Charming Kenai Peninsula Retreat - Two Cabins on 2.34 Acres!Welcome to 37461 & 37429 Arabian Lane - the ideal getaway or investment opportunity! Nestled on 2.34 private acres, this property includes two separate cabins and is just a short walk to public access on the world-famous Kenai River.The main cabin, built in 1986, offers 1,188 sq ft with 2 bedrooms, 2 bathrooms, and a full kitchen perfect for comfortable living or hosting guests. The dry guest cabin, a cozy 320 sq ft studio built in 1984, features 1 bedroom and a convenient kitchenette. Both cabins have a strong history of short-term rentals: the main cabin has previously rented for $250/night, and the guest cabin for $125/night. Whether you're looking for a peaceful personal retreat, a multi-family vacation spot, or a proven income property, this versatile setup delivers. Not currently set up to live year round but it wouldn't take much to turn this into a comfortable year round home. Don't miss this rare opportunity to own a slice of Alaska's Playground!
Sold
Price Unknown
37461 Arabian Ln, Sterling, AK 99672
3beds
1,508sqft
Single Family Residence
Built in 1986
2.34 Acres Lot
$366,000 Zestimate®
$--/sqft
$2,383 Estimated rent
Home value
$366,000
$264,000 - $512,000
$2,383/mo
Zestimate® history
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List your homeWhat's special
Main cabinDry guest cabinPrivate acresFull kitchen
Zillow last checked:
Listing updated:
Listed by:
Teresa Winter,
Jack White Real Estate Soldotna,
Ava L Anderson,
Jack White Real Estate
Bought with:
Kenai River Realty
Century 21 Realty Solutions Freedom Branch
Century 21 Realty Solutions Freedom Branch
Source: AKMLS,MLS#: 25-9598
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Propane, Wood
Features
- In-Law Floorplan
- Flooring: Parquet, Vinyl
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Wood Burning Stove
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,508
- Total interior livable area: 1,508 sqft
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, RV Access/Parking, No Garage, Attached Carport
- Carport spaces: 1
- Has uncovered spaces: Yes
Features
- Waterfront features: Waterfront Access, None, River Access
Lot
- Size: 2.34 Acres
- Features: Fire Service Area
- Topography: Level
Details
- Additional structures: Greenhouse
- Parcel number: 06340014 & 06340015
- Zoning: RES
- Zoning description: Residential (Unofficial)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Other - See Remarks
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Treated Posts
- Roof: Metal
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Sterling
Financial & listing details
- Tax assessed value: $178,700
- Annual tax amount: $1,449
- Date on market: 7/28/2025
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2025 | Sold | -- |
Source:  AKMLS #25-9598 Report a problem | ||
| 8/12/2025 | Pending sale | $365,000$242/sqft |
Source: AKMLS #25-9598 Report a problem | ||
| 7/28/2025 | Listed for sale | $365,000$242/sqft |
Source: AKMLS #25-9598 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,449 -2.8% | $178,700 +6.9% |
| 2024 | $1,491 | $167,100 |
| 2023 | $1,491 +14.2% | $167,100 +12.1% |
| 2022 | $1,305 +1.3% | $149,000 +3.6% |
| 2021 | $1,288 -1% | $143,800 -1% |
| 2020 | $1,301 | $145,200 +0.6% |
| 2019 | $1,301 +0.6% | $144,400 +4.7% |
| 2018 | $1,294 +4.7% | $137,900 -4.1% |
| 2017 | $1,236 +35.2% | $143,800 +3.9% |
| 2016 | $914 | $138,400 +18.2% |
| 2015 | $914 | $117,100 +6.6% |
| 2014 | $914 | $109,800 +1.2% |
| 2013 | -- | $108,500 -1.5% |
| 2012 | -- | $110,100 +0.8% |
| 2011 | -- | $109,200 -16.2% |
| 2010 | -- | $130,300 -2.3% |
| 2009 | -- | $133,300 +14.7% |
| 2008 | -- | $116,200 +3.8% |
| 2007 | -- | $111,900 +20.8% |
| 2006 | -- | $92,600 +8.8% |
| 2005 | -- | $85,100 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 99672
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Nearby schools
GreatSchools rating
- 6/10Sterling Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 5/10Soldotna Middle SchoolGrades: 7-8Distance: 11.9 mi
- 5/10Soldotna High SchoolGrades: 9-12Distance: 11 mi
- Alaska
- Kenai Peninsula Borough
- Sterling
- 99672
- 37461 Arabian Ln
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