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For sale
  • Price increase: $15K (7/18)
    $914,000

    1501 Pey Dr, Kenai, AK 99611

    5beds
    3,606sqft
    : 
    $5,597/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    0.92 Acres Lot
    $905,200 Zestimate®
    $253/sqft
    $-- HOA

    What's special

    Ample storageDedicated officeThoughtful designOutdoor storage
    Spectacular Cook Inlet, Mountain & Sunset Views! Experience the beauty of Alaska from this exceptional 3,606 sq. ft. home overlooking CookInlet and the surrounding mountains. Located in one of Kenai's most desirable, family-friendly neighborhoods. This spacious 5-bedroom, 3.5-bathroom home offers breathtakingpanoramic views and unforgettable sunsets year-round.Designed for comfort and flexibility. The home features outdoor storage, two spacious primary suites on both the main and upper levels, a dedicated office, and an expansive upper-level room that offers endless possibilities, such as a bonus room, media room, playroom, or additional gathering space. Large windows throughout the home fill the living spaces with natural light while showcasing the stunning Alaskan scenery. Generous living areas, thoughtful design, and ample storage make this home as functional as it is beautiful. Whether you're entertaining friends, hosting family, working from home, or simply relaxing as the sun sets over Cook Inlet, this property offers a rare opportunity to enjoy some of Kenai's most remarkable views from the comfort of home. Disclaimer: Some photos have been virtually staged using AI technology to illustrate the property's potential.
    51 days
    |
    475
    |
    21
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Davids,

    Sun Properties, LLC

    Source: AKMLS,MLS#: 26-6823MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Radiant Floor
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room, Pantry, Quartz Counters, Storage
      • Flooring: Carpet, Luxury Vinyl, Tile
      • Has basement: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,606
      • Total interior livable area: 3,606 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Paved, RV Access/Parking, Attached, Heated Garage, No Carport
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: Inlet, Mountain(s), Unobstructed
      • Has water view: Yes
      • Water view: Inlet
      • Waterfront features: Inlet, Access Unknown BTV
      Lot
      • Size: 0.92 Acres
      • Features: Covenant/Restriction, Fire Service Area, City Lot, Bluff, Views
      • Topography: Bluff,Level
      Details
      • Parcel number: 03914141
      • Zoning: UNK
      • Zoning description: Unknown

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame - 2x6, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Asphalt,Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electric, Cable Connected, Cable Available

      Community & HOA

      Location
      • Region: Kenai

      Financial & listing details

      • Price per square foot: $253/sqft
      • Tax assessed value: $651,400
      • Annual tax amount: $5,155
      • Date on market: 6/10/2026
      • Road surface type: Paved

        Estimated market value

        $905,200

        $860,000 - $950,000

        $4,069/mo

        Price history

        DateEventPrice
        7/18/2026Price change$914,000+1.7%$253/sqft
        Source: AKMLS #26-6823 Report a problem
        7/2/2026Price change$899,000-3.2%$249/sqft
        Source: AKMLS #26-6823 Report a problem
        6/10/2026Listed for sale$929,000$258/sqft
        Source: AKMLS #26-6823 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,155 +61%$651,400 +76.2%
        2024$3,202 +236.1%$369,700 +236.1%
        2023$953 +21.9%$110,000 +24.7%
        2022$781 -15.4%$88,200 -13.5%
        2021$924 +123.7%$102,000 +123.7%
        2020$413 $45,600
        2019$413 $45,600
        2018$413 $45,600
        2017$413 $45,600
        2016-- $45,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99611

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Mt. View
        • Middle: Kenai
        • High: Kenai Central

        Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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