Estimated payment $1,935/month
Highlights
- Ocean View
- Property has ocean access
- 79.99 Acre Lot
- Homer Middle School Rated A-
- Property fronts an inlet
- Heavily Wooded Lot
About This Lot
Coal Cove, located 20+/- nautical miles southwest of Homer Spit, lies on the mainland just north of Passage Island. Spanning approximately 80+/- acres with nearly 1,500 feet of linear water frontage, this private holding is characterized by a dramatic landscape of towering spruce trees, estimated to be over 350 years old, and an elevated terrain that rises from the beach to 120 feet at Coal CovePoint. Like Passage Island, it offers exceptional opportunities for timber investment, private ownership, or the development of a secluded off-grid retreat. Historically, Passage Island was named in 1786 by Captain Portlock, who mistakenly believed it marked the entrance to a navigable strait. In the early 1900s, John Herbert established a fox farm on the island, later transitioning it into a mink ranch before its eventual closure, after which the island remained largely untouched.
Property Details
Property Type
- Land
Lot Details
- 79.99 Acre Lot
- Property fronts an inlet
- Waterfront
- Heavily Wooded Lot
Property Views
- Ocean
- Glacier
- Unobstructed Views
Outdoor Features
- Property has ocean access
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/11/2025 08/11/25 | Price Changed | $300,000 | -25.0% | -- |
05/19/2025 05/19/25 | For Sale | $400,000 | -- | -- |
Source: Alaska Multiple Listing Service
MLS Number: 25-5835

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