65449 Lingonberry Road, Ninilchik, AK 99639 - Kenai Peninsula Borough

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 ¾ 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!

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