Cheap homes for sale & real estate in Kenai Peninsula Borough, AK

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ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
2 level home located a short distance to some of the best recreational and hunting areas on the Peninsula. Home has just had interior paining and is move in ready. Newly added bonus room above garage. This area brings privacy and quietness.

$299,500

3 beds2 baths2,116 sq ft

16990 Foste McMann Rd, Ninilchik, AK 99639

0.95 acre lot • 2 garage spots • Built 2005

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Ready to bring your vision to life? This residential-ready lot has a solid foundation and walls already started—plus road access, electric, well, and septic in place. Surrounded by natural beauty, it's the perfect canvas for your dream home or cabin. With great fishing nearby and a Connex and motorhome on-site, your ideal retreat is within reach!

$50,000

0 beds— baths672 sq ft

50955 Vandevere Dr, Nikiski, AK 99611

Septic • Solid foundation • Well

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Introducing The Daisy — the latest custom build from Home Grown Construction. This thoughtfully designed 1,075 sq ft, 2-bedroom, 2-bathroom home is brimming with creative details and quality craftsmanship. Step inside to vaulted ceilings and picture windows that flood the space with natural light. The kitchen is outfitted with stainless steel appliances, while the bathrooms showcase custom tile work. Built to rigorous 5-Star Energy Standards (PUR 101), the home features natural gas heat, an on-demand water heater, and efficient, unmetered public water through Alaska Village Safe Water Corporation. Exterior highlights include durable HardiPlank fiber cement siding with charming cedar a

$349,000

2 beds2 baths1,075 sq ft

34405 Birch St, Anchor Point, AK 99556

Picture windows • Custom tile work • Walk-in shower

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
CABIN IN THE WOODS. Enjoy Alaska's summer adventures with room for friends! Cute cabin with additional bunkhouse, both with full bathrooms and a shop/garage. Peek-A-Boo views of the inlet and mountains. Store your boat in the garage and be ready for FISHING ALL SUMMER. Most furnishings will remain with purchase.

$250,000

2 beds2 baths822 sq ft

57541 Clam Diggers Ave, Clam Gulch, AK 99568

Shop garage • Additional bunkhouse • Peek a boo views

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Here is your brand new, stylish, quality-built landing pad in Homer! This beautiful 1 BR/1 BA residence has been crafted with exquisite care and artistry. Enjoy residing here while you plan and build your dream home on this beautiful 1.27-acre parcel with gorgeous views of Kachemak Bay, mountains and glaciers! The lot includes a 4-bedroom septic system and a lovely cleared & level building site.

$439,000

1 bed1 bath670 sq ft

38834 Triple Crown Rd, Homer, AK 99603

1.27 acre lot • Garage • Built 2025

Property at 35839 Irons Ave, Soldotna, AK 99669, 2 beds, 1 bath

$125,000

2 beds1 bath672 sq ft

35839 Irons Ave, Soldotna, AK 99669

Property at 35077 Kalifornsky Beach Rd, Kenai, AK 99611, 3 beds, 3 baths

$450,000

3 beds3 baths2,900 sq ft

35077 Kalifornsky Beach Rd, Kenai, AK 99611

Property at 36675 Guth Cir, Soldotna, AK 99669, 3 beds, 2.5 baths

$425,000

3 beds2.5 baths2,560 sq ft

36675 Guth Cir, Soldotna, AK 99669

Property at 73790 Cuffel Ditton Rd, Anchor Point, AK 99556, 1 bed

$145,000

1 bed— baths320 sq ft

73790 Cuffel Ditton Rd, Anchor Point, AK 99556

Property at 18242 Loveall Loop, Clam Gulch, AK 99568

$130,000

0 beds— baths1,216 sq ft

18242 Loveall Loop, Clam Gulch, AK 99568

Property at 12492 Camelot Dr, Seward, AK 99664, 3 beds, 2 baths

$449,000

3 beds2 baths2,048 sq ft

12492 Camelot Dr, Seward, AK 99664

Property at 50227 Terry Ray Ave, Nikiski, AK 99611, 1 bed, 1 bath

$130,000

1 bed1 bath1,035 sq ft

50227 Terry Ray Ave, Nikiski, AK 99611

Property at 28521 Bunno Rd, Sterling, AK 99672, 2 beds, 1 bath

$179,000

2 beds1 bath896 sq ft

28521 Bunno Rd, Sterling, AK 99672

Property at 30499 Arc Loop Rd, Soldotna, AK 99669, 1 bed, 1 bath

$199,900

1 bed1 bath473 sq ft

30499 Arc Loop Rd, Soldotna, AK 99669

Property at Mile 8 Hope Hwy, Hope, AK 99605, 1 bed

$250,000

1 bed— baths400 sq ft

Mile 8 Hope Hwy, Hope, AK 99605

Property at 000 Fox Crk, Homer, AK 99603, 1 bed

$105,000

1 bed— baths400 sq ft

000 Fox Crk, Homer, AK 99603

Property at 39245 Ten Mar Ave, Soldotna, AK 99669, 3 beds, 2.5 baths

$350,000

3 beds2.5 baths1,807 sq ft

39245 Ten Mar Ave, Soldotna, AK 99669

Property at 64111 Nikolaevsk Rd, Nikolaevsk, AK 99556, 1 bed, 1 bath

$99,000

1 bed1 bath1,000 sq ft

64111 Nikolaevsk Rd, Nikolaevsk, AK 99556

Property at 34955 Lowbush St, Homer, AK 99603, 2 beds, 1 bath

$359,000

2 beds1 bath960 sq ft

34955 Lowbush St, Homer, AK 99603

Property at 40996 Woodman Ln, Homer, AK 99603, 2 beds, 2 baths

$360,000

2 beds2 baths1,296 sq ft

40996 Woodman Ln, Homer, AK 99603

Property at 35196 Nordic Ct, Anchor Point, AK 99556, 6 beds, 5 baths

$395,000

6 beds5 baths3,412 sq ft

35196 Nordic Ct, Anchor Point, AK 99556

Property at 56062 Lasalle Ave, Homer, AK 99603, 1 bed

$239,950

1 bed— baths558 sq ft

56062 Lasalle Ave, Homer, AK 99603

Property at 37410 Golden Rod Loop, Kenai, AK 99635, 2 beds

$139,000

2 beds— baths640 sq ft

37410 Golden Rod Loop, Kenai, AK 99635

Property at 38835 Pinewood Ave, Sterling, AK 99672, 3 beds, 2 baths

$399,000

3 beds2 baths1,814 sq ft

38835 Pinewood Ave, Sterling, AK 99672

Property at 38916 Ian Cir, Sterling, AK 99672, 2 beds, 2 baths

$415,000

2 beds2 baths1,321 sq ft

38916 Ian Cir, Sterling, AK 99672

Property at 24220 Sterling Hwy, Ninilchik, AK 99639, 3 beds, 1 bath

$200,000

3 beds1 bath1,261 sq ft

24220 Sterling Hwy, Ninilchik, AK 99639

Property at 68021 Jolly Ave, Anchor Point, AK 99556, 1 bed, 1 bath

$270,000

1 bed1 bath492 sq ft

68021 Jolly Ave, Anchor Point, AK 99556

Property at 12210 Sterling Hwy, Ninilchik, AK 99639, 1 bed, 1 bath

$190,000

1 bed1 bath984 sq ft

12210 Sterling Hwy, Ninilchik, AK 99639

Property at 34655 Sockeye Ln, Sterling, AK 99672, 3 beds, 1 bath

$435,000

3 beds1 bath944 sq ft

34655 Sockeye Ln, Sterling, AK 99672

Property at 34704 Dolly Way, Sterling, AK 99672, 1 bath

$335,000

0 beds1 bath540 sq ft

34704 Dolly Way, Sterling, AK 99672

Property at 73956 Desa Ave, Anchor Point, AK 99556, 3 beds, 2 baths

$330,000

3 beds2 baths1,512 sq ft

73956 Desa Ave, Anchor Point, AK 99556

Property at 48105 Halverson Ave, Soldotna, AK 99669, 1 bed, 1 bath

$399,999

1 bed1 bath1,660 sq ft

48105 Halverson Ave, Soldotna, AK 99669

Property at 63550 Jessica G Ct, Ninilchik, AK 99639, 1 bed, 1 bath

$177,000

1 bed1 bath1,024 sq ft

63550 Jessica G Ct, Ninilchik, AK 99639

Property at 53245 Coyote Ln, Kenai, AK 99611, 2 beds, 2.5 baths

$335,000

2 beds2.5 baths3,224 sq ft

53245 Coyote Ln, Kenai, AK 99611

Property at 2109 Beauregard Ct, Homer, AK 99603, 3 beds, 2 baths

$412,000

3 beds2 baths1,087 sq ft

2109 Beauregard Ct, Homer, AK 99603

Property at 36916 York Dr, Soldotna, AK 99669, 2 beds, 0.5 baths

$154,500

2 beds0.5 baths720 sq ft

36916 York Dr, Soldotna, AK 99669

Property at 36339 Maria Rd, Homer, AK 99603, 1 bed, 1 bath

$365,000

1 bed1 bath818 sq ft

36339 Maria Rd, Homer, AK 99603

Property at 408 Haller St, Kenai, AK 99611, 6 beds, 2 baths

$395,000

6 beds2 baths2,224 sq ft

408 Haller St, Kenai, AK 99611

Property at 000 Barbara St, Sterling, AK 99672, 1 bed, 1 bath

$225,000

1 bed1 bath384 sq ft

000 Barbara St, Sterling, AK 99672

Property at 11091 Crestline Ln, Clam Gulch, AK 99568, 2 beds, 2 baths

$399,900

2 beds2 baths1,200 sq ft

11091 Crestline Ln, Clam Gulch, AK 99568

Property at 17185 Lunchbox Dr, Ninilchik, AK 99639, 2 beds, 2 baths

$285,000

2 beds2 baths416 sq ft

17185 Lunchbox Dr, Ninilchik, AK 99639

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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. (AKMLS). Real estate listings held by brokerage firms other than Redfin are marked with either the listing brokerage's logo or the AKMLS 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. Redfin does not display the entire AKMLS IDX Listing Content Database on this web site. The listings of some real estate brokerages have been excluded. Copyright 2025 Alaska Multiple Listing Service Inc.

Cheap Homes for Sale in Kenai Peninsula Borough

There are currently 605 cheap homes for sale in Kenai Peninsula Borough at a median listing price of $430K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Kenai Peninsula Borough stay on the market for 99 days. This map is refreshed with the newest listings in Kenai Peninsula Borough every 15 minutes.

In the past month, 70 homes have been sold in Kenai Peninsula Borough. In addition to houses in Kenai Peninsula Borough, there were also 5 condos, 0 townhouses, and 14 multi-family units for sale in Kenai Peninsula Borough last month. Find your dream home in Kenai Peninsula Borough using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Kenai Peninsula Borough are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Kenai Peninsula Borough. If you're looking to sell your home in the Kenai Peninsula Borough area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Kenai Peninsula Borough with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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