59195 Sterling Highway, Kasilof, AK 99610

$300,000 Asking Price

2 beds
1 bath
1,382  sqft
Built in 1978

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.

Features & Amenities

Interior

General:
BR/BA on Main Level, Electric, Range/Oven, Refrigerator, Vaulted Ceiling(s), Washer &/Or Dryer Hookup, Laminate Counters
Flooring:
Carpet

Exterior

Style:
Two-Story Tradtnl
Parking:
Attached

Construction

Roofing:
Asphalt
General:
Concrete

Location

Road/Access:
Dedicated Road, Government, Maintained, Paved, Water
Originating MLS:
Alaska Multiple Listing Service

Lot

Zoning:
UNK - Unknown, Helen's Haven Addn #1 Amended L7, 13702155

Financial

Source:
Alaska Multiple Listing Service

This listing courtesy of:
EXP Realty, LLC

About Kasilof, AK

Housing

Number of Units
334
Median Home Value
$203,506
Median Rent
$689

16.64% of housing units are renter occupied.

26.07% are vacant.

Commute

Car
69.36%
Public Transportation
0.00%
Walk to Work
4.40%
Work from Home
23.56%
Other
2.67%

The median travel time to work is 22 minutes.

People

Population
519
Median Age
39.90
Median Household Size
2.40

Education

High School
27.93%
Associate’s Degree
13.11%
Bachelor’s Degree
21.39%
Graduate Degree
6.39%

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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