Active

65449 Lingonberry Road

Ninilchik AK, 99639

$495,000


$166.67 per sqft

Active

2,970 sqft

Commercial

Built in 1994

Listed by Danielle Chihuly with Mossy Oak Properties of Alaska - Soldotna

Income Producing Rental Property: Unlimited Possibilities! This property offers an excellent investment opportunity, providing multiple income streams through both short-term and long-term rentals. With three short-term rental cabins and two long-term rental units, it can accommodate various types of tenants throughout the year.The Cabins:

Bear & Wolf Cabins: These dry cabins each feature a kitchenette, sleeps 5-6 guests, and are 231 sq. ft. each.

Moose Cabin: This cabin has a full kitchen, a 3/4 bath, sleeps 6 guests, is 472 sq. ft., and includes a lean-to with freezer storage and covered porch.

Shared Wash House: A dual bathroom facility with laundry, 423.5 sq. ft., with an attached tool shed and loft storage.

Long-Term Rentals:

Double Wide: A 3-bedroom, 1-bathroom home with mountain views, 989 sq. ft..

Single Wide: A 2-bedroom, 1-bathroom unit with mountain views, 773.5 sq. ft..

Additional Features:

An insulated and powered 1,200 sq. ft. shop for storage or workspace.

A new 192 sq. ft. shed with a lean-to, prepped with power and water lines, ready for a fish cleaning station, freezer storage, or other uses.

Fish cleaning table and additional storage shed for equipment or supplies.

Additional water and sewer hookups ready for the construction of a new cabin.

5 full RV hookup spots for additional rental income.

Insulated and heated well house with a commercial well, ensuring a reliable water supply.

2 septic systems servicing the property.

Landscaped lawn that could be utilized for additional camp tent sites.

A community campfire area for guests to gather and enjoy the natural surroundings.

Seller financing is available with a 20% down payment at 7.5% interest, amortized over 30 years with a balloon payment in 5 years. The seller will also consider a reduced price for an all-cash offer.

With peekaboo views of Mt. Iliamna and Redoubt, this property offers an idyllic setting for guests while providing plenty of room to grow or expand. Whether you're looking to continue running it as a vacation rental, start a charter business, or use it for something entirely new, the options are truly limitless!

24-13468

MLS ID

October 21, 2024

Listed

December 11, 2024

Updated

Map

65449 Lingonberry Road
Ninilchik AK, 99639

Interior Features

Floor Description

Carpet, Linoleum, Luxury Vinyl


Fireplace

No


Cooling

No


Heating

Yes

Exterior/Building Features

Lot Size

2.17 Acres


Roof

Metal


Sewer

Septic Tank

Other Property Details

Area Name

1B - Kenai Peninsula Borough


Garage

No


Parking

On Site


View

Yes


View Description

Mountain(s), Partial


Water Source

Private, Well


Pool

No


Zoning

UNK

Listing History

Date

Event

Price

12/11/2024

Price change

$495,000

-10%

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 12/11/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 12/11/2024 at 3:57 AM UTC

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