Water Views

Address

55220 Hill Avenue, Homer, AK

Listing Type

Active

Price

$ 550,000

Property Attributes

MLS#2612317
TypeSingle Family
Listing Status Active
CountyKENAI PENINSULA
CityHomer
Area1B - Kenai Peninsula Borough
Neighborhood492 - Kachemak City/Fritz Creek
Zip99603
StyleCabin, Split Level
Year Built2017
Price$ 550,000
Bedrooms2
Full Bathrooms2
Half Bathrooms2
Sqr Footage1200
Lot Size4.62 Acres

Data Source:

Alaska MLS (AKMLS)

Property Description

What if your next home came with a peony farm, guest cabin, large shop and a Kachemak Bay view? Set on 4.61 acres with mountain and water views, this one-of-a-kind property brings together a home, workspace, established growing infrastructure and a lifestyle that is uniquely Alaskan. The approximately 1,200 sq ft main building, constructed in 2017, offers a versatile barndominium style live/work configuration. Downstairs, the shop provides abundant room for parking, equipment, projects and farm operations. A peony packing cooler is already in place, along with a full bathroom and open living space, that could potentially be enclosed with the upstairs space to have more defined living vs working space. Upstairs you'll find the kitchen, bedroom and half bath, surrounded by views of the property and mountains beyond. A separate approximately 600 sq ft one bedroom one and half bath cabin built in 2007, adds even more flexibility. Use it for additional living space, guests, a caretaker, studio or whatever best fits your vision. Outside is where this property really sets itself apart. Known as Spit Sisters Farm, the property became particularly known for its coral peonies, and includes two high tunnels filled with flowers and fruit trees, along with established outdoor peony and berry growing areas, with approximately 75 black currant bushes and nagoonberries. A new owner would be welcome to apply to join the peony co-op, offering an opportunity to build upon what has already been established. Solar panels, a pond utilized for irrigation and additional water-catchment systems help make the property self-sufficient and functional.There is plenty of room to continue expanding, and quite a bit of equipment already on the property will help give you a headstart on any peony dreams! Continue to grow the flower farm, create a homestead, run a home-based business, put the shop space to work, create a multi-generational setup, or some combination of all of the above! This is a property with the space, versatility and established groundwork to evolve alongside its next owner. Live in a place that gives you the space to dream bigger.

Elementary School	Middle School	High School
McNeil Canyon Elementary School	Homer Middle School	Homer High School

Price History
9/24/2026	Listed $550,000

General Features

Utilities	Electric
Zoning	UNZ - Not Zoned
View	Bay,Mountain(s),Partial,Ocean
Property Type	Residential
Status	Active
Directions	East End - left on Greer, left on Hill, property is on the right- signs posted
High School	Homer
City	Homer
MLS Area	1B - Kenai Peninsula Borough
Lot Size Units	Acres
Lot Size Square Feet	201247.2
Elementary School	McNeil Canyon
Middle/Junior High School	Homer
MLS Area Minor	492 - Kachemak City/Fritz Creek
Living Area Units	Square Feet
Year Built	2017
New Construction	false
Appliances	Refrigerator
Construction Materials	Wood Frame
Sewer	Septic Tank
Roof	Metal
Garage Spaces	1
Architectural Style	Cabin,Split Level
Attached Garage	true
Garage Y/N	true
Property Attached Y/N	false
Home Warranty Y/N	false

Interior Features

Half Baths	2
3/4 Baths	2
Total Bedrooms	2
Total Baths	4
Interior Amenities	BR/BA on Main Level,Pantry
Laundry Features	Washer &/Or Dryer Hookup

Exterior Features

Lot Features	Gentle Sloping
Lot Size Area	4.62
Lot Size Acres	4.62
Lot Size Source	Tax Authority
Road Frontage Type	Government
Road Surface Type	Maintained
Parking Features	Attached,Heated Garage
Building Area Total	1200
Foundation Details	Slab
Total Parking	1
Covered Spaces	1