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For sale
  • $530,000

    66445 Oil Well Rd, Ninilchik, AK 99639

    --beds
    2,899sqft
    : 
    Multi Family
    Built in 2010
    -- sqft lot
    $500,300 Zestimate®
    $183/sqft
    $-- HOA

    What's special

    Quaint seating areaEfficient water heatersSunny front deckTwo wells
    An incredible opportunity to transform ''Ninilchik Cabins and Cafe'' into your own Commercial Operation! 1,267 square foot Cafe PLUS 7 efficiency rental cabins and a laundry/storage build on 2 lots (1.94 acres)!! Currently, the cabins alone bring in a substantial NET profit as monthly rentals, while the cafe is ready to work for a baker, a chef's kitchen. Insurance replacement value $1,101,700.00CREATE a dream fishing experience, just minutes from WORLD CLASS fishing. (2 miles from Deep Creek Boat Launch) Just think of all the amazing ways you could amplify this property by adding RV hook ups, a drive through coffee cart and more! Utilize the commercial kitchen to its fullest potential, curate a gift shop, add more cabins... the list goes on! Two wells, two septic systems, tons of available parking space for cars, boats, trailers.... 7 Studio Cabins are each outfitted with a kitchen/kitchenettes, shower, bed, natural gas heater, and sunny front deck with laundry and utilities in Cabin #8. Cafe outfitted with Commercial Kitchen and Quaint Seating Area for you and your clients to enjoy for years to come. This property is beaming with pride in ownership. Sellers have done so many updates with efficient water heaters, heating systems, and more! Current Leases All cabins are full through April utilities included. Cabin #1 $850.00 Cabin #2 $900.00 Cabin #3 $850.00 Cabin #4 $850.00 Cabin #5 $900.00 Cabin #6 $1,100.00 Cabin #7 $1,200.00 2022 Gross Income $51,992.00 ($4,332.66 a month) 2023 Gross Income $46,537.33 ($3,878.11 a month) 2024 Gross Income $52,246.55 ($4,353.88 a month) 2025 Gross Income $58,603.34 ($4,883.61 a month) Expenses Annual (1 Year/12 Months) $112.75 Square/Credit Card Processor $1,019.88 ACS Internet $158.90 Office Supplies $5,966.69 Enstar $3,990.01 HEA $3664.90 Property Tax $3,985.63 Property Insurance/Business Insurance $4,271.36 Maintenance $100.00 Business License Total $23,270.12 ($1939.18 a month) Plus Below 2 Items Below *Sales Tax Varies Depending On Rents (monthly vs nightly) *Seller hauls their own garbage
    50 days
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    272
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    20
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    Zillow last checked: 7 hours ago

    Listing updated: February 23, 2026 at 12:35pm

    Listed by:

    Katie Uei,

    EXP Realty, LLC

    Source: AKMLS,MLS#: 26-1399MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 9
      • 3/4 bathrooms: 7
      Heating
      • Floor Furnace, Natural Gas
      Appliances
      • Laundry: Washer/Dryer HkUp
      Features
      • Flooring: Linoleum, Luxury Vinyl, See Remarks
      • Has basement: No
      Interior area
      • Total structure area: 2,899
      • Total interior livable area: 2,899 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: No Carport, No Garage
      • Garage spaces: 2
      • Carport spaces: 7
      • Covered spaces: 9
      Features
      • Waterfront features: Creek Access, Ocean Access, River Access, None
      Lot
      • Size: 1.94 Acres
      • Topography: Level
      Details
      • Parcel number: 15943064 & 15943065 (2 lots)
      • Zoning: UNK
      • Zoning description: Unknown

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Log Siding, Wood Siding, Log, Other, Frame
      • Foundation: Concrete Perimeter, Treated Posts
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2010
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well

      Community & HOA

      Location
      • Region: Ninilchik

      Financial & listing details

      • Price per square foot: $183/sqft
      • Annual tax amount: $3,127
      • Date on market: 2/15/2026
      • Road surface type: Paved
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        Estimated market value

        $500,300

        $475,000 - $525,000

        $1,554/mo

        Price history

        Price history
        DateEventPrice
        2/15/2026Listed for sale$530,000$183/sqft
        Source: AKMLS #26-1399 Report a problem
        10/16/2025Listing removed$530,000$183/sqft
        Source: AKMLS #25-3018 Report a problem
        3/25/2025Listed for sale$530,000-10.9%$183/sqft
        Source: AKMLS #25-3018 Report a problem
        1/1/2025Listing removed$595,000$205/sqft
        Source: AKMLS #24-1229 Report a problem
        6/2/2024Price change$595,000-8.5%$205/sqft
        Source: AKMLS #24-1229 Report a problem
        2/8/2024Listed for sale$650,000$224/sqft
        Source: AKMLS #24-1229 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $3,025/mo
        Principal & interest
        $2733
        Property taxes
        $292
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          Climate risks

          Neighborhood: 99639

          Getting around

          29 / 100
          Car-Dependent
          30 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 99639