59195 Sterling HWY Kasilof, AK 99610
UPDATED:
10/17/2024 09:29 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,382 sqft
Price per Sqft $217
MLS Listing ID 24-11492
Style Two-Story Tradtnl
Bedrooms 2
Full Baths 1
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1978
Annual Tax Amount $924
Lot Size 9.250 Acres
Acres 9.25
Property Description
Potential Gross Income Revenue......
Rates always vary with each season & varies based on both competing air B&B businesses and tourism. Imagine if you had 5 cabins on each side of the creek how much income you could generate?!? If you were only 75% occupancy factoring only 90 of the 123 days beginning May going until the end of August if you only got $99.00 per night X 10 cabins X only 90 days=$89,100.00 summer income. If you got $293.00 X 10 cabins X only 90 days=$263,700.00 summer income. Then rent long term in the winter from September to end of April for $1000.00 a month each ($1000.00 a month X 10 cabins X 8 months=$80,000.00. All together a potential gross income of $169,100.00-$343,700.00. Investors are always encouraged to research the various booking sites independently to gauge their potential gross revenue w/the plan they create that works best for their needs. These scenarios are only variations to determine how many known investors gain the most profit from summer to winter with their rentals.
Kasilof River (walking distance to public access-less then 2 miles),
Four species of salmon sockeye, king, pink and coho salmon and rainbow trout, steelhead, char and whitefish spawn in the Kasilof River. Johnson Lake is not too far and stocked with Rainbow Trout through Fish & Game.
As you face the front of the property to the left is a large parcel owned by Fish & Game. To the right is a very successful high end air B&B.
The home on the property has no value and was not considered in the value. This property will not bank finance due to the condition on the home. Buyer will need to be a cash buyer. This is an estate sale and property are being sold as-is for the value of the land only.
Location
State AK
Area 320 - Kasilof
Zoning UNK - Unknown
Direction Heading South from Soldotna on Sterling Highway just past mile 111 on left, see sign
Body of Water Crooked Creek
Interior
Interior Features BR/BA on Main Level, Electric, Range/Oven, Refrigerator, Vaulted Ceiling(s), Washer &/Or Dryer Hookup, Laminate Counters
Flooring Carpet
Exterior
Exterior Feature Fixer Upper, Road Service Area2, Fire Service Area2
Parking Features Attached
Garage Spaces 1.0
Garage Description 1.0
Roof Type Asphalt
Topography Other - See Remarks5,Level,Gently Rolling,Sloping
Building
Lot Description Gently Rolling, Level, Sloping, Other - See Remarks
Foundation None
Lot Size Range 9.25
Architectural Style Two-Story Tradtnl
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools Btv-Undiscl By Ll
Middle Schools Btv-Undiscl By Ll
High Schools Btv-Undiscl By Ll
Others
Tax ID 13702155
Acceptable Financing Cash, See Remarks
Listing Terms Cash, See Remarks