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For sale
    • Price cut: $8.8K (7/17)
    $577,210

    51154 Polaris Way, Kenai, AK 99611

    3beds
    1,592sqft
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    Single Family Residence
    Built in 1983
    0.92 Acres Lot
    $563,700 Zestimate®
    $363/sqft
    $-- HOA

    What's special

    Cozy woodstoveSpacious kitchenFully fenced backyardAmple storageAbundant storageLarge pantryNewer appliances
    Looking for space, storage, & room to spread out? This beautifully maintained home sits on a generous .92-acre lot in a quiet neighborhood just minutes from Kenai, the Kenai River, local beaches, between Kenai & Soldotna.Inside, you will find 3 bedrooms plus a den with a legal egress window, offering excellent flexibility as a home office, guest room, hobby space, or potential 4th bedroom....Recent updates completed in 2024 compliment the home's comfortable layout, while the spacious kitchen features newer appliances, ample storage, and a large pantry ready for everyday living & a 4.5 star energy rating! The inviting living area is warmed by a cozy woodstove, creating the perfect gathering place during cooler months. Thoughtful improvements include a newer roof installed in 2021 & a premium Kinetico water treatment system. Outside is where this property truly shines. The fully fenced backyard offers plenty of room for pets, play, gardening, entertaining, or simply enjoying the privacy of your own Alaska retreat. The impressive 872 sq. ft. garage provides exceptional space for vehicles, projects, tools, recreational equipment, & all the Alaska toys that never seem to fit anywhere else. Need even more storage? The property also includes a substantial 16' x 12' storage shed with an attached carport, perfect for a riding mower, ATVs, snowmachines, yard equipment, firewood, or seasonal gear. Offering nearly an acre of usable property, abundant storage, recent updates, and a convenient location close to everything Kenai or Soldotna has to offer, this move-in-ready property checks all the boxes for comfortable Alaska living.
    41 days
    |
    360
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Williams,

    LPT Realty,

    Rachael Hannahs,

    LPT Realty

    Source: AKMLS,MLS#: 26-6828MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Heating
      • Fireplace(s), Baseboard, Natural Gas
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Basement, Ceiling Fan(s), Den &/Or Office, Laminate Counters, Plastic Counters, SBOS Reqd-See Rmks, Soaking Tub, Storage
      • Flooring: Carpet, Luxury Vinyl, Vinyl
      • Windows: Window Coverings
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove, Fire Pit
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,592
      • Total interior livable area: 1,592 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Door Opener, RV Access/Parking, Attached, No Carport
      • Attached garage spaces: 3
      Features
      • Levels: Multi/Split,Tri-Level,Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Fencing: Fenced
      • Has view: Yes
      • View description: Territorial
      • Waterfront features: None, Inlet Access, Ocean Access, River Access
      Lot
      • Size: 0.92 Acres
      • Features: Covenant/Restriction, Fire Service Area, Horse Property, Landscaped, Poultry Allowed, Road Service Area, SBOS Reqd-See Rmrks, Views
      • Topography: Level
      Details
      • Additional structures: Workshop, Shed(s)
      • Parcel number: 05557019
      • Zoning: RR
      • Zoning description: Rural Residential
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Block, Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1983
      • Major remodel year: 2024

      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: $363/sqft
      • Tax assessed value: $275,600
      • Annual tax amount: $1,151
      • Date on market: 6/10/2026
      • Road surface type: Gravel

        Estimated market value

        $563,700

        $536,000 - $592,000

        $2,490/mo

        Price history

        DateEventPrice
        7/17/2026Price change$577,210-1.5%$363/sqft
        Source: AKMLS #26-6828 Report a problem
        6/10/2026Listed for sale$586,000-2.2%$368/sqft
        Source: AKMLS #26-6828 Report a problem
        6/4/2026Listing removed$599,000$376/sqft
        Source: AKMLS #26-4046 Report a problem
        5/12/2026Price change$599,000-0.5%$376/sqft
        Source: AKMLS #26-4046 Report a problem
        4/18/2026Listed for sale$602,000+127.2%$378/sqft
        Source: AKMLS #26-4046 Report a problem
        9/12/2016Listing removed$265,000$166/sqft
        Source: Mossy Oak Properties of Alaska - Soldotna #16-7666 Report a problem
        5/16/2016Listed for sale$265,000$166/sqft
        Source: Real Estate Brokers of Alaska - Soldotna #16-7666 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $275,600 +3.5%
        2024-- $266,400 +5.1%
        2023-- $253,400 +6.2%
        2022$1,151 +24.3%$238,500 +14%
        2021$926 -6.3%$209,200 -3.2%
        2020$988 $216,100 -5.6%
        2019$988 -10.5%$229,000 +3.4%
        2018$1,104 +6.5%$221,500 +1.5%
        2017$1,037 -27.6%$218,200 +5.6%
        2016$1,432 $206,600 +10.1%
        2015$1,432 $187,600 +8.4%
        2014$1,432 $173,100 -1.1%
        2013-- $175,100 +1.4%
        2012-- $172,700 -9.6%
        2011-- $191,100 +2.7%
        2010-- $186,000 -0.5%
        2009-- $186,900 +6.9%
        2008-- $174,900 +16%
        2007-- $150,800 +14.9%
        2006-- $131,300 +2.8%
        2005-- $127,700
        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.
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        Climate risks

        Neighborhood: 99611

        Getting around

        9 / 100
        Car-Dependent
        39 / 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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