STUNNING Kenai River frontage overlooking the Kenai Flats, the Kenai River and panoramic mountain views. Located within the Personal Use Dip Net Fishery, the property includes a private electric lift from the riverbank to the lawn for easy access to and from the river. The home has 2,000sq.ft of living space with a 2,385sq.ft garage with multiple overhead doors including a 14x14' door.Moose, caribou, bald eagles, beluga whales, and harbour seals can all be seen from the property. The home offers 3 bedrooms, 2 bathrooms, an office, and an open living area filled with natural light. Highlights include radiant floor heat, a gas fireplace, a spacious primary suite with a jetted tub, custom quartz countertops, stainless steel appliances, and a Trex deck overlooking the river. The heated 40' x 60' garage provides ample space for boats, RVs, vehicles, and recreational equipment, complete with multiple overhead doors, a ¾ bath, floor drains, shelving, and a workbench. Quality construction includes energy-efficient windows and insulation, a heat recovery ventilation system, natural gas utilities, a generator transfer switch, a storage shed, and a paved driveway. This is an amazing opportunity to own an Alaska riverfront property with outstanding fishing, wildlife, and unforgettable views.
For sale
$979,000
2565 Watergate Way, Kenai, AK 99611
3beds
2,085sqft
Single Family Residence
Built in 2000
0.92 Acres Lot
$943,400 Zestimate®
$470/sqft
$-- HOA
What's special
- 29 days |
- 1,069 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Michelle A Glaves,
Jack White Real Estate Soldotna
Source: AKMLS,MLS#: 26-9201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, 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, Pantry, Quartz Counters, Soaking Tub, Wired for Sound
- Windows: Window Coverings
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,085
- Total interior livable area: 2,085 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage Door Opener, Paved, RV Access/Parking, Attached, Heated Garage, No Carport
- Attached garage spaces: 5
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck/Patio
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Mountain(s), River
- Has water view: Yes
- Water view: River
- Waterfront features: Waterfront, Waterfront Access, River Front, River Access
- Body of water: Kenai River
Lot
- Size: 0.92 Acres
- Features: Covenant/Restriction, Fire Service Area, Landscaped, Bluff, Road Service Area, Views
- Topography: Bluff,Level
Details
- Additional structures: Workshop, Shed(s)
- Parcel number: 04943012
- Zoning: UNK
- Zoning description: Unknown
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Frame - 2x6, Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Private
- Utilities for property: Electric, Phone Connected, Cable Connected
Community & HOA
Location
- Region: Kenai
Financial & listing details
- Price per square foot: $470/sqft
- Tax assessed value: $722,700
- Annual tax amount: $3,930
- Date on market: 7/23/2026
- Road surface type: Paved
Estimated market value
$943,400
$896,000 - $991,000
$3,255/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Listed for sale | $979,000-2%$470/sqft |
Source:  AKMLS #26-9201 Report a problem | ||
| 7/16/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/25/2026 | Listed for sale | $998,500+44.9%$479/sqft |
Source: Owner Report a problem | ||
| 7/16/2018 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 6/13/2018 | Pending sale | $689,000$330/sqft |
Source: Redoubt Realty #18-3551 Report a problem | ||
| 3/10/2018 | Listed for sale | $689,000-1.5%$330/sqft |
Source: Redoubt Realty #18-3551 Report a problem | ||
| 1/4/2018 | Listing removed | $699,500$335/sqft |
Source: CENTURY 21 Realty Solutions #17-11071 Report a problem | ||
| 7/3/2017 | Listed for sale | $699,500$335/sqft |
Source: Century 21 Realty Solutions Freedom Realty #17-11071 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,930 +3.8% | $722,700 +5.2% |
| 2024 | $3,786 +9.8% | $686,700 +6% |
| 2023 | $3,447 -0.3% | $647,600 +0.9% |
| 2022 | $3,456 -1.7% | $641,900 |
| 2021 | $3,515 -1.4% | $641,900 -0.8% |
| 2020 | $3,564 | $647,400 -9.3% |
| 2019 | $3,564 -44.9% | $713,700 -10.9% |
| 2018 | $6,466 +30.4% | $801,400 +10.8% |
| 2017 | $4,960 +77.5% | $723,100 +12.2% |
| 2016 | $2,795 | $644,400 +45.3% |
| 2015 | $2,795 | $443,500 -2.7% |
| 2014 | $2,795 | $456,000 -20.9% |
| 2013 | -- | $576,800 +1.9% |
| 2012 | -- | $566,100 -1.7% |
| 2011 | -- | $575,700 -3.5% |
| 2010 | -- | $596,300 -3.2% |
| 2009 | -- | $615,800 -1.6% |
| 2008 | -- | $625,700 +24.5% |
| 2007 | -- | $502,400 +33.7% |
| 2006 | -- | $375,900 +16.8% |
| 2005 | -- | $321,800 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
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.Climate risks
Neighborhood: 99611
Nearby schools
GreatSchools rating
- 10/10Aurora Borealis Charter SchoolGrades: K-8Distance: 2.2 mi
- 6/10Kenai Middle SchoolGrades: 6-8Distance: 3.2 mi
- 6/10Kenai Central High SchoolGrades: 9-12Distance: 3 mi
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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