Discover an exceptional investment opportunity with these two newly constructed duplexes perched on Baycrest Hill, within the city limits of Homer. Each unit offers breathtaking views of the ocean, and the surrounding mountains, making this property as visually captivating as it is financially promising.All four units are metered separately and connected to public water, sewer, and natural gas, allowing for easy management and potential rental income. Live in one unit and let the rental income from the other three cover your mortgage. With 8 dedicated parking spaces, ample amenities, and just minutes from the Homer Spit, this property is ideally positioned for residents or vacationers looking to experience the beauty of Homer. Key Features Include: Modern Finishes & Construction: Lifeproof smart siding, durable lifeproof vinyl flooring, and ICF (insulated concrete forms) foundation for energy efficiency. Thoughtfully Designed Interiors: Large open living spaces with spectacular views, butcher block breakfast bars, and quality Lifeproof finishes throughout. Convenience & Comfort: Each unit includes a washer and dryer, hot water on demand, and spacious layouts perfect for modern living. Details by Building: Building 1 (Units A & B): Concrete slab foundation. Building 2 (Units 1 & 2): Built on a durable ICF foundation. With stunning views, high-quality finishes, and strong income potential, these duplexes offer the best of Homer living and a rewarding investment. Don't miss the chance to own a prime piece of Alaskan real estate with unmatched appeal and flexibility!
New construction
$1,400,000
1696 Sterling Hwy, Homer, AK 99603
10beds
4,628sqft
Est.:
Duplex
Built in 2024
-- sqft lot
$-- Zestimate®
$303/sqft
$-- HOA
What's special
Large open living spacesSpectacular viewsSurrounding mountainsHot water on demandSpacious layoutsModern finishes and constructionThoughtfully designed interiors
- 406 days
- on Zillow |
- 148 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 10:40pm
Listed by:
Sarah Beller,
Sarah Beller Real Estate
Source: AKMLS,MLS#: 24-7747

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Washer/Dryer
- Laundry: Washer/Dryer HkUp
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 4,628
- Total interior livable area: 4,628 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: No Carport, No Garage
- Garage spaces: 2
Features
- Has view: Yes
- View description: Bay, City Lights, Mountain(s), Ocean, Unobstructed
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: Ocean Access, None
Lot
- Size: 0.91 Acres
- Features: Covenants, City Lot
- Topography: Gently Rolling,Level
Details
- Parcel number: 17525004
- Zoning: RR
- Zoning description: Rural Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Frame
- Foundation: Concrete Perimeter, Quad-Lock
- Roof: Composition,Shingle
Condition
- New Construction
- New construction: Yes
- Year built: 2024
Details
- Builder name: Polar Star Construction
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $468,500
- Annual tax amount: $4,807
- Date on market: 6/25/2024
- Road surface type: Paved
- Loading
- Loading