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Listed price in listed location currency (USD).
$999,000

36120

MLS® 25-7227

Overview

Key Facts

Type 
Levels Residential
Size -
Garage 
Taxes 
Days Active 60
Lot Size 
Approx. Age 2023
MLS® Number 25-7227

Property Address: 42706 Old Sterling Hwy, Anchor Point, AK, 99556

Average square foot calculated using Size range provided by listing agent.

Description

Anchor Bridge Housing Campus presents the opportunity to own an income-generating housing development in the heart of Alaska's Kenai Peninsula. Strategically located along Old Sterling Highway in Anchor Point, halfway between Homer and Anchor Point, this property offers flexibility, scale, and strong long-term potential in an area experiencing increasing demand for housing options. The campus is designed to support affordable multifamily housing with six duplex-style buildings totaling 12 residential units, creating an ideal setup for long-term rentals, seasonal residents, or employee housing. In addition, three separate bunkhouse-style units provide excellent potential for short-term accommodations or workforce housing, creating added flexibility and multiple income streams on one property. The project was thoughtfully designed to help meet the growing housing demands tied to fishing, construction, oil, gas, tourism, and other seasonal industries throughout the southern Kenai Peninsula. This project still needs completion, but it allows a buyer the opportunity to finish it to their specifications. Each duplex unit has 3 bedrooms, one oversized bathroom, a kitchen, and a living space. Once completed, the bunkhouses will have a capacity of 48 people. Situated on 9.09 acres with excellent visibility, private access, and scalable infrastructure, Anchor Bridge Housing Campus offers the chance to step in, finish the project, and create a strong long-term housing asset in one of Alaska's most desirable and undersupplied regions.
MLS® Number25-7227
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2023
Basement
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$999,000List Price

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