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261 River Watch Dr, Soldotna, AK, 99669

4beds
3baths
2,848sqft
$664,500
$233price/sqft
$4,450/moest. monthly cost
$178,000/yrincome needed

About This Home

WELCOME TO RIVERWATCH SUBDIVISION! Dave Petersen built custom home of 2848 sf, 4 beds, 2.5 baths, office, family/office, gas fireplace, hardwood floors, quality built-in shelves & high vaulted ceilings. HOT TUB behind a privacy fence wall, fenced dog kennel, Trex deck, paved driveway & lovely yard. IDEAL LOCATION near Kenai Riverfront homes. Walk to schools, hospital & serene Peace Crane Gardens.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

5/10
Redoubt Elementary SchoolGrades PK-60.4 mi
7/10
Connections HomeschoolGrades K-121.2 mi
5/10
Soldotna High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1997

Materials

  • Foundation: Block
  • Roof: Asphalt,Composition,Shingle
  • Construction materials: Wood Frame - 2x6,Wood Siding

Notable Dates

  • Major remodel year: 2006

Other

  • Builder name: Dave Petersen

Type & Style

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

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • BR/BA on Main Level,Ceiling Fan(s),Central Vacuum,Den &/Or Office,Family Room,Granite Counters,Pantry,Soaking Tub,Vaulted Ceiling(s)
  • Window features: Window Coverings
  • Flooring: Carpet,Hardwood,Linoleum,Tile
  • Fireplace features: Gas,Fire Pit
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Baseboard,Natural Gas,Radiant Floor

Interior Area

  • Total structure area: 2,848
  • Total interior livable area: 2,848 sqft

Property

Details

  • Parcel number: 05930109
  • Zoning: UNK
  • Zoning description: Unknown

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio
  • Exterior features: Kennel
  • Spa features: Heated
  • Waterfront features: None,No Access
  • Topography of land: Level

Lot

  • Lot size: 0.49 Acres
  • Features: Covenant/Restriction,Fire Service Area,City Lot,Landscaped,Road Service Area

Parking

  • Total spaces: 2
  • Parking features: Garage Door Opener,Paved,RV Access/Parking,Attached,Heated Garage,No Carport
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Wildfire
Inland Flooding

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 $3,360$40,320
Home Insurance $213$2,556
Property Taxes $403$4,836
Electricity $474$5,696
Total$4,450$53,400

Income You'd Need if You Spent...

35% on housing$152,571/yr
40% on housing$133,500/yr
45% on housing$118,666/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

$233This listing

vs Other Active Listings

Avg $/sqft

ZIP 99669$251
Kenai Peninsula Borough$248

vs Homes Sold Last Month

Median $/sqft

ZIP 99669
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
2026-03-01Listed for sale$677,500
2026-02-21Pending sale$677,500
2026-02-17Listed for sale$677,500

For Sale by Agent

AgentKelly D Griebel
BrokerageCentury 21 Realty Solutions Freedom Branch

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