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2675 Watergate Way, Kenai, AK, 99611

4beds
3baths
3,244sqft
$745,000
$230price/sqft
$4,872/moest. monthly cost
$194,880/yrincome needed

About This Home

Beautiful, well-maintained home with wonderful overlook views of the Kenai River and ACCESS! Designed with accessibility in mind, it features wide doorways and spacious hallways, generous square footage all on one floor, and beautiful landscaping. Don't miss this opportunity to make it yours! *Inside photos coming 7/27*

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

10/10
6/10
Kenai Middle SchoolGrades 6-83.2 mi
6/10
Kenai Central High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Frame,Wood Siding

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • BR/BA on Main Level,BR/BA Primary on Main Level,Ceiling Fan(s),Central Vacuum,Den &/Or Office,In-Law Floorplan,Laminate Counters,Pantry,Soaking Tub,Vaulted Ceiling(s)
  • Flooring: Carpet,Luxury Vinyl,Tile
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Radiant Floor

Interior Area

  • Total structure area: 3,244
  • Total interior livable area: 3,244 sqft

Property

Accessibility

  • Accessibility features: Handicap Accessible

Details

  • Parcel number: 04943003
  • Zoning: UNK
  • Zoning description: Unknown

Features

  • Has spa: Yes
  • Spa features: Bath
  • Has view: Yes
  • View description: Mountain(s),River
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: Waterfront,Waterfront Access,River Front,River Access
  • Waterbody name: Kenai River
  • Topography of land: Bluff,Level

Lot

  • Lot size: 0.94 Acres
  • Features: City Lot,Views

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Attached,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

  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Wildfire
    WildfireRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Earthquake
Winter Weather
Wildfire
Tsunami

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 $3,767$45,204
Home Insurance $248$2,976
Property Taxes $317$3,804
Electricity $540$6,489
Total$4,872$58,464

Income You'd Need if You Spent...

35% on housing$167,040/yr
40% on housing$146,160/yr
45% on housing$129,920/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 99611$191
Kenai Peninsula Borough$248

vs Homes Sold Last Month

Median $/sqft

ZIP 99611
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
2026-07-27Listed for sale$745,000

For Sale by Agent

AgentTennessee Walker
BrokerageJack White Real Estate Soldotna

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