MatSu Living

59217 E East End Road, Homer, AK 99603

$995,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 7,410 Lot Size (sq. ft.): 74,488 Status: Pending
Current Price: $995,000 Last Modified: 7/02/2026

Description

Historic Homer Landmark with Flexible Seller Financing & Endless Possibilities Own one of Homer's most iconic and recognizable properties, offering a rare combination of history, location, and opportunity. Formerly known as The Connelly House and currently home to Wasabi Bistro, this extraordinary bluff-top property commands breathtaking panoramic views of Kachemak Bay, surrounding glaciers,

Supplements: majestic mountains, and unforgettable Alaska sunsets. Flexible seller financing and lease-purchase options may be available for qualified buyers, creating a unique pathway to ownership of this premier coastal property. Rich in local history and character, the property offers exceptional versatility and is ready to bring your vision to life. Imagine a private family estate, luxury lodge, boutique retreat, destination restaurant and lounge, event venue, or distinctive waterfront residence. The possibilities are limited only by your imagination. The main building showcases timeless architectural charm while providing modern functionality for hospitality, commercial, or residential use. Separate owner's quarters offer comfortable on-site living, guest accommodations, or additional rental potential. Properties with this combination of historic significance, stunning views, and flexible use opportunities rarely become available. This is your chance to own a landmark property in one of the most spectacular settings on the Kenai Peninsula while benefiting from creative ownership options designed to help make your vision a reality.

More Information MLS# 25-8489

Location Legal and School Info

Area: 492 - Kachemak City/Fritz Creek Street #: 59217 Directional: E Street Name: East End Arterial: Road Closest USPS Town: Homer State: AK Zip Code: 99603

Contract Info

Price-List: 995000 Date-Listing: 2025-07-07 Status: Pending Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2026-07-01

Property Info

Realtor.com Type: Residential - Single Family Property Attached/Common Walls: No Construction Status: Existing Structure Beds: 3 Bathrooms Half: 2 Bathrooms Three Quarter: 1 Bathrooms Full: 1 Bathrooms Total: 4 SF-Res: 7410 Year Built: 1972 SF-Lot: 74487.6 Lot Area Source: Tax Authority Acres: 1.71 Zoning: UNZ - Not Zoned

Remarks and Directions

Directions: From Homer Travel out East End Road approx 5 miles. Property is on the Right.

Property Features

Residential Type: B & B Potential; Single Family Res Construction Type: Wood Frame Roof Type: Asphalt; Composition; Shingle Foundation Type: Block; Poured Concrete Floor Style: Two-Story Tradtnl Garage Type: None Carport Type: None Heating: Forced Air; Natural Gas Sewer Type: Septic Tank Water Source: Hold Tank; Water Delivered Dining Room Type: Area; Breakfast Nook/Bar; Formal Features-Interior: Arctic Entry; Basement; BR/BA on Main Level; BR/BA Primary on Main Level; Ceiling Fan(s); CO Detector(s); Den &/Or Office; Electric; Family Room; Pantry; Smoke Detector(s); Telephone; Vaulted Ceiling(s); Washer &/Or Dryer Hookup; Window Coverings Appliances: Range; Oven; Gas Cooktop; Down Draft; Microwave; Refrigerator; Dishwasher; Wine Cooler Flooring: Carpet; Tile Features-Additional: Deck/Patio; Fire Service Area; Lot-Corner; Parkside; Road Service Area; Storage; View; RV Parking Access Type: Government; Maintained View Type: Bay; Glacier; Unobstructed Topography: Gently Rolling; Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Listing Terms Financing: Cash; Conventional Docs Avl for Review: Docs Posted on MLS

Documents

Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: July - 02 - 2026
59217 E East End Road, Homer, AK 99603- MLS# 25-8489
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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