- Alaska Multiple Listing Service
Lot
- Zoning:
- RR - Rural Residential, Bidarki Creek Plat of L2A thru L5A L3A, 17525004
- View:
- Bay, City Lights, Inlet, Mountains, Ocean
Financial
- Source:
- Alaska Multiple Listing Service
This listing courtesy of:
Sarah Beller Real Estate
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
About Homer, AK
Housing
- Number of Units
- 5,445
- Median Home Value
- $291,443
- Median Rent
- $924
26.43% of housing units are renter occupied.
21.71% are vacant.
Commute
- Car
-
69.16%
- Public Transportation
-
0.42%
- Walk to Work
-
4.91%
- Work from Home
-
20.24%
- Other
-
3.99%
The median travel time to work is 14 minutes.
People
- Population
- 9,719
- Median Age
- 40.50
- Median Household Size
- 2.48
Education
- High School
-
21.49%
- Associate’s Degree
-
8.16%
- Bachelor’s Degree
-
22.28%
- Graduate Degree
-
15.71%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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