725 Sterling Highway, Homer, AK 99603

$875,000
Property Type: Commercial Sale Square Footage: 1,340 Lot Size (sq. ft.): 72,310 Status: Active
Current Price: $875,000 Last Modified: 3/05/2026

Overview

Description

Welcome to one of the most unique properties at the gateway to Homer! Situated on 1.66 acres on the bluff, this iconic property offers unobstructed views of Kachemak Bay and the surrounding mountains, along with incredible visibility along the Sterling Highway as you drive into town.

Supplements: Formerly operated as a restaurant with a convenient drive-thru, the property presents a rare opportunity for commercial, residential, or mixed-use potential. The charming lighthouse feature creates a memorable landmark and adds character that draws attention from locals and visitors alike. Inside, the space can continue as a food service or retail ...

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Listing Details MLS# 26-2040

Contract Info

Price-List
875000
Date-Listing
2026-03-04
Foreclosure/Bank Own
No

Location Tax and Legal

Area
490 - Homer
Street #
725
Street Name
Sterling
Arterial
Highway
Closest USPS Town
Homer
State
AK
Zip Code
99603

Property Info

Type of Property
Mixed Use
Building Type
Class B
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Owner Occupied
Acres
1.66
SF-Lot
72309.6
Lot Area Source
Tax Authority
SF-Res
1340
Floors
Yes
Zoning
RMKS - See Remarks
Year Built
2014

Directions and Remarks

Directions
Coming into Homer just passed West Hill Road the property is on the right.

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1B - Kenai Peninsula Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Bluff Park #5 L3A

To Show

ShowingTime
Yes

More Information

Listing Terms Financing

Cash
Yes
Conventional
Yes

Primary Space

Hospitality
Yes

Secondary Space

Retail
Yes

Exterior Finish

Wood
Yes

Heating

Floor Furnace
Yes
Natural Gas
Yes

Roof Type

Metal
Yes

Construction Type

Wood Frame - 2x4
Yes
Wood Frame - 2x6
Yes

View Type

Bay
Yes
City Lights
Yes
Glacier
Yes
Inlet
Yes
Mountains
Yes
Ocean
Yes
Unobstructed
Yes

Foundation

All-Weather Wood
Yes

Flooring

Carpet
Yes

Walls

Sheetrock
Yes

Access

Government
Yes
Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

In City Limits
Yes
Living Quarters
Yes
On-Site Parking
Yes
Restroom(s)-Private
Yes
Wtrfnt-Actual Frntg
Yes

Documents

Docs Posted on MLS
Yes

Property Features

Primary Space: Hospitality Secondary Space: Retail Heating: Floor Furnace; Natural Gas Exterior Finish: Wood Construction Type: Wood Frame - 2x4; Wood Frame - 2x6 Foundation: All-Weather Wood Roof Type: Metal Flooring: Carpet Walls: Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: In City Limits; Living Quarters; On-Site Parking; Restroom(s)-Private; Wtrfnt-Actual Frntg Access: Government; Maintained; Paved View Type: Bay; City Lights; Glacier; Inlet; Mountains; Ocean; Unobstructed To Show: ShowingTime Listing Terms Financing: Cash; Conventional Documents: Docs Posted on MLS

Documents

IDX
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: March - 05 - 2026
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 the site owner are marked with 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. Site contains live data.
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