36155 Reef Dr, Kenai, AK, 99611
About This Home
Exceptional waterfront home on the shores of Cook Inlet! This 4-bed 3-bath home offers breathtaking views of the Alaska Range and three volcanos! Designed for both comfort and functionality, the 3184sf home features spacious living areas filled with natural light, 3 working garage spaces, beach access, greenhouse, drive through boat barn/shop with 3/4 bathroom! New open staircase built in 2021!A multi-car garage provides ample space for vehicles, while the impressive 1,584 sq ft shop--fully plumbed--offers endless possibilities for hobbies, boat or RV storage, or workspace. The drive through shop was thoughtfully built with infloor heat and its own septic system, which also services RVs parked on the property--ideal for guests or extended stays. CC&Rs welcome both residential and business! Guests will appreciate the generous parking for RVs, boats, and recreational toys, making it easy to embrace Alaska's adventurous lifestyle. A 110-foot seawall, constructed in 2021, adds peace of mind and shoreline protection, while a shared road provides convenient access to the beach for fishing, exploring, or simply enjoying the beach. Whether you're seeking a year-round residence, fishing hub or a private retreat, this property combines natural beauty, thoughtful amenities, and unmatched views in one extraordinary offering!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2004
Materials
- Foundation: Concrete Perimeter,Quad-Lock
- Roof: Asphalt,Composition,Shingle
- Construction materials: Concrete,Wood Frame - 2x6,Vinyl Siding
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch-Raised
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Arctic Entry,BR/BA on Main Level
- Flooring: Luxury Vinyl
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Natural Gas,Radiant Floor
Interior Area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
Property
Details
- Parcel number: 05554019
- Zoning: UNZ
- Zoning description: Not Zoned
Features
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: Inlet,Mountain(s),Ocean,Unobstructed
- Has water view: Yes
- Water view: Inlet,Ocean
- On waterfront: Yes
- Waterfront features: Waterfront,Inlet,Ocean Front,Inlet Access
- Waterbody name: Cook Inlet
- Topography of land: Level
Lot
- Lot size: 1.46 Acres
- Features: Covenant/Restriction,Bluff
Parking
- Total spaces: 3
- Parking features: Attached,No Carport
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Wildfire
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kenai Peninsula Borough and Alaska
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,090 | $97,080 |
| Home Insurance | $534 | $6,408 |
| Property Taxes | $1,188 | $14,256 |
| Electricity | $530 | $6,369 |
| Total | $10,342 | $124,104 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Listed for sale | $1,600,000 |
| 2021-01-23 | Listing removed | -- |
| 2020-12-28 | Listed for sale | $648,000 |
| 2020-10-31 | Listing removed | $648,000 |
| 2020-01-08 | Listed for sale | $648,000 |
| 2019-08-08 | Listing removed | $3,300 |
| 2019-06-28 | Listed for rent | $3,300 |
| 2014-06-06 | Sold | -- |
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