MatSu Living

4530 Kachemak Drive, Homer, AK 99603

$1,450,000
Property Type: Multi-Family Bedrooms: 7 Baths: 4 Square Footage: 3,914 Lot Size (sq. ft.): 123,710 Status: Closed
Current Price: $1,450,000 Last Modified: 2/26/2026

Description

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.

Supplements: 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.

More Information MLS# 25-1350

Contract Info

Price-List: 1450000 Date-Listing: 2025-02-12 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-02-03 Date-Closing: 2026-02-26

Location Tax and Legal

Area: 490 - Homer Street #: 4530 Street Name: Kachemak Arterial: Drive Closest USPS Town: Homer State: AK Zip Code: 99603

Property Info

Realtor.com Type: Multi-Family Construction Status: Existing Structure Beds: 7 Bathrooms Half: 1 Bathrooms Three Quarter: 1 Bathrooms Full: 2 Bathrooms Total: 4 Bldgs-Ttl #: 2 Year Built: 2007 SF-Res: 3914 Number of Units: 2 SF-Lot: 123710.4 Acres: 2.84 Garage Spaces: 6 Prkg Spcs: 10 Lot Area Source: Survey Zoning: RR - Rural Residential

Directions and Remarks

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.

Building Info

Builder Name & Co: William Johnston Units-# of 3 BR: 1 Units- # of 4+ BR: 1

Mortgage Info

EM Minimum Deposit: 15000

Unit #1

Bath - Full: 2 Bath-Half: 1 Bedroom: 4

Unit #2

Bedroom: 3

Property Features

Multi-Family Type: Other - See Remarks Exterior Finish: Vinyl; Wood Roof Type: Asphalt; Composition; Shingle Foundation Type: Poured Concrete; Slab Construction Type: Wood Frame - 2x6 Garage Type: Attached Carport Type: None Heating: Oil; Radiant; Radiant Floor; Wood; Wood Stove Sewer-Type: Public Sewer Water Source: Public Access Type: Government; Private; Maintained View Type: Bay; Glacier; Mountains; Ocean; Spit; Unobstructed Topography: Bluff; Level; Sloping Wtrfrnt-Frontage: Bay/Harbor; Oceanfront Wtrfrnt-Access Near: Bay; Ocean Features-MultiFamily: CO Detector(s); Fire Pit; In City Limits; Shed; Smoke Detector(s); Washer/Dryer; Washer/Dryer HkUp Flooring: Carpet; Hardwood; Ceramic; Concrete To Show: ShowingTime Docs Avl for Review: As-Built; Docs Posted on MLS; Survey Listing Terms Financing: Cash; Conventional

Documents

Listing Office: Sarah Beller Real Estate
Last Updated: February - 26 - 2026
4530 Kachemak Drive, Homer, AK 99603- MLS# 25-1350
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 the site owner are marked with 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. Site contains live data.
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