$1,400,000
NEW CONSTRUCTION

1696 Sterling Hwy Unit A, B, 1, 2 Homer, AK 99603

Estimated payment $9,013/month

Total Views 8,772
10 Beds
8 Baths
4,628 Sq Ft
$303 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • New Construction
  • Homer Middle School Rated A-
  • Property fronts an inlet
  • 0.91 Acre Lot

About This Home

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!

Listing Agent

Sarah Beller

Sarah Beller Real Estate License #153199 Listed on: 06/24/2024

Sarah Beller Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.91 Acre Lot
  • Property fronts an inlet
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Insulated Concrete Forms
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,628 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 10 Bedrooms

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • Property has ocean access
  • Heating Available

Community Details

  • Built by Polar Star Construction

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.91
  • Road Frontage Type: Government
  • Directions: From Sterling Highway coming into Homer, just past the Church, property is located just before the bottom of the hill, on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 2024
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Washer &/Or Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Flooring: Other, See Remarks, Vinyl
  • Interior Amenities: Solid Surface Counter
  • Living Area: 4628

Exterior Features

  • Lot Features: Covenant/Restriction, City Lot, Views
  • Topography: Gently Rolling,Level
  • View: Bay, City Lights, Inlet, Mountain(s), Ocean
  • View: Yes
  • Waterfront Features: None, Ocean Access
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Polar Star Construction
  • Common Walls: No Common Walls
  • Construction Type: Frame, See Remarks
  • Foundation Details: Concrete Perimeter, Quad-Lock
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 39639.6
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $1,400,000 0.0% $303 / Sq Ft
06/24/2025 06/24/25 Off Market -- -- --
06/25/2024 06/25/24 For Sale $1,400,000 -- $303 / Sq Ft
Source: Alaska Multiple Listing Service

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Source: Alaska Multiple Listing Service

MLS Number: 24-7752

Alaska Multiple Listing Service