Request More Info
Schedule a Showing
Share
Print
|
Income opportunity with expansive views of Kachemak Bay and a prime in-town location. This versatile property features two separate structures, offering multiple options for rental income, owner occupancy, workspace, or multi-generational living. The main building includes a beautiful apartment with three bedrooms, three bathrooms, and a large tuck-under shop. The upper level offers two bedrooms, two bathrooms, and an incredible deck designed to take full advantage of the bay and mountain views. On the lower level, part of the garage has been thoughtfully converted into a bedroom/gym area and pantry, along with office space and a half bath. The second structure is an up/down duplex. The lower unit features two bedrooms, one and a half bathrooms, and in-unit laundry, while the upper unit offers two bedrooms, two bathrooms, laundry, and a bonus room that could serve as an office, guest space, or third bedroom. Located just steps from Kachemak Bay and connected to city utilities, this property offers flexibility, functionality, and outstanding investment potential in the heart of Homer.
Property Type(s):
Multi Family
| Last Updated | 6/19/2026 | Year Built | 2016 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough | Garage Spaces | 2.0 |
SCHOOLS
| Elementary School | Paul Banks/Homer |
|---|---|
| Jr. High School | Homer |
| High School | Homer |
Additional Details
| APPLIANCES | Washer/Dryer |
|---|---|
| AREA | 1B - Kenai Peninsula Borough |
| CONSTRUCTION | Frame, Metal Siding, Wood Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Natural Gas, Radiant, Radiant Floor, Wood, Wood Stove |
| INTERIOR | Vaulted Ceiling(s) |
| LOT | 0.33 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 14374.8 |
| PARKING | Attached, Heated Garage |
| SEWER | Public Sewer |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Mountain(s), Ocean |
| WATER | Public |
Listing Office: Kachemak Real Estate Group Real Broker
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 Petersburg Properties LLC 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
This IDX solution is (c) Diverse Solutions 2026.
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sarah Holmgrain to contact you even if your name is on a Federal or State "Do not call List". | |
Twitter
Facebook
Email