1 / 133$1,550,000
Originally $1,700,000
2727 Kachemak Drive
Homer AK 99603
Real Broker Alaska
5
Bedrooms
4
Bathrooms
4,898
Sq Ft
2000
Year Built
MLS# 26-2770· Listed Mar 23, 2026
Live MLS feedAbout This Home
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.
Documents & insights
18 documents from current & prior listings · parcel #17936031.
Summary of 18 documents from this property's current and prior listings. 3 items worth reviewing, plus 33 additional facts captured.
What the seller reported about utilities
The seller reports average monthly utility costs of $350 for electric (Homer Electric Company), $170 for natur… al gas (Enstar), and over $50 for sewer (City of Homer). Security alarm service with Simply Safe costs $15 per month.
Source: Real Property Disclosures · Prior listing — Expired Jan 2026
Reflects the prior owner's usage and providers. Your costs may vary.
A sample of what's in the documents
Disclosure listed a known issue
The Real Property Disclosures notes this item as a known issue. Exact wording from the document is quoted below.
Drainage issues in crawl space/basement (resolved 2017 via sump pump)View source — Real Property Disclosures
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Documents on this listing
Documents from prior listings(13) · sign in to open
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Disclosure timeline
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Property Details
Heating
Interior Features
Exterior Features
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Videos & Virtual Tours
Listed by: Yvan C Corbin · Real Broker Alaska

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Mortgage Estimate
$9,281/mo
$1,395,000 loan · 30yr · 7.0%
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