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2675 Kachemak Dr, Homer, AK, 99603

3beds
3baths
2,123sqft
$925,000
$436price/sqft
$6,081/moest. monthly cost
$243,240/yrincome needed

About This Home

Experience true waterfront living at High Tide Cottage, a stunning 3-bedroom, 3-bath home perched above Kachemak Bay with breathtaking views of the glacier, Homer Spit, and surrounding mountains. Wake each morning to unforgettable sunrises, watch eagles soar along the bluff, and enjoy the evening light illuminating the Spit like a spotlight at sunset.Located on one of Homer's most sought-after waterfront streets, this exceptional property offers a rare opportunity to own a front-row seat to Alaska's natural beauty. The sellers have thoughtfully enhanced the home with the addition of a garage, conversion of the wood-burning fireplace to a cozy gas fireplace, installation of a fenced backyard for pets, and an upgraded tankless hot water system. A setting and location like this rarely become available -- this is truly a must-see property.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

--
10/10
Homer Middle SchoolGrades 7-83.0 mi
8/10
Homer High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1989

Materials

  • Foundation: Concrete Perimeter,Sono Tubes
  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2022

Type & Style

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

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • BR/BA on Main Level,BR/BA Primary on Main Level,Family Room,Granite Counters,Pantry,Storage
  • Flooring: Carpet,Laminate
  • Fireplace features: Gas
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Floor Furnace,Natural Gas

Interior Area

  • Total structure area: 2,123
  • Total interior livable area: 2,123 sqft

Property

Details

  • Parcel number: 17936003
  • Zoning: RR
  • Zoning description: Rural Residential

Features

  • Patio & porch: Deck/Patio
  • Spa features: Heated
  • Has view: Yes
  • View description: Bay,Glacier,Inlet,Mountain(s),Ocean,Spit,Unobstructed
  • Has water view: Yes
  • Water view: Bay,Inlet,Ocean,Spit
  • On waterfront: Yes
  • Waterfront features: Waterfront,Bay/Harbor,Inlet,Ocean Front,Bay Access,Inlet Access,Ocean Access
  • Waterbody name: Kachemak Bay
  • Topography of land: Bluff,Level

Lot

  • Lot size: 0.72 Acres
  • Features: Fire Service Area,City Lot,Landscaped,Bluff,Road Service Area,Views

Parking

  • Total spaces: 2
  • Parking features: RV Access/Parking,Detached,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
    AvalancheVery High
  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Tsunami
    TsunamiRelatively High
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Tsunami
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 $4,677$56,124
Home Insurance $303$3,636
Property Taxes $748$8,976
Electricity $353$4,246
Total$6,081$72,972

Income You'd Need if You Spent...

35% on housing$208,491/yr
40% on housing$182,430/yr
45% on housing$162,160/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

$436This listing

vs Other Active Listings

Avg $/sqft

ZIP 99603$283
Kenai Peninsula Borough$247

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)

Price History

DateEventPrice
2026-05-14Listed for sale$925,000
2018-10-05Sold--
2018-08-29Pending sale$515,000
2018-08-27Listed for sale$515,000
2003-03-17Sold--

For Sale by Agent

AgentGina Pelaia
BrokerageBerkshire Hathaway HomeServices Alaska Realty

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