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62479 Skyline Dr, Homer, AK, 99603

5beds
4baths
4,938sqft
$1,100,000
$223price/sqft
$6,799/moest. monthly cost
$271,960/yrincome needed

About This Home

IMAGINE waking up to sweeping views that follow you from every deck, kitchen, & living room. Sunlight fills the home, bringing the outdoors in. Spend afternoons in the greenhouse, evenings unwinding in the sauna, & nights beneath the stars in a hot tub built for 12! With cozy cabins tucked into the trees & acres of Alaskan beauty all around, this property is a rare retreat unlike anything else!For the very first time, this remarkable estate is being offered to the market! Steeped in rich history and long cherished in the Homer area, this is your exclusive opportunity to own a truly special piece of Alaska. Discover an expansive tri-level home perfectly situated on 19.11 acres of breathtaking land. A rare find combining space, privacy, and endless potential. The previous owner had planted over 100 different varieties of native and domestic flowers and plants. Including a huge peony farm called Kachemak Seascape Peony Farm. The land surrounding is mostly protected and owned by Alaska Coastal Studies, creating a beauty and peace that words can't capture. This must be experienced in person to truly appreciate its breathtaking beauty! The main estate features: - 3 kitchens and 3 Light-filled living rooms, one on each level and each with their own exterior entrance. All featuring panoramic bay and mountain views from each living area - Perfect for multi-generational living or Bed and Breakfast use - Cozy fireplace and wood stove for warmth, plus sauna for relaxation - Sunroom with walls of windows bringing the outdoors in - Hot tub built for 12 with unmatched stargazing and views - One greenhouse connected to main house - Expansive decks and patios overlooking Kachemak Bay, Homer Spit, and Kenai Mountains Detached Structures and Guest Spaces: - Two dry cabins tucked into the trees- ideal as guest quarters, studio, or rental potential - Detached 3-car+ garage/shop (896 sq ft) with room for vehicles, gear, and hobbies - Barn/shop area for storage, projects, or livestock potential - The largest greenhouse you will ever need, perfect for year-round gardening - Private yard with rolling, sloping topography and wooded privacy - RV parking and plenty of space for Alaskan toys The features are endless, this estate is a true Homer Heirloom! While it may need a little polishing, its rich history, prime location, and unforgettable views promise a lifestyle like no other.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
10/10
Homer Middle SchoolGrades 7-84.2 mi
8/10
Homer High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1983

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Frame,See Remarks,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer &/Or Dryer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Basement,BR/BA on Main Level,BR/BA Primary on Main Level,Ceiling Fan(s),Sauna,Sun Room
  • Flooring: Carpet,Laminate
  • Fireplace features: Wood Burning Stove
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Fireplace(s),Electric,Oil,Wood

Interior Area

  • Total structure area: 4,938
  • Total interior livable area: 4,938 sqft

Property

Details

  • Parcel number: 17414068
  • Zoning: UNK
  • Zoning description: Unknown

Features

  • Levels: Multi/Split
  • Patio & porch: Deck/Patio
  • Exterior features: Private Yard
  • Spa features: Heated
  • Has view: Yes
  • View description: Glacier,Mountain(s),Ocean,Spit,Territorial,Unobstructed
  • Has water view: Yes
  • Water view: Ocean,Spit
  • Waterfront features: None,No Access
  • Topography of land: Rolling,Sloping

Lot

  • Lot size: 19.11 Acres
  • Features: Bluff,Views

Parking

  • Total spaces: 4
  • Parking features: RV Access/Parking,Detached,No Carport
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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
    AvalancheVery High
  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Wildfire

FEMA Declared Disasters in Kenai Peninsula 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 $5,562$66,744
Home Insurance $360$4,320
Property Taxes $54$648
Electricity $823$9,877
Total$6,799$81,588

Income You'd Need if You Spent...

35% on housing$233,108/yr
40% on housing$203,970/yr
45% on housing$181,306/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: -0.9%
-0.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$223This listing

vs Other Active Listings

Avg $/sqft

ZIP 99603$292
Kenai Peninsula Borough$249

vs Homes Sold Last Month

Median $/sqft

ZIP 99603
Kenai Peninsula Borough$277

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)

No zestimate history available

Price History

DateEventPrice
2026-01-08Price change$800,000
2025-09-04Listed for sale$1,100,000

For Sale by Agent

AgentJoslyn N Blanchard
BrokerageJack White Real Estate

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