163

Kenai Peninsula Borough AK Homes under $200,000

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  • /16

    $155,000

    • Land
    • 8.65 Acres
    • $17,919 per Acre

    36130 Feuding Ln, Sterling, AK 99672

    Estate Sale, being sold AS-IS, WHERE-IS, AND HOW-IS. Has circular drive way, well, septic, Natural gas, and electric on the property. What you see is what you get. Priced to sell. Motivated Seller.

    Agent Photo

    Randal Work

    Redoubt Keller Williams Realty Alaska Group

    (833) 545-4863

    36130 Feuding Ln, Sterling, AK 99672
  • /4

    $175,000

    • Land
    • 10 Acres
    • $17,500 per Acre

    2021 Wyatt Way, Kenai, AK 99611

    10 ACRES IN CITY LIMITS! This property already has electric, a septic, and a well on site. It is off a city-maintained street just minutes from central Kenai. There is a partially cleared section to the front of the lot. Natural gas is adjacent to the property as well. Plenty of potential for development or other uses! The lot is zoned for General Commercial.

    Agent Photo

    Michelle Glaves

    Jack White Real Estate Soldotna

    (833) 365-6443

    2021 Wyatt Way, Kenai, AK 99611
  • /7

    $200,000

    • Land
    • 3.34 Acres
    • $59,880 per Acre

    488 Cozy Cove Dr, Homer, AK 99603

    Discover the perfect blend of privacy and convenience with this 3.34-acre parcel tucked into a beautiful, well-maintained subdivision. A 254-foot driveway leads you into the property, where a 40'x40' gravel pad is already in place, offering a great start for your future home or getaway. Surrounded by natural beauty, this spacious lot provides peace and seclusion you desire, minutes from town.

    Agent Photo

    Gina Pelaia

    Berkshire Hathaway HomeServices Alaska Realty

    (833) 394-0935

    488 Cozy Cove Dr, Homer, AK 99603
  • /18

    $165,000

    • Land
    • 3.56 Acres
    • $46,348 per Acre

    L7 Danver St, Anchor Point, AK 99556

    This 3.56-acre property offers breathtaking, unobstructed views of Cook Inlet and the dramatic, snow-capped volcanoes across the inlet. The parcel features a blend of open space and natural Alaskan vegetation, providing multiple options for designing your dream home or recreational getaway. With it's elevated vantage point, you'll enjoy spectacular sunsets and the serenity of Alaska's wild beauty

    Agent Photo

    Barbara Huntley

    Keller Williams Realty Alaska Group

    (844) 435-5827

    L7 Danver St, Anchor Point, AK 99556
  • /43

    $180,000

    • Land
    • 4.78 Acres
    • $37,657 per Acre

    16120 Denali Ct, Ninilchik, AK 99639

    Expansive Opportunity in Ninilchik!This versatile parcel sits just behind the highway frontage lot across from the Ninilchik Fairgrounds, offering incredible potential for development or investment. With easy access and the option to purchase alongside two adjacent parcels, this property provides a unique chance to own land stretching from the highway all the way to the bluff.Whether you're

    Agent Photo

    Gina Pelaia

    Berkshire Hathaway HomeServices Alaska Realty

    (866) 700-4598

    16120 Denali Ct, Ninilchik, AK 99639
  • /17

    $170,000

    • 1 Bed
    • 1.5 Baths
    • 1,412 Sq Ft

    15825 Bear Paw Rd, Ninilchik, AK 99639

    Motivated Seller! Beautiful location off Oil Well Rd. Conveniently, just a couple miles from the Sterling Hwy but tucked away in the trees and nature. Unfinished and still needing work, but has power, a wood stove, and running sinks and toilets. Brand new 10 bedroom septic. Perfect for a handyman to work on for a future home, or project for income!

    Kevin Lauver Century 21 Realty Solutions Freedom Branch

    15825 Bear Paw Rd, Ninilchik, AK 99639
  • /12

    $150,000

    • 1 Bed
    • 1 Bath
    • 400 Sq Ft

    52149 Christie Ave, Kenai, AK 99611

    Modern comfort meets Alaskan charm! This nearly new 400 sq ft, 1-bedroom home offers a cozy yet efficient layout with a full bath, brand-new septic, and city water. Built in the last year with R-38 insulation to keep you warm through the winter, this home is move-in ready. Just minutes from town, fishing, and breathtaking sunsets -- it's the perfect year-round retreat or weekend getaway! come see!

    Michelle Williams LPT Realty

    52149 Christie Ave, Kenai, AK 99611
  • /50

    $179,900

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft

    27262 Kalifornsky Beach Rd, Kasilof, AK 99610

    Attention investors and DIY enthusiasts! Multiple exit strategies: finish this remodel then either flip, rent or move in!

    Jared English Congress Realty, Inc

    27262 Kalifornsky Beach Rd, Kasilof, AK 99610
  • /13

    $179,000

    • 1 Bed
    • 1 Bath
    • 355 Sq Ft

    000 Milky Way, Nikiski/North Kenai, AK 99611

    NO Land, Cabin only to be moved, Authentic hand crafted log cabin size 17x22 with 5x22 front deck. Cabin is built very solid and rigid designed to be moved with ease, currently cabin has foundation flats to sit on sono tube or pilings. It can easily be modified to sit on slab or any other kind of foundation, seller is willing to make the modification. Cabin has electrical meter loop witha

    Jennifer Howell Jack White Real Estate Soldotna

    000 Milky Way, Nikiski/North Kenai, AK 99611
  • /23

    $175,000

    • 1 Bed
    • 1 Bath
    • 384 Sq Ft

    41252 Alan Dr, Homer, AK 99603

    Prime Homer Bench Location!Location, location, location, this project cabin sits in one of the most sought, after spots on the Homer bench. Just 7 minutes from downtown Homer, you'll enjoy easy access to world-class fishing, art galleries, dining, and more.Take in partial views of Kachemak Bay, the mountains, and glacier, and imagine the possibilities. Fix up the existing cabin for

    Amanda Miotke Story Real Estate

    41252 Alan Dr, Homer, AK 99603
  • /37

    $199,900

    • 1 Bed
    • 1 Bath
    • 473 Sq Ft

    30499 Arc Loop Rd, Kalifornsky, AK 99669

    (3) Cabins centrally located between Soldotna and Kasilof. One is complete, two others are works in progress and need TLC. Main cabin is currently being used as year round residence. Perfect summer home near fishing! New well pump and casing@ 12 gpm. Metal roof, Toyo stove, iron filter, butcher block counters; DEC septic; View of mountains on a clear day. Income potential. Property sold As-is

    Jeff Trujillo Mossy Oak Properties of Alaska - Soldotna

    30499 Arc Loop Rd, Kalifornsky, AK 99669
  • /50

    $160,000

    • 1 Bath
    • 456 Sq Ft

    63760 Elizabeth Ave, Ninilchik, AK 99639

    2 Beautiful lots totaling 3.9 acres of a park like setting with Privacy! Open the door to your 2 story unfinished Tiny Home & you will find that comes with everything to finish it. Walk in through the Kitchenette & find a tucked away 3/4 bathroom under the stairs. Upstairs is one room with a window on every wall allowing for lots of natural light & perfect for viewing the surrounding grounds

    Celisa Sedivy Mossy Oak Properties of Alaska - Ninilchik

    63760 Elizabeth Ave, Ninilchik, AK 99639
  • /24

    $159,900

    • 1 Bed
    • 512 Sq Ft

    30520 Bull Crossing Rd, Anchor Point, AK 99556

    Completed in April 2025, this brand-new 16x32 dry cabin sits on 13.07 private acres, surrounded by birch and spruce trees, wild berries, and abundant wildlife. With 9-foot ceilings and a solid treated post foundation, the cabin features locally milled spruce board and batten siding, burned and oiled for lasting durability, and is topped with a rugged metal roof built to withstand the

    Becky Turkington Kachemak Real Estate Group Real Broker

    30520 Bull Crossing Rd, Anchor Point, AK 99556
  • /46

    $165,000

    • 2 Beds
    • 1 Bath
    • 970 Sq Ft

    34638 Steele Rd, Soldotna, AK 99669

    Incredible sunrises and views of Browns Lake and the Kenai Mountains. This cabin is off to one side, to allow future construction of your dream home. Septic system and well in, power to both the cabin and the build site. Wildlife everywhere. Super quiet spot for rest and relaxation! Furnished with what you need, including a freezer and a fish sealer! Owner finance with half down on approval.

    Kevin Lauver Century 21 Realty Solutions Freedom Branch

    34638 Steele Rd, Soldotna, AK 99669
  • /21

    $160,000 New Construction

    • 3 Beds
    • 1,024 Sq Ft

    27200 Birdwatch St, Happy Valley, AK 99556

    Perfect for a summer getaway or year-round living, this 28.5 acre parcel has all the fixin's for a comfy off-grid homestead. The cabin is dried in and powered by the generator, with solar panels and backup batteries ready to be installed. The 12x36 shop is wired and ready for your projects. The 8' wide trails make iteasy to get to all the wild berries and are are made with gravel from your very

    Debbie Fanatia Kachemak Real Estate Group Real Broker

    27200 Birdwatch St, Happy Valley, AK 99556
  • /31

    $154,500 New Construction

    • 2 Beds
    • 0.5 Baths
    • 720 Sq Ft

    36916 York Dr, Soldotna, AK 99669

    Rustic 2-Acre Retreat with Pond, Chicken Coop & Blaze King Wood StoveTucked away on just over 2 peaceful acres, this charming 2-bedroom, 1-bathroom home is ready for your self-sufficient lifestyle. Cozy up with the warmth of a Blaze King wood stove, draw fresh water from your private well, and enjoy the simplicity of life with a septic system already in place.The land features a pond thatattracts

    Michelle Williams LPT Realty

    36916 York Dr, Soldotna, AK 99669
  • /24

    $150,000 New Construction

    • 2 Beds
    • 768 Sq Ft

    70859 Tall Tree Ave, Anchor Point, AK 99556

    TWO brand new cabins for a rental investment or fish camp with your buddies. Both 12x16 cabins are 2x6 construction with a 4-foot porch. One cabin divided in two sections with tongue and grove celling with loft for sleeping or storage. Other cabin has king bed and kitchenette. Deluxe outhouse too! Healthy trees and plenty of room to build your dream home so close to the ocean.

    Monica Zappa Mossy Oak Properties of Alaska - Ninilchik

    70859 Tall Tree Ave, Anchor Point, AK 99556
  • /19

    $135,000

    • Land
    • 1.67 Acres
    • $80,838 per Acre

    32788 Tulip Cir, Funny River, AK 99669

    Beautiful building lot in Soldotna, just a few miles past the Soldotna Airport, up Funny River Rd. 1.67 acre parcel that's boarded by more than 350 acres of Fish & Wildlife land, adjacent to the world-famous Kenai River. Gravel driveway already on site with culverts installed at both entrances. Natural gas & electric at lot. Borough maintained Rd.

    Kinzee Kubek Alaska Real Estate Network LLC

    32788 Tulip Cir, Funny River, AK 99669
  • /37

    $190,000

    • 2 Beds
    • 1.5 Baths
    • 1,185 Sq Ft

    46875 Merganser Ave, Kenai, AK 99611

    NO CCR'S! Mechanics Dream-2 bed 1.5 bath mobile home and lean- to with a practical 1 car garage all under a metal roof and a HUGE SHOP complete with garage pit. Located on nearly one acre off Ceichanski. Being sold AS-IS.

    Melanie Leete Elite Real Estate Group Soldotna Branch

    46875 Merganser Ave, Kenai, AK 99611
  • /5

    $169,000

    • Land
    • 0.46 Acre
    • $367,391 per Acre

    4570 Craftsman Rd, Homer, AK 99603

    Welcome to the top-notch views of Lot 18 in the Stream HIll Park subdivision! Just 1 mile from the heart of Homer and still within city limits- you have water and sewer already + electric and natural gas adjacent and ready to work for you. Additionally, there is a driveway easement already in place from the panhandle lot below, making access a breeze. All it needs is you & your dream!Make sure to

    Ana Reid Story Real Estate

    4570 Craftsman Rd, Homer, AK 99603
  • /17

    $115,000

    • Land
    • 2.26 Acres
    • $50,885 per Acre

    56420 Glenn Rd, Fritz Creek, AK 99603

    Discover the potential of this pristine 2.26-acre parcel perfectly situated at the corner of Glenn Road and East End Road. Nestled midway between Homer and McNeil Canyon, this property offers the ideal blend of convenience and tranquility. Enjoy easy access to town amenities, schools, and shopping while being just minutes from the outdoor recreation and solitude that make Alaska living

    Hionia Kalugin Berkshire Hathaway HomeServices Alaska Realty

    56420 Glenn Rd, Fritz Creek, AK 99603
  • /28

    $119,900

    • 1 Bed
    • 1 Bath
    • 480 Sq Ft

    52176 Merrill Ave, Kenai, AK 99611

    Seller Financing Available! This fully renovated 1-bedroom, 1-bath cabin offers 480 sq ft of living space plus a 168 sq ft loft (not included in square footage). Recent updates include a new kitchen with appliances, bathroom, flooring, and fresh paint throughout. The property is partially fenced--one side has been taken down, but the fence panels remain onsite and can easily be

    Rick Davids Sun Properties, LLC

    52176 Merrill Ave, Kenai, AK 99611
  • /28

    $109,900

    • 400 Sq Ft

    000 Shelford Ave, Ninilchik, AK 99639

    Escape to your perfect Alaskan retreat, just a mile from the road! Snowmobile in during the winter or access by ATV or 4x4 in the summer. Nestled in a beautifully wooded 9.03 acre lot with stunning mountain views, this off-grid cabin is ready for your finishing touches. It comes turn-key, with all furniture, cookware, and linens included.

    Danielle Chihuly Mossy Oak Properties of Alaska - Soldotna

    000 Shelford Ave, Ninilchik, AK 99639
  • /5

    $150,000

    • Land
    • 1.49 Acres
    • $100,671 per Acre

    31940 Maxwell Ct, Seward, AK 99664

    RARE opportunity to own this beautiful lot with access to a pond on 1.49 acres! A hidden gem perfect for a dream home or investment property.

    Jodi Toloff Marathon Trust Real Estate

    31940 Maxwell Ct, Seward, AK 99664
  • /5

    $100,000

    • Land
    • 0.92 Acre
    • $108,696 per Acre

    L5A-3 Maximilian Dr, Bear Creek, AK 99664

    RARE opportunity to own this beautiful lot with a view of a pond on .92 acre! The property is located in a nice, residential neighborhood. A hidden gem perfect for a dream home or investment property.

    Jodi Toloff Marathon Trust Real Estate

    L5A-3 Maximilian Dr, Bear Creek, AK 99664
  • /11

    $134,000

    • Land
    • 0.68 Acre
    • $197,059 per Acre

    4410 E Hill Rd, Homer, AK 99603

    Prime residential office zoned lot with all utilities. High visibility location with convenient access by shared driveway. Call or email for drone video link.

    Ian Reid Story Real Estate

    4410 E Hill Rd, Homer, AK 99603
  • /21

    $175,000

    • Land
    • 15.76 Acres
    • $11,104 per Acre

    52412 Treasure Chest Ave, Nikiski/North Kenai, AK 99611

    15.76 acres in North Kenai! Former gravel pit, now naturally reclaimed with a small pond. Just 10 minutes from Kenai. Natural gas and electric adjacent to lot. A perfect private homesite, hobby farm, or recreational retreat with room to create your dream property. Privacy and convenience all in one!

    Glenda Feeken RE/MAX of The Peninsula

    52412 Treasure Chest Ave, Nikiski/North Kenai, AK 99611
  • /9

    $175,000

    • Land
    • 1.71 Acres
    • $102,339 per Acre

    Lot 6 Dahlia Cir, Soldotna, AK 99669

    Beautiful new subdivision with underground utilities. Single Family and Duplex allowedVIEWS OF SOLDOTNA CREEK AND KENAI RANGE

    Michael McLane Jack White Real Estate

    Lot 6 Dahlia Cir, Soldotna, AK 99669
  • /12

    $180,000

    • Land
    • 6 Acres
    • $30,000 per Acre

    L5-10 Shegota Loop, Happy Valley, AK 99639

    Six lots on Shegota Loop give you the chance to build your Alaska retreat. Each parcel is level with a mix of trees and meadow, most free of wetlands. Maintained road access year-round and nearby power add convenience. Just south of Ninilchik, minutes from Cook Inlet and world-class fishing.Each lot has its own personality: some with more trees for privacy, some with open meadow for sun, and one

    Sarah Richardson Story Real Estate

    L5-10 Shegota Loop, Happy Valley, AK 99639
  • /15

    $140,000

    • Land
    • 8.83 Acres
    • $15,855 per Acre

    35571 Funny River Rd, Soldotna, AK 99669

    8.83 acres of beautiful buildable land only 20 minutes from town. With no CCRs or HOA restrictions, this property offers freedom for a custom dream home, commercial venture, or investment project. Possible subdividing adds value and versatility, giving developers and buyers multiple options. Enjoy privacy, flexibility, and convenience with plenty of space to create exactly what you envision.

    Jessica Romero Elite Real Estate Group Soldotna Branch

    35571 Funny River Rd, Soldotna, AK 99669
  • /8

    $150,000

    • Land
    • 4.68 Acres
    • $32,051 per Acre

    51402 Equestrian Ave, Kalifornsky, AK 99611

    Build your dream home on this 4.68 acre lot with a year round state maintained road! Power & Natural Gas is adjacent. Rare change to have 4.68 acres! Invest in yourself today! There are plenty of land loan options at most banks.

    Katie Uei EXP Realty, LLC

    51402 Equestrian Ave, Kalifornsky, AK 99611
  • /16

    $200,000

    • Land
    • 5 Acres
    • $40,000 per Acre

    Tract 5 Tice Acres Sub, Homer, AK 99603

    ''If this isn't heaven, it's halfway there - you can feel it in the air''. It's debatable if Rodney Atkins (the singer of the song in which the quote was derived) has been to Alaska, or if he knows anything about the views on the Kenai Peninsula - but he sure described it well.This 5 acre lot is in renowned Homer, Alaska - a place that's known as the "Halibut Fishing Capital of the World",

    Audrey Bellows Jack White Real Estate Soldotna

    Tract 5 Tice Acres Sub, Homer, AK 99603
  • /11

    $135,000

    • 1 Bath
    • 485 Sq Ft

    34395 Needles Ave, Soldotna, AK 99669

    Welcome to your Alaskan retreat! This 1.05-acre flat lot in Soldotna features a charming studio-style cabin and endless potential. Whether you're dreaming of a homestead, seasonal getaway, or recreational basecamp, this property offers the perfect blend of comfort and adventure. Just a couple miles from the Kenai River and nearby lakes, you'll enjoy world-class fishing, boating, and

    Yvan Corbin Real Broker Alaska

    34395 Needles Ave, Soldotna, AK 99669
  • /6

    $130,000

    • 3 Beds
    • 1 Bath
    • 672 Sq Ft

    50465 Newberry Ave, Kenai, AK 99611

    This 1-acre property in a peaceful setting offers incredible potential for the right buyer. Featuring a large, 480 sq ft detached shop, great for storage or a workshop, this level lot provides ample space for your future plans. Whether you're looking to build your future home or invest in a property with potential, this might be an affordable starting point.While the residential structure on the

    Matthew Ficek Better Homes and Gardens Real Estate Dream Makers

    50465 Newberry Ave, Kenai, AK 99611
  • /3

    $115,000

    • Land
    • 0.23 Acre
    • $500,000 per Acre

    435 Soundview Ave, Homer, AK 99603

    Treed Lot in Downtown Homer near the Hospital with Urban Residential Zoning. Many Options for Developing the Lot into a single-family home, multi-family dwellings or offices. Utilities are Nearby and all assessment are paid. Make your Move to Soundview! The adjoining lot is also available MLS# 25-11552.

    Jill Gunnerson Bay Realty

    435 Soundview Ave, Homer, AK 99603
  • /4

    $115,000

    • Land
    • 0.23 Acre
    • $500,000 per Acre

    421 Soundview Ave, Homer, AK 99603

    Treed Lot in Downtown Homer near the Hospital with Urban Residential Zoning. Many options for Developing the Lot into a single-family home, multi-family dwellings or offices. Utilities are Nearby and all assessment are paid. Make your Move to Soundview! The adjoining lot is also available MLS# 25-11554.

    Jill Gunnerson Bay Realty

    421 Soundview Ave, Homer, AK 99603
  • /21

    $105,000

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    73549 Breakaway Rd, Anchor Point, AK 99556

    This 2 bed, 1 bath cabin in the gated Silver King RV Park offers more than just a place to live, it's a lifestyle. Located just across the road from the Anchor River and only minutes down the street to the beach and boat launch, this spot is a dream basecamp for fishing and endless adventures. Plus, you're only minutes from town. A water tank is plumbed in and included, and there's acomposting

    Mcki Needham Kachemak Real Estate Group Real Broker

    73549 Breakaway Rd, Anchor Point, AK 99556
  • /8

    $125,000

    • Land
    • 0.43 Acre
    • $290,698 per Acre

    000 Lake St, Homer, AK 99603

    Tucked into a quiet neighborhood near the ocean, this flat wooded lot offers the perfect canvas for your vision. Build a duplex, multi-family dwelling, or home business in a prime location close to town with easy access to the Spit and Ocean Drive. Convenient yet private, this covenant-free property combines a lovely natural setting with opportunity galore!

    Sarah Richardson Story Real Estate

    000 Lake St, Homer, AK 99603
  • /11

    $139,000

    • Land
    • 2 Acres
    • $69,500 per Acre

    40285 Sterling Hwy, Homer, AK 99603

    VOLCANO VIEWS Just 8 easy miles out of Homer this 2 acre property is ready to build! Well, natural gas and electric already on sight with gravel pad and circle driveway off the highway. Backing up against 120 acres of native land for the ultimate backyard.

    Monica Zappa Mossy Oak Properties of Alaska - Ninilchik

    40285 Sterling Hwy, Homer, AK 99603
  • /9

    $105,000

    • Land
    • 0.34 Acre
    • $308,824 per Acre

    3884 Forest Glen Dr, Homer, AK 99603

    This ready to build lot offers the perfect blend of convenience, views, and potential. Set on a flat parcel, you'll enjoy views of Kachemak Bay and the surrounding mountains.Located just minutes from town, you're close to grocery stores, schools, the hospital, beach, trail systems, and more making everyday living easy while still in a beautiful setting.All the utilities are right at the lotline:

    Sharon Needham Kachemak Real Estate Group Real Broker

    3884 Forest Glen Dr, Homer, AK 99603

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