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18465 Sterling Highway, 
Cooper Landing, AK 99572

$1,200,000


19

Beds


14

Baths


4,352

Sq Ft


Multi-Family

Active

Listed by

Gina Pelaia

Berkshire Hathaway HomeServices Alaska Realty

907-226-2226

Last updated:

April 15, 2026, 02:48 PM

MLS#

26-2280

Source:

AK AMLS

About This Home

18465 Sterling Highway

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.

Home Facts

Multi-Family

14 Baths

19 Bedrooms

Built in 1985

Price Summary

1,200,000

$275 per Sq. Ft.

MLS #:

26-2280

Last Updated:

April 15, 2026, 02:48 PM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

19

Bathrooms

Total Bathrooms:

14

Full Bathrooms:

14

Interior

Living Area:

4,352 Sq. Ft.


Structure

Structure

Building Area:

4,352 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

37,461


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$275 per Sq. Ft.

MLS Logo
The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated May 2, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.