$1,450,000
$150K PRICE DROP

4530 Kachemak Dr Homer, AK 99603

Estimated payment $9,459/month

Total Views 6,823
7 Beds
2.5 Baths
3,914 Sq Ft
$370 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • 2.84 Acre Lot
  • Homer Middle School Rated A-
  • Waterfront
  • Wood Flooring

About This Home

Discover Homer's ultimate coastal retreat--a rare opportunity to own two successful Airbnb properties perched on a bluff with breathtaking panoramic views of Kachemak Bay, glaciers, and the rugged Alaskan coastline. This turnkey investment offers both luxury living and exceptional income potential.Located in the scenic beauty of Homer, Alaska, 4530 Kachemak Drive presents a unique investment opportunity featuring two thoughtfully renovated homes. With a perfect balance of comfort, functionality, and modern updates, this property is ideal for those seeking move-in-ready living in a highly desirable location.

Main House:
Service elevator available for convenient transport of heavy items.
New Foyer/Entryway (2021): A welcoming and functional transition from the outdoors.
Additional Bedroom (2021): Converted a space into a bedroom with an egress window for safety and natural light.
Modern Kitchen (2024): Fully updated with new high-end appliances, including an oven, refrigerator, and dishwasher.
Dual Laundry Setup (2023): Two sets of washers and dryers for added convenience.
Primary Bedroom Upgrade (2021): New flooring enhances comfort and style.

Cabin updates:
Electrical System Upgrade (2021): New panel installed and brought up to modern safety codes.
Laundry Room Addition (2021): The entryway was converted into a functional laundry space.
Complete Kitchen Renovation (2021): New appliances and contemporary finishes.
Expansive Trex Deck (2021): 20x12 ft deckperfect for outdoor relaxation and enjoying the breathtaking views.
Modern Bathroom Remodel (2022): Stylish fixtures and updated design.
Outdoor Enhancements (2021):
Dual Fire Pits: Ideal for gathering and enjoying Alaska's crisp evenings.
Historic Rope Fence: Crafted with authentic rope from the Homer Ferry, adding character and a touch of local history.
Gravel Parking Lot: Durable and spacious, providing ample parking.
Stone Pathway: A beautiful and functional addition to the landscape.
Firewood Shed: Convenient storage for year-round use. Natural Gas available.
These thoughtful renovations not only improve the property's comfort and functionality but also enhance its long-term value. Every upgrade reflects a commitment to quality, making this an outstanding opportunity in Homer's competitive real estate market.

Listing Agent

Sarah Beller

Sarah Beller Real Estate License #153199 Listed on: 02/12/2025

Sarah Beller Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007

Lot Details

  • 2.84 Acre Lot
  • Waterfront
  • Property fronts a private road

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space

Property Views

  • Ocean
  • Bay
  • Glacier
  • Unobstructed Views

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 3,914 Sq Ft Home
  • Fireplace
  • Fire and Smoke Detector
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Property has ocean access
  • Fire Pit
  • Shed

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Utilities

  • Radiant Heating System

Community Details

  • 2 Buildings
  • 2 Units
  • Built by William Johnston

Property Details

Home Type

Multi-Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.84
  • Road Frontage Type: Government, Private Road
  • Directions: In Homer, take East End Road to Kachemak Drive, Right on Kachemak Drive, property is approximately 1/2 mile past the boatyard on bluff side. Sign is posted.
  • Carport Y N: Yes
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Other - See Remarks
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Fire Pit
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Concrete, Hardwood
  • Living Area: 3914

Exterior Features

  • Lot Features: City Lot
  • Topography: Bluff,Level,Sloping
  • View: Bay, Glacier, Mountain(s), Ocean, Spit, Unobstructed
  • View: Yes
  • Waterfront Features: Bay Access, Ocean Access, Bay/Harbor, Ocean Front
  • Waterfront: Yes
  • Builder Name: William Johnston
  • Construction Type: Vinyl Siding, Wood Siding, Wood Frame - 2x6
  • Foundation Details: Concrete Perimeter, Slab
  • Other Structures: Shed(s)
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garaged Spaces: 1
  • Parking Features: No Carport, Attached
  • Total Parking Spaces: 10

Utilities

  • Laundry Features: Washer/Dryer HkUp
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Oil, Radiant, Radiant Floor, Wood, Wood Stove
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 123710.4
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR

Green Features

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 Price Changed $1,450,000 0.0% $370 / Sq Ft
04/19/2025 04/19/25 Price Changed $1,450,000 -9.4% $370 / Sq Ft
02/12/2025 02/12/25 For Sale $1,600,000 0.0% $409 / Sq Ft
02/12/2025 02/12/25 For Sale $1,600,000 +113.3% $409 / Sq Ft
11/02/2020 11/02/20 Sold -- -- --
09/10/2020 09/10/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $750,000 -- $276 / Sq Ft
Source: Alaska Multiple Listing Service

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Source: Alaska Multiple Listing Service

MLS Number: 25-1350

Alaska Multiple Listing Service

APN: 179-100-05