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$1,650,000 (USD)
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Sterling Area Multi-Family Home

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37905 Hall Road Sterling, AK 99669

8 Bed
5.5 Baths
4456 sqft
MLS# 26-2956
TRULY ONE-OF-A-KIND ALASKA ESTATE WITH INCOME + VIEWS
Rare opportunity to own a 7.14-acre multi-residence property on two parcels (37905 / 37909 Hall Road) overlooking the Kenai River basin and Kenai Mountains. This unique estate blends proven rental income, privacy, and exceptional craftsmanship. Features include: 3 bed / 2 bath custom post & beam main home (Raven's Bluff House), 2 bed / 1 bath walkout daylight in-law apartment, detached log workshop/rec building with 1 bed / 1 bath apartment, plus two additional cabins. Many furnishings included.

Established income streams:
- Main house + in-law unit operate as a successful VRBO tourism rental with 14-year history, 75+ five-star reviews, and repeat guests
- Cabins + workshop apartment are leased to long-term tenants for steady year-round income
Exceptional setting: Southern exposure with sunrise views over the mountains and all-day sunlight, plus peaceful sunset views over a western valley. Frequent wildlife sightings include eagles, moose, lynx, and seasonal migrations of Sandhill Cranes and other birds.
Prime location: Approx. 10-minute walk via paved road or 15-minute wooded trail to Morgan's Landing (Alaska State Parks) offering riverfront hiking trails and elevated fishing platforms on the Kenai River. Flexible use: continue mixed rental model, expand tourism, or create a private retreat. Package sale only. Cash or conventional financing.
Listing Courtesy of Alaska Multiple Listing Service / Century 21 Realty Solutions / Mallory Musgrove