Historic Homer Landmark with Flexible Seller Financing & Endless PossibilitiesOwn one of Homer's most iconic and recognizable properties, offering a rare combination of history, location, and opportunity. Formerly known as The Connelly House and currently home to Wasabi Bistro, this extraordinary bluff-top property commands breathtaking panoramic views of Kachemak Bay, surrounding glaciers,majestic mountains, and unforgettable Alaska sunsets. Flexible seller financing and lease-purchase options may be available for qualified buyers, creating a unique pathway to ownership of this premier coastal property. Rich in local history and character, the property offers exceptional versatility and is ready to bring your vision to life. Imagine a private family estate, luxury lodge, boutique retreat, destination restaurant and lounge, event venue, or distinctive waterfront residence. The possibilities are limited only by your imagination. The main building showcases timeless architectural charm while providing modern functionality for hospitality, commercial, or residential use. Separate owner's quarters offer comfortable on-site living, guest accommodations, or additional rental potential. Properties with this combination of historic significance, stunning views, and flexible use opportunities rarely become available. This is your chance to own a landmark property in one of the most spectacular settings on the Kenai Peninsula while benefiting from creative ownership options designed to help make your vision a reality.
For sale
$995,000
59217 E End Rd, Homer, AK 99603
3beds
7,410sqft
Single Family Residence
Built in 1972
1.71 Acres Lot
$903,700 Zestimate®
$134/sqft
$-- HOA
What's special
Distinctive waterfront residenceBluff-top propertyTimeless architectural charm
- 340 days |
- 104 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Gina Pelaia,
Berkshire Hathaway HomeServices Alaska Realty,
Joleen H Brooks,
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 25-8489
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- Arctic Entry, Basement, BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Den &/Or Office, Family Room, Pantry, Vaulted Ceiling(s), Storage
- Flooring: Carpet, Tile
- Windows: Window Coverings
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 7,410
- Total interior livable area: 7,410 sqft
Property
Parking
- Parking features: RV Access/Parking, No Garage, No Carport
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Has view: Yes
- View description: Bay, Glacier, Unobstructed
- Has water view: Yes
- Water view: Bay
- Waterfront features: None, No Access
Lot
- Size: 1.71 Acres
- Features: Fire Service Area, Corner Lot, Parkside, Road Service Area, Views
- Topography: Gently Rolling,Level
Details
- Parcel number: 17429406
- Zoning: UNZ
- Zoning description: Not Zoned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Hold Tank, Water Delivered
- Utilities for property: Electric, Phone Connected
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $737,800
- Annual tax amount: $5,209
- Date on market: 7/7/2025
Estimated market value
$903,700
$859,000 - $949,000
$3,373/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Listed for sale | $995,000-43.1%$134/sqft |
Source: | ||
| 6/21/2024 | Listing removed | $1,750,000$236/sqft |
Source: | ||
| 6/6/2023 | Listed for sale | $1,750,000$236/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,209 -6.8% | $737,800 -0.9% |
| 2024 | $5,590 -14% | $744,400 -9.3% |
| 2023 | $6,502 -6.5% | $820,900 +3.2% |
| 2022 | $6,952 +5% | $795,400 +7.4% |
| 2021 | $6,622 -1.5% | $740,700 -1.5% |
| 2020 | $6,723 | $752,000 -4.1% |
| 2019 | $6,723 +7.2% | $784,000 -1.9% |
| 2018 | $6,272 -1.9% | $799,500 +5.1% |
| 2017 | $6,396 +62.3% | $761,000 +34.7% |
| 2016 | $3,941 | $564,900 -3.4% |
| 2015 | $3,941 | $585,000 -1% |
| 2014 | $3,941 | $590,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99603
Nearby schools
GreatSchools rating
- 5/10McNeil Canyon Elementary SchoolGrades: K-6Distance: 7.4 mi
- 10/10Homer Middle SchoolGrades: 7-8Distance: 5.3 mi
- 8/10Homer High SchoolGrades: 9-12Distance: 4.1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Alaska
- Kenai Peninsula Borough
- Kachemak City
- 99603
- 59217 E End Rd




