Income Producing Rental Property: Unlimited Possibilities! This property offers an excellent investment opportunity, providing multiple income streams through both short-term and long-term rentals. With three short-term rental cabins and two long-term rental units, it can accommodate various types of tenants throughout the year.The Cabins: Bear & Wolf Cabins: These dry cabins each feature a kitchenette, sleep 5-6 guests, and are 231 sq. ft. each. Moose Cabin: This cabin has a full kitchen, a ¾ bath, sleeps 6 guests, is 472 sq. ft., and includes a lean-to with freezer storage and covered porch. Shared Wash House: A dual bathroom facility with laundry, 423.5 sq. ft., with an attached tool shed and loft storage. Long-Term Rentals: Double Wide: A 3-bedroom, 1-bathroom home with mountain views, 989 sq. ft.. Single Wide: A 2-bedroom, 1-bathroom unit with mountain views, 773.5 sq. ft.. Additional Features: An insulated and powered 1,200 sq. ft. shop for storage or workspace. A new 192 sq. ft. shed with a lean-to, prepped with power and water lines, ready for a fish cleaning station, freezer storage, or other uses. Fish cleaning table and additional storage shed for equipment or supplies. Additional water and sewer hookups ready for the construction of a new cabin. 5 full RV hookup spots for additional rental income. Insulated and heated well house with a commercial well, ensuring a reliable water supply. 2 septic systems servicing the property. Landscaped lawn that could be utilized for additional camp tent sites. A community campfire area for guests to gather and enjoy the natural surroundings. Seller financing is available with a 20% down payment at 7.5% interest, amortized over 20 years with a balloon payment in 7-8 years. The seller will also consider a reduced price for an all-cash offer. With peekaboo views of Mt. Iliamna and Redoubt, this property offers an idyllic setting for guests while providing plenty of room to grow or expand. Whether you're looking to continue running it as a vacation rental, start a charter business, or use it for something entirely new, the options are truly limitless!
For sale
Price cut: $26K (7/14)
$399,000
65449 Lingonberry Rd, Ninilchik, AK 99639
5beds
2,970sqft
Est.:
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$134/sqft
$-- HOA
What's special
- 294 days
- on Zillow |
- 307 |
- 18 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 12:44pm
Listed by:
Celisa Sedivy,
Mossy Oak Properties of Alaska - Ninilchik,
Danielle Chihuly,
Mossy Oak Properties of Alaska - Soldotna
Source: AKMLS,MLS#: 24-13411

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
Heating
- Electric, Propane, Wood, Wood Stove
Appliances
- Included: Washer/Dryer
- Laundry: Common Area, Washer/Dryer HkUp
Features
- Vaulted Ceiling(s)
- Flooring: Carpet, Linoleum, Luxury Vinyl, Vinyl
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Fire Pit
Interior area
- Total structure area: 2,970
- Total interior livable area: 2,970 sqft
Property
Parking
- Total spaces: 3
- Parking features: Circular Driveway, RV Access/Parking, No Carport, Detached
- Has garage: Yes
- Carport spaces: 3
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Mountain(s), Partial, Territorial
- Waterfront features: Creek Access, Inlet Access, Ocean Access, River Access, None
Lot
- Size: 2.17 Acres
- Features: Covenants
- Topography: Gently Rolling,Level
Details
- Additional structures: Shed(s)
- Parcel number: 15948024
- Zoning: UNK
- Zoning description: Unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Log Siding, Metal, Wood Siding, Log
- Foundation: Pillar/Post/Pier, Treated Posts
- Roof: Metal
Condition
- New construction: No
- Year built: 1994
- Major remodel year: 2019
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Community & HOA
Location
- Region: Ninilchik
Financial & listing details
- Price per square foot: $134/sqft
- Date on market: 10/22/2024
- Road surface type: Gravel
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