For Sale
Multi family home for sale at 18465 Sterling Hwy, Cooper Landing, AK 99572 | MLS# 26-2280 | Listing updated on 2026-07-18
Photo 1 of Multi family home for sale at 18465 Sterling Hwy, Cooper Landing, AK 99572 | MLS# 26-2280 | Listing updated on 2026-07-18
Photo 2 of Multi family home for sale at 18465 Sterling Hwy, Cooper Landing, AK 99572 | MLS# 26-2280 | Listing updated on 2026-07-18
Photo 3 of Multi family home for sale at 18465 Sterling Hwy, Cooper Landing, AK 99572 | MLS# 26-2280 | Listing updated on 2026-07-18
Photo 4 of Multi family home for sale at 18465 Sterling Hwy, Cooper Landing, AK 99572 | MLS# 26-2280 | Listing updated on 2026-07-18
30+
Beds Icon

Street View

$1,200,000

Monthly Est:$5,973

  • Beds Icon19 Beds
  • Beds Icon
    14 Baths
  • Beds Icon4,352sqft

18465 Sterling Hwy, Cooper Landing, AK 99572

$5,973/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1985

  • $-- HOA

  • 37,461.6 sqft lot

  • $276/sq.ft

Description

The Alpine Inn - Cooper Landing, Alaska Rare turn-key hospitality opportunity in the heart of Cooper Landing, just steps from the world-famous Kenai River and surrounded by some of Alaska's best fishing and outdoor recreation. The Alpine Inn offers prime highway frontage and excellent visibility, making it an ideal investment for anyone looking to step into a thriving seasonal tourism business. The property features a 12-unit motel totaling over 4,300+ square feet, with each room equipped with a private bathroom and kitchenette, providing comfort and convenience for guests visiting the area for fishing, adventure, and sightseeing. Two additional apartments, 2-bdrm 1 full bath and 3Bdrm 1 full bath. The business currently operates April through October, capturing the peak tourism and fishing season.

Motel Unit Layout:
" Room 1 - Two Queens
" Room 2 - Queen & Twin
" Room 3 - Queen & Twin
" Room 4 - Queen & Twin
" Room 5 - King & Twin
" Room 6 - Queen
" Room 7 - Queen
" Room 8 - Queen & Twin
" Room 9 - Queen & Twin
" Room 10 - Queen & Twin
" Room 11 - Three Twins
" Room 12 - Queen & Twin

All motel units include hot water baseboard heat, internet access, and smart TVs, and the property is equipped with exterior security cameras.

A 2,100+ square foot retail/office building serves as the main check-in area and includes additional retail supplies available for purchase. Behind the office are two kitchens, five rooms with full beds, and two bathrooms, creating an excellent setup for staff housing or on-site owner living.

The grounds offer additional income potential and guest amenities, including green space along a nearby creek that has been used for seasonal tent camping or glamping rentals. The property also includes a Dry Red Cabin (nightly rental - negotiable) and a coffee cart, providing further opportunities to expand revenue.

Additional features include:
" Laundry facility located behind the motel
" Coffee shop structure currently used for storage
" Side parking area suitable for a 5th-wheel (current trailer negotiable)

This well-known Cooper Landing property offers multiple income streams, strong seasonal demand, and room for future growth, making it a unique opportunity to own a hospitality business in one of Alaska's most visited fishing destinations.

  • Houzeo last checked: 1 hour ago
  • Listing updated: July 18, 2026 at 1:11 am
  • Listing Provided by: Gina Pelaia (907) 399-6183 DRE #16355 | Berkshire Hathaway HomeServices Alaska Realty (907) 226-2226
  • Source: Alaska MLS-AK | MLS#: 26-2280 Alaska MLS-AK

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    --

  • City

    Cooper Landing

  • Neighborhood

    --

  • Year Built

    1985

  • HOA Fees

    -

  • Finished Area

    4,352 sqft

  • Lot Size

    37,461.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Alaska MLS

  • MLS Number

    26-2280

  • MLS Status

    Active

  • Days on Market

    227

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 19

    Bathrooms: 14

Interior

  • Flooring

    Carpet

  • Heating

    Baseboard, Forced Air, Oil, Propane

  • Sewer

    Septic Tank

Construction

  • Year Built

    Year Built: 1985

  • Home type

    Multi Family

  • Foundation Details

    Block

  • Construction Materials

    Block

  • Roof

    Metal

Utilities & Energy

  • Security Features

    Smoke Detector(s)

  • Water Source

    Private

Other Features

  • Lot Features

    Level

Price History

DateEventPrice

03/10/2026

Source: mls_logoAlaska MLS-AK #26-2276

Price Increased

$1,200,000 +20.60%

$276/sqft

01/30/2025

Source: mls_logoAlaska MLS-AK #25-936

Listed for Sale

$995,000

$229/sqft

01/30/2025

Source: mls_logoAlaska MLS-AK #25-934

Off Market

$995,000

$229/sqft

Based on information from Alaska MLS through Oct 23, 2026, 01:30PM but not compiled or published by Alaska MLS. Data maintained by Alaska MLS may not reflect all real estate activity in the market. Listing content is believed accurate but not guaranteed. 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 Congress Realty Inc. are marked with either the listing brokerage's 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. The information or data used in this publication is copyrighted by Alaska MLS 2024 and no portion may be reproduced, redistributed or retransmitted without the express permission of Alaska MLS. Further, Alaska MLS does not warrant the accuracy of the information or data contained herein.© 2026 Alaska Multiple Listing Service Inc. All rights reserved.

Advertising Broker: Jared Andrew English | Congress Realty, Inc