For sale

$695,000

2795 Watergate Way, Kenai, AK 99611

3beds

2,884sqft

$4,263/mo

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Single Family Residence

Built in 1980

1.14 Acres Lot

$-- Zestimate^®

$241/sqft

$-- HOA

What's special

Kenai riverHeated patio

Fall in love with this 3-level home on the Kenai River! Featuring 3 beds, 3 baths, a large 2-car garage, and a detached 864 sq ft shop with a setup for a hairdresser or your dream project. Enjoy breathtaking river, mountain, and inlet views. Enter through a heated patio or relax on the deck. Perfect for entertaining, with space for everyone and their gear. Just minutes from Kenai and Soldotna!

603 days
596
24

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 2
3/4 bathrooms: 2

Heating

Fireplace(s), Baseboard, Natural Gas

Appliances

Laundry: Washer &/Or Dryer Hookup

Features

Basement, BR/BA on Main Level, Ceiling Fan(s), Family Room, Vaulted Ceiling(s), Storage, Sun Room
Flooring: Carpet, Tile, Vinyl
Has basement: No
Has fireplace: Yes
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,884
Total interior livable area: 2,884 sqft

Property

Parking

Total spaces: 3
Parking features: RV Access/Parking, Attached, Detached, No Carport
Attached garage spaces: 3

Features

Levels: Multi/Split
Patio & porch: Deck/Patio
Fencing: Fenced
Has view: Yes
View description: Inlet, Mountain(s), River
Has water view: Yes
Water view: Inlet,River
Waterfront features: Waterfront, River Front, River Access
Body of water: Kenai River

Lot

Size: 1.14 Acres
Features: Fire Service Area, Landscaped, Road Service Area
Topography: Bluff

Details

Additional structures: Barn/Shop
Parcel number: 04936011
Zoning: RR
Zoning description: Rural Residential

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Frame - 2x6, Wood Siding
Foundation: Concrete Perimeter
Roof: Asphalt

Condition

New construction: No
Year built: 1980

Utilities & green energy

Sewer: Septic Tank
Water: Private, Well
Utilities for property: Electric

Community & HOA

Location

Region: Kenai

Financial & listing details

Price per square foot: $241/sqft
Tax assessed value: $585,600
Annual tax amount: $4,808
Date on market: 1/2/2025

Estimated market value

Not available

Estimated sales range

Not available

$4,308/mo

Price history

Date	Event	Price
7/17/2026	Price change	$695,000-4.1%$241/sqft
Source: AKMLS #25-48 Report a problem
11/25/2025	Price change	$725,000-3.2%$251/sqft
Source: AKMLS #25-48 Report a problem
10/27/2025	Price change	$749,000-2.6%$260/sqft
Source: AKMLS #25-48 Report a problem
7/8/2025	Price change	$769,000-3.8%$267/sqft
Source: AKMLS #25-48 Report a problem
4/9/2025	Listed for sale	$799,000$277/sqft
Source: AKMLS #25-48 Report a problem
4/2/2025	Listing removed	$799,000$277/sqft
Source: AKMLS #25-48 Report a problem
2/4/2025	Price change	$799,000-13.6%$277/sqft
Source: AKMLS #25-48 Report a problem
1/2/2025	Listed for sale	$925,000$321/sqft
Source: AKMLS #25-48 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,808 +85.1%	$585,600 +6.6%
2024	$2,597 +13.3%	$549,400 +6.8%
2023	$2,292 -8%	$514,200 -3.5%
2022	$2,492 -1%	$533,100 +0.2%
2021	$2,518 -1.8%	$531,900 -0.9%
2020	$2,564	$537,000 -3.4%
2019	$2,564 -6.3%	$556,000 +0.9%
2018	$2,736 +1.7%	$550,900 +2%
2017	$2,690 +74.9%	$540,100 +3.6%
2016	$1,538	$521,100 +3.6%
2015	$1,538	$503,000 +14.8%
2014	$1,538	$438,100 +0.9%
2013	--	$434,200 +2.8%
2012	--	$422,200 -0.8%
2011	--	$425,600 -1.8%
2010	--	$433,400 -8.9%
2009	--	$475,700 +1.3%
2008	--	$469,400 +13.9%
2007	--	$412,000 +16.2%
2006	--	$354,700 +15.9%
2005	--	$306,100
2004	--	--
2003	--	--
2002	--	--
2001	--	--
2000	--	--