$1,450,000
54532 Pheasant Avenue
Homer, AK 99603
MLS# 25-2208
10 beds  |  8 baths  |  5779 sqft


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untitledweb-36 untitledweb-34 untitledweb-31 untitledweb-33 untitledweb-14 untitledweb-19 untitledweb-13 Large cabin kitchen untitledweb-25 untitledweb-26 untitledweb-18 untitledweb-17 untitledweb-16 untitledweb-15 untitledweb-23 untitledweb-20 untitledweb-27 untitledweb-30 untitledweb-29 untitledweb-21 untitledweb-22 One of the duplex cabins

Property Description
Looking for an investment property with the idyllic Alaskan log homes? Four standalone private cabins that have been recently updated and remodeled. The perfect opportunity to get established and begin booking or renting before the busy season! Each unit has spectacular views of Kachemak Bay through giant windows, large decks for relaxing, & warm propane fireplaces & vaulted ceilings.

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: 17213339
School-Elementary: McNeil Canyon
School-Middle: Homer
School-High: Homer
Legal: Sunland Southview Amended L3
Contract Info
Foreclosure/Bank Own: No
Price-List: 1450000
Date-Listing: 2025-03-05
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 8
Bathrooms Total: 8
Acres: 2.17
SF-Lot: 94525
Lot Area Source: Tax Authority
Year Remodeled: 2023
Year Updated: 2023
Zoning: UNZ - Not Zoned
Garage Spaces: 0
Carport Spaces: 0
Beds: 10
SF-Res: 5779
Year Built: 1999
Remarks and Directions
Directions: 9.2 miles East End Road to Walters St. Right on Walters, first st to the right and is the first property on the right.
Residential Type
B & B Potential: 1
Listing Terms Financing
Cash: 1
Conventional: 1
FHA: 1
Exterior Finish
Log: 1
Heating
Forced Air: 1
Kerosene: 1
Oil: 1
Propane: 1
Topography
Gently Rolling: 1
Roof Type
Metal: 1
Construction Type
Log: 1
Foundation Type
Poured Concrete: 1
Unknown - BTV: 1
View Type
Bay: 1
Glacier: 1
Mountains: 1
Ocean: 1
Spit: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Luxury Vinyl: 1
Floor Style
Cabin: 1
Chalet/A-Frame: 1
Log: 1
Features-Interior
BR/BA on Main Level: 1
Washer &/Or Dryer Hookup: 1
Features-Additional
Covenant/Restriction: 1
Deck/Patio: 1
Road Service Area: 1
View: 1
Water Source
Hold Tank: 1
Well: 1
Access Type
Dedicated Road: 1
Gravel: 1
Maintained: 1
Dining Room Type
Area: 1
Sewer Type
Septic Tank: 1
Location Legal and School Info
Area: 492 - Kachemak City/Fritz Creek
Street #: 54532
Street Name: Pheasant
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B Potential
Construction Type: Log
Exterior Finish: Log
Roof Type: Metal
Foundation Type: Poured Concrete; Unknown - BTV
Floor Style: Cabin; Chalet/A-Frame; Log
Garage Type: None
Carport Type: None
Heating: Forced Air; Kerosene; Oil; Propane
Sewer Type: Septic Tank
Water Source: Hold Tank; Well
Dining Room Type: Area
Features-Interior: BR/BA on Main Level; Washer &/Or Dryer Hookup
Flooring: Luxury Vinyl
Features-Additional: Covenant/Restriction; Deck/Patio; Road Service Area; View
Access Type: Dedicated Road; Gravel; Maintained
View Type: Bay; Glacier; Mountains; Ocean; Spit
Topography: Gently Rolling
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Listing Terms Financing: Cash; Conventional; FHA
Supplements
The main lodge is perched at the top of the property and is a large 4-bedroom 2 bath home that has been beautifully updated and furnished. The three other buildings are duplex-style log chalets with one bedroom and one bath in each unit. Each unit features its own kitchen, and washer/dryer hookups. The larger cabin and two others are being sold furnished. This is a great opportunity to invest in Homer! Live in one unit, enjoy all the lower Kenai Peninsula has to offer while renting out the other three units. With a total of seven units this investment opportunity is ideal for both short term AND long term rentals

IDX
Listing Office: Kachemak Real Estate Group Real Broker

Last Updated: June - 26 - 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.