$1,400,000
 $7,516 est/mo Sourced by Back At You

1054 Krueth Way,Homer, AK 99603

Homer, AK 99603

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Description

Income opportunity with expansive views of Kachemak Bay and a prime in-town location. This versatile property features two separate structures, offering multiple options for rental income, owner occupancy, workspace, or multi-generational living. The main building includes a beautiful apartment with three bedrooms, three bathrooms, and a large tuck-under shop. The upper level offers two bedrooms, two bathrooms, and an incredible deck designed to take full advantage of the bay and mountain views. On the lower level, part of the garage has been thoughtfully converted into a bedroom/gym area and pantry, along with office space and a half bath. The second structure is an up/down duplex. The lower unit features two bedrooms, one and a half bathrooms, and in-unit laundry, while the upper unit offers two bedrooms, two bathrooms, laundry, and a bonus room that could serve as an office, guest space, or third bedroom. Located just steps from Kachemak Bay and connected to city utilities, this property offers flexibility, functionality, and outstanding investment potential in the heart of Homer.

Details

MLS #26-7395
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2016
Days On Site66
Listing Provided ByKachemak Real Estate Group Real Broker | Becky Turkington

Features

Bed(s)7
Bath(s) 7 Total
SQ Feet5,472
Garage2
Units3
Building(s)2
ZoningRR - Rural Residential
Acreage0.33
Water FrontBay, Ocean
Property ViewBay, Mountain(s), Spit, Ocean

Interior

HeatingRadiant Floor, Radiant, Wood, Natural Gas, Wood Stove
Heating Yes / NoYes

Exterior

RoofMetal
Lot FeaturesLevel
Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp NearBay, Ocean
Construction MaterialsWood Frame
Foundation DetailsPoured Concrete, Quad-Lock
Exterior Sp Finish Co Exterior Sp FinishWood, Metal

Parking

Attached Garage Yes / NoYes
Parking FeaturesAttached, Heated Garage, Tuck Under
Carport Sp Type Co Carport Sp TypeNone

Utilities

SewerPublic Sewer

Location

Road Surface TypeGovernment, Maintained
Frontage TypeNone

Taxes

Tax Map NumberN/A
Tax Legal DescriptionOscar Munson Replat Of L46-47 & L47A

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$1,400,000
low | high
Med:
$619,000
100% of Average
sqft:
5,472
low | high
Med:
1,500
100% of Average
$ / sqft:
$256
low | high
Med:
$413
11.293714285714% of Average
On site:
66
low | high
Med:
315
20.952380952381% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$1,400,000
low | high
Med:
$619,000
100% of Average
sqft:
5,472
low | high
Med:
1,500
100% of Average
$ / sqft:
$256
low | high
Med:
$413
11.293714285714% of Average
On site:
66
low | high
Med:
315
20.952380952381% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.5M - $1.75M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
895 Ocean Drive Loop Property Photo 1
$2,399,999
895 Ocean Drive Loop
Homer, AK 99603
895 Ocean Drive Loop Property Photo 1
$2,399,999
895 Ocean Drive Loop
Homer, AK 99603
Listing Updated: July 27, 2026 at 4:26:00 PM PDT