3153 Sterling Highway, Homer, AK 99603 (MLS # 26-4984)

Price $1,200,000
Status Active
Beds 5
Baths 4 Baths
Home size 4,600 sqft
Lot Size 2.99 ac
Days on Market 3
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.
Property Type(s): Single Family
Last Updated 5/6/2026 Year Built 2024
Community 1B - Kenai Peninsula Borough

SCHOOLS

Elementary SchoolPaul Banks/Homer
Jr. High SchoolHomer
High SchoolHomer

Additional Details

AIRCeiling Fan(s)
AIR CONDITIONINGYes
APPLIANCESDishwasher, Microwave, Refrigerator
AREA1B - Kenai Peninsula Borough
CONSTRUCTIONFrame, Wood Siding
EXTERIORFire Pit, Private Yard, Storage
HEATNatural Gas, Other, Radiant
INTERIORBreakfast Bar, Ceiling Fan(s), Master Downstairs
LOT2.99 acre(s)
LOT DESCRIPTIONBluff, Landscaped, Level, Rolling Slope, Waterfront
LOT DIMENSIONS130244.4
PARKINGNone, Circular Driveway, RV Access/Parking
SEWERSeptic Tank
STYLEOther, Traditional
VIEWYes
VIEW DESCRIPTIONBay, Inlet, Mountain(s), Ocean
WATERWell
WATERFRONT DESCRIPTIONInlet
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Alaska MLS

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