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RARE HOMER WATERFRONT DEVELOPMENT OPPORTUNITY WITH STERLING HIGHWAY FRONTAGE! Position your next project at one of Homer's most visible gateways. This exceptional waterfront parcel offers extensive Sterling Highway frontage, high traffic exposure, and sweeping views across Kachemak Bay to the mountains and glaciers--all in a location travelers pass on their way into Homer and toward the Iconic Homer Spit.Zoned Gateway Business District, the property offers exciting potential for a variety of commercial or mixed-use concepts. Envision a restaurant or café overlooking the bay, retail, professional offices, lodging, condominiums, a community-oriented development, or another project designed to take advantage of this remarkable setting.The combination of waterfront, highway visibility, views, utilities, and in-city location makes this a truly distinctive Homer offering.Property highlights include Sterling Highway frontage with excellent visibility and traffic exposure; Kachemak Bay waterfront; panoramic ocean, mountain, glacier and Homer Spit views; Gateway Business District zoning; public water and sewer adjacent to the property; public water stubbed to 1129 Sterling Highway; natural gas and power available; and location within Homer city limits.Bring your vision and explore the possibilities for one of Homer's most recognizable undeveloped properties. Location, exposure, waterfront and extraordinary views come together in one exceptional opportunity.Buyer to independently verify zoning, permitted uses, utilities, development requirements and suitability for intended use.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 9/4/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough |
SCHOOLS
| Elementary School | Paul Banks/Homer |
|---|---|
| Jr. High School | Homer |
| High School | Homer |
Additional Details
| AREA | 1B - Kenai Peninsula Borough |
|---|---|
| LOT | 17.8 acre(s) |
| LOT DESCRIPTION | Bluff, Gentle Sloping, Level, Sloped, Waterfront |
| LOT DIMENSIONS | 17.8 |
| UTILITIES | Electricity Available, Natural Gas Available, Water Available, Sewer Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, City Lights, Inlet, Mountain(s), Ocean |
| WATER | Public |
| WATER ACCESS | Kachemak Bay |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Ocean Front, Inlet |
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Petersburg Properties LLC are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage
All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
This IDX solution is (c) Diverse Solutions 2026.
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