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2727 Kachemak Drive

Homer, AK 99603
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Bed 5

Bed

Bath 4

Bath

SqFt131,986.80

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential

Price : $1,550,000

AD Id : 76352984

MLS Id : 26-2770

Beds : 5

Lot Size : 131,986.80 Sqft

Year Built : 2000

Garage : 2

County : Kenai Peninsula Borough

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 1 Half Baths: 1

    Room Information

    Has Basement: Yes
  • Roofing Information

    Metal
  • Interior Features

    Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Pantry, Soaking Tub Roof: Metal Appliances: Microwave, Dishwasher, Disposal, Refrigerator Window Features: Window Coverings
  • Heating & Cooling

    Has Heating: Yes Heating: Radiant Floor, Radiant, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s) Water front: 1

  • Building Information

    Year Built: 2000 Building Area Total: 4898 Construction Materials: Wood Siding, Frame Patio And Porch Features: Deck Private Pool: No Water front Features: Ocean Front, Ocean Access View: Bay, Inlet, Mountain(s), Ocean
  • Exterior Features

    Exterior Features: Private Yard

  • Lot Information

    Main Square Feet: 131986.8 Square Feet Lot Size Acres: 3.03 Lot Size Source: Other Lot Size Square Feet: 131986.8 Lot Description: Sloped, Landscaped, Bluff, Level, Gentle Sloping, Waterfront

  • Listing Price Information

    Listing Price: $1550000 Original Price: $1700000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 17936031 Tax Legal Desc: Hodnik L3

  • Parking Information

    Garage Door Opener, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Paul Banks/Homer
    Junior High School: Homer
    Senior High School: Homer
  • Utility Information

    Phone Connected
  • Location Information

    Direction: Turn left on Kachemak Drive at the base of the Homer Spit. Approximately 1 mile on the Right hand side. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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ByOwner last updated this listing 06/11/2026 @ 06:27

MLS: 26-2770 LISTED BY: Yvan Corbin, Real Broker Alaska 855-450-0442 SOURCE: Alaska Multiple Listing Service

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