$1,700,000
2727 Kachemak Drive
Homer, AK 99603
MLS# 26-2770
5 beds  |  4 baths  |  4898 sqft

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Property Description
Luxury Kachemak Bay Retreat with Proven Short-Term Rental Success Positioned on approximately 3 acres along scenic Kachemak Drive, this custom-built home captures unobstructed views of Kachemak Bay, the Homer Spit, and the surrounding mountain ranges from its elevated bluff setting--paired with the added benefit of a highly successful short-term rental. Spanning nearly 4,900 square feet,

Details
Maps
Documents
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 17936031
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Legal: Hodnik L3
Contract Info
Foreclosure/Bank Own: No
Price-List: 1700000
Date-Listing: 2026-03-23
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 1
Bathrooms Three Quarter: 2
Bathrooms Full: 1
Bathrooms Total: 4
Acres: 3.03
SF-Lot: 131986.8
Lot Area Source: Other
Year Updated: 2017
Zoning: UNK - Unknown
Garage Spaces: 2
SF-Gar: 862
Carport Spaces: 0
Beds: 5
SF-Res: 4898
Year Built: 2000
Remarks and Directions
Directions: Turn left on Kachemak Drive at the base of the Homer Spit. Approximately 1 mile on the Right hand side.
Residential Type
B & B in Operation: 1
B & B Potential: 1
Single Family Res: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Other: 1
Exterior Finish
Wood: 1
Heating
Natural Gas: 1
Radiant: 1
Radiant Floor: 1
Topography
Bluff: 1
Level: 1
Sloping: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
Foundation Type
Poured Concrete: 1
View Type
Bay: 1
Inlet: 1
Mountains: 1
Ocean: 1
Unobstructed: 1
Wtrfrnt-Access Near
Ocean: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
Oceanfront: 1
Carport Type
None: 1
Waterfront Details
Waterfront Name: Kachemak Bay
Floor Style
Tri-Level: 1
Features-Interior
Air Exchanger: 1
Basement: 1
BR/BA on Main Level: 1
Ceiling Fan(s): 1
CO Detector(s): 1
Den &/Or Office: 1
Electric: 1
Family Room: 1
Gas Fireplace: 1
Jetted Tub: 1
Pantry: 1
Smoke Detector(s): 1
Soaking Tub: 1
Telephone: 1
Vaulted Ceiling(s): 1
Washer &/Or Dryer Hookup: 1
Window Coverings: 1
Granite Counters: 1
Appliances
Range: 1
Microwave: 1
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Washer: 1
Water Heater: 1
Features-Additional
Deck/Patio: 1
Fire Service Area: 1
Garage Door Opener: 1
Greenhouse: 1
In City Limits: 1
Landscaping: 1
Lot-Bluff: 1
Private Yard: 1
Road Service Area: 1
View: 1
Shed: 1
Water Source
Public: 1
Access Type
Paved: 1
Dining Room Type
Formal: 1
Sewer Type
Public Sewer: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 2727
Street Name: Kachemak
Arterial: Drive
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B in Operation; B & B Potential; Single Family Res
Construction Type: Wood Frame
Exterior Finish: Wood
Roof Type: Metal
Foundation Type: Poured Concrete
Floor Style: Tri-Level
Garage Type: Attached
Carport Type: None
Heating: Natural Gas; Radiant; Radiant Floor
Sewer Type: Public Sewer
Water Source: Public
Dining Room Type: Formal
Features-Interior: Air Exchanger; Basement; BR/BA on Main Level; Ceiling Fan(s); CO Detector(s); Den &/Or Office; Electric; Family Room; Gas Fireplace; Jetted Tub; Pantry; Smoke Detector(s); Soaking Tub; Telephone; Vaulted Ceiling(s); Washer &/Or Dryer Hookup; Window Coverings; Granite Counters
Appliances: Range; Microwave; Refrigerator; Dishwasher; Disposal; Dryer; Washer; Water Heater
Features-Additional: Private Yard; Deck/Patio; Fire Service Area; Garage Door Opener; Greenhouse; In City Limits; Landscaping; Lot-Bluff; Road Service Area; Shed; View
Access Type: Paved
View Type: Bay; Inlet; Mountains; Ocean; Unobstructed
Topography: Bluff; Level; Sloping
Wtrfrnt-Frontage: Oceanfront
Wtrfrnt-Access Near: Ocean
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan; Other
Docs Avl for Review: Docs Posted on MLS
Supplements
the home features 5 bedrooms and 3.5 bathrooms, with a layout designed to comfortably accommodate large groups. Whether used as a private residence or guest retreat, the home is built for both comfort and connection. The main living area is centered around expansive windows that frame the bay and mountains, complemented by warm wood finishes, custom built-ins, and a gas fireplace. A spacious kitchen with a large island, ample cabinetry, and quality appliances flows seamlessly into the dining and living spaces--ideal for gathering and entertaining. Designed with the guest experience in mind, the home offers multiple areas to relax and unwind, including a large recreation and entertainment room complete with media space, pool table, and foosball area--perfect for evenings after a day of exploring Homer and the surrounding wilderness. The upper-level primary suite provides a private retreat, featuring vaulted ceilings, a gas fireplace, walk-through closet, and a spa-inspired bathroom with a jetted soaking tub. A private balcony offers sweeping views across the bay, creating a truly memorable setting. Each of the additional bedrooms is generously sized and well-appointed, allowing the home to comfortably host family, friends, or guests. The layout supports extended stays and group accommodations, making it especially well-suited for vacation use. Outdoor living is equally impressive, with covered porches for year-round enjoyment, mature landscaping, a greenhouse, garden area, and additional outbuildings. The property also offers private beach access and ample parking for multiple vehicles and recreational gear. Currently operating as an extremely successful short-term rental, the property already has 70+ days booked for the current year, demonstrating strong demand and continued income potential. Its size, location, and amenities make it highly desirable for vacation travelers, fishing groups, and destination stays. Located just minutes from the Homer Spit, harbor, dining, and local attractions, this property offers a rare combination of privacy, space, and accessibility in one of Alaska's most sought-after coastal settings. Wildlife, including moose, are commonly seen in the area, adding to the authentic Alaska experience.

IDX
Listing Office: Real Broker Alaska

Last Updated: March - 30 - 2026

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 the site owner are marked with 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. Site contains live data.