54532 Pheasant Ave Homer, AK 99603
Property details
About 54532 Pheasant Ave
Looking for an investment property with the idyllic Alaskan log homes? Four standalone private cabins that have been recently updated and remodeled. The perfect opportunity to get established and begin booking or renting before the busy season! Each unit has spectacular views of Kachemak Bay through giant windows, large decks for relaxing, & warm propane fireplaces & vaulted ceilings. The main lodge is perched at the top of the property and is a large 4-bedroom 2 bath home that has been beautifully updated and furnished. The three other buildings are duplex-style log chalets with one bedroom and one bath in each unit. Each unit features its own kitchen, and washer/dryer hookups. The larger cabin and two others are being sold furnished. This is a great opportunity to invest in Homer! Live in one unit, enjoy all the lower Kenai Peninsula has to offer while renting out the other three units. With a total of seven units this investment opportunity is ideal for both short term AND long term rentals.
Highlights
Summary
- Full Bathrooms: 8
- Flooring Type: Luxury Vinyl Plank
- Total Bedroom Count: 10
- Attached Garage: No
- View: Mountain(s), Ocean, Spit
- Heating: Forced Air, Kerosene, Oil, Propane
- List Price: $1,450,000
- Price/SqFt: $250
- Annual Tax Amount: $7,717
- Tax Year: 2024
- Directions: 9.2 miles East End Road to Walters St. Right on Walters, first st to the right and is the first property on the right.
- Year Built: 1999
- Living Area: 5,779 SqFt
- Lot Size: 2 Acres
- MLS Number: 25-2210
- MLS Name: Alaska Multiple Listing Service
- Office Name: Kachemak Keller Williams Realty Alaska Group
- Office Phone: (907) 235-7733
- Office Email: info@kachemakgroup.com
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage.
All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/25/2025, 4:40:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $713,300 | $7,717 |
| 2023 | $663,800 | $7,620 |
| 2022 | $640,600 | $7,559 |
| 2021 | $650,100 | $7,437 |
| 2020 | $642,200 | $7,025 |
History based on county public records data.
Nearby schools
7
McNeil Canyon Elementary School
Public District KG-6
2.6 mi
•52188 E End Rd
7
Fireweed Academy
Public Charter KG-6
10.5 mi
•995 Soundview Ave
6
West Homer Elementary School
Public District 3-6
10.5 mi
•995 Soundview Ave Ste 1
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,105. Most Homer, AK residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
Frequently asked questions
Living in Homer, AK
Transport in Homer includes a network of roads that connect residents to the rest of the Kenai Peninsula and beyond. Public transportation options are available, with schedules designed to accommodate the needs of the community. The area is known for its walkable downtown and the Spit, which are friendly to pedestrians and cyclists alike. Ride-sharing services are present, complementing the existing transport infrastructure and providing additional mobility solutions for residents and visitors.
The community benefits from a selection of essential services, including public schools that serve different age groups, healthcare facilities equipped to provide primary care and emergency services, and a public library that serves as a hub for learning and local culture. Retail and dining experiences are reflective of the local culture, with an emphasis on seafood and locally-sourced ingredients. The town is responsive to the needs of its residents, with services evolving to meet the demands of its growing population.
Homer is celebrated for its artistic community and the iconic Homer Spit, a long strip of land reaching into the bay that's lined with shops and restaurants. The town prides itself on its connection to nature, with numerous outdoor activities such as fishing, hiking, and wildlife viewing that define the local lifestyle. Annual events like the Homer Halibut Festival reflect the town's maritime heritage and tight-knit community spirit.
Homer's housing market offers a scenic blend of rustic and contemporary styles, with single-family homes dotting the landscape, many providing stunning views of Kachemak Bay. The market is diverse, with a mix of older, cabin-style homes and newer constructions that reflect the region's natural aesthetic. While single-family homes are prevalent, there are also options for those seeking condominiums or townhouses, accommodating a range of lifestyle preferences.
About 54532 Pheasant Ave
The listing price of 54532 Pheasant Ave property is $1,450,000.
The property 54532 Pheasant Ave is a multi located in Homer, Alaska, 99603.
Active Listing: 54532 Pheasant Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 54532 Pheasant Ave are: McNeil Canyon Elementary School (GreatSchools Rating 7/10), Fireweed Academy (GreatSchools Rating 7/10), West Homer Elementary School (GreatSchools Rating 6/10), Homer Middle School (GreatSchools Rating 8/10), Chapman School (GreatSchools Rating 3/10), Homer Flex School (GreatSchools Rating 6/10), Homer High School (GreatSchools Rating 8/10), Voznesenka School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $7,717 (source: MLS/based on county public records data).
The property 54532 Pheasant Ave is 5,779 SqFt (source: MLS/tax record).
The year of construction for 54532 Pheasant Ave is 1999.
This home is located at 54532 Pheasant Ave in Homer, AK and zip code 99603. This 5,779 square foot home, which was built in 1999, sits on a 2.00 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $1,450,000.
Between May and June 2025, Homer, AK real estate market has seen increase in the number of listings by 4.5%. Listings spent 147 days on the market in June 2025, and had a median list price of $499,000 during the same period.