$1,585,000

54532 Pheasant Ave Homer, AK 99603

$10,000
Closing credit¹
10 beds
8 full
5,779 sqft
2.0 acres
$274 / sqft
Multi-Family

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

Home typeMulti Family
HeatingForced Air, Kerosene, Oil, Propane
StatusActive
Size5,779 sqft
Lot size2 Acres
Year built1999
MLS #25-2210
ViewMountain(s), Ocean, Spit

Summary

  • 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

IDXThe 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: 3/14/2025, 12:50:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of property featuring a deck, metal roof, a yard, and log exterior

$1,585,000

54532 Pheasant Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,105. Most Homer, AK residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

33%
<35k
47%
35k-100k
19%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

42%
Single, No Kids
10%
Single, with Kids
30%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
52%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Homer, AK

About 54532 Pheasant Ave

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 $1,585,000.

The number of listings in Homer, AK increased by 11.3% between January and February 2025. While the average time on the market in February 2025 was 189 days, the median list price was $498,000.

From Rocket Homes Real Estate and based on county public records data.

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