1B - Kenai Peninsula Borough Homes under $200,000

Welcome to the enchanting 1B subdivision in the Kenai Peninsula Borough, Alaska, where the beauty of nature meets the allure of affordable living. Nestled amidst breathtaking landscapes, this vibrant community offers a unique opportunity for those seeking a tranquil lifestyle without breaking the bank.

In 1B, you can find charming homes priced under $200,000, making it an ideal choice for first-time buyers, retirees, or anyone looking to enjoy the serene Alaskan way of life. These homes often feature rustic designs that blend seamlessly with the stunning surroundings, offering a cozy retreat after a day of exploring the wild outdoors. Imagine waking up to the sounds of nature, with the majestic mountains and pristine waters just a stone's throw away.

The Kenai Peninsula Borough is renowned for its outdoor recreational activities, from fishing in world-class rivers to hiking through lush forests. Whether you’re an avid adventurer or simply appreciate the beauty of nature, this area has something for everyone. The subdivision is also conveniently located near local amenities, schools, and community centers, ensuring that residents have access to everything they need.

Living in 1B means embracing a lifestyle filled with adventure, community, and affordability. With homes available under $200,000, now is the perfect time to invest in your slice of Alaskan paradise. Discover the charm of 1B and make your dream of owning a home in this beautiful region a reality!

Newest 1B - Kenai Peninsula Borough Homes under $200,000

$165,000

2 Beds ⋅ 1 Baths ⋅ 26-13406 MLS

Opportunity for investors or buyers looking for a renovation project on a 1-acre lot in Anchor Point! This 2-bedroom, 1-bathroom residential property offers 928 sq. ft. of living space and was built in 2003. The property has been vacant for a couple of years and requires cleanout, plumbing repairs, and remodeling. The roof condition is unknown, and the home retains its original features. Utilities include well water and electricity, with a wood stove for heating. Bring your vision and explore the potential this property has to offer.

31970 La Duquesa Lane, Anchor Point

Listing Office Congress Realty, Inc

$55,000

2 Beds ⋅ 1 Baths ⋅ 26-13257 MLS

Affordable 2 bed / 1 bath older trailer. Livable as-is with recent vinyl plank flooring in the kitchen and hallway. Shared community well + own septic. Currently rented (do not disturb tenants). Sold as-is with known issues--great entry-level or investment opportunity on the Kenai Peninsula.

52040 Marie Avenue, Nikiski/North Kenai

Listing Office Realty ONE Group Aurora

$179,000

2 Beds ⋅ 2 Baths ⋅ 26-13202 MLS

Built on a rock! Spectacular piece of Seldovia history! It all began in 1940 and has been added onto a few times, been upgraded as the public water and sewer systems required and received a weatherization program enhancement to the insulation, above and below! No longer served by a woodstove but upgraded to a monitor stove, this darling cabin is ready for it's next occupant! House history follows- An elder in the community told me that he remembers the house being there when he moved to town in 1948. At the time, there was a walking path along the slough, no road. Eventually a road was put in, possibly after the 1964 earthquake? Enie Allen was the owner of the house in the 40's, 50's, possibly 60's. It looks like a bathroom was added in the mid 1950's due to a 1955 newspaper being found in the wall when water pipes were replaced in the bathroom. We know that Dr. and Mrs. Larry Reynolds lived in the house in the 1970's and a ways in to the 1980's, possibly. At some point, someone added on to the house, from what I can tell. That would have been the living room and larger bedroom. After them was Danny Hyatt who was the school custodian. Danny and his children built a base for an oil-fired fireplace and wrote their initials in the cement. Not sure who owned or lived in the house later in the 1990's. Do know that a man named Bob owned the house from 2003 2014. Bob and his wife were from Texas, I believe. He did a lot of the wood work that can be seen on the living room wall, the wine closet just outside the front door, probably the shed off the carport, and also the addition of the sunroom and the bedroom and half bath. Bob's father was a manager of the Red Mountain Mine outside of Seldovia, likely in the early 1900's.

279 Shoreline Drive, Seldovia

Listing Office Alaska 1st Realty, Inc.

$110,000

1 Beds ⋅ 1 Baths ⋅ 26-13098 MLS

**BUILDING ONLY ** Newly constructed home for sale; no land or any other structure on the property is included. High efficiency 560 sq ft (40 x 14) construction completed to meet City of Soldotna codes. Built for expandability. Home was designed to be moved onto a building site; set up on blocks and ready to go. Buyer is responsible for the cost of moving the home. Seller can provide contact info for a recommended mover if needed. Heating system is forced air, plumbed for natural gas but could easily be converted for toyo stove on oil. All new appliances, included in sale.

995 E Roald Avenue, Soldotna

Listing Office Valley Market Real Estate

$199,000

3 Beds ⋅ 1 Baths ⋅ 26-12983 MLS

Bring your vision to this 5-acre property in the Fritz Creek area. Ready for a new owner to roll up their sleeves, this property offers an opportunity for someone looking for acreage and a project. The home and property are in need of cleanup, maintenance, and repairs. The property is being sold AS-IS, WHERE-IS, with remaining personal property and possessions to be conveyed with the sale.

38740 Mushroom Street, Homer

Listing Office Kachemak Real Estate Group Real Broker

$90,000

1 Beds ⋅ 1 Baths ⋅ 26-12704 MLS

A fixer upper in the woods! Convenient location just a hop off Oilwell road. This property has all the amenities in place-well, septic, power and a 2 story structure that will allow you to build equity as you complete the project. The Ninilchik River is just another third of a mile down the road, makes a perfect walk with the dog or quick wheeler ride.

16924 Brody Road, Ninilchik

Listing Office Mossy Oak Properties of Alaska - Ninilchik

$169,500

2 Beds ⋅ 1 Baths ⋅ 26-12602 MLS

Here is your chance to bring in some tools and sweat equity to rejuvenate this two bedroom home. Home is being sold as is, where is, cash only. The seller has purchased brand new shingles and they will be left at the home to help jump start the project. Inside you will find a nice floor plan, Italian stone floors in the bathroom, and lots of potential. Check it out!

697 Sycamore Circle, Kenai

Listing Office Jack White Real Estate Soldotna

$165,000

1 Beds ⋅ 26-12560 MLS

Come sit on my front porch! Charming Rustic Cabin on 9 acres in the Caribou Hills with year round road access. This cabin is ready for its finishing touches. Imagine sitting on the front porch sipping your coffee and enjoying the views of the surrounding valleys and mountains or maybe sitting next to the fire pit on a cool summer evening with friends.This 420 sq foot cabin is mostly furnished and ready for you to enjoy. Its comes equipped with a full solar hook up for your convenience. Outside a newly constructed building for your back up generator & tools is combined with an outhouse and shower room. The land is gently rolling and filled with the traditional wild Alaskan flora and fauna from mushrooms & wild flowers to berries, shrubs and a variety of young to mature deciduous and evergreen trees.

17367 Matson Street, Ninilchik

Listing Office Hayden Outdoors, LLC

$44,900

1 Beds ⋅ 26-12427 MLS

1.08 acres in Nikiski with a 12'x24' cabin on skids, two lofts, and a large covered front deck. The interior is already insulated with fiberglass and a vapor barrier. A 60'x80' gravel pad leaves room for a future home or large shop. Park an RV and enjoy it recreationally now, or finish development and build a primary residence. Offered at $48,500. Owner financing is available with a purchase price of $60,000, a minimum of 25% down, and up to a 5-year term.

52056 Zircon Court, Nikiski/North Kenai

Listing Office Jack White Real Estate Soldotna

$39,900

26-12167 MLS

Do you need a peaceful getaway??? Look no further! 10'x12' log cabin waiting for your finishing touches situated on 3.28 acres. Roomy front porch, wood stove (yet to be hooked up), and endless possibilities...Buyer & Buyers Licensee to verify all listing information.

36448 Purple Iris Way, Remote

Listing Office Jack White Real Estate Soldotna

$115,000

1 Beds ⋅ 26-11702 MLS

Remote - trail access only. NO road. Turn-key recreational cabin located at Caribou Lake, one of Homer's most popular outdoor destinations. Situated close to the lake, this property offers beautiful views of Caribou Lake and the Caribou Hill's, while surrounded by mature spruce trees that provide privacy and a classic Alaska setting. The cabin is ready to enjoy immediately, making it the perfect base for snowmachining, ATV riding, fishing, and year-round recreation. Caribou Lake is well known for its trail access and outdoor recreational activities. FAQ'S - there is no road access, trail access only. Snowmobile in the winter, ORV in the summer months. This is a remote property without utilities or electric. There is legal access to the lake on the ROW directly on the west property line.

Caribou Lake, Homer

Listing Office Kachemak Real Estate Group Real Broker

$200,000

26-11670 MLS

Alaskan cabin sitting on AMAZING 3.08 acre lot boasting out of this world mountain views!! Elevated lot gives YOU privacy you desire with no neighbors in sight. Build your dream home here in this one of a kind location. Power on site. Cabin is easy to move on skids. No well & no septic. Cabin has propane heat & a wood stove.

37813 Peaceful Circle, Sterling

Listing Office EXP Realty, LLC

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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. (AK MLS). Real estate listings held by brokerage firms other than Fiorelli Real Estate are marked with either the listing brokerage’s logo or the AK MLS 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. Listing last updated:

1B - Kenai Peninsula Borough Homes under $200,000

Newest 1B - Kenai Peninsula Borough Homes under $200,000

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