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Looking for an Alaska property with a heated shop? Your search may be over. This beautifully reimagined Diamond Ridge property combines a top-to-bottom renovation with clean, modern finishes and the craftsmanship of one of Homer's longest-established builders. Add exceptional workspace, privacy, and room to grow, and you've found a property that's truly in a class of its own. Whether you're a contractor, woodworker, mechanic, entrepreneur, hobby farmer, outdoor enthusiast, or simply someone who's outgrown a standard subdivision lot, this property gives you the space to build the lifestyle you've been looking for.The standout feature is the 1,500-square-foot heated shop, extensively updated in 2025 with a new concrete floor, metal roof, electrical, siding, a 16' x 12' overhead door, and its own separately metered natural gas and electric service. It's ready for equipment, recreational vehicles, fabrication, a small business, serious hobbies, or whatever your next chapter requires.The home itself has been almost completely reimagined. In 2022, nearly every major system and finish was replaced, including the kitchen, bathrooms, appliances, flooring, electrical, plumbing, insulation, drywall, trim, paint, roof, furnace, hot water heater, and water tank. The result is a warm, modern home where the heavy lifting has already been done.Inside, over 2,600 square feet of finished living space offers room for family and friends to gather. The spacious kitchen opens seamlessly into the dining and living areas, where a masonry wood-burning fireplace creates a natural place to unwind after a day outdoors. Upstairs, the nearly 800-square-foot primary suite offers a peaceful escape with its own private deck, mountain glimpses through the trees, generous walk-in closet, and spacious ensuite bath.Outside, mature spruce surround the property, creating the privacy that makes Diamond Ridge so desirable. Wraparound Trex decking extends your living space outdoors, while the attached two-car garage, oversized mudroom, and 1,643-square-foot unfinished basement provide even more flexibility for storage, expansion, or future customization.Properties that successfully combine a fully renovated home, an industrial-quality heated shop, privacy, and room to grow are increasingly difficult to find.If your dream isn't simply owning a house--but owning an Alaska property where you can build, create, work, store your toys, and truly spread out--this is one you need to see.
Property Type(s):
Single Family
| Last Updated | 7/11/2026 | Year Built | 1957 |
|---|---|---|---|
| Community | 1B - Kenai Peninsula Borough | Garage Spaces | 2.0 |
| County | Kenai Peninsula Borough |
SCHOOLS
| Elementary School | West Homer |
|---|---|
| Jr. High School | Homer |
| High School | Homer |
Additional Details
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
|---|---|
| AREA | 1B - Kenai Peninsula Borough |
| BARN/EQUESTRIAN | Yes |
| BASEMENT | Yes |
| CONSTRUCTION | Frame, Wood Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Floor Furnace, Forced Air, Natural Gas, Wood Stove |
| INTERIOR | Pantry |
| LOT | 0.94 acre(s) |
| LOT DIMENSIONS | 40946.4 |
| PARKING | Garage Door Opener, Attached, Detached |
| SEWER | Septic Tank |
| STORIES | 2 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
Listing Office: Story Real Estate
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.
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