


Alaska Multiple Listing Service / Century 21 Realty Solutions / Mallory Musgrove / Morgan Musgrove 37905 Hall Road Sterling, AK 99669
Description
26-2956
7.14 acres
Multifamily
2000
Mountain(s)
Kenai Peninsula Borough
Listed By
Morgan Musgrove, Century 21 Realty Solutions
Alaska Multiple Listing Service
Last checked Apr 4 2026 at 1:12 AM GMT+0000
- Foundation: Other
- Tile
- Roof: Asphalt
- Roof: Composition
- Roof: Shingle
- Sewer: Septic Tank
- Elementary School: Sterling
- Middle School: Skyview
- High School: Soldotna
- Total: 9
- Other
- 4,456 sqft
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
Interest rate
%
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Rare opportunity to own a 7.14-acre multi-residence property on two parcels (37905 / 37909 Hall Road) overlooking the Kenai River basin and Kenai Mountains. This unique estate blends proven rental income, privacy, and exceptional craftsmanship. Features include: 3 bed / 2 bath custom post & beam main home (Raven's Bluff House), 2 bed / 1 bath walkout daylight in-law apartment, detached log workshop/rec building with 1 bed / 1 bath apartment, plus two additional cabins. Many furnishings included.
Established income streams:
- Main house + in-law unit operate as a successful VRBO tourism rental with 14-year history, 75+ five-star reviews, and repeat guests
- Cabins + workshop apartment are leased to long-term tenants for steady year-round income
Exceptional setting: Southern exposure with sunrise views over the mountains and all-day sunlight, plus peaceful sunset views over a western valley. Frequent wildlife sightings include eagles, moose, lynx, and seasonal migrations of Sandhill Cranes and other birds.
Prime location: Approx. 10-minute walk via paved road or 15-minute wooded trail to Morgan's Landing (Alaska State Parks) offering riverfront hiking trails and elevated fishing platforms on the Kenai River. Flexible use: continue mixed rental model, expand tourism, or create a private retreat. Package sale only. Cash or conventional financing.