1139 De Graffenried Ct, Homer, AK, 99603
About This Home
Unique, lodge style home on 1.1-acre view property overlooking Cook Inlet and Kachemak Bay. The centerpiece of the home is a stunning, 3-story, stone fireplace made from rocks collected from a quarry near the Russian River on the KenaiPeninsula. 5,760 ft 2 of living space with attached 600 ft 2 2-car garage. Designed for 8 bedrooms, 6-1/2 bathrooms. Unfinished, ongoing project since 1984. Thishome will be gorgeous once completed. It has vaulted ceilings in the Entry, the main floor Great Room, Master Bedroom, Kitchen, and 3 bedrooms. The entry exterior and chimney are made of round granite stones from the local Bishop's Beach. Locally milled 3/4" knotty pine tongue and grove is featured throughout the main floor as accents on walls, view windows, and dormer trim. Must be seen to capture the vision of what this home could be as pictures show an incomplete home is disrepair. However, completing the home allows a new owner to add their own flair to the Kitchen (no permanent cabinets or appliances), bathrooms, and much of the flooring throughout. The 2nd Phase of the home has in-floor heating. The 1 st Phase has electrical baseboard and needs to be updated to boiler, baseboard heating. A news boiler was installed in 2025. Completion of the home is required throughout. Major work needed includes a new roof, completion of the home's exterior, and completion of the lower floor.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Foundation: Block,Concrete Perimeter
- Roof: Shake
- Construction materials: Wood Frame - 2x4,Wood Frame - 2x6,Masonry,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 7
- 3/4 bathrooms: 6
- 1/2 bathrooms: 1
Features
- Arctic Entry,Basement,BR/BA on Main Level,BR/BA Primary on Main Level,Family Room,Pantry,Vaulted Ceiling(s)
- Flooring: Ceramic Tile
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating
- Heating features: Fireplace(s),Baseboard,Natural Gas,Radiant Floor
Interior Area
- Total structure area: 5,760
- Total interior livable area: 5,760 sqft
Property
Details
- Parcel number: 17502087
- Zoning: UNK
- Zoning description: Unknown
Features
- Waterfront features: None,Bay Access
- Topography of land: Sloping
Lot
- Lot size: 1.10 Acres
Parking
- Total spaces: 2
- Parking features: 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
- Avalanche
- Earthquake
- Winter Weather
- Tsunami
- Wildfire
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 | $2,578 | $30,936 |
| Home Insurance | $167 | $2,004 |
| Property Taxes | $237 | $2,844 |
| Electricity | $960 | $11,522 |
| Total | $3,942 | $47,304 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $510,000 |
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