$530,000

66445 Oil Well Rd Ninilchik, AK 99639

Estimated payment $3,163/month

Total Views 2,467
-- Bed
7 Baths
2,899 Sq Ft
$183 Price per Sq Ft

About This Home

An incredible opportunity to transform ''Ninilchik Cabins and Cafe'' into your own Commercial Operation! 1,267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen. Insurance replacement value $1,101,700.00CREATE a dream fishing experience, just minutes from WORLD CLASS fishing. (2 miles from Deep Creek Boat Launch) Just think of all the amazing ways you could amplify this property by adding RV hook ups, a drive through coffee cart and more! Utilize the commercial kitchen to its fullest potential, curate a gift shop, add more cabins... the list goes on!

Two wells, two septic systems, tons of available parking space for cars, boats, trailers....

7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas heater, and sunny front deck with laundry and utilities in Cabin #8.

Cafe outfitted with Commercial Kitchen and Quaint Seating Area for you and your clients to enjoy for years to come. This property is beaming with pride in ownership. Sellers have done so many updates with efficient water heaters, heating systems, and more!

Listing Agent

Katie Uei

EXP Realty, LLC License #18597 Listed on: 03/24/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 2010

Lot Details

  • 1.94 Acre Lot

Parking

  • 2 Car Garage
  • 7 Carport Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 7 Bathrooms
  • 2,899 Sq Ft Home
  • Linoleum Flooring
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • River Access

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Heating Available
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • 9 Buildings
  • 9 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,127

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.94
  • Road Frontage Type: Dedicated Road, Government
  • Road Surface Type: Paved
  • Directions: From Ninilchik, take Oil Well Road about half a mile. Cabins and Cafe will be on the right hand side. Signs not posted.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Other - See Remarks
  • Year Built: 2010
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Number Of Buildings: 9
  • Three Quarter Bathrooms: 7
  • Flooring: Linoleum, Luxury Vinyl, See Remarks
  • Living Area: 2899

Exterior Features

  • Topography: Level
  • View: No
  • Waterfront Features: Creek Access, Ocean Access, River Access, None
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Construction Type: Log, Frame
  • Foundation Details: Concrete Perimeter, Treated Posts
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 7
  • Covered Parking Spaces: 9
  • Garaged Spaces: 2
  • Parking Features: No Carport, No Garage
  • Total Parking Spaces: 30

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Floor Furnace, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 84506.4
  • Mobile Dim Units: Feet
  • Zoning Description: Unknown
  • Zoning: UNK
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 3127.02
  • Tax Map Number: N/A
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $983 $190,600 $21,600 $169,000
2023 $2,135 $198,200 $18,100 $180,100
2022 $2,085 $188,000 $18,100 $169,900
2021 $573 $174,000 $17,500 $156,500
2020 $1,478 $177,200 $17,500 $159,700
2019 $1,506 $179,300 $14,800 $164,500
2018 $573 $68,200 $14,800 $53,400
2017 $551 $67,200 $14,800 $52,400
2016 $551 $67,200 $14,800 $52,400
2015 $189 $66,900 $14,800 $52,100
2014 $189 $66,600 $14,800 $51,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $530,000 -- $183 / Sq Ft
Source: Alaska Multiple Listing Service

Mortgage History

Date Status Loan Amount Loan Type
Closed $45,000 Commercial
Source: Public Records

Similar Home in Ninilchik, AK

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    $499,000

    • 2 Beds
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    • 68530 Ridgefield Ct
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    Amazing Cook Inlet view, exquisite attention to detail and turnkey!! Built by an angler, loved and maintained well! Beautiful hand craftsmanship featuring Swedish Cove Cut logs and original treasures, such as Douglas fir trim throughout, handmade doors and Jungers oil stove! Beautiful fish cleaning station and deck, with storage shed!Pics from previous listing.

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    Section Image

Source: Alaska Multiple Listing Service

MLS Number: 25-3018

Alaska Multiple Listing Service

APN: 159-430-64