Historic Homer Landmark with Endless Possibilities Welcome to one of Homer's most iconic properties—formerly known as The Connelly House and now home to Wasabi Bistro. Perched on a breathtaking bluff, this remarkable location offers sweeping panoramic views of Kachemak Bay, the mountains, and beyond. Rich in local history and character, this versatile property could be for a variety of uses and ready to fulfill your visionwhether as a private family compound, a luxury lodge, a destination restaurant/lounge, or a distinctive coastal home. The main building retains its charming architectural elements while offering modern functionality, and the separate owner's quarters provide ideal on-site living or guest accommodations. With its legacy, location, and layout, this is a rare opportunity to own a piece of Homer history in one of the most scenic settings on the Kenai Peninsula.
Directions: From Homer Travel out East End Road approx 5 miles. Property is on the Right.
Architectural Style: Traditional
New Construction: No
Property Attached Yn: No
Year Built: 1972
Special Features: None
Property Sub Type: Detached
Interior Features
Appliances: Dishwasher, Refrigerator
Other Equipment: Smoke Detector(s)
Full Bathrooms: 1
Half Bathrooms: 2
Three Quarter Bathrooms: 1
Total Bedrooms: 3
Flooring: Tile
Interior Amenities: Basement, BR/BA on Main Level, Arctic Entry, Ceiling Fan(s), Vaulted Ceiling(s), Pantry, BR/BA Primary on Main Level
Exterior Features
Lot Features: Gently Rolling, Level, Fire Service Area, Road Service Area, Views, Parkside
View: Bay, Glacier, Unobstructed
View: Yes
Home Warranty: No
Construction Type: Wood Frame
Exterior Features: Storage
Foundation Details: Block, Concrete Perimeter
Patio And Porch Features: Deck
Roof: Asphalt, Composition, Shingle
Garage/Parking
Attached Garage: No
Parking Features: None
Utilities
Laundry Features: Washer &/Or Dryer Hookup
Sewer: Septic Tank
Utilities: Phone Connected, Electric
Schools
Elementary School: Paul Banks/Homer
High School: Homer
Middle Or Junior School: Homer
Lot Info
Lot Size Sq Ft: 74487.6
Zoning: UNZ - Not Zoned
Green Features
Multi Family
Tax Info
Tax Map Number: N/A
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$5,590
$737,800
$202,400
$535,400
2024
$5,590
$744,400
$193,100
$551,300
2023
$6,502
$820,900
$179,300
$641,600
2022
$6,952
$795,400
$179,300
$616,100
2021
$6,396
$740,700
$174,600
$566,100
2020
$6,723
$752,000
$174,600
$577,400
2019
$3,136
$784,000
$174,600
$609,400
2018
$6,396
$799,500
$174,600
$624,900
2017
$5,936
$761,000
$175,600
$585,400
2016
$4,406
$564,900
$50,000
$514,900
2015
$3,941
$585,000
$50,000
$535,000
2014
$3,941
$590,900
$50,000
$540,900
Source: Public Records
Property History
Date
Event
Price
List to Sale
Price per Sq Ft
07/07/202507/07/25
For Sale
$995,000
--
$134 / Sq Ft
Source: Alaska Multiple Listing Service
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
--
None Available
Warranty Deed
--
None Available
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
#LIVINGALASKA! She loves living in Alaska and she can help this dream come true for you too! She has filmed 5 episodes with HGTV Living Alaska with actual Buyers it is a Real Estate show that showcases our beautiful Cosmic Hamlet by The Sea fondly known as Homer Alaska! She was raised in a Real Estate Family! In 2004 she moved to Homer Alaska, got her Real Estate License, and went to work for selling and managing Real Estate in Homer Alaska. Beginning in Texas in 1996 she helped many first-time
Private Birch Grove Retreat with Bay Views Tucked away in a peaceful birch grove with sweeping views of Kachemak Bay, this custom-built home combines natural beauty with thoughtful, environmentally conscious design. From its quality construction to the many custom details throughout, this property offers a rare blend of comfort, craftsmanship, and privacy--all just minutes from downtown Homer.
Experience true waterfront living at High Tide Cottage, a stunning 3-bedroom, 3-bath home perched above Kachemak Bay with breathtaking views of the glacier, Homer Spit, and surrounding mountains. Wake each morning to unforgettable sunrises, watch eagles soar along the bluff, and enjoy the evening light illuminating the Spit like a spotlight at sunset. Located on one of Homer's most sought-after
Perched above the breathtaking shores of Kachemak Bay, this custom log cabin offers an inspiring retreat where creativity and relaxation come naturally. Whether you're dreaming of writing your next novel, painting with a view, or simply soaking in the ever-changing beauty of the bay, this property delivers an unforgettable setting. Built with quality from the ground up, the home features a steel
Brand-New Luxury Ranch Home Minutes from Downtown Homer Discover the perfect blend of luxury, comfort, and convenience in this stunning new construction ranch-style home, ideally located just minutes from downtown Homer. Nestled in a brand-new subdivision with effortless access to the scenic Calvin Coyle Trail, this property offers the best of serene living with proximity to all amenities. This
Perfect opportunity 2.62-acre parcel in the heart of Homer, ready for your vision! This cleared and cleaned-up property is a blank canvas, free from covenants or restrictions, offering endless potential. City services already available, you can easily bring your development dreams to life. Whether you're envisioning a multi-family residence or another type of development, this is a prime location
Perched to capture incredible panoramic views, this spacious 3-bedroom, 2.5-bath home offers comfort, space, and an inviting atmosphere from the moment you walk in. The thoughtfully designed layout flows effortlessly between the living, dining, and kitchen areas, creating the perfect setting for everyday living and entertaining alike. The open kitchen features miles of counter space, abundant
Artistry Meets Functionality - A True Alaskan Treasure Quality design, elegance, and master craftsmanship define this stunning 4-bedroom, 3-bath custom home set on 3 private acres overlooking the mountains and Kachemak Bay. From the sweeping curved staircase to the vaulted barrel ceiling, every detail showcases artistic flair and fine woodworking. Stone and tile accents add warmth and texture,
This established and well-reviewed property blends refined comfort, authentic Alaskan character,This established and well-reviewed property blends refined comfort, authentic Alaskan character and immersive spa experiences, creating a year-round draw for travelers and locals alike. A Proven Business with Multiple Revenue StreamsThe Homer Inn & Spa has earned a strong reputation as a serene
Own a true piece of Homer history. Formerly known as The Sterling Cafe, this iconic building has long been part of the local landscape and community story. Now offered for sale as building only, this is a rare opportunity to preserve and relocate a structure filled with character and nostalgic charm.The building is being sold as-is, where-is, with no real property included.Buyer is responsible
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X are marked with either the listing brokerage’s logo or 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
