Kenai Peninsula Borough, AK homes for sale & real estate

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ABOUT THIS HOME
Kenai Peninsula Borough, AK Homes for Sale
Lot 5 sits closest to the highway for easy access, with a level mix of trees and meadow. No wetlands and year-round maintained road access make it straightforward to build. From a second story, you may capture a glimpse of Cook Inlet and the mountains beyond—all just minutes from Ninilchik and world-class fishing.

$32,000

— beds— baths— sq ft

L5 Shegota Loop, Happy Valley, AK 99639

World-class fishing • 1 acre lot • Listed 67 days

ABOUT THIS HOME
Kenai Peninsula Borough, AK Homes for Sale
8.83 acres of beautiful buildable land only 20 minutes from town. With no CCRs or HOA restrictions, this property offers freedom for a custom dream home, commercial venture, or investment project. Possible subdividing adds value and versatility, giving developers and buyers multiple options. Enjoy privacy, flexibility, and convenience with plenty of space to create exactly what you envision.

$140,000

— beds— baths— sq ft

35571 Funny River Rd, Soldotna, AK 99669

No ccrs • Privacy • No hoa restrictions

ABOUT THIS HOME
Kenai Peninsula Borough, AK Homes for Sale
Build your dream home on this 4.68 acre lot with a year round state maintained road! Power & Natural Gas is adjacent. Rare change to have 4.68 acres! Invest in yourself today! There are plenty of land loan options at most banks.

$150,000

— beds— baths— sq ft

51402 Equestrian Ave, Kenai, AK 99611

4.68 acre lot • 4.68 acre lot • Listed 70 days

ABOUT THIS HOME
Kenai Peninsula Borough, AK Homes for Sale
''If this isn't heaven, it's halfway there - you can feel it in the air''. It's debatable if Rodney Atkins (the singer of the song in which the quote was derived) has been to Alaska, or if he knows anything about the views on the Kenai Peninsula - but he sure described it well. This 5 acre lot is in renowned Homer, Alaska - a place that's known as the "Halibut Fishing Capital of the World", "Hamlet by the Sea", and, my personal favorite "Shangri-La" - a term actually used in a fictional sense, but has taken a literal turn to the REAL LIFE that awaits in Homer. From this 5 acres, you'll have an unobstructed view of Cook Inlet - a maritime waterway that hosts cru

$200,000

— beds— baths— sq ft

Tract 5 Tice Acres Sub, Homer, AK 99603

Unobstructed view • Minimal wetlands • No restrictions

ABOUT THIS HOME
Kenai Peninsula Borough, AK Homes for Sale
Conveniently located property less than 5 mins from Three bears grocery, Ninilchik school and the Fair grounds. Beach access on the next Rd over at Deep Creek Recreation area/Boat launch. 40 mins to Homer. Under ground power available at the corner. Borough maintained rd. Sellers are real estate licensees.

$32,500

— beds— baths— sq ft

17338 Tidal Knoll Rd, Ninilchik, AK 99639

Boat launch • Underground power • Beach access

Property at 000 Daniels Lk, Nikiski/north Kenai, AK 99635

$99,500

— beds— baths— sq ft

000 Daniels Lk, Nikiski/north Kenai, AK 99635

Property at 66711 Fry Ct, Homer, AK 99603

$225,000

— beds— baths— sq ft

66711 Fry Ct, Homer, AK 99603

Property at 48425 Sterling Hwy, Soldotna, AK 99669

$250,000

— beds— baths— sq ft

48425 Sterling Hwy, Soldotna, AK 99669

Property at 000 Moose Pt, Kenai, AK 99611

$65,000

— beds— baths— sq ft

000 Moose Pt, Kenai, AK 99611

Property at 37403 Golden Rod Loop, Kenai, AK 99635

$36,000

— beds— baths— sq ft

37403 Golden Rod Loop, Kenai, AK 99635

Property at 000 Wild Cotton, Anchor Point, AK 99556

$25,000

— beds— baths— sq ft

000 Wild Cotton, Anchor Point, AK 99556

Property at 66822 Kennedy Ave, Anchor Point, AK 99556

$35,000

— beds— baths— sq ft

66822 Kennedy Ave, Anchor Point, AK 99556

Property at 435 Soundview Ave, Homer, AK 99603

$115,000

— beds— baths— sq ft

435 Soundview Ave, Homer, AK 99603

Property at 421 Soundview Ave, Homer, AK 99603

$115,000

— beds— baths— sq ft

421 Soundview Ave, Homer, AK 99603

Property at 64195 Bolotna Rd, Nikolaevsk, AK 99556

$20,500

— beds— baths— sq ft

64195 Bolotna Rd, Nikolaevsk, AK 99556

Property at Lot 5 Bent Rod Ct, Sterling, AK 99672

$75,000

— beds— baths— sq ft

Lot 5 Bent Rod Ct, Sterling, AK 99672

Property at Lot 1 Bent Rod Ct, Sterling, AK 99672

$375,000

— beds— baths— sq ft

Lot 1 Bent Rod Ct, Sterling, AK 99672

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 260,264 Airport Way, Kenai, AK 99611

$495,000

— beds— baths— sq ft

260,264 Airport Way, Kenai, AK 99611

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

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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.

Average home prices near Kenai Peninsula Borough, AK

Cities

Point MacKenzie homes for sale
$1,157,450
Nikiski homes for sale
$305,000
Seldovia homes for sale
$540,000
Fox River homes for sale
$176,000
Anchor Point homes for sale
$330,000
Ninilchik homes for sale
$240,000
Anchorage homes for sale
$486,900
Homer homes for sale
$635,000
Soldotna homes for sale
$399,999
Kenai homes for sale
$389,000
Kalifornsky homes for sale
$445,000
Clam Gulch homes for sale
$250,000
Sterling homes for sale
$499,900
Kasilof homes for sale
Seward homes for sale
$417,000

Counties

Kodiak Island Borough homes for sale
$435,000
Matanuska-Susitna Borough homes for sale
$469,000
Anchorage Borough homes for sale
$486,900

Kenai Peninsula Borough, AK real estate trends

All Home Types trends in Kenai Peninsula Borough, AK

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$385,000

+4.4% YoY | Oct 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Oct 2025

Growth

% YoY

Kenai Peninsula Borough, AK

$385,000

+4.4%

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