$1,450,000
Homer, AK 99603
MLS# 25-2210
10 beds | 8 baths | 5779 sqft
1 / 24
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
Contract Info
Foreclosure/Bank Own: No
Price-List: 1450000
Date-Listing: 2025-03-05
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: Sunland Southview Amended L3
School-Elementary: McNeil Canyon
School-Middle: Homer
School-High: Homer
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 8
Bathrooms Total: 8
Bldgs-Ttl #: 4
Acres: 2.17
SF-Lot: 94525
Lot Area Source: Tax Authority
Year Updated: 2023
Zoning: UNZ - Not Zoned
Garage Spaces: 0
Carport Spaces: 0
Prkg Spcs: 8
Beds: 10
Year Built: 1999
SF-Res: 5779
Number of Units: 4
Directions and Remarks
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.
Multi-Family Type
Four-Plex: 1
Other - See Remarks: 1
Listing Terms Financing
1031 Exchange: 1
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
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
Sewer-Type
Septic Tank: 1
Water Source
Private: 1
Well: 1
Features-MultiFamily
Washer/Dryer: 1
Location Tax and Legal
Area: 492 - Kachemak City/Fritz Creek
Street #: 54532
Street Name: Pheasant
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Multi-Family Type: Four-Plex; Other - See Remarks
Exterior Finish: Log
Roof Type: Metal
Foundation Type: Poured Concrete; Unknown - BTV
Construction Type: Log
Garage Type: None
Carport Type: None
Heating: Forced Air; Kerosene; Oil; Propane
Sewer-Type: Septic Tank
Water Source: Private; Well
View Type: Mountains; Ocean; Spit
Topography: Gently Rolling
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Features-MultiFamily: Washer/Dryer
Flooring: Luxury Vinyl
Listing Terms Financing: 1031 Exchange; 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.
Property Profile 
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.