$429,000

Calling all dreamers, adventurers & Alaska lovers! This isn't your ordinary property, it's approx. 5,760 SF of incredible opportunity overlooking Kachemak Bay! Sitting on 1.1 private acres, this custom lodge features a 3-story stone fireplace, vaulted knotty-pine ceilings, expansive view windows, heated tile floors & exceptional craftsmanship. Designed for 8 bedrooms and 6½ baths, it's ready for someone to complete the vision! PRICE DROP + NEW PHOTOS + MOTIVATED SELLERS! Come finish the dream. This one-of-a-kind custom Alaskan lodge began construction in 1984 and was designed by architect and master mason Alan DeGraffenried. The home showcases extensive hand-cut knotty-pine tongue-and-groove walls and ceilings, dramatic dormer details, custom stonework and a spectacular three-story, floor-to-ceiling stone fireplace. The expansive layout offers tremendous flexibility, with livable areas and spaces ready for completion. Envision a private family retreat, large residence, vacation lodge or potential B&B, subject to applicable zoning and permitting. A new boiler was installed in 2025, and heated tile flooring was added in 2024. The newer portion includes in-floor heating and an unfinished walk-out basement. Set in beautiful Homer, Alaska, you're surrounded by world-class fishing, Kachemak Bay State Park, bear viewing, hiking, kayaking, glaciers and other unforgettable Alaska adventures. Seldovia, Halibut Cove and Ninilchik are also nearby. This is more than a house--it's an extraordinary Alaskan property with the character, scale and setting to become something truly special. Currently tenant occupied. Buyers are encouraged to verify condition, dimensions, features and intended use through inspection an