This is a TURN KEY investment opportunity .Located in a prime spot for fishing on the Kenai River, this lodge has 6 Cabins 2 bunkhouses, private living quarters a Great room w/Private bar and full kitchen making it ideal for corporate retreats and weddings. This Lodge currently is ran 31/2 months out of the year , To maximize revenue you might explore running it year around. please see videosFOR FINANCIALS PLEASE SIGN THE FORM IN THE DOCUMENTS THIS SALE INCLUDES TWO LOTS GREAT LAND AND RIPPA COURT GREATLAND -HAS THE LODGE (JOYS KENAI RIVER CABINS) COMPLETLY TURN KEY RIPPA COURT- HAS A HUGE GARAGE/ SHOP/CARPORT W/2 WALK IN FREEZERS A BOAT, FISHING GEAR ,ICE MAKER SMOKER AND SHED. THIS LOT HAS HAD OVER 400K IN ADDITION'S ADDED TO IT. PLEASE SEE INVENTORY LIST AND BILL OF SALE
For sale
Price cut: $200K (5/13)
$2,700,000
38120 Great Land St, Sterling, AK 99672
30beds
6,444sqft
Multi Family
Built in 1995
-- sqft lot
$2,505,500 Zestimate®
$419/sqft
$-- HOA
What's special
Private living quarters
- 130 days |
- 524 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Rhonda Lee Byrd,
Real Estate Brokers of Alaska
Source: AKMLS,MLS#: 26-2347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 30
- Bathrooms: 9
- Full bathrooms: 8
Heating
- Electric, Floor Furnace, Natural Gas, Radiant Floor
Appliances
- Included: Washer/Dryer
- Laundry: Common Area, Washer/Dryer HkUp
Features
- Flooring: Concrete, Other
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Fire Pit
Interior area
- Total structure area: 6,444
- Total interior livable area: 6,444 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, RV Access/Parking, Attached Carport, Tuck Under, Detached, Heated Garage
- Garage spaces: 1
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Access, River Front, Motorized
- Body of water: KENAI RIVER
Lot
- Size: 2.59 Acres
- Topography: Bluff
Details
- Additional structures: Shed(s)
- Parcel number: 06501204 & 06501305
- Zoning: UNZ
- Zoning description: Not Zoned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Log Siding, Wood Siding, Concrete, Log, Wood Frame - 2x6
- Foundation: Pillar/Post/Pier, Concrete Perimeter, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Sterling
Financial & listing details
- Price per square foot: $419/sqft
- Tax assessed value: $1,228,400
- Annual tax amount: $9,962
- Date on market: 3/12/2026
- Road surface type: Gravel
Estimated market value
$2,505,500
$2.38M - $2.63M
$1,844/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $2,700,000-6.9%$419/sqft |
Source:  AKMLS #26-2347 Report a problem | ||
| 3/12/2026 | Listed for sale | $2,900,000+163.6%$450/sqft |
Source: AKMLS #26-2347 Report a problem | ||
| 6/16/2022 | Listing removed | -- |
Source: AKMLS #21-9546 Report a problem | ||
| 1/31/2022 | Pending sale | $1,100,000$171/sqft |
Source: AKMLS #21-9546 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,962 -3.1% | $1,228,400 +6.6% |
| 2024 | $10,276 +24.7% | $1,152,000 +24.7% |
| 2023 | $8,239 +88.9% | $923,600 +8.9% |
| 2022 | $4,361 +5.2% | $847,800 +4.3% |
| 2021 | $4,146 -2.3% | $812,700 -1.3% |
| 2020 | $4,245 | $823,800 +1.1% |
| 2019 | $4,245 -41.9% | $815,100 -7.3% |
| 2018 | $7,303 -7.3% | $879,000 -11.1% |
| 2017 | $7,876 +22.4% | $988,800 +6.7% |
| 2016 | $6,432 | $927,100 +3.6% |
| 2015 | $6,432 | $894,600 +14% |
| 2014 | $6,432 | $784,900 +7.8% |
| 2010 | -- | $728,200 +12% |
| 2007 | -- | $650,000 |
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.Climate risks
Neighborhood: 99672
Nearby schools
GreatSchools rating
- 6/10Sterling Elementary SchoolGrades: PK-6Distance: 1.1 mi
- 5/10Soldotna Middle SchoolGrades: 7-8Distance: 12.6 mi
- 7/10Connections HomeschoolGrades: PK-12Distance: 10.8 mi
Schools provided by the listing agent
- Elementary: Sterling
- Middle: Skyview
- High: Soldotna
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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A local agent can set up tours, give advice and negotiate with sellers.
