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For sale by owner
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  • $849,000

    2851 Sterling Hwy, Homer, AK 99603

    10beds
    3,500sqft
    : 
    $5,261/mo
    Get pre-qualified
    Unknown
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $243/sqft
    $-- HOA

    What's special

    Best view in town
    Three and a half acres, tremendous restoration potential. Currently has seasonal and fully-booked AirBnB lodging (a stand-alone 20' diameter Yurt and 250 sqft cabin) - the best water setup in town. Buildings include - * the hotel building itself (fire damaged on one end, with the loss of the suite and one room - seven unrestored rooms (each with bath and separate entry door) One unfinished master suite combined from three rooms with 2 baths, and front / rear entry doors * a 20' completely finished Yurt (2 bed, full bath and kitchenette) front and rear decks * a 250 sq foot cabin with bunk beds and a lofted Queen bed, full bath, kitchen and dining areas * an older mobile home (currently storage, formerly the Office) * a storage building (former pew-pew shop) * an office building (office at later time) * 'kitchen building' where continental breakfasts were laid out for guests * the coolest out-house in the state * "water building" heavily insulated 320 sq ft w/ 6000 gallons of water storage and full treatment setup * 40 ft hicube connex storage * 48 ft vann trailer storage * 30 ft semi trailer storage Close to highway, close to town but far enough away. Did we mention that its literally the best view in town? Note that due to its unique properties (not a conventional home by any measurement, sale AS IS, previous damage to one building, etc) owner is willing to carry a significant note / if homerak.com is not working correctly, try tinybirches.com
    What the owner loves about this home
    Homers' oldest Inn. Original construction 1960s, historical place, literally the best view in Homer (180 degrees from near the spit to the volcanos) Just below the Baycrest (Homer) Overlook. Three and a half acres, tremendous restoration potential. Currently has seasonal and fully-booked AirBnB lodging (a stand-alone 20' diameter Yurt and 250 sqft cabin) - the best water setup in town. Buildings include - * the hotel building itself (fire damaged on one end, with the loss of the suite and one room - seven unrestored rooms (each with bath and separate entry door) One unfinished master suite combined from three rooms with 2 baths, and front / rear entry doors * a 20' completely finished Yurt (2 bed, full bath and kitchenette) front and rear decks * a 250 sq foot cabin with bunk beds and a lofted Queen bed, full bath, kitchen and dining areas * an older mobile home (currently storage, formerly the Office) * a storage building (former pew-pew shop) * an office building (office at later time) * 'kitchen building' where continental breakfasts were laid out for guests * the coolest out-house in the state * "water building" heavily insulated 320 sq ft w/ 6000 gallons of water storage and full treatment setup * 40 ft hicube connex storage * 48 ft vann trailer storage * 30 ft semi trailer storage Close to highway, close to town but far enough away. Did we mention that its literally the best view in town? Note that due to its unique properties (not a conventional home by any measurement, sale AS IS, previous damage to one building, etc) owner is willing to carry a significant note / if homerak.com is not working correctly, try tinybirches.com
    11 days
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    372
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    Listed by:

    Property Owner (917) 945-8739

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 10
      • Full bathrooms: 10
      Heating
      • Other, Electric, Oil, Wood / Pellet
      Cooling
      • None
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Flooring: Other
      • Basement: Unfinished
      Interior area
      • Total interior livable area: 3,500 sqft

      Property

      Parking
      • Total spaces: 50
      • Parking features: Off-street
      Features
      • Exterior features: Wood
      • Has view: Yes
      • View description: Water, Mountain
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 4 Acres
      Details
      • Parcel number: 17501028

      Construction

      Type & style
      • Home type: Unknown
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1960

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $243/sqft
      • Tax assessed value: $199,000
      • Annual tax amount: $1,952
      • Date on market: 7/17/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $980/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$849,000$243/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,952 +3.6%$199,000 +8.3%
        2024$1,885 +1.4%$183,700 +7.9%
        2023$1,859 +12.3%$170,200 +15.6%
        2022$1,655 +1%$147,200 +2.8%
        2021$1,638 +0.1%$143,200 +0.1%
        2020$1,637 $143,100 -10.1%
        2019$1,637 -10.5%$159,100 +3.5%
        2018$1,830 +3.5%$153,700 -35.1%
        2017$1,768 +22%$237,000 +85.3%
        2016$1,449 $127,900 +0.6%
        2015$1,449 $127,100 -0.6%
        2014$1,449 $127,900 +3.9%
        2012-- $123,100 -4%
        2011-- $128,200 +6.5%
        2010-- $120,400 +5.4%
        2008-- $114,200 +14.2%
        2007-- $100,000 +6.5%
        2006-- $93,900 +4.7%
        2005-- $89,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 99603

        Getting around

        2 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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