$1,450,000
Homer, AK 99603
MLS# 25-1350
7 beds | 4 baths | 3914 sqft

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Property Description
Discover Homer's ultimate coastal retreat—a rare opportunity to own two successful Airbnb properties perched on a bluff with breathtaking panoramic views of Kachemak Bay, glaciers, and the rugged Alaskan coastline. This turnkey investment offers both luxury living and exceptional income potential.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1450000
Date-Listing: 2025-02-12
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: T 6S R 13W SEC 14 Seward Meridian HM that portion of Govt L38 lying East of Kachemak Bay Drive
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 1
Bathrooms Three Quarter: 1
Bathrooms Full: 2
Bathrooms Total: 4
Bldgs-Ttl #: 2
Acres: 2.84
SF-Lot: 123710.4
Lot Area Source: Survey
Zoning: RR - Rural Residential
Garage Spaces: 6
Carport Spaces: 0
Prkg Spcs: 10
Beds: 7
Year Built: 2007
SF-Res: 3914
Number of Units: 2
Directions and Remarks
Directions: In Homer, take East End Road to Kachemak Drive, Right on Kachemak Drive, property is approximately 1/2 mile past the boatyard on bluff side. Sign is posted.
Multi-Family Type
Other - See Remarks: 1
To Show
ShowingTime: 1
Building Info
Builder Name & Co: William Johnston
Units-# of 3 BR: 1
Units- # of 4+ BR: 1
Listing Terms Financing
Cash: 1
Conventional: 1
Exterior Finish
Vinyl: 1
Wood: 1
Heating
Oil: 1
Radiant: 1
Radiant Floor: 1
Wood: 1
Wood Stove: 1
Topography
Bluff: 1
Level: 1
Sloping: 1
Roof Type
Asphalt: 1
Composition: 1
Shingle: 1
Construction Type
Wood Frame - 2x6: 1
Foundation Type
Poured Concrete: 1
Slab: 1
View Type
Bay: 1
Glacier: 1
Mountains: 1
Ocean: 1
Spit: 1
Unobstructed: 1
Wtrfrnt-Access Near
Bay: 1
Ocean: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
Bay/Harbor: 1
Oceanfront: 1
Carport Type
None: 1
Flooring
Carpet: 1
Hardwood: 1
Ceramic: 1
Concrete: 1
Sewer-Type
Public Sewer: 1
Water Source
Public: 1
Access Type
Government: 1
Private: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 15000
Features-MultiFamily
CO Detector(s): 1
Fire Pit: 1
In City Limits: 1
Shed: 1
Smoke Detector(s): 1
Washer/Dryer: 1
Washer/Dryer HkUp: 1
Docs Avl for Review
As-Built: 1
Docs Posted on MLS: 1
Survey: 1
Unit #1
Bath - Full: 2
Bath-Half: 1
Bedroom: 4
Unit #2
Bedroom: 3
Location Tax and Legal
Area: 490 - Homer
Street #: 4530
Street Name: Kachemak
Arterial: Drive
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Vinyl; Wood
Roof Type: Asphalt; Composition; Shingle
Foundation Type: Poured Concrete; Slab
Construction Type: Wood Frame - 2x6
Garage Type: Attached
Carport Type: None
Heating: Oil; Radiant; Radiant Floor; Wood; Wood Stove
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Government; Private; Maintained
View Type: Bay; Glacier; Mountains; Ocean; Spit; Unobstructed
Topography: Bluff; Level; Sloping
Wtrfrnt-Frontage: Bay/Harbor; Oceanfront
Wtrfrnt-Access Near: Bay; Ocean
Features-MultiFamily: CO Detector(s); Fire Pit; In City Limits; Shed; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp
Flooring: Carpet; Hardwood; Ceramic; Concrete
To Show: ShowingTime
Docs Avl for Review: As-Built; Docs Posted on MLS; Survey
Listing Terms Financing: Cash; Conventional
Supplements
Located in the scenic beauty of Homer, Alaska, 4530 Kachemak Drive presents a unique investment opportunity featuring two thoughtfully renovated homes. With a perfect balance of comfort, functionality, and modern updates, this property is ideal for those seeking move-in-ready living in a highly desirable location.
Main House:
Service elevator available for convenient transport of heavy items.
New Foyer/Entryway (2021): A welcoming and functional transition from the outdoors.
Additional Bedroom (2021): Converted a space into a bedroom with an egress window for safety and natural light.
Modern Kitchen (2024): Fully updated with new high-end appliances, including an oven, refrigerator, and dishwasher.
Dual Laundry Setup (2023): Two sets of washers and dryers for added convenience.
Primary Bedroom Upgrade (2021): New flooring enhances comfort and style.
Cabin updates:
Electrical System Upgrade (2021): New panel installed and brought up to modern safety codes.
Laundry Room Addition (2021): The entryway was converted into a functional laundry space.
Complete Kitchen Renovation (2021): New appliances and contemporary finishes.
Expansive Trex Deck (2021): 20x12 ft deckperfect for outdoor relaxation and enjoying the breathtaking views.
Modern Bathroom Remodel (2022): Stylish fixtures and updated design.
Outdoor Enhancements (2021):
Dual Fire Pits: Ideal for gathering and enjoying Alaska's crisp evenings.
Historic Rope Fence: Crafted with authentic rope from the Homer Ferry, adding character and a touch of local history.
Gravel Parking Lot: Durable and spacious, providing ample parking.
Stone Pathway: A beautiful and functional addition to the landscape.
Firewood Shed: Convenient storage for year-round use. Natural Gas available.
These thoughtful renovations not only improve the property's comfort and functionality but also enhance its long-term value. Every upgrade reflects a commitment to quality, making this an outstanding opportunity in Homer's competitive real estate market.
IDX
Listing Office: Sarah Beller Real Estate
Last Updated: November - 12 - 2025
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.
Building information