Kenai Peninsula Borough AK Homes under $200,000

• 

  

  

  /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.

  

  Michelle Glaves

  Jack White Real Estate Soldotna

  (833) 365-6443

  

  2021 Wyatt Way, Kenai, AK 99611
• 

  

  

  /18

  $135,000

  • 1 Bed
  • 1 Bath

  Lot 342 Poachers Cove, Soldotna, AK 99669

  The Recreational property is in poachers cove which is only open from May 1st til September 30th of each year. Comes with 1991 26 foot Komfort Emerald 5th Wheel in really good shape. Built in Carport that covers the fifth wheel. Very Unique lot tucked away in the corner for privacy. Comes with both sheds for storage and comes with Golf Cart. Includes Launch Ramp privilege and boat lot storage.

  

  Randal Work

  Redoubt Keller Williams Realty Alaska Group

  (866) 587-9089

  

  Lot 342 Poachers Cove, Soldotna, AK 99669
• 

  

  

  /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.

  

  Gina Pelaia

  Berkshire Hathaway HomeServices Alaska Realty

  (833) 394-0935

  

  488 Cozy Cove Dr, Homer, AK 99603
• 

  

  

  /25

  $104,300

  • Land
  • 2.38 Acres
  • $43,824 per Acre

  36026 Birch, Soldotna, AK 99669

  Discover the charm of Alaskan living with this rare find, perched just 2 miles north of Soldotna. This prime parcel offers two lots and natural gas/electric utilities right at the property line, ensuring convenience for your building plans. Nestled on a gentle hill, this property has potential stunning views of the surrounding mountains.

  

  Lisa Roberts

  Realty ONE Group Aurora

  (844) 628-6179

  

  36026 Birch, Soldotna, AK 99669
• 

  

  

  /18

  $195,000

  • Land
  • 3.56 Acres
  • $54,775 per Acre

  L7 Danver St, Anchor Point, AK 99556

  Seller's have worked on this lot to make it easier for you to build on! Unbelievable views from this large lot! The Cook Inlet is the star. Enjoy amazing sunsets and Northern Lights shows while relaxing on your private oasis. There is beach access!!! Call for land loan information.

  

  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

  

  Gina Pelaia

  Berkshire Hathaway HomeServices Alaska Realty

  (866) 700-4598

  

  16120 Denali Ct, Ninilchik, AK 99639
• 

  

  /8

  $199,900

  • Land
  • 1.82 Acres
  • $109,835 per Acre

  L3 Erlwein Cir, Sterling, AK 99669

  LONGMERE LAKEFRONT! Partially cleared lot minutes from Soldotna. Approximately 145 ft of lakefront! Motorized recreational vehicles and airplanes access allowed on lake. Longmere is stocked yearly with Coho and Chinook Salmon! Build your dream home or recreational cabin!

  

  Michelle Glaves

  Jack White Real Estate Soldotna

  (855) 526-5120

  

  L3 Erlwein Cir, Sterling, AK 99669
• 

  

  /13

  $122,500

  • Land
  • 1.05 Acres
  • $116,667 per Acre

  580 Fireweed Ave, Homer, AK 99603

  Explore this prime 1.05-acre parcel in the city of Homer, ready for your vision! With drainage and a culvert already installed, the property is well-prepared for development. City water and electric are conveniently nearby, ensuring easy access to essential utilities. Whether you're looking to build your dream home or a serene getaway retreat, this land offers endless possibilities.

  

  Gina Pelaia

  Berkshire Hathaway HomeServices Alaska Realty

  (855) 249-8082

  

  580 Fireweed Ave, Homer, AK 99603
• 

  

  /19

  $120,000

  • Land
  • 0.92 Acre
  • $130,435 per Acre

  560 Fireweed Ave, Homer, AK 99603

  Discover this prime .92-acre parcel in Homer, ready for your vision! Featuring a driveway and large parking pad, it's perfect for accommodating your boat or RV. With drainage and a culvert already installed, the property is well-prepared for development. City water is conveniently nearby, electric onsite making this an ideal spot to build your dream home or getaway retreat. Don't miss out!

  

  Gina Pelaia

  Berkshire Hathaway HomeServices Alaska Realty

  (866) 575-4851

  

  560 Fireweed Ave, Homer, AK 99603
• 

  

  /29

  $185,000

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  13650 Wildrose Ln, Clam Gulch, AK 99568

  Meticulously maintained mobile home in Clam Gulch with an oversized metal roof structure, on a permanent foundation! The property has over 4.4 acres, a new 20-ft connex, and a new16x20 shed. Inside, there is a Toyo stove & a wood stove. The grounds are landscaped w/a large trail cleared around the entire acreage, a pond and a circle drive. SXS trail to Caribou Hills, hunting, berry picking & more

  

  Michelle Glaves

  Jack White Real Estate Soldotna

  (907) 398-9814

  

  13650 Wildrose Ln, Clam Gulch, AK 99568
• 

  

  /4

  $169,000

  • 1 Bath
  • 220 Sq Ft

  34647 Black Spruce Dr, Soldotna, AK 99669

  Over 2 acres with well, septic, power and even gas at end of driveway, plus 11' X 20' cabin with 10' X 16' wood deck. Cabin s set up and livable for seasonal use.

  Fred Braun Jack White Real Estate Kenai

  

  34647 Black Spruce Dr, Soldotna, AK 99669
• 

  

  /22

  $198,000

  • 1 Bed
  • 1 Bath
  • 1,024 Sq Ft

  63550 Jessica G Ct, Ninilchik, AK 99639

  Updated home w/ 2 lots for a total of 3.12 acres with a 4-bay pole barn to store boats. This home is perfect for buyers looking to put their personal touch on a property w/ significant upgrades already in place. New septic, new roof, fresh sheetrock, modern cabinets, butcher block counter, windows, and new fixtures. Sold as-is, a work in progress awaiting your vision to complete.

  Rebecca Curren Jack White Real Estate Soldotna

  

  63550 Jessica G Ct, Ninilchik, AK 99639
• 

  

  /52

  $195,000

  • 1 Bed
  • 1 Bath
  • 665 Sq Ft

  351 Shoreline Dr, Seldovia, AK 99663

  It's a genuine pleasure to introduce this captivating one-bedroom cottage, perfectly nestled in the vibrant heart of town. This isn't just a house--it's a haven, brimming with eclectic, cabiny charm that wraps you in warmth the moment you cross the threshold. Every corner of this place tells a story, blending rustic character with thoughtful details that make it feel like home.Step inside, and

  Jenny Chissus Seldovia Property

  

  351 Shoreline Dr, Seldovia, AK 99663
• 

  

  /50

  $175,000

  • 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
• 

  

  /22

  $199,900

  • 3 Beds
  • 1 Bath
  • 896 Sq Ft

  69290 Emily Ct, Anchor Point, AK 99556

  Heart of World Famous Fishing! This recreational property features two cabins with lovely decking around them. First cabin is 512 sq. feet with 1 bedroom and bathroom. The second cabin is 384 sq. ft. and features 2 bedrooms. There is over 400 sq. ft. of decking to sit out on after a day on the river or Inlet. There is a heated and insulated building that holds a washer& dryer,40 ft.

  Debbie Bagley Redoubt Keller Williams Realty Alaska Group

  

  69290 Emily Ct, Anchor Point, AK 99556
• 

  

  /24

  $169,000

  • 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 Keller Williams Realty Alaska Group

  

  30520 Bull Crossing Rd, Anchor Point, AK 99556
• 

  

  /10

  $187,000

  • 1 Bath
  • 364 Sq Ft

  12656 D Meadow Dr, Ninilchik, AK 99639

  A View as Big as the Outdoors! Relax and Enjoy Cook Inlet and Mountain Views! 1 Acre of land with Plenty of Room to Park an RV and Recreational Vehicles! Additional Gravel Pad Ready to Build Has Gorgeous View and Includes all Utilities Too! Live Here While Building Your Home or Shop! So Many Opportunities to make this Your Every Day Living or the Best Fishing Retreat on the Kenai Peninsula!

  Claire Kiesel Bay Realty

  

  12656 D Meadow Dr, Ninilchik, AK 99639
• 

  

  /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
• 

  

  /23

  $170,000

  • 1 Bed
  • 1 Bath
  • 880 Sq Ft

  69339 Alut Ave, Anchor Point, AK 99556

  Escape to the Alaskan lifestyle with this charming 1-bedroom cabin nestled on 4.62 acres just outside Anchor Point, perfectly positioned on the way to Homer. This property offers privacy, stunning natural surroundings, and the freedom to create your own retreat, with no CCRs to limit your vision.A spacious shop provides room for hobbies, storage, or workspace, making it ideal for those who need

  Sarah Beller Sarah Beller Real Estate

  

  69339 Alut Ave, Anchor Point, AK 99556
• 

  

  /6

  $110,000

  • Land
  • 0.30 Acre
  • $366,667 per Acre

  L45 Dahl Way, Homer, AK 99603

  Breathtaking views of Beluga Lake and surrounding mountains set the scene for this ready-to-build lot! With power, sewer, water, and a private driveway in place, plus an Army Corps determination complete, this property is a solid start for your new home or duplex. Conveniently located near town and schools--opportunity meets location here!

  Sarah Richardson Story Real Estate

  

  L45 Dahl Way, Homer, AK 99603
• 

  

  /7

  $125,000

  • Land
  • 9 Acres
  • $13,721 per Acre

  30307 Naomi St, Kalifornsky, AK 99669

  Nearly 10 Acres in Prime South Soldotna Location - No CCRs! Don't miss this rare opportunity to own nearly 10 acres in a highly desirable area of South Soldotna. Ideally situated between the world-famous Kenai River and Kasilof River, this property offers the best of Alaska's outdoor lifestyle just minutes from fishing, hiking, and town amenities. Electric and natural gas are nearby.making it

  Lyndy Wackler Redoubt Keller Williams Realty Alaska Group

  

  30307 Naomi St, Kalifornsky, AK 99669
• 

  

  /7

  $138,000

  • Land
  • 9 Acres
  • $15,148 per Acre

  30425 Naomi St, Kalifornsky, AK 99669

  Nearly 10 Acres in Prime South Soldotna Location - No CCRs!Don't miss this rare opportunity to own nearly 10 acres in a highly desirable area of South Soldotna. Ideally situated between the world-famous Kenai River and Kasilof River, this property offers the best of Alaska's outdoor lifestyle just minutes from fishing, hiking, and town amenities.Electric and natural gas are nearby,making it

  Lyndy Wackler Redoubt Keller Williams Realty Alaska Group

  

  30425 Naomi St, Kalifornsky, AK 99669
• 

  

  /40

  $200,000

  • Land
  • 4.73 Acres
  • $42,283 per Acre

  54533 Winchester Ave, Fritz Creek, AK 99603

  Unmatched Views, Unlimited Potential.Claim your piece of the East End with this breathtaking 4.73-acre property overlooking the head of Kachemak Bay. With jaw-dropping panoramic views, road access, and electric already on site, this parcel is ready for your dream build. Wake up to the sunrise over the water, watch eagles soar, and soak in the unmatched beauty of Alaska--all from your own.

  Hionia Kalugin Berkshire Hathaway HomeServices Alaska Realty

  

  54533 Winchester Ave, Fritz Creek, AK 99603
• 

  

  /5

  $148,000

  • Land
  • 1.45 Acres
  • $102,069 per Acre

  Lot 2 Lambeau Ct, Sterling, AK 99672

  Build your dream home on this beautiful, partially cleared lot with views of Hall Lake. Enjoy peaceful surroundings, year-round natural beauty, and easy access to utilities--electricity is adjacent, and natural gas is available at the edge of the property. Seller will be putting in the start of a driveway.

  Melissa Daugherty Century 21 Realty Solutions Freedom Branch

  

  Lot 2 Lambeau Ct, Sterling, AK 99672
• 

  

  /36

  $149,000

  • Land
  • 40 Acres
  • $3,725 per Acre

  67212 Homestead Rd, Ninilchik, AK 99639

  Rare find! 40 acres of dry land with a mix of young growth and well established trees. Drive less than 2 miles and your on the highway! Homestead road is not borough maintained in winter. Property was logged over 20 years ago to removed beetle kill and was also replanted with young spruce. Some areas of meadow and some areas of thicker trees. Perfect place to be at one with nature and the wild.

  Monica Zappa Mossy Oak Properties of Alaska - Ninilchik

  

  67212 Homestead Rd, Ninilchik, AK 99639
• 

  

  /18

  $150,000

  • Land
  • 1.10 Acres
  • $136,364 per Acre

  40758 Ruth Way, Diamond Ridge, AK 99603

  Beautiful lot just waiting for you to build your dream home! Wake up each day to sweeping views of Cook Inlet and the silhouettes of Iliamna and Redoubt. This private parcel offers a front-row seat to Alaska's most iconic scenery - volcanoes on the horizon, endless skies, and incredible sunsets that set the landscape aglow.Tucked away in peaceful seclusion, yet only a 15-minute drive from the

  Valerie Buss Kachemak Keller Williams Realty Alaska Group

  

  40758 Ruth Way, Diamond Ridge, AK 99603
• 

  

  /13

  $164,000

  • Land
  • 0.23 Acre
  • $713,043 per Acre

  450 Noview Ave, Homer, AK 99603

  Discover a rare opportunity in the heart of Homer! Situated on a 0.23-acre corner lot, this is an unbeatable location in one of Homer's most walkable neighborhoods. Enjoy the close proximity to parks, schools, shopping centers, and medical facilities.

  April Martin Berkshire Hathaway HomeServices Alaska Realty

  

  450 Noview Ave, Homer, AK 99603
• 

  

  /19

  $132,000

  • Land
  • 30 Acres
  • $4,430 per Acre

  51090 Pipeline Rd, Nikiski, AK 99611

  2 large parcels being sold together totaling 29 plus acres. Properties include driveway, a gravel pad, water well and a 20 yr old(but never used) septic-condition unknown. Large mature birch, cottonwood and spruce trees. Potential lake view from far corner. Old mobile home has no value. Power runs down the middle of the lots, see map in photos. These large parcels are perfect for your homestead.

  Camilla Bundy Redoubt Keller Williams Realty Alaska Group

  

  51090 Pipeline Rd, Nikiski, AK 99611
• 

  

  /41

  $140,000

  • Land
  • 5 Acres
  • $27,944 per Acre

  L3B2 Crooked Creek Rd, Kasilof, AK 99610

  Beautiful and Tranquil setting of 5 acres that backs up to Crooked Creek. This property is rich in Alaskan flora and fauna including several wild berries. Ground work done last summer with pad and driveway installed for your convenience. Perfect for your summer fish camp or turn into your full time paradise.

  Celisa Sedivy Mossy Oak Properties of Alaska - Ninilchik

  

  L3B2 Crooked Creek Rd, Kasilof, AK 99610
• 

  

  /22

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,248 Sq Ft

  1603 4th Ave, Kenai, AK 99611

  IMAGINE THE POSSIBILITIES. Bring this 1248sf home back to its glory days. This home sits on a .58 acre corner lot with City water and sewer. Being sold AS-IS. Water was seen in the basement by owner. Not sure on Roof condition or age. Bring your tools! Price is firm.

  Tiffany Coleman Century 21 Realty Solutions Freedom Branch

  

  1603 4th Ave, Kenai, AK 99611
• 

  

  /47

  $132,000

  • Land
  • 6 Acres
  • $22,719 per Acre

  23650 Lost St, Kasilof, AK 99610

  Build your dream home or cabin on over 5 acres in the heart of world class fishing and recreation. About half of this lot is wetlands teaming with wildlife and birds. Plant your garden and listen to the serine chirps of your new neighbors. Property has driveway, well, septic, electric, fire pit, shed, and wood shed. Bring your RV or premade cabin and your set! Home on property was burned.

  Monica Zappa Mossy Oak Properties of Alaska - Ninilchik

  

  23650 Lost St, Kasilof, AK 99610
• 

  

  /8

  $179,500

  • Land
  • 4.80 Acres
  • $37,396 per Acre

  4323 Main St, Homer, AK 99603

  Top of the world feel in the middle of town. Almost 5 acres with spectacular views just above South Peninsula Hospital main parking area. Several good building sites on level benches and total privacy behind. This would be an amazing custom single homesite or multi units or townhomes.. Adjacent to the Medical District Zoning and potential to rezone. All public utilities available on Bayview

  Angie Newby Homer Real Estate

  

  4323 Main St, Homer, AK 99603
• 

  

  /26

  $135,000

  • Land
  • 2.84 Acres
  • $47,535 per Acre

  36419 Pine St, Soldotna, AK 99669

  Welcome to a rare equestrian-ready property located in the desirable Silverado Estates. Sitting on 2.84 beautifully planted acres, this homestead offers everything a horse lover needs. A 25k sand arena, 30k fencing and a 952 sq ft barn built in 2021 provide ample space for training, boarding, and care. The land features paddocks, fencing, and direct water access to an adjacent pond.Utilities

  Febra Hensley Jack White Real Estate Soldotna

  

  36419 Pine St, Soldotna, AK 99669
• 

  

  /12

  $125,000

  • Land
  • 9 Acres
  • $14,172 per Acre

  Tract 2-B Funny River Rd, Soldotna, AK 99669

  Beautiful 8+ Acre Parcel Near the Kenai River No CCRs! This stunning 8.82-acre lot offers a rare opportunity to build in a peaceful, private setting just minutes from the famous Kenai River. The property features a mix of mature trees and open meadow, with excellent buildable terrain and ample space for a custom home, cabin, or recreational retreat.Enjoy the flexibility of no CCRs, giving

  Warren Allen Alaska 1st Realty, Inc.

  

  Tract 2-B Funny River Rd, Soldotna, AK 99669
• 

  

  /20

  $119,000

  • Land
  • 0.76 Acre
  • $156,579 per Acre

  49604 Kenai Spur Hwy, Nikiski/North Kenai, AK 99635

  Commercial Property - Driveway off the Kenai Spur Hwy and access off Coringa Ave. In the heart of oil and gas industry. Well, Power, Nat gas and Concrete slab with 3 block walls and additional (17.5' wide) footers that maybe usable to build living quarters on or storage units. Lots of gravel parking and highway exposure. Room in the back of the lot for more development. New 1hp well pump.

  Edward Oberts Redoubt Keller Williams Realty Alaska Group

  

  49604 Kenai Spur Hwy, Nikiski/North Kenai, AK 99635
• 

  

  /32

  $129,000

  • Land
  • 7 Acres
  • $18,169 per Acre

  48330 Miller Loop Rd, Nikiski, AK 99611

  Beautiful Large parcel fronting both paved Miller Loop and paved Island Lake Rd. Power runs along both sides of property. Natural gas adjacent. Mature trees and water view. Small pond at the back. Great investment potential. Drive by to check it out!

  Edward Oberts Redoubt Keller Williams Realty Alaska Group

  

  48330 Miller Loop Rd, Nikiski, AK 99611
• 

  

  /7

  $110,000

  • Land
  • 1.42 Acres
  • $77,465 per Acre

  24555 Constellation Rd, Kasilof, AK 99610

  Beautiful 1.42 acre lake lot in a serene setting, ready for your dream home or investment opportunity. This property offers the rare chance for lakefront living with gorgeous lake views and direct lake access.

  Lindsay Dolifka Redoubt Keller Williams Realty Alaska Group

  

  24555 Constellation Rd, Kasilof, AK 99610
• 

  

  /35

  $129,000

  • Land
  • 20 Acres
  • $6,450 per Acre

  65251 Clyde Thomas Ave, Anchor Point, AK 99556

  Discover 20 acres of beautiful, usable land at 65251 Clyde Thomas Avenue, offering privacy, space, and potential. A long gravel driveway winds into the property and opens up into a circular turnaround, making access easy for future development or recreational use.With potential views of the mountains and Cook Inlet, this parcel invites you to imagine your ideal homestead, getaway cabin, or

  Sarah Beller Sarah Beller Real Estate

  

  65251 Clyde Thomas Ave, Anchor Point, AK 99556
• 

  

  /11

  $149,000

  • Land
  • 6 Acres
  • $24,228 per Acre

  000 Misty Ridge Rd, Homer, AK 99603

  Over 6 Acres of Alaskan opportunity! This property has Meadow, Spruce and Alder. A little bit of everything. A spring originates on this lot and a small stream flows through the north side. This is prime moose habitat that borders public land. North border has Access to HEA.

  Charles Anderson Story Real Estate

  

  000 Misty Ridge Rd, Homer, AK 99603
• 

  

  /5

  $110,000

  • Land
  • 0.30 Acre
  • $366,667 per Acre

  L44 Dahl Way, Homer, AK 99603

  With picturesque Beluga Lake and mountain views, this build lot has a lot to offer! Conveniently situated near town and local schools, it is the perfect canvas for a new home or duplex! With an Army Corps determination already completed, this parcel is ready for you to start building!

  Sarah Richardson Story Real Estate

  

  L44 Dahl Way, Homer, AK 99603

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