59195 Sterling HWY Active

Kasilof,AK 99610

$ 300000

2 Beds

1 Bath

1382 SqFt


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

Year Built 1978

Annual Tax Amount $924

Lot Size 9.250 Acres

Property Description

AIR B&B Dream Location!! RARE opportunity to own 9.25 UNZONED UNRESTRICTED acres fronting Crooked Creek that's stocked w/Chinook salmon!! Imagine how many rentals you can put on this property fronting both sides of the creek w/access from Crooked Creek Road & Sterling highway. Less than 2 miles from public access to the Kasilof River & close to public access to Johnson Lake! Everything you need to host an income generating air B&B! Alaskan Resort income $$$ Awaits YOU. Nestled in a serene, wooded area you have unlimited trails that take you to some great snowmachining, hunting, fishing and lots of recreational opportunities. Experience a one-of-a-kind Alaskan vacation!

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

Interior

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

Building

Lot Description Gently Rolling,Level,Sloping,Other - See Remarks

Foundation None

New Construction No

Schools

Elementary Schools Btv-Undiscl By Ll

Middle Schools Btv-Undiscl By Ll

High Schools Btv-Undiscl By Ll

Others

Acceptable Financing Cash,See Remarks

Listing Terms Cash,See Remarks

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