NOT LISTED FOR SALE

66445 Oil Well Rd Ninilchik, AK 99639

Estimated Value: $519,400

Studio
9 Baths
2,899 Sq Ft
$179/Sq Ft Est. Value

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 $1,101,700.00 CREATE 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! Current Leases All cabins are full through April utilities included. Cabin #1 $850.00 Cabin #2 $900.00
Cabin #3 $850.00 Cabin #4 $850.00
Cabin #5 $900.00 Cabin #6 $1,100.00 Cabin #7 $1,200.00 2022 Gross Income $51,992.00 ($4,332.66 a month) 2023 Gross Income $46,537.33 ($3,878.11 a month) 2024 Gross Income $52,246.55 ($4,353.88 a month) 2025 Gross Income $58,603.34 ($4,883.61 a month) Expenses Annual (1 Year/12 Months) $112.75 Square/Credit Card Processor $1,019.88 ACS Internet $158.90 Office Supplies $5,966.69 Enstar $3,990.01 HEA $3664.90 Property Tax $3,985.63 Property Insurance/Business Insurance $4,271.36 Maintenance $100.00 Business License Total $23,270.12 ($1939.18 a month) Plus Below 2 Items Below *Sales Tax Varies Depending On Rents (monthly vs nightly) *Seller hauls their own garbage

Range of Values:

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Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2026 05/07/26 Pending -- -- --
02/14/2026 02/14/26 For Sale $530,000 -- $183 / Sq Ft

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
2025 $1,965 $249,200 $23,100 $226,100
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

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