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For sale
  • Price cut: $150K (5/13)
    $1,550,000

    2727 Kachemak Dr, Homer, AK 99603

    5beds
    4,898sqft
    : 
    $9,198/mo
    Get pre-qualified
    Single Family Residence
    Built in 2000
    3.03 Acres Lot
    $-- Zestimate®
    $316/sqft
    $-- HOA

    What's special

    Luxury Kachemak Bay Retreat with Proven Short-Term Rental SuccessPositioned 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.
    129 days
    |
    1,001
    |
    36
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    Zillow last checked:

    Listing updated:

    Listed by:

    Yvan C Corbin,

    Real Broker Alaska,

    Luc Corbin,

    Real Broker Alaska

    Source: AKMLS,MLS#: 26-2770MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas, Radiant, Radiant Floor
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Basement, BR/BA on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room, Granite Counters, Pantry, Soaking Tub, Vaulted Ceiling(s)
      • 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: 4,898
      • Total interior livable area: 4,898 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Attached, No Carport
      • Attached garage spaces: 2
      Features
      • Levels: Tri-Level
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Has spa: Yes
      • Spa features: Bath
      • Has view: Yes
      • View description: Bay, Inlet, Mountain(s), Ocean, Unobstructed
      • Has water view: Yes
      • Water view: Bay,Inlet,Ocean
      • Waterfront features: Ocean Front, Ocean Access
      • Body of water: Kachemak Bay
      Lot
      • Size: 3.03 Acres
      • Features: Fire Service Area, City Lot, Landscaped, Bluff, Road Service Area, Views
      • Topography: Bluff,Level,Sloping
      Details
      • Additional structures: Greenhouse, Shed(s)
      • Parcel number: 17936031
      • Zoning: UNK
      • Zoning description: Unknown

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2000
      • Major remodel year: 2017

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electric, Phone Connected

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $316/sqft
      • Tax assessed value: $1,190,800
      • Date on market: 3/24/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,032/mo

        Price history

        DateEventPrice
        5/13/2026Price change$1,550,000-8.8%$316/sqft
        Source: AKMLS #26-2770 Report a problem
        3/30/2026Listed for sale$1,700,000-10.5%$347/sqft
        Source: AKMLS #26-2770 Report a problem
        1/1/2026Listing removed$1,900,000$388/sqft
        Source: AKMLS #25-2842 Report a problem
        5/22/2025Price change$1,900,000-20.8%$388/sqft
        Source: AKMLS #25-2842 Report a problem
        3/20/2025Listed for sale$2,400,000+4.3%$490/sqft
        Source: AKMLS #25-2842 Report a problem
        1/1/2025Listing removed$2,300,000$470/sqft
        Source: AKMLS #24-5643 Report a problem
        5/18/2024Listed for sale$2,300,000+17.9%$470/sqft
        Source: AKMLS #24-5643 Report a problem
        5/24/2016Listing removed$1,950,000$398/sqft
        Source: Coastal Realty #15-7820 Report a problem
        5/27/2015Listed for sale$1,950,000$398/sqft
        Source: Coastal Realty #15-7820 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017-- $1,190,800 +6.2%
        2016$12,857 $1,120,900 +3.5%
        2015$12,857 +0%$1,083,300 +2.9%
        2014$12,857 $1,052,400 +3.8%
        2013-- $1,013,900 -12.4%
        2011-- $1,157,800 -2%
        2010-- $1,181,200 -3.7%
        2009-- $1,226,700 -4.6%
        2008-- $1,286,300 +15.1%
        2007-- $1,117,300 +13.3%
        2006-- $986,200
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        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: 99603

        Getting around

        1 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Paul Banks/Homer
        • Middle: Homer
        • High: Homer

        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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