51154 Polaris Way, Kenai, AK 99611
What's special
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.
- 127 days
- 205
- 6
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Michelle Williams,
LPT Realty,
Rachael Hannahs,
LPT Realty
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: $355/sqft
- Tax assessed value: $275,600
- Annual tax amount: $1,151
- Date on market: 6/10/2026
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $565,665-2%$355/sqft |
Source:  AKMLS #26-6828 Report a problem | ||
| 7/17/2026 | Price change | $577,210-1.5%$363/sqft |
Source: AKMLS #26-6828 Report a problem | ||
| 6/10/2026 | Listed for sale | $586,000-2.2%$368/sqft |
Source: AKMLS #26-6828 Report a problem | ||
| 6/4/2026 | Listing removed | $599,000$376/sqft |
Source: AKMLS #26-4046 Report a problem | ||
| 5/12/2026 | Price change | $599,000-0.5%$376/sqft |
Source: AKMLS #26-4046 Report a problem | ||
| 4/18/2026 | Listed for sale | $602,000+127.2%$378/sqft |
Source: AKMLS #26-4046 Report a problem | ||
| 9/12/2016 | Listing removed | $265,000$166/sqft |
Source: Mossy Oak Properties of Alaska - Soldotna #16-7666 Report a problem | ||
| 5/16/2016 | Listed for sale | $265,000$166/sqft |
Source: Real Estate Brokers of Alaska - Soldotna #16-7666 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | -- |
Monthly payment
Estimated market value
$558,200
$530,000 - $586,000
$2,468/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.