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For sale
  • $925,000

    54066 Peterson Bay Rem SW, Homer, AK 99603

    4beds
    1,362sqft
    : 
    $5,673/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    3.84 Acres Lot
    $862,500 Zestimate®
    $679/sqft
    $-- HOA

    What's special

    Fantastic sunsetsHeated with toyo stoves
    Sea Escapes Studio is a remote Alaska House/Studio/Lodge for sale in Peterson Bay, on the South Shore of Kachemak Bay, directlyacross from the Homer Spit. The property is in a separate little cove, with a unique and fantastic view of the Bay and Homer by day, and Homer lightstwinkling at night. The house has windows that are 11 feet x 5 feet to showcase the ''Nature Channel'' and itallows one to be fully immersed in the Kachemak Bay experience. There are three main structures; the main house, the Studio with two guest bedrooms above,and a small guest cabin. There is decking that connects all buildings and provides a large seating area and outdoor dining space. The Studio is being used currently as a successful Fused Glass Studio. It is set up for Pottery as well as Painting and Drawing. It is an Artist's Paradise, both a sanctuary and a wonderfully inspiring creative space. But we understand that not all people want a Studio so the space is also designed to be converted into a Kitchen and Gathering room for a potential BnB/ Retreat for paying guests. The 3.84 acre property is surrounded by wilderness and privacy yet has direct line of sight Internet and electricity. It relies on rain catchment as its major water source with all buildings (metal roofed) catching water that leads directly into two 1500 gallons cisterns dedicated to the house and one 500 gallon cistern that is used for watering greenhouse/solarium plants. There is a 6 kilowatt diesel generator for back-up power for the few HEA outages that might occur. There are two indoor compost toilets, (one for the main house and one above the studio) There is a working Mast and Boom on the Dock to lift heavy items from boats. There is 40' of floats for boats moored directly in front of house. A John Deere Gator 4x6 is included with the property. There is an Outhouse and several handy outdoor storage units. The house and studio are both heated with Toyo stoves and each building has its own 300 gallon fuel oil storage tank. There are two standup freezers and one chest freezer as well as an outdoor second refrigerator for lots of local catch fish and food storage. Most of the furniture in the house and guest bedrooms is included. Outdoor Heavenly Barrel sauna and hot tub gives comfort after a good day of fishing! Sea Escapes Studio is a unique opportunity to live in the wilderness yet is only about a 15 minute boat ride from Homer Harbor. It can be used as a wonderful destination for family and friends to visit and yet have their own space separate from the main house. It can continue as a glorious studio for artists as a teaching workshops/working studio opportunity to supply Homer Galleries. It can be set up for retreats, such as for yoga or meditation and can morph into a BnB for extra income. It has an incredible view of Mt Iliamna hovering over the ridge above Homer and fantastic sunsets. Fishing is, of course, very easy to get to......and wildlife is all around. Winters are quiet and warm and a cozy relief after busy summer fun. It has been a slice of Alaskan Paradise to anyone who has visited. Fun activities include Fishing for halibut and salmon, walking the beach, kayaking and wildlife viewing, wild blueberry and salmon berry picking, playing in the Studio, and outdoor barbecues all set in the gorgeous Alaskan wilderness
    109 days
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    378
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    8
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    Zillow last checked:

    Listing updated:

    Listed by:

    Audrey G Mason,

    RE/MAX Dynamic Properties - Eagle River Branch,

    Brent Mason,

    RE/MAX Dynamic Properties - Eagle River Branch

    Source: AKMLS,MLS#: 26-3934MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • 1/2 bathrooms: 2
      Heating
      • Oil
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • Ceiling Fan(s), Pantry, Sauna
      • Flooring: Laminate, Tile
      • Has basement: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,362
      • Total interior livable area: 1,362 sqft

      Property

      Parking
      • Parking features: No Garage, No Carport
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Spa features: Heated
      • Has view: Yes
      • View description: Bay, Ocean
      • Has water view: Yes
      • Water view: Bay,Ocean
      • Waterfront features: Bay/Harbor, Ocean Front, Bay Access, Ocean Access
      • Body of water: Peterson Bay
      Lot
      • Size: 3.84 Acres
      • Topography: Bluff,Sloping
      Details
      • Parcel number: 19332008
      • Zoning: UNK
      • Zoning description: Unknown

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Post on Pad
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1987
      • Major remodel year: 1997

      Utilities & green energy

      • Sewer: None
      • Water: Cistern
      • Utilities for property: Electric

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $679/sqft
      • Tax assessed value: $325,500
      • Date on market: 4/16/2026

        Estimated market value

        $862,500

        $819,000 - $906,000

        $2,096/mo

        Price history

        DateEventPrice
        4/16/2026Listed for sale$925,000$679/sqft
        Source: AKMLS #26-3934 Report a problem
        8/29/2025Listing removed$925,000$679/sqft
        Source: AKMLS #25-7919 Report a problem
        6/25/2025Listed for sale$925,000$679/sqft
        Source: AKMLS #25-7919 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $325,500 +13.3%
        2024-- $287,200 -10.1%
        2023-- $319,400 +11%
        2022-- $287,700 -1.1%
        2021-- $291,000 -0.2%
        2020-- $291,600 +8.4%
        2019-- $268,900 +6.9%
        2018-- $251,600 +12.4%
        2017-- $223,800 +8.5%
        2016$1,610 $206,300 +3.9%
        2015$1,610 $198,500 +0.4%
        2014$1,610 $197,700 -0.9%
        2013-- $199,500 -22.3%
        2011-- $256,800 -0.5%
        2010-- $258,100 -1.8%
        2008-- $262,700 +2.6%
        2007-- $256,100 +52.9%
        2006-- $167,500 +3.5%
        2005-- $161,800
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        Climate risks

        Neighborhood: 99603

        Getting around

        0 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

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