Waterfront

Homer, AK Waterfront Land for Sale

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Anchor Point, AK Seldovia, AK Ninilchik, AK
12 properties
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Waterfront Land with Bay Views
Updated: Jun 18
Waterfront Land with Bay Views

0000 Sterling Hwy, Homer, AK 99603

$2,250,000
38.00 AC lot
Four parcels totaling approximately 38 acres overlooking Kachemak Bay
Views include Homer Spit and surrounding mountains
Waterfront setting above Kachemak Bay with panoramic bay and mountain scenery
Multiple parcel configuration offers flexibility for a private estate, family property, or development
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Waterfront Land with Unfinished Structures
Updated: Apr 27
Waterfront Land with Unfinished Structures

44956 Bear Ave, Homer, AK 99603

$265,000
8.00 AC lot
Just over 8 acres of waterfront property on Kachemak Bay on Bear Island
Includes a beach along Kachemak Bay
Easy access for coming and going by boat
Two existing structures on the property, both unfinished
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Waterfront View Land Parcel
Waterfront View Land Parcel

2419 Judy Rebecca Ct, Homer, AK 99603

$129,000
0.41 AC lot

Unobstructed vistas of Kachemak Bay and surrounding mountains make this city-limits parcel well suited for waterfront development.

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See what stands out in Kenai Peninsula Borough

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Cleared Waterfront Home Site
Cleared Waterfront Home Site

32521 Linda Ln, Homer, AK 99603

$135,000
1.16 AC lot

A ready-to-build parcel with a gravel pad and utilities positioned for a straightforward residential build.

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Waterfront View Land Parcel
Waterfront View Land Parcel

191 Tulin Bluff West Ct, Homer, AK 99603

$280,000
1.26 AC lot

Waterfront land totaling 1.26 acres with views of mountains and Kachemak Bay.

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Waterfront View Lot Subdivision
Waterfront View Lot Subdivision

1004 Lillian Dr, Homer, AK

$125,000
0.50 AC lot

Build-ready half-acre lot subdivision with paved roads and city water and sewer near Kachemak Bay vistas.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Waterfront Land with Private Waterfall
Waterfront Land with Private Waterfall

62910 Bay Ave, Homer, AK 99603

$525,000
5.00 AC lot

Waterfront inholding with coastal frontage, a year-round waterfall, and a partially completed workshop for off-grid development.

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Waterfront Land Lot Subdivision
Waterfront Land Lot Subdivision

1099 Robert Ave, Homer, AK 99603

$125,000
0.50 AC lot

Half-acre subdivision lot with paved roads and city water and sewer, offering Kachemak Bay and Cook Inlet views.

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Waterfront Land with Airstream Retreat
Waterfront Land with Airstream Retreat

253 E Bunnell Ave, Homer, AK 99603

$165,000

Waterfront land offered as-is, featuring a private on-site Airstream trailer for a ready-to-enjoy coastal setup.

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Land
Land

2580 Rene Ct, Homer, AK 99603

$495,000

Waterfront Land

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Vacant Land
Vacant Land

L2 Lupas Avenue, Homer, AK 99603

$375,000

Waterfront Land

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Land/Lot
Land/Lot

57715 Abbas Ct, Homer, AK 99603

$165,000

Residential land & home lots

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Homer, AK, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Vacant Land
Vacant Land

16125 Denali Cir, Ninilchik, AK 99639

$285,000

Waterfront Land

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Land/Lot
Land/Lot

32775 Shorebird Ln, Anchor Point, AK 99556

$250,000

Waterfront Land

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Waterfront Recreation Land
Waterfront Recreation Land

64427 Trail Rd, Anchor Point, AK 99556

$73,500

Nearly 5 acres of waterfront land with space and direct access to nearby trails for outdoor recreation.

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Forest Waterfront Recreation Land
Forest Waterfront Recreation Land

68650 Homestead Road, Ninilchik, AK 99639

$55,000

Large forested acreage slopes down to Happy Creek with established old-growth trees and nearby underground power.

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Homer, AK Waterfront Land Market Trends and Statistics

Explore 12 waterfront land for sale in Homer, AK, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 2,388,395 square feet of properties for sale, with an estimated market value of $5,034,000.

Sale prices for water rights properties in Homer, AK start at $125,000, averaging $419,500, and reaching up to $2,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 33
Waterfront Land 13
Commercial land 6
Industrial land 4
Recreation land 2

Demographics Overview

Population 12K
Population Growth (5Y) +10.0%
Median Household Income $76,368
College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Homer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
99603 $446.3K

Taxes & Financing

Tax Rate (average for all types) 1.03%
Property Tax per SF $21.48 per SF
Tax Rate vs County Average 0.12 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kenai Peninsula Borough

New Delisted

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