20935 Sterling Hwy
Listing Price
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Nearby Schools
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Ninilchik School
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This vacant lot in Ninilchik presents significant challenges for a conservative investor. With negative monthly cash flow and no existing structures to generate immediate income, the property serves strictly as a long-term speculative hold rather than an investment vehicle. The 6.12% yield appears theoretical or based on undeveloped land usage rather than actual performance, making it unreliable for cash flow modeling. Given the remote Alaskan location and the high carrying costs relative to income, the risk of capital erosion is substantial. Investors should be wary of the lack of liquidity and the high probability of unforeseen development expenses which could rapidly exceed the projected 4% annual appreciation.
- • Potential for long-term land appreciation in recreational Alaska corridors
- • Lower entry price point for land acquisition
- • Negative monthly cash flow indicates a liability-heavy asset
- • High market volatility and limited demand for vacant land in remote locations
- • Speculative appreciation projections lack support from historical local data
- • Significant potential for high development costs (utilities, site prep) in rural Alaska
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-27 | Price change | $150,000 | – |
| 2026-04-27 | Listed for sale | $200,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $585.6 | $60,000 |
| 2024 | $742.32 | $72,000 |
| 2023 | $649.44 | $60,300 |
| 2022 | $668.74 | $60,300 |
| 2021 | $658.22 | $58,300 |
| 2020 | $486.24 | $58,300 |
| 2019 | $486.24 | $74,400 |
| 2018 | $624.96 | $74,400 |
| 2017 | $624.96 | $74,400 |
| 2016 | $369 | $74,400 |
| 2015 | $369 | $74,400 |
| 2014 | $369 | $74,400 |
| 2013 | $0 | $74,400 |
| 2012 | $0 | $45,000 |
| 2011 | $0 | $45,000 |
| 2010 | $0 | $45,000 |
| 2009 | $0 | $45,000 |
| 2008 | $0 | $37,500 |
| 2007 | $0 | $37,500 |
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