54625 Rolling Meadows Rd, Homer, AK, 99603
About This Home
Artistry Meets Functionality - A True Alaskan TreasureQuality design, elegance, and master craftsmanship define this stunning 4-bedroom, 3-bath custom home set on 3 private acres overlooking the mountains and Kachemak Bay. From the sweeping curved staircase to the vaulted barrel ceiling, every detail showcases artistic flair and fine woodworking.Stone and tile accents add warmth and texture, while the spacious first-floor primary suite offers comfort and privacy. A true work of art, this home invites you in with breathtaking views and thoughtful design perfect as a luxurious residence or investment property. The detached garage features a beautifully finished studio apartment, and both units are currently rented as a well-established VRBO with excellent rental history. Additional highlights include two laundry hook-ups one on the main level and another upstairs and a Heat Recovery Ventilation system for year-round energy efficiency and comfort. Whether you're seeking a personal sanctuary or a proven income generator, this exceptional property offers the best of both worlds.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2009
Materials
- Foundation: Concrete Perimeter,Slab
- Roof: Asphalt,Composition
- Construction materials: Wood Frame - 2x6,Masonry,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Washer &/Or Dryer
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
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
- Fireplace features: Gas
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Baseboard,Propane
Interior Area
- Total structure area: 2,994
- Total interior livable area: 2,994 sqft
Property
Details
- Parcel number: 17245043
- Zoning: UNZ
- Zoning description: Not Zoned
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
- Topography of land: Level
Lot
- Lot size: 3.09 Acres
- Features: Fire Service Area,Parkside,Road Service Area,Views
Parking
- Total spaces: 2
- Parking features: Garage Door Opener,RV Access/Parking,Detached,Heated Garage,No Carport
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Avalanche
- Earthquake
- Winter Weather
- Landslide
- 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 | $5,688 | $68,256 |
| Home Insurance | $368 | $4,416 |
| Property Taxes | $907 | $10,884 |
| Electricity | $499 | $5,989 |
| Total | $7,462 | $89,544 |
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 |
|---|---|---|
| 2026-04-24 | Price change | $1,125,000 |
| 2026-01-06 | Price change | $1,150,000 |
| 2025-08-25 | Price change | $1,275,000 |
| 2025-06-17 | Listed for sale | $1,300,000 |
For Sale by Agent
View on Zillow