Extraordinary Custom Home with Panoramic Bay Views & Proven Income PotentialPerched on three private acres overlooking Kachemak Bay and the surrounding mountains, this exceptional custom-built home brings together fine craftsmanship, timeless design, and Alaska's natural beauty. The entire exterior of the home was just professionally re-stained, giving it a beautifully refreshedappearance and enhancing the warmth and character of the home. From the moment you enter, you'll be captivated by the dramatic curved staircase, soaring barrel-vaulted ceilings, and walls of windows showcasing breathtaking views in every direction. Thoughtfully designed and meticulously crafted, the home features stunning woodwork, elegant stone and tile accents, and distinctive architectural details that make every space feel both luxurious and inviting. The spacious first-floor primary suite offers a private retreat, while the well-designed floor plan provides flexibility for family, guests, or entertaining. Throughout the home, quality craftsmanship and attention to detail are evident at every turn. Adding even more versatility is a detached garage with a beautifully finished studio apartment, providing additional living space and excellent income potential. Both the main home and studio are currently operating as successful vacation rentals with a strong rental history, making this property equally appealing as a primary residence, Alaska getaway, or investment opportunity. Practical features include dual laundry hookups on both levels and a Heat Recovery Ventilation (HRV) system designed for year-round comfort and efficiency. With its freshly re-stained exterior, spectacular Kachemak Bay and mountain views, three private acres, exceptional craftsmanship, and proven rental potential, this one-of-a-kind Homer property offers an extraordinary combination of lifestyle and investment opportunity.
For sale
Price cut: $10K (9/14)
$1,115,000
54625 Rolling Meadows Rd, Homer, AK 99603
4beds
2,994sqft
Single Family Residence
Built in 2009
3.09 Acres Lot
$1,060,300 Zestimate®
$372/sqft
$-- HOA
What's special
Panoramic bay viewsThree private acresSoaring barrel-vaulted ceilingsDramatic curved staircaseStunning woodworkDistinctive architectural details
- 457 days
- 361
- 21
Zillow last checked:
Listing updated:
Listed by:
Gina Pelaia,
Berkshire Hathaway HomeServices Alaska Realty,
Noah Irons,
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 25-7428
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard, Propane
Appliances
- Included: Washer &/Or Dryer
- Laundry: Washer &/Or Dryer Hookup
Features
- Arctic Entry, BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Family Room, Solid Surface Counter, Vaulted Ceiling(s), Storage
- Flooring: Carpet, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Gas
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,994
- Total interior livable area: 2,994 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, RV Access/Parking, Detached, Heated Garage, No Carport
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Inlet, Mountain(s)
- Has water view: Yes
- Water view: Inlet
- Waterfront features: None, No Access
Lot
- Size: 3.09 Acres
- Features: Fire Service Area, Parkside, Road Service Area, Views
- Topography: Level
Details
- Parcel number: 17245043
- Zoning: UNZ
- Zoning description: Not Zoned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame - 2x6, Masonry, Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Asphalt,Composition
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Septic Tank
- Water: Hold Tank, Water Delivered
- Utilities for property: Electric, Cable Available
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $831,400
- Annual tax amount: $8,206
- Date on market: 6/17/2025
Estimated market value
$1,060,300
$1.01M - $1.11M
$3,916/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $1,115,000-0.9%$372/sqft |
Source: | ||
| 4/24/2026 | Price change | $1,125,000-2.2%$376/sqft |
Source: | ||
| 1/6/2026 | Price change | $1,150,000-9.8%$384/sqft |
Source: | ||
| 8/25/2025 | Price change | $1,275,000-1.9%$426/sqft |
Source: | ||
| 6/17/2025 | Listed for sale | $1,300,000$434/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,206 -7.9% | $831,400 +0.9% |
| 2024 | $8,914 -2.4% | $823,800 +3.5% |
| 2023 | $9,135 +6.2% | $795,700 +9.2% |
| 2022 | $8,601 +12.8% | $728,900 +9.4% |
| 2021 | $7,624 +10.2% | $666,400 +5.4% |
| 2020 | $6,915 | $632,100 -4.2% |
| 2019 | $6,915 -4.7% | $659,700 +9.9% |
| 2018 | $7,257 +9.9% | $600,400 -0.6% |
| 2017 | $6,604 +16.4% | $604,100 +15.4% |
| 2016 | $5,675 | $523,300 +11.2% |
| 2015 | $5,675 | $470,600 +1.1% |
| 2014 | $5,675 | $465,300 +2.9% |
| 2013 | -- | $452,000 -1.7% |
| 2012 | -- | $459,900 -15.3% |
| 2011 | -- | $543,100 -1.8% |
| 2010 | -- | $553,100 -2.8% |
| 2009 | -- | $569,100 +568% |
| 2007 | -- | $85,200 |
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.Climate risks
Neighborhood: 99603
Nearby schools
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.







