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
- 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: 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.
Get an agent. Get a mortgage. Save big.¹

$1,585,000
54532 Pheasant Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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.