Positioned on 9.09± acres along the highly traveled Old Sterling Highway, the Alaskan Land Development Opportunity presents a rare chance to acquire and complete a large-scale residential housing development in one of Alaska’s most supply-constrained markets. Designed to meet the increasing demand for workforce and affordable housing throughout the southern Kenai Peninsula, this partially completed project offers investors the chance to finish construction according to their own vision while creating a significant long-term income-producing asset.

The development consists of six duplex-style buildings totaling 12 residential units, each thoughtfully designed with three bedrooms, one oversized bathroom, a full kitchen, and comfortable living space. In addition, the property includes three separate bunkhouse-style buildings that, once completed, will accommodate up to 48 occupants, creating exceptional flexibility for employee housing, seasonal lodging, or short-term rental opportunities.

The campus was originally planned to support Alaska’s expanding workforce across industries including commercial fishing, oil and gas, construction, tourism, healthcare, and other seasonal employment sectors. As housing shortages continue throughout the region, investors have the opportunity to complete a project that addresses a growing market need while creating multiple revenue streams from one strategically located property.

With excellent highway frontage, private access, scalable infrastructure, and room for future growth, this development offers the foundation for a highly desirable housing investment in one of Alaska’s strongest rental markets.

Property Highlights

• 9.09± Acres
• Six Duplex Buildings
• 12 Residential Units
• 36 Total Bedrooms
• 12 Full Bathrooms
• Three Additional Bunkhouse Buildings
• Planned Capacity for 48 Bunkhouse Occupants
• Excellent Highway Visibility
• Private Access
• Multiple Income Opportunities
• Workforce Housing Potential
• Long-Term Rental Potential
• Employee Housing Opportunity
• Seasonal Lodging Potential
• Opportunity to Complete to Investor Specifications

Investment Opportunity

A Project Built for Multiple Revenue Streams

The Alaskan Land Development Opportunity was designed with flexibility in mind. Investors have the ability to complete the project as originally envisioned or tailor the remaining improvements to meet evolving market demands.

Potential uses include:

• Workforce Housing
• Long-Term Residential Rentals
• Seasonal Employee Housing
• Commercial Fishing Crews
• Construction Workforce Housing
• Oil & Gas Industry Housing
• Tourism Employee Lodging
• Corporate Housing
• Extended Stay Accommodations
• Government or Institutional Housing Contracts

With limited housing inventory throughout the region and continued economic activity across multiple industries, this project represents an opportunity to create a stable, income-producing asset with long-term appreciation potential.

About Anchor Point

Located on Alaska’s spectacular Kenai Peninsula, Anchor Point is the westernmost highway-accessible community in North America and serves as a gateway to some of the state’s most sought-after outdoor recreation. Conveniently situated between Homer and Soldotna along the Sterling Highway, the community offers residents and visitors easy access to world-class halibut and salmon fishing, hunting, hiking, wildlife viewing, and countless outdoor adventures.

Anchor Point continues to attract seasonal workers, retirees, outdoor enthusiasts, and families seeking the unmatched lifestyle Alaska provides. As tourism and commercial industries expand throughout the Kenai Peninsula, the need for quality housing continues to outpace available inventory, making well-positioned residential developments increasingly valuable to investors.

Why Invest in Alaska?

Alaska remains one of the nation’s most unique real estate investment markets, supported by abundant natural resources, a thriving tourism industry, commercial fishing, energy production, healthcare, government services, and year-round outdoor recreation. The Kenai Peninsula is recognized as one of Alaska’s premier destinations, welcoming visitors from around the world while supporting a diverse local economy.

Strong employment across multiple industries, continued population movement into regional communities, and a persistent shortage of available housing have created favorable conditions for residential investment. Projects capable of serving both permanent residents and seasonal workforce needs are well-positioned to benefit from long-term demand and income potential.

Build the Vision. Create Lasting Value.

Whether you’re expanding your real estate portfolio, seeking workforce housing opportunities, or looking to develop a large-scale residential investment in one of Alaska’s most desirable regions, Alaskan Land Development Opportunity offers the scale, location, and flexibility to create an exceptional income-producing asset.

Allison T. Paparoa #153198; Coastal Realty; J. P. King Auction Company, Inc.