2727 Kachemak Drive, Homer, Alaska 99603

$1,550,000
5
BD
4
BA

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List Price
$1,550,000
Price Change
▼ $150,000 1778702035
MLS#
26-2770
Status
ACTIVE
Bedrooms
5
Bathrooms
4
Lot Size
131,986
Acres
3.03
Year Built
2000

Property Description

Luxury Kachemak Bay Retreat with Proven Short-Term Rental Success Positioned on approximately 3 acres along scenic Kachemak Drive, this custom-built home captures unobstructed views of Kachemak Bay, the Homer Spit, and the surrounding mountain ranges from its elevated bluff setting--paired with the added benefit of a highly successful short-term rental. Spanning nearly 4,900 square feet, the home features 5 bedrooms and 3.5 bathrooms, with a layout designed to comfortably accommodate large groups. Whether used as a private residence or guest retreat, the home is built for both comfort and connection. The main living area is centered around expansive windows that frame the bay and mountains, complemented by warm wood finishes, custom built-ins, and a gas fireplace. A spacious kitchen with a large island, ample cabinetry, and quality appliances flows seamlessly into the dining and living spaces--ideal for gathering and entertaining. Designed with the guest experience in mind, the home offers multiple areas to relax and unwind, including a large recreation and entertainment room complete with media space, pool table, and foosball area--perfect for evenings after a day of exploring Homer and the surrounding wilderness. The upper-level primary suite provides a private retreat, featuring vaulted ceilings, a gas fireplace, walk-through closet, and a spa-inspired bathroom with a jetted soaking tub. A private balcony offers sweeping views across the bay, creating a truly memorable setting. Each of the additional bedrooms is generously sized and well-appointed, allowing the home to comfortably host family, friends, or guests. The layout supports extended stays and group accommodations, making it especially well-suited for vacation use. Outdoor living is equally impressive, with covered porches for year-round enjoyment, mature landscaping, a greenhouse, garden area, and additional outbuildings. The property also offers private beach access and ample parking for multiple vehicles and recreational gear. Currently operating as an extremely successful short-term rental, the property already has 70+ days booked for the current year, demonstrating strong demand and continued income potential. Its size, location, and amenities make it highly desirable for vacation travelers, fishing groups, and destination stays. Located just minutes from the Homer Spit, harbor, dining, and local attractions, this property offers a rare combination of privacy, space, and accessibility in one of Alaska's most sought-after coastal settings. Wildlife, including moose, are commonly seen in the area, adding to the authentic Alaska experience.

Additional Information

Zoning
UNK - Unknown
View
Bay, Inlet, Mountain(s), Unobstructed, Ocean
Roof
Metal
Garage Spaces
2
Construction Status
Existing Structure
Exterior Features
Fire Service Area, Garage Door Opener, Road Service Area, View, Lot-Bluff, In City Limits, Private Yard
Interior Features
Air Exchanger, Basement, Den &/Or Office, Electric, Washer &/Or Dryer Hookup, BR/BA on Main Level, Jetted Tub, Ceiling Fan(s), Smoke Detector(s), Vaulted Ceiling(s), Granite Counters, Gas Fireplace, Pantry, Soaking Tub, Microwave
Heating
Radiant Floor, Radiant, Natural Gas
Water
Public
Sewer
Public Sewer
High School
Homer
Middle School
Homer
Elementary School
Paul Banks/Homer

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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 Real Estate Company 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. Listing last updated: