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911 Lower Mill Bay Rd, Kodiak, AK, 99615

2beds
1baths
832sqft
$375,000
$451price/sqft
$2,680/moest. monthly cost
$107,200/yrincome needed

About This Home

2 Bed | 1 Bath Home with Business District ZoningRare opportunity to own a versatile property. This home offers comfortable residential living along with the flexibility and potential that comes with Business District zoning.Recent improvements include a new roof, new boiler, new windows, and other updates, including a 120 SF storage shed, and off street parking,offering plenty of potential for homeowners, investors,or those seeking a live-work opportunity. Conveniently located near downtown, shopping, restaurants, and local services. Whether your looking for a residence, rental property,or future business location, this unique property offers exceptional flexability in desirable location. Buyer to verify all permitted uses and zoning requirements with appropriate local authorities.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

5/10
Main Elementary SchoolGrades K-50.2 mi
6/10
Kodiak Middle SchoolGrades 6-80.2 mi
6/10
Kodiak High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1953

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Asphalt,Shingle
  • Construction materials: Frame,See Remarks

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Linoleum
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Baseboard,Oil

Interior Area

  • Total structure area: 832
  • Total interior livable area: 832 sqft

Property

Details

  • Parcel number: R1040120520
  • Zoning: B
  • Zoning description: Business

Features

  • Patio & porch: Deck/Patio
  • Has view: Yes
  • View description: Mountain(s)
  • Waterfront features: None,No Access

Lot

  • Lot size: 7,840 sqft
  • Features: Fire Service Area,City Lot,Road Service Area

Parking

  • Parking features: RV Access/Parking,No Garage,No Carport

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
    EarthquakeVery High
  • Tsunami
    TsunamiModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Tsunami
Winter Weather

FEMA Declared Disasters in Kodiak Island Borough and Alaska

Flood
Mud Landslide
Other
Severe Storm

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

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance $136$1,632
Property Taxes $330$3,960
Electricity $318$3,820
Total$2,680$32,160

Income You'd Need if You Spent...

35% on housing$91,885/yr
40% on housing$80,400/yr
45% on housing$71,466/yr

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.

Insurance Growth Rate5-year average: 4.4%
4.4%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$451This listing

vs Other Active Listings

Avg $/sqft

ZIP 99615$259
Kodiak Island Borough$253

vs Homes Sold Last Month

Median $/sqft

ZIP 99615
Kodiak Island Borough$242

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

DateEventPrice
2026-07-25Price change$375,000
2026-06-13Listed for sale$390,000

For Sale by Agent

AgentTeresa L Stutes
BrokerageReal Estate Brokers of Alaska

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