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230 Kachemak St, Seldovia, AK, 99663

3beds
2baths
1,122sqft
$475,000
$423price/sqft
$2,925/moest. monthly cost
$117,000/yrincome needed

About This Home

Rare opportunity to own one of Seldovia's iconic waterfront properties. Set on approximately 0.20 acres, nearly four times the size of many neighboring lots. This historic Waterfront Commercial Residential property offers unmatched potential. This is an older home and has been remodeled. For the right buyer, it's a chance to preserve a piece of Seldovia's history while creating a lasting legacy.There are properties you purchase for convenience. Then there are properties you purchase because you know you'll never find another one quite like it. This is one of those rare places. Stretching along Seldovia's iconic waterfront, where the tides rise and fall beneath weathered pilings and fishing skiffs, boats and kayakers have come and gone for generations, this property has quietly been part of the town's story for decades. Its location alone is something that simply couldn't be recreated today. Occupying approximately 0.20 acres--nearly four times the size of many neighboring waterfront parcels--this Waterfront Commercial Residential zoned property offers an exceptional footprint in one of Seldovia's most recognizable settings. It has served as both a family home and a commercial space, proving over the years that it can comfortably adapt to changing needs and new ideas. Step inside and you'll find spaces designed around the water. Two main-floor bedrooms greet the morning with sunrise views across the slough, while upstairs, a private guest retreat sleeps four with its own exterior entrance, making it ideal for visiting family or guests, there is even a half bath in the attic alongside this room! Tucked above the downstairs main bathroom, an unfinished attic hideaway offers one more cozy sleeping space where the sound of rain on the roof becomes part of the experience. The spacious kitchen, complete with two refrigerators, was made for gathering. Friends drift in and out, meals stretch a little longer, and windows frame the quiet activity along Kachemak Drive. Just beyond, the generous living room opens through French doors to a deck of more than 400 square feet suspended above the slough. Here you'll watch salmon move with the tide, fishermen cast from the bridge, eagles pass overhead, and the seasons unfold from one of the best seats in town. This isn't simply a waterfront home. It's a place with history. Long before "mixed-use" or "live-work" became popular concepts, this property was already doing both. It welcomed neighbors, visitors, customers, and family, becoming part of the daily rhythm of life along the waterfront. There are few, if any, properties in Seldovia that offer this combination of size, waterfront location, flexible zoning, and historical significance. The opportunities are as varied as the visions buyers bring with them--whether that's a distinctive private residence, guest accommodations, a gallery, boutique business, studio, or a thoughtful blend of residential and commercial use. The owners have invested in meaningful improvements while preserving the property's rustic character, but this is an older waterfront building and it deserves an owner who understands what that means. Buyers should expect to invest additional time, vision, and resources into its continued care. For the right person, that investment isn't simply maintenance, it's the privilege of preserving a place that has already stood the test of time. Some buyers will see an older building. Others will see something much harder to find: an opportunity to become the next steward of one of Seldovia's iconic waterfront properties. Properties like this are measured less by square footage than by the memories they've held, the possibilities they offer, and the fact that there simply aren't many left. Once this chapter closes, it may be many years before another opportunity like it comes along.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

7/10
Susan B English SchoolGrades PK-120.4 mi

Construction

Condition

  • Year built: 1945

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Frame,Wood Siding

Notable Dates

  • Major remodel year: 2009

Type & Style

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

Interior

Appliances

  • Laundry features: Washer &/Or Dryer Hookup

Bedrooms & Bathrooms

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

Features

  • BR/BA on Main Level
  • Flooring: Laminate
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Oil

Interior Area

  • Total structure area: 1,122
  • Total interior livable area: 1,122 sqft

Property

Details

  • Parcel number: 19206707
  • Zoning: WCR
  • Zoning description: Waterfront Commercial Residential

Features

  • Patio & porch: Deck/Patio
  • Has view: Yes
  • View description: Mountain(s),Unobstructed
  • On waterfront: Yes
  • Waterfront features: Waterfront,Slough/Estuary,Bay Access,Lake Privileges
  • Waterbody name: Seldovia Slough
  • Topography of land: Sloping

Lot

  • Lot size: 8,712 sqft
  • Features: Fire Service Area,City Lot,Road Service Area

Parking

  • Parking features: No Garage,No Carport

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
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Landslide
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 $2,401$28,812
Home Insurance $192$2,304
Property Taxes $14$168
Electricity $318$3,820
Total$2,925$35,100

Income You'd Need if You Spent...

35% on housing$100,285/yr
40% on housing$87,750/yr
45% on housing$78,000/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

$423This listing

vs Other Active Listings

Avg $/sqft

ZIP 99663$196
Kenai Peninsula Borough$248

vs Homes Sold Last Month

Median $/sqft

ZIP 99663
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
2026-07-16Listed for sale$475,000

For Sale by Agent

AgentJenny F Chissus
BrokerageSeldovia Property

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