1054 Krueth Way, Homer, AK 99603

$1,400,000
Property Type: Multi-Family Bedrooms: 7 Baths: 7 Square Footage: 5,472 Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $1,400,000 Last Modified: 6/23/2026

Overview

Description

Income opportunity with expansive views of Kachemak Bay and a prime in-town location. This versatile property features two separate structures, offering multiple options for rental income, owner occupancy, workspace, or multi-generational living.

Supplements: The main building includes a beautiful apartment with three bedrooms, three bathrooms, and a large tuck-under shop. The upper level offers two bedrooms, two bathrooms, and an incredible deck designed to take full advantage of the bay and mountain views. On the lower level, part of the garage has been thoughtfully converted into a bedroom/gym area a ...

Listing Details MLS# 26-7395

Contract Info

Price-List
1400000
Concessions YN
No
Date-Listing
2026-06-19
Foreclosure/Bank Own
No

Location Tax and Legal

Area
490 - Homer
Street #
1054
Street Name
Krueth
Arterial
Way
Closest USPS Town
Homer
State
AK
Zip Code
99603

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
7
Bathrooms Half
2
Bathrooms Three Quarter
2
Bathrooms Full
3
Bathrooms Total
7
Bldgs-Ttl #
2
Year Built
2016
Year Remodeled
2023
SF-Res
5472
Number of Units
3
SF-Lot
14374.8
Acres
0.33
Garage Spaces
2
Prkg Spcs
5
Lot Area Source
Tax Authority
Zoning
RR - Rural Residential

Directions and Remarks

Directions
Lake St or Ocean Drive to Lake St - Property is on the left hand side - Sign posted.

Building Info

Units- # of 2 BR
2
Units-# of 3 BR
Yes

Unit #1

Bath - Full
Yes
Bath-Half
Yes
Bath-Three Qtr
Yes
Bedroom
3

More Information

Unit #2

Bath - Full
Yes
Bath-Half
Yes
Bedroom
2

Unit #3

Bath - Full
Yes
Bath-Three Qtr
Yes
Bedroom
2
Extra Room
Yes

Property Features

Multi-Family Type: Other - See Remarks Exterior Finish: Metal; Wood Roof Type: Metal Foundation Type: Poured Concrete; Quad-Lock Construction Type: Wood Frame Garage Type: Attached; Heated; Tuck Under Carport Type: None Heating: Natural Gas; Radiant; Radiant Floor; Wood; Wood Stove Sewer-Type: Public Sewer Water Source: Public Access Type: Government; Maintained View Type: Bay; Mountains; Ocean; Spit Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Bay; Ocean Features-MultiFamily: In City Limits; Vaulted Ceiling(s); Washer/Dryer; Heated Sidewalks Flooring: Luxury Vinyl; Tile; Other Docs Avl for Review: As-Built Listing Terms Financing: 1031 Exchange; Cash; Conventional
IDX
Listing Office: Kachemak Real Estate Group Real Broker
Last Updated: June - 23 - 2026
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 the site owner are marked with 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. Site contains live data.