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For sale
  • $1,200,000

    3153 Sterling Hwy, Homer, AK 99603

    5beds
    4,600sqft
    : 
    $7,121/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    2.99 Acres Lot
    $1,159,900 Zestimate®
    $261/sqft
    $-- HOA

    What's special

    Stunning bayside viewsFully equipped kitchenExpansive deckOutdoor seating area
    Experience the ultimate Alaskan retreat at Paradise Suites, a rare multi-unit property set on approximately 3 scenic acres overlooking the breathtaking beauty of Kachemak Bay and Cook Inlet. Offering three distinct accommodations, this exceptional property combines comfort, privacy, and unforgettable panoramic views--ideal for vacation rentals, corporate retreats, multi-generational living,or an owner-occupied hospitality investment. The main residence welcomes guests with stunning bayside views, a spacious primary suite with a King bed, a semi-secluded loft featuring two Queen beds, two full bathrooms, a cozy living room, and a fully equipped kitchen. Step outside onto the expansive deck where guests can relax in the 4-person hot tub, gather around the outdoor seating area, or enjoy BBQ evenings while taking in spectacular sunsets over the bay. The second accommodation, known as the Bear Den, offers approximately 800 square feet of comfortable living space complete with a living room, kitchenette, dining area, and full bath--perfect for additional guests or rental income. Perched above the property, the Eagle's Nest provides a private 800 square foot retreat featuring a Queen primary bedroom, living room, kitchen, dining area, and bath. With its elevated setting, guests enjoy a true bird's-eye view of the entire property along with sweeping vistas of Kachemak Bay and Cook Inlet. A truly unique opportunity to own an established Alaskan getaway where natural beauty, privacy, and income potential come together in one extraordinary setting.
    82 days
    |
    530
    |
    17
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Pelaia,

    Berkshire Hathaway HomeServices Alaska Realty

    Source: AKMLS,MLS#: 26-4984MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, Other, Radiant
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Arctic Entry, BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Solid Surface Counter, Storage
      • Flooring: Luxury Vinyl
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Fire Pit
      Interior area
      • Total structure area: 4,600
      • Total interior livable area: 4,600 sqft

      Property

      Parking
      • Parking features: Circular Driveway, RV Access/Parking, No Garage, No Carport
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Spa features: Heated
      • Has view: Yes
      • View description: Bay, Glacier, Inlet, Mountain(s), Ocean, Spit, Unobstructed
      • Has water view: Yes
      • Water view: Bay,Inlet,Ocean,Spit
      • Waterfront features: Inlet, No Access
      Lot
      • Size: 2.99 Acres
      • Features: Fire Service Area, City Lot, Landscaped, Bluff, Road Service Area, Views
      • Topography: Bluff,Gently Rolling,Level
      Details
      • Additional structures: Shed(s)
      • Parcel number: 17316036
      • Zoning: RR
      • Zoning description: Rural Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other - See Remarks
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Frame, Wood Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $261/sqft
      • Tax assessed value: $615,700
      • Annual tax amount: $3,858
      • Date on market: 5/6/2026

        Estimated market value

        $1,159,900

        $1.10M - $1.22M

        $5,523/mo

        Price history

        DateEventPrice
        5/6/2026Listed for sale$1,200,000-2.8%$261/sqft
        Source: AKMLS #26-4984 Report a problem
        7/25/2025Listing removed$1,235,000$268/sqft
        Source: AKMLS #25-2914 Report a problem
        3/22/2025Listed for sale$1,235,000-8.5%$268/sqft
        Source: AKMLS #25-2914 Report a problem
        1/5/2025Listing removed$1,349,000$293/sqft
        Source: AKMLS #24-10795 Report a problem
        8/22/2024Listed for sale$1,349,000+170.3%$293/sqft
        Source: AKMLS #24-10795 Report a problem
        9/28/2022Sold--
        Source: AKMLS #22-5651 Report a problem
        8/6/2022Pending sale$499,000$108/sqft
        Source: AKMLS #22-5651 Report a problem
        7/15/2022Price change$499,000-9.6%$108/sqft
        Source: AKMLS #22-5651 Report a problem
        5/5/2022Listed for sale$552,000+65.8%$120/sqft
        Source: AKMLS #22-5651 Report a problem
        7/31/2017Sold--
        Source: AKMLS #438001_16-5772 Report a problem
        6/27/2017Pending sale$333,000$72/sqft
        Source: Bay Realty #16-5772 Report a problem
        9/27/2016Price change$333,000-7.2%$72/sqft
        Source: Bay Realty #16-5772 Report a problem
        6/11/2016Price change$359,000-5.3%$78/sqft
        Source: Bay Realty #16-5772 Report a problem
        4/17/2016Listed for sale$379,000+8.6%$82/sqft
        Source: Bay Realty #16-5772 Report a problem
        1/12/2014Listing removed$349,000$76/sqft
        Source: Bay Realty #12-14050 Report a problem
        5/3/2013Price change$349,000-12.5%$76/sqft
        Source: Bay Realty #12-14050 Report a problem
        10/15/2012Listed for sale$399,000$87/sqft
        Source: Bay Realty #12-14050 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,858 -31.3%$615,700 +5.4%
        2024$5,616 +54.9%$584,200 +76%
        2023$3,624 +33.8%$331,900 +19%
        2022$2,709 -0.1%$279,000 +1.4%
        2021$2,711 -2.2%$275,200 -1.9%
        2020$2,772 $280,500 +1.9%
        2019$2,772 +1.7%$275,200 +2.9%
        2018$2,725 -11.4%$267,500 +0.4%
        2017$3,076 +88.4%$266,400 +59.9%
        2016$1,633 $166,600 -14.5%
        2015$1,633 $194,800 +12.4%
        2014$1,633 $173,300 -0.6%
        2013-- $174,400 -1.1%
        2012-- $176,300 +7.2%
        2011-- $164,500 -4.2%
        2010-- $171,800 +3%
        2009-- $166,800 -0.4%
        2008-- $167,400 +24.1%
        2007-- $134,900 +2.3%
        2006-- $131,900 +32.2%
        2005-- $99,800
        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: 99603

        Getting around

        8 / 100
        Car-Dependent
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Paul Banks/Homer
        • Middle: Homer
        • High: Homer

        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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