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

604 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Treed Lot in Downtown Homer near the Hospital with Urban Residential Zoning. Many Options for Developing the Lot into a single-family home, multi-family dwellings or offices. Utilities are Nearby and all assessment are paid. Make your Move to Soundview! The adjoining lot is also available MLS# 25-11552.

$115,000

— beds— baths— sq ft

435 Soundview Ave, Homer, AK 99603

Utilities are nearby • Treed lot • 0.23 acre lot

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Treed Lot in Downtown Homer near the Hospital with Urban Residential Zoning. Many options for Developing the Lot into a single-family home, multi-family dwellings or offices. Utilities are Nearby and all assessment are paid. Make your Move to Soundview! The adjoining lot is also available MLS# 25-11554.

$115,000

— beds— baths— sq ft

421 Soundview Ave, Homer, AK 99603

Downtown homer • Utilities are nearby • Treed lot

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
This is a Fantastic Opportunity to own 4.5 Acres near the village of Nikolaevsk. It is on a Maintained Road with Electricity and Public Water nearby. Don't miss this Easily Accessible Opportunity to own your own Land!

$20,500

— beds— baths— sq ft

64195 Bolotna Rd, Nikolaevsk, AK 99556

Maintained road • Electricity • Easily accessible

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Residential Lot Near River Access This 0.929-acre residential lot is the perfect place to build your dream home. Conveniently located near the river and public boat launch, it offers easy access to recreation and the outdoors. Utilities are close by, with electric and natural gas available nearby, making development straightforward. A great opportunity to own land in a desirable location!

$75,000

— beds— baths— sq ft

Lot 5 Bent Rod Ct, Sterling, AK 99672

Utilities available • Public boat launch • River access

ABOUT THIS HOME
Cheap Home for sale in Kenai Peninsula Borough, AK:
Prime Commercial Land Opportunity This 0.963-acre vacant parcel offers an excellent location with high visibility from the highway, making it ideal for a wide range of commercial uses. Situated close to popular boating and recreation areas, the property combines convenient access with strong traffic exposure, whether you're looking to build a business, invest or develop.

$375,000

— beds— baths— sq ft

Lot 1 Bent Rod Ct, Sterling, AK 99672

Vacant parcel • Convenient access • High visibility

Property at Lot 3 Bent Rod Ct, Sterling, AK 99672

$75,000

— beds— baths— sq ft

Lot 3 Bent Rod Ct, Sterling, AK 99672

Property at 35826 Agriculture St, Kenai, AK 99611

$20,000

— beds— baths— sq ft

35826 Agriculture St, Kenai, AK 99611

Property at 73487 Ann Ct, Anchor Point, AK 99556

$28,000

— beds— baths— sq ft

73487 Ann Ct, Anchor Point, AK 99556

Property at 31511 Kalugin Pl, Nikolaevsk, AK 99556

$75,000

— beds— baths— sq ft

31511 Kalugin Pl, Nikolaevsk, AK 99556

Property at 50790 Sleepers Pl, Nikiski/north Kenai, AK 99635

$150,000

— beds— baths— sq ft

50790 Sleepers Pl, Nikiski/north Kenai, AK 99635

Property at 72278 Valleyside Ave, Anchor Point, AK 99556

$33,000

— beds— baths— sq ft

72278 Valleyside Ave, Anchor Point, AK 99556

Property at 54490 Christofferson Ave, Ninilchik, AK 99639

$63,900

— beds— baths— sq ft

54490 Christofferson Ave, Ninilchik, AK 99639

Property at 14444 Murry St, Ninilchik, AK 99639

$38,500

— beds— baths— sq ft

14444 Murry St, Ninilchik, AK 99639

Property at 14449 Murry St, Ninilchik, AK 99639

$61,900

— beds— baths— sq ft

14449 Murry St, Ninilchik, AK 99639

Property at 15515 Tovarish Rd, Ninilchik, AK 99639

$30,000

— beds— baths— sq ft

15515 Tovarish Rd, Ninilchik, AK 99639

Property at 15522 Tovarish Rd, Ninilchik, AK 99639

$55,000

— beds— baths— sq ft

15522 Tovarish Rd, Ninilchik, AK 99639

Property at 15494 Tovarish Rd, Ninilchik, AK 99639

$60,000

— beds— baths— sq ft

15494 Tovarish Rd, Ninilchik, AK 99639

Property at 15466 Tovarish Rd, Ninilchik, AK 99639

$55,000

— beds— baths— sq ft

15466 Tovarish Rd, Ninilchik, AK 99639

Property at 15422 Tovarish Rd, Ninilchik, AK 99639

$50,000

— beds— baths— sq ft

15422 Tovarish Rd, Ninilchik, AK 99639

Property at L17 B11 Malcolm St, Seldovia, AK 99663

$17,000

— beds— baths— sq ft

L17 B11 Malcolm St, Seldovia, AK 99663

Property at 000 Lake St, Homer, AK 99603

$125,000

— beds— baths— sq ft

000 Lake St, Homer, AK 99603

Property at 40285 Sterling Hwy, Homer, AK 99603

$139,000

— beds— baths— sq ft

40285 Sterling Hwy, Homer, AK 99603

Property at 3884 Forest Glen Dr, Homer, AK 99603

$105,000

— beds— baths— sq ft

3884 Forest Glen Dr, Homer, AK 99603

Property at 4825 Diamond Creek Pl, Homer, AK 99603

$92,000

— beds— baths— sq ft

4825 Diamond Creek Pl, Homer, AK 99603

Property at L1 Shoreline Dr, Seldovia, AK 99663

$95,000

— beds— baths— sq ft

L1 Shoreline Dr, Seldovia, AK 99663

Property at 53843 Glory Ave, Kenai, AK 99611

$39,000

— beds— baths— sq ft

53843 Glory Ave, Kenai, AK 99611

Property at 945 Soundview Ave, Homer, AK 99603

$99,500

— beds— baths— sq ft

945 Soundview Ave, Homer, AK 99603

Property at 580 Fireweed Ave, Homer, AK 99603

$119,500

— beds— baths— sq ft

580 Fireweed Ave, Homer, AK 99603

Property at 560 Fireweed Ave, Homer, AK 99603

$117,500

— beds— baths— sq ft

560 Fireweed Ave, Homer, AK 99603

Property at 26935 Sterling Hwy, Anchor Point, AK 99556

$200,000

— beds— baths— sq ft

26935 Sterling Hwy, Anchor Point, AK 99556

Property at 37129 Nerka Ct, Soldotna, AK 99669

$129,000

— beds— baths— sq ft

37129 Nerka Ct, Soldotna, AK 99669

Property at 51095 Foreland St, Nikiski, AK 99611

$22,000

— beds— baths— sq ft

51095 Foreland St, Nikiski, AK 99611

Property at 51075 Foreland St, Nikiski, AK 99611

$22,000

— beds— baths— sq ft

51075 Foreland St, Nikiski, AK 99611

Property at 51005 Foreland St, Nikiski, AK 99611

$22,000

— beds— baths— sq ft

51005 Foreland St, Nikiski, AK 99611

Property at 51092 Serrano Cir, Kenai, AK 99611

$14,000

— beds— baths— sq ft

51092 Serrano Cir, Kenai, AK 99611

Property at Tr C Caribou Lake Trl, Fox River, AK 99603

$49,500

— beds— baths— sq ft

Tr C Caribou Lake Trl, Fox River, AK 99603

Property at Tract 1 Fandel Sub, Kenai, AK 99635

$52,700

— beds— baths— sq ft

Tract 1 Fandel Sub, Kenai, AK 99635

Property at L16 B5 Barksdale Dr, Nikiski, AK 99611

$30,000

— beds— baths— sq ft

L16 B5 Barksdale Dr, Nikiski, AK 99611

Property at L7 Kantishna Ave, Nikiski/north Kenai, AK 99635

$65,000

— beds— baths— sq ft

L7 Kantishna Ave, Nikiski/north Kenai, AK 99635

Property at 36484 Wild Haven Rd, Homer, AK 99603

$149,000

— beds— baths— sq ft

36484 Wild Haven Rd, Homer, AK 99603

Property at 35856 Everwell Pl, Soldotna, AK 99669

$35,000

— beds— baths— sq ft

35856 Everwell Pl, Soldotna, AK 99669

Viewing page 6 of 9

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 604 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.

More real estate resources for Kenai Peninsula Borough, AK

Cities

Nearby Counties

Nearby Counties with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in Kenai Peninsula Borough, AK

How to buy a house in Kenai Peninsula Borough, AK

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Alaska

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.