Listing Courtesy of: 
Alaska Multiple Listing Service / Century 21 Realty Solutions / Mallory Musgrove / Morgan Musgrove
Alaska Multiple Listing Service / Century 21 Realty Solutions / Mallory Musgrove / Morgan Musgrove 37905 Hall Road Sterling, AK 99669
Active (5 Days)
$1,650,000 (USD)
Description
MLS #:
26-2956
26-2956
Lot Size
7.14 acres
7.14 acres
Type
Multifamily
Multifamily
Year Built
2000
2000
Views
Mountain(s)
Mountain(s)
County
Kenai Peninsula Borough
Kenai Peninsula Borough
Listed By
Mallory Musgrove, Century 21 Realty Solutions
Morgan Musgrove, Century 21 Realty Solutions
Morgan Musgrove, Century 21 Realty Solutions
Source
Alaska Multiple Listing Service
Last checked Apr 2 2026 at 3:40 AM GMT+0000
Alaska Multiple Listing Service
Last checked Apr 2 2026 at 3:40 AM GMT+0000
Bathroom Details
Property Features
- Foundation: Other
Flooring
- Tile
Exterior Features
- Roof: Asphalt
- Roof: Composition
- Roof: Shingle
Utility Information
- Sewer: Septic Tank
School Information
- Elementary School: Sterling
- Middle School: Skyview
- High School: Soldotna
Parking
- Total: 9
Living Area
- 4,456 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Realty Solutions and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: 
© 2026 DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Brokerage are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.Listing information was last updated on: 4/1/26 20:40
© 2026 DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Brokerage are marked with either the listing brokerages logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.Listing information was last updated on: 4/1/26 20:40
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.