Cheap homes for sale & real estate in Kodiak Island Borough, AK

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ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Cash Only, Handyman, Flipper opportunity. Originally a 2 bedroom, converted to 3 bedrooms and 1 bath, upgraded kitchen, electric forced air heater, on demand hot water heater, huge lot. Comes with one of the last functional garages in Aleutian homes. Needs new roof (shingles on site) siding & windows. Current mortgage leaves no room for dickering. Come take a look at your future winter project.

$275,000

3 beds1 bath768 sq ft

523 Thorsheim St, Kodiak, AK 99615

Functional garages • Upgraded kitchen • Huge lot

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Whether you're an experienced investor, contractor, or ambitious homeowner, this is your chance to create something truly special. Large lot with plenty of room for expansion, gardening, . No utilities currently active. Sold as-is—seller will make no repairs. Does have a well and septic tank . Property comes with a shop. Electrical hook up on property. Schedule a showing today before its gone. Property comes with a shop. Electrical hook up on property. Schedule a showing today and imagine the possibilities.

$289,000

0 beds— baths1,440 sq ft

1679 Three Sisters Way, Kodiak, AK 99615

Electrical hook up • Septic tank • Large lot

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Currently Under Renovation - Buyer Customization Opportunity. This home is in the process of being remodeled, with many updates already underway. Seller is open to selling as-is or allowing the buyer to take over and complete the project. The home currently features new floors, brand new kitchen cabinets, recessed lighting throughout home, creating warmth and ambiance. While, the exterior boasts beautiful custom siding, meticulously crafted by the owner, adding exceptional curb appeal and character. Enjoy outdoor entertaining around the fire pit or gardening in your 2,000 sq. ft. green house.

$410,000

3 beds1 bath1,410 sq ft

10981 Lake Orbin Dr, Kodiak, AK 99615

Custom siding • New kitchen cabinets • Fire pit

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Chiniak gem! This 3BR/1BA home sits on 2.32 wooded acres filled with berry bushes. Features a Toyo stove, wood stove ready to install, unfinished cedar banya, shed, and unique Japanese glass ball accents inside & out. Peaceful neighborhood just minutes from the beach and an hour from town. Perfect balance of seclusion and convenience. A rare chance to own a slice of Alaskan paradise!

$420,000

3 beds1 bath1,408 sq ft

42952 King Crab Way, Kodiak, AK 99615

Toyo stove • Shed • Wooded acres

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Nestled in a quiet neighborhood, enjoy this quaint, 3-bedroom, 1 bath home. Paved driveway and detached shed. Enjoy large back yard, perfect for gardening, entertaining, or adding a banya/hot tub. This home is perfect for someone who will give it TLC or loves a project home.

$290,000

3 beds1 bath1,056 sq ft

1411 Mission Rd, Kodiak, AK 99615

5,223 sq ft lot • Built 1945 • Listed 117 days

Property at 1011 Willow St, Kodiak, AK 99615, 4 beds, 1 bath

$395,000

4 beds1 bath1,440 sq ft

1011 Willow St, Kodiak, AK 99615

Property at 1204 2nd St, Kodiak, AK 99615, 3 beds, 1 bath

$175,000

3 beds1 bath1,088 sq ft

1204 2nd St, Kodiak, AK 99615

Property at 212 Spruce Drive Dr, Port Lions, AK 99550, 1 bed, 1 bath

$95,000

1 bed1 bath768 sq ft

212 Spruce Drive Dr, Port Lions, AK 99550

Property at 1310 Mission Rd, Kodiak, AK 99615, 4 beds, 2.5 baths

$328,500

4 beds2.5 baths1,848 sq ft

1310 Mission Rd, Kodiak, AK 99615

Property at 716 Thorsheim St, Kodiak, AK 99615, 3 beds, 1 bath

$265,000

3 beds1 bath1,268 sq ft

716 Thorsheim St, Kodiak, AK 99615

Property at 821 E Tagura Rd, Kodiak, AK 99615, 3 beds, 1.5 baths

$450,000

3 beds1.5 baths1,666 sq ft

821 E Tagura Rd, Kodiak, AK 99615

Property at L3 Kizhuyak Bay, Port Lions, AK 99550

$300,000

— beds— baths— sq ft

L3 Kizhuyak Bay, Port Lions, AK 99550

Property at 8900 W Rezanof Dr, Kodiak, AK 99615

$189,500

— beds— baths— sq ft

8900 W Rezanof Dr, Kodiak, AK 99615

Property at L4 Kizhuyak Bay, Port Lions, AK 99550

$300,000

— beds— baths— sq ft

L4 Kizhuyak Bay, Port Lions, AK 99550

Property at NHN Uyak Bay, Larsen Bay, AK 99624

$350,000

— beds— baths— sq ft

NHN Uyak Bay, Larsen Bay, AK 99624

Property at 87-44 Tr A Shearwater Bay, Old Harbor, AK 99643

$45,000

— beds— baths— sq ft

87-44 Tr A Shearwater Bay, Old Harbor, AK 99643

Property at 1815 Chichenof St, Kodiak, AK 99615

$250,000

— beds— baths— sq ft

1815 Chichenof St, Kodiak, AK 99615

Property at 202 Spruce Dr, Port Lions, AK 99550

$35,000

— beds— baths— sq ft

202 Spruce Dr, Port Lions, AK 99550

Property at 1314 Mission Rd, Kodiak, AK 99615

$70,000

— beds— baths— sq ft

1314 Mission Rd, Kodiak, AK 99615

Property at 110 Bancroft Dr, Kodiak, AK 99615

$325,000

— beds— baths— sq ft

110 Bancroft Dr, Kodiak, AK 99615

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ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Gorgeous turn-key cabin with unobstructed views of the Bay and mountains. This home is completely self sufficient and has all the modern conveniences, but is completely off the grid and runs on solar and generation in style! A must-see! The property is leased through the Seldovia Native Association with a 55 year lease with an option to renew for another 55 years, good to October 1, 2103! Discover Your Off-Grid Pioneer Paradise on Kachemak Bay Perched high above the water, along the untamed shores of Kachemak Bay in Alaska, this exceptional waterfront property beckons the true adventurer, kayaker, beachcomber, and nature lover with over 600 feet of beautiful bay beachfront and an additio

$450,000

3 beds1 bath1,399 sq ft

57739 Seldovia Bay Lease, Seldovia, AK 99663

Two guest cabins • Running on solar • Unobstructed views

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Great location for this well-loved home in the heart of Seldovia. Located just seconds from Main Street, the school, harbor and airport - this property gets all day sun and has views of the harbor and mountains to the east as well as south! This home has a great passive income as there's a spacious mother-in-law studio apartment downstairs! Situated on a prime . 2-acre corner lot in the heart of Seldovia, this 2,478-square-foot, two-story home is a perfect blend of functionality, charm, and Alaskan allure. Ideally situated just seconds from Main Street, the school, harbor, and airport, this well-loved property offers unparalleled convenience with views of the harbor and mountains to the ea

$315,000

3 beds2 baths2,478 sq ft

335 Alder St, Seldovia, AK 99663

Well-maintained yard • Prime corner lot • Spacious deck

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Leader Crk runs thru this unique property with an A-Frame two story house, a steam bath, greenhouse and pad that can be used to park several boats. Updated Toyo heating system & water heater, spacious kitchen with bkfst bar & stnls appliances, large living room, S facing deck with views of the Naknek River. Property includes the pad across the creek where the fireworks stand used to be. Low maintenance cost with insulated vinyl siding and metal roof. Property is zoned industrial and features a gravel pad that can accommodate drift boat parking for the winter.

$395,000

2 beds1 bath1,430 sq ft

3239 Alaska Peninsula Hwy, Naknek, AK 99633

Steam bath • Greenhouse • Drift boat parking

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Nice sized lot with spacious shop/garage in the heart of Seldovia! This 3 bedroom 2 bath home sits on the hill with nice landscaped areas, including garden spots, outdoor bbq, firepit area, chicken coop and lawn! This home is centrally located and within a short distance of everything in town! Bright livingroom with lots of windows and a cozy wood stove!

$290,000

3 beds2 baths1,830 sq ft

321 Eagle Run Loop, Seldovia, AK 99663

Firepit area • Garden spots • Outdoor bbq

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Located in King Salmon, this building contains six apartments: four one-bedroom units, one two-bedroom unit, and one three-bedroom unit. All units are tenant-occupied with month-to-month leases. Current rents are $750/mo for the one-bedroom units, and $850/mo and $950/mo for the two- and three-bedroom respectively. Tenants have been paying all utilities with the exception of heating fuel.

$325,000

9 beds7 baths4,562 sq ft

896 E Bobo Loop, King Salmon, AK 99613

2 acre lot • 12 parking spots • Built 1984

ABOUT THIS HOME
Cheap Home for sale in Kodiak Island Borough, AK:
Lakefront lot in Naknek Alaska. Fly your plane directly to your new land.

$85,000

— beds— baths— sq ft

604 Nornak Lake Rd, Naknek, AK 99633

Lakefront lot • 0.98 acre lot • Listed 20 days

Property at L17 B11 Malcolm St, Seldovia, AK 99663

$17,000

— beds— baths— sq ft

L17 B11 Malcolm St, Seldovia, AK 99663

Property at L1 Shoreline Dr, Seldovia, AK 99663

$95,000

— beds— baths— sq ft

L1 Shoreline Dr, Seldovia, AK 99663

Property at NHN Kupreanof Strait, Remote, AK 99615

$99,000

— beds— baths— sq ft

NHN Kupreanof Strait, Remote, AK 99615

Property at L15 B11 Malcolm St, Seldovia, AK 99663

$16,500

— beds— baths— sq ft

L15 B11 Malcolm St, Seldovia, AK 99663

Property at 000 US Survey 9214, Pilot Point, AK 99649

$150,000

— beds— baths— sq ft

000 US Survey 9214, Pilot Point, AK 99649

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 Kodiak Island Borough

There are currently 20 cheap homes for sale in Kodiak Island Borough at a median listing price of $460K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Kodiak Island Borough stay on the market for 142 days. This map is refreshed with the newest listings in Kodiak Island Borough every 15 minutes.

In the past month, 5 homes have been sold in Kodiak Island Borough. In addition to houses in Kodiak Island Borough, there were also 0 condos, 0 townhouses, and 2 multi-family units for sale in Kodiak Island Borough last month. Find your dream home in Kodiak Island 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 Kodiak Island Borough are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Kodiak Island Borough. If you're looking to sell your home in the Kodiak Island Borough area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Kodiak Island 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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