2795 Watergate Way, Kenai, AK, 99611
About This Home
Fall in love with this 3-level home on the Kenai River! Featuring 3 beds, 3 baths, a large 2-car garage, and a detached 864 sq ft shop with a setup for a hairdresser or your dream project. Enjoy breathtaking river, mountain, and inlet views. Enter through a heated patio or relax on the deck. Perfect for entertaining, with space for everyone and their gear. Just minutes from Kenai and Soldotna!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Construction materials: Wood Frame - 2x6,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Features
- Basement,BR/BA on Main Level,Ceiling Fan(s),Family Room,Vaulted Ceiling(s),Storage,Sun Room
- Flooring: Carpet,Tile,Vinyl
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Fireplace(s),Baseboard,Natural Gas
Interior Area
- Total structure area: 2,884
- Total interior livable area: 2,884 sqft
Property
Details
- Parcel number: 04936011
- Zoning: RR
- Zoning description: Rural Residential
Features
- Levels: Multi/Split
- Patio & porch: Deck/Patio
- Fencing: Fenced
- Has view: Yes
- View description: Inlet,Mountain(s),River
- Has water view: Yes
- Water view: Inlet,River
- On waterfront: Yes
- Waterfront features: Waterfront,River Front,River Access
- Waterbody name: Kenai River
- Topography of land: Bluff
Lot
- Lot size: 1.14 Acres
- Features: Fire Service Area,Landscaped,Road Service Area
Parking
- Total spaces: 3
- Parking features: RV Access/Parking,Attached,Detached,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 | $3,514 | $42,168 |
| Home Insurance | $232 | $2,784 |
| Property Taxes | $513 | $6,156 |
| Electricity | $480 | $5,769 |
| Total | $4,739 | $56,868 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-25 | Price change | $725,000 |
| 2025-10-27 | Price change | $749,000 |
| 2025-07-08 | Price change | $769,000 |
| 2025-04-09 | Listed for sale | $799,000 |
| 2025-04-02 | Listing removed | $799,000 |
| 2025-02-04 | Price change | $799,000 |
| 2025-01-02 | Listed for sale | $925,000 |
For Sale by Agent
View on Zillow