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For sale
  • Price cut: $20K (7/6)
    $559,000

    15519 Sterling Hwy, Ninilchik, AK 99639

    3beds
    2,016sqft
    : 
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    Single Family Residence
    Built in 1978
    1.22 Acres Lot
    $541,200 Zestimate®
    $277/sqft
    $-- HOA

    What's special

    Rare waterfront-view propertyCozy gas fireplaceStunning kitchenNatural lightStainless steel appliancesAll-new sidingNew insulation
    Experience the best of coastal Alaska living with breathtaking, unobstructed views of both the ocean and river from this beautifully remodeled 3-bedroom, 2-bath home. Overlooking the Ninilchik River and Cook Inlet, this exceptional property sits in the heart of world-class fishing, offering a lifestyle that is every bit as remarkable as the scenery.Extensively renovated from the ground up, this home has been thoughtfully updated with a focus on quality, comfort, and longevity. Recent improvements include a new 25-year roof, all-new siding, upgraded electrical and plumbing systems, new insulation, updated windows throughout, and a brand-new DEC-approved engineered septic system currently being installed--providing outstanding peace of mind for years to come. The stunning kitchen serves as the centerpiece of the home, featuring quartz countertops, stainless steel appliances, custom cabinetry, and a spacious walk-in pantry--perfect for entertaining or everyday living. The open-concept living and dining areas are filled with natural light and enhanced by updated fixtures and a cozy gas fireplace. Both bathrooms have been tastefully remodeled with quartz surfaces, custom cabinetry, and modern fixtures. Unwind in your private sauna, restored with custom cedar benches--an ideal retreat after a day of fishing, boating, or exploring Alaska's great outdoors. Additional highlights include new flooring throughout, a reconfigured and more functional entry and stairwell, custom built-ins, and an updated laundry/mudroom designed for Alaska living. A standout feature is the detached, heated two-car garage complete with a convenient half bath--perfect for storing fishing gear, working on projects, or accommodating guests after a long day on the water. Step outside onto the rebuilt entry deck and take in sweeping views of the Ninilchik River flowing into Cook Inlet, where wildlife, changing tides, and unforgettable sunsets become part of your daily routine. Move-in ready and meticulously improved, this rare waterfront-view property offers the perfect blend of comfort, recreation, and modern upgrades in one of Alaska's most sought-after fishing destinations. Whether you're looking for a year-round residence, seasonal retreat, or investment opportunity, this home delivers an unparalleled Alaska lifestyle.
    72 days
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    303
    |
    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Pelaia,

    Berkshire Hathaway HomeServices Alaska Realty,

    Michael H Cardwell,

    Berkshire Hathaway HomeServices Alaska Realty

    Source: AKMLS,MLS#: 26-4606MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Baseboard, Forced Air, Natural Gas
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Arctic Entry, BR/BA Primary on Main Level, Pantry, Quartz Counters, Sauna
      • Flooring: Carpet, Luxury Vinyl
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,016
      • Total interior livable area: 2,016 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Access/Parking, Detached, Heated Garage, No Carport
      • Garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Has view: Yes
      • View description: Inlet, Mountain(s), Ocean, River, Unobstructed
      • Has water view: Yes
      • Water view: Inlet,Ocean,River
      • Waterfront features: None, Bay Access, Inlet Access, River Access
      Lot
      • Size: 1.22 Acres
      • Features: Fire Service Area, Road Service Area, Views
      • Topography: Gently Rolling,Level,Sloping
      Details
      • Parcel number: 15711111 &15711102
      • Zoning: UNZ
      • Zoning description: Not Zoned

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame - 2x6, Wood Siding
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1978
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Electric

      Community & HOA

      Location
      • Region: Ninilchik

      Financial & listing details

      • Price per square foot: $277/sqft
      • Tax assessed value: $246,900
      • Annual tax amount: $2,410
      • Date on market: 4/30/2026

        Estimated market value

        $541,200

        $514,000 - $568,000

        $2,763/mo

        Price history

        DateEventPrice
        7/6/2026Price change$559,000-3.5%$277/sqft
        Source: AKMLS #26-4606 Report a problem
        5/12/2026Price change$579,000-2.7%$287/sqft
        Source: AKMLS #26-4606 Report a problem
        4/30/2026Listed for sale$595,000-0.7%$295/sqft
        Source: AKMLS #26-4606 Report a problem
        1/28/2026Listing removed$599,000$297/sqft
        Source: AKMLS #25-10150 Report a problem
        8/7/2025Listed for sale$599,000+64.1%$297/sqft
        Source: AKMLS #25-10150 Report a problem
        11/12/2021Sold--
        Source: AKMLS #21-8008 Report a problem
        9/25/2021Pending sale$365,000+4.6%$181/sqft
        Source: AKMLS #21-8008 Report a problem
        12/1/2020Listing removed$349,000$173/sqft
        Source: Mossy Oak Properties of Alaska Kenai #20-12979 Report a problem
        8/18/2020Listed for sale$349,000$173/sqft
        Source: Mossy Oak Properties of Alaska Kenai #20-12979 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,410 -0.7%$246,900 +4.9%
        2024$2,427 -0.6%$235,400 +3.8%
        2023$2,442 +9.8%$226,700 +13.1%
        2022$2,224 $200,500 -2.5%
        2021-- $205,700 -1.2%
        2020-- $208,300 +8.7%
        2019-- $191,700 +26.3%
        2018-- $151,800 -2.4%
        2017-- $155,600 +1.5%
        2016$1,081 $153,300 +15%
        2015$1,081 $133,300 -5.2%
        2014$1,081 $140,600 -7.7%
        2013-- $152,400
        2012-- $152,400 +0.4%
        2011-- $151,800 -4.1%
        2010-- $158,300 +7.2%
        2009-- $147,700 -7.2%
        2008-- $159,100 -1.7%
        2007-- $161,900 +16.7%
        2006-- $138,700 -2.2%
        2005-- $141,800
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99639

        Getting around

        27 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ninilchik
        • Middle: Ninilchik
        • High: Ninilchik

        Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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