Beautiful new construction in private area of the Kasilof River! Nearly 3 acre property w/234 ft of river frontage. Spend your summer days catching salmon on the fishing platform. Enjoy the evenings at the landscaped patio, fire pit & huge sauna. Would make a great lodge, business retreat or family resort. Main home w/3 bed and full bath in each. One bedroom apartment over garage with river view.
INVESTMENT OPPORTUNITY WITH MOUNTAIN & INLET VIEWS Positioned along Alaska's stunning coastline, this versatile 5-acre property offers multiple income streams and significant expansion potential. With year-round appeal, it's perfectly suited for investors looking to scale short-term rentals, long-term stays, or commercial operations. Currently operating as both monthly and nightly rentals and previously supporting commercial fishing. The property features three fully renovated and actively rented units, offering immediate cash flow. In addition, there are three dry cabins with strong upside potential; two are already income-producing, and the third is an ideal renovation opportunity for additional rental revenue. One of the primary renovated homes includes an expansive shop space that has and added comfortable living quarters, maximizing functionality and rentability across the property. Adding even more value, the property includes private drive-down access directly to the beach, a rare amenity that sets this location apart from typical oceanview lots and enhances both rental desirability and long-term investment potential. With 5 acres of land, multiple structures, rare ocean access, and endless development pathways, this property is an exceptional chance to secure a high-yield asset in a premier coastal location. Don't miss this opportunity. Call today to schedule a private showing.
AIR B&B Dream Location!! RARE opportunity to own 4.3 acres fronting Crooked Creek that's stocked w/Chinook salmon!! Imagine how many rentals you can put on this property. Close to public access to the Kasilof River & close to public access to Johnson Lake! Well on property & 384 sq ft cabin. No CC&R so run a lodge, VRBO, Air B&B or farm.
Lake front cabin with Mountain views. Build your dream home on the 1.6 acre lake lot while living in the cabin. Enjoy the large deck overlooking the the Lake in the summer and wood stove inside during the winter. Cabin needs leveled and water line installed from the well to the cabin. Encelewski Lake is a floatplane Lake that is stocked by F&G, Lot lines have been surveyed.
Prior to my life in Alaska, I viewed the Last Frontier as a place with inaccessible log cabins - all adorned with hunting trophies - from racks to fish, and everything in between. Little did I know that I'd go on to practice Real Estate and discover everything I knew was wrong. I'd like to jump right into the 617 ft of Sterling Highway frontage it has, but I need to tell you a little bit about the area, first. Sterling Highway is one of two highways on the Kenai Peninsula (Alaska's "Banana Belt") and stretches from the upper peninsula and continues to the city of Homer, known as the "end of the road" - although the actual highway ends as you approach the town itself. Kasilof, where this property is located, is at a solid mid point on the continuum that is Sterling Highway. A place where the glacial waters feed a fast flowing river that draws in thousands of fisherman and nature lovers, every summer. This property has a 5,879 sq ft LOG home right off of the highway - in fact, all lots combined total 617 feet of Sterling Highway frontage. As if that's not legendary enough, it comes with an additional FIVE lots - all property totaling over NINE acres. Imagine the empire you can build with the home on sight -- with the added potential of DOZENS more. Worried about no one finding the lodge -- or have the same misconceptions I did when I lived in Las Vegas, NV? NO WORRIES! This particular stretch of Sterling Highway is right by the River AND a Johnson Lake - a section of road that, in 2024, brought 5,320 DAILY travelers! This place has been a family home for decades and even served as a pillar for the community, as a local church! There's FIVE bedrooms, THREE bathrooms, TWO kitchens, multiple BONUS ROOMS, a loft, POLE BARN, circle driveway, and so much more! I'm about to say something akin to a 90's commercial: "...but wait, there's MORE!" The gravel on the property was all derived from the property itself! In my life prior to Alaska, I wouldn't have grasped the gravity of this situation - after all, there's contractors on every corner in Las Vegas. Here, resources are harder to find and are more expensive - making the gravel on site ideal for further land development! If you analyze the pricing of this lodge, and the surrounding land, you'll find that it's priced competitively and opens the opportunity for people outside (and inside) Alaska to invest in the opportunity that awaits at 59700 Sterling Highway. Sure, you can put some trophies on the walls, bringing to fruition my idea of Alaska, but this lodge is so much more than a place for adorning animals - it's a veritable investment in your future - and the future of others. Imagine the memories that this business endeavor will create.
Prime Kasilof River & Crooked Creek frontage! Rare fishing retreat & business opportunity on the famous ''Traps'' fishing hole, between ''Eagles Nest'' & ''People's Hole.'' Includes 1 finished cabin plus sites for 5 more (designs included), 12-bedroom septic, artesian well, power pole, 30'x50' shop, gravel RV parking pad, & potential for private boat launch. Fish from your own backyard or build a thriving guide business in one of Alaska's best salmon destinations!
Better hurry and grab this one! Alaska Summer's Lodge, just under 10 ACRES! Your guests will book year after year and call this their dream destination! Main house is a 5-bedroom 4 bath, 2,760 SF of living space. Large shop with gorgeous newly remodeled separate living space sporting open concept great room/kitchen with 4 private bedrooms and 2 bathrooms. 6 top quality cabins, inviting fire pit!

Kasilof is located in Alaska. Kasilof, Alaska has a population of 459. Kasilof is more family-centric than the surrounding county with 84.04% of the households containing married families with children. The county average for households married with children is 30.39%.
The median household income for the surrounding county is $70,609 compared to the national median of $69,021. The median age of people living in Kasilof is 43.4 years.
The average high temperature in July is 63.5 degrees, with an average low temperature in January of 7.5 degrees. The average rainfall is approximately 22 inches per year, with 72.2 inches of snow per year.