Address
18166 Sterling Highway, Cooper Landing, AK
Price
$ 1,750,000
Property Attributes
  • MLS#268035
  • TypeSingle Family
  • Listing Status Pending
  • BoroughKENAI PENINSULA
  • CityCooper Landing
  • Area1B - Kenai Peninsula Borough
  • Neighborhood365 - Seward - Cooper Landing
  • Zip99572
  • Style
  • Year Built1973
  • Price$ 1,750,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3093
  • Lot Size1.32 Acres
Data Source:
Alaska MLS (AKMLS)
Property Description

Discover a rare opportunity to own an established riverfront lodging business in the heart of Cooper Landing, one of Alaska's premier recreation destinations. More than just a beautiful property, Cooper Landing Lodge offers a proven hospitality operation with multiple income streams, a loyal guest base, and significant recent capital improvements. The property features two successful vacation,,, rental cabins and a long-term rental apartment, providing diversified income and an average annual gross revenue of approximately $74,785 over the past five years. With peak summer occupancy between 70% and 90%, an established direct booking platform, and a history of repeat guests, the foundation is already in place for continued success. Over $255,000 has been invested in thoughtful upgrades and infrastructure, including extensive renovations to both cabins, new roofs, commercial-grade FLO EV charging stations, private river access improvements, professional riverbank restoration, and extensive landscaping. These investments enhance both the guest experience and long-term value while minimizing future capital expenses. Brown Bear Cabin has been extensively updated with a beautifully remodeled bathroom featuring a spacious walk-in shower, a custom fossilized wood sink, an additional half bath, updated finishes, and a new roof. Black Bear Cabin has been thoughtfully redesigned with an expanded bedroom, improved kitchen layout with dishwasher, enhanced bathroom privacy, a private river dock, and a new roof, creating a comfortable and inviting retreat for guests. Located along the world-famous Kenai River, guests enjoy easy access to world-class fishing, hiking, rafting, wildlife viewing, and countless outdoor adventures that draw visitors from around the world each year. For buyers looking to expand the business, opportunities exist to increase shoulder-season and winter occupancy, develop fishing and recreation packages, expand direct bookings, and explore the potential for additional guest accommodations. Whether you're seeking a profitable investment, a lifestyle business, or your own Alaska retreat with established income, Cooper Landing Lodge offers an exceptional combination of location, proven performance, and future potential. Property is being sold as-is. Seller is willing to entertain an owner finance option or long term lease.

Elementary School Middle School High School
Cooper Landing Elementary School Cooper Landing Middle School Cooper Landing High School
Price History
9/4/2026 Listed $1,750,000

General Features

Utilities Electric
Zoning UNK - Unknown
View Mountain(s),River,Unobstructed
Waterfront Features River Access
Property Type Residential
Status Pending
Directions Sterling Hwy to Cooper Landing.. Sign Posted on right side.
High School Cooper Landing
City Cooper Landing
Body of Water Kenai River
MLS Area 1B - Kenai Peninsula Borough
Lot Size Units Acres
Lot Size Square Feet 57499.2
Elementary School Cooper Landing
Middle/Junior High School Cooper Landing
MLS Area Minor 365 - Seward - Cooper Landing
Living Area Units Square Feet
Year Built 1973
New Construction false
Appliances Refrigerator
Construction Materials Wood Frame
Sewer Septic Tank
Roof Metal
Garage Spaces 2
Attached Garage false
Garage Y/N true
Full Baths 3
Property Attached Y/N false
Home Warranty Y/N false

Interior Features

Total Bedrooms 6
Total Baths 3
Interior Amenities Basement,BR/BA on Main Level
Fireplace Features EPA Certified Wood Stove
Fireplace Y/N true

Exterior Features

Lot Features Views
Lot Size Area 1.32
Lot Size Acres 1.32
Lot Size Source Other
Waterfront Y/N true
Road Frontage Type Dedicated Road
Parking Features Detached
Building Area Total 3093
Foundation Details Other
Total Parking 2
Covered Spaces 2
Exterior Amenities Private Yard,Dock
Other Equipment Smoke Detector(s)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 99572

Price
AVG $1.07M
$1.75M
Year Built
AVG 1994
1973