Discover an extraordinary lakeside retreat where breathtaking scenery, thoughtful design, and income potential come together in one remarkable property. Tucked away at the end of a quiet cul-de-sac on the shores of Beluga Lake, this home offers an unparalleled lifestyle with sweeping views of Beluga Lake, Grewingk glacier, protected wetlands and towering mountains. From sunrise over the mountains to the evening alpenglow reflected across the water, every window showcases the beauty that makes Homer one of Alaska's most sought-after destinations. The thoughtfully designed main residence features natural wood, rough hewn beams, vaulted ceilings and a spacious open living area that blends warmth, comfort and functionality with two 3/4 bathrooms and one-bedroom. A cozy wood stove and new natural gas furnace create an inviting atmosphere year-round, while oversized windows flood the home with natural light and frame spectacular views in every direction. Designed for those who love to cook and entertain, the kitchen is equipped with premium Blue Star and Viking appliances, generous workspace, and an open layout that keeps Alaska's incredible scenery front and center. Adding exceptional versatility is a spacious lofted dry cabin, with a private dedicated 3/4 bath just steps away, that serves as guest accommodations, a private office, artist's studio, or peaceful retreat. With an established rental history of $1,250 per month, it provides immediate income potential while maintaining privacy for both owner and guest. Step outside onto the expansive lake view patio and soak in the peaceful surroundings from your private two-person hot tub. Eagles soar overhead, sandhill cranes frequent the wetlands, moose wander nearby, and the ever-changing skies over Kachemak Bay provide a daily visual masterpiece unlike anywhere else. The detached one-car garage with dedicated shop space offers plenty of room for vehicles, outdoor equipment, tools, fishing gear, hobby projects, or additional storage. High-speed internet and city utilities combine modern convenience with Alaska's rugged beauty, making the property equally suited for full-time living, remote work, or a luxury getaway. Buyers may appreciate the opportunity to explore future development possibilities, such as a boardwalk to your private lakeside float plane dock, subject to verification of zoning, permitting, and applicable regulations. If all of this wasn't enough, utility usage is so reasonable: Utilities not on Property Disclosure Ware/Sewer $48/moElectric $92/MoNatural gas $86/MoTrash pickup (optional) $42/Mo This is a rare opportunity to own an Alaska retreat where every season brings unforgettable scenery, exceptional recreation, and the chance to generate supplemental rental income. Whether you're searching for a year-round residence, an unforgettable vacation home, or an investment in one of Alaska's most iconic coastal communities, 1241 Iris Court delivers a lifestyle that is truly second to none.
| MLS # | 26-8604 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1997 |
| Days On Site | 45 |
| Listing Provided By | Homer Real Estate | Angie Newby |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,264 |
| Garage | 1 |
| Zoning | UR - Urban Residential |
| Acreage | 2.34 |
| Water Front | Yes |
| Property View | Glacier, Lake, Mountain(s), Wetl |
| Rooms Total | 0 |
|---|---|
| Heating | Natural Gas, Wood Stove, Floor Furnace |
| Heating Yes / No | Yes |
| Appliances | Dishwasher, Disposal, Refrigerator |
| Interior Features | Electric, Fireplace, Washer &/Or Dryer Hookup, Workshop, Arctic Entry, Smoke Detector(s), Vaulted Ceiling(s), Wood Counters, Solid Surface Counter, Gas Fireplace |
| Fireplace Yes / No | Yes |
| Roof | Asphalt, Composition, Shingle |
|---|---|
| Exterior Features | Airplane Access, Covenant/Restriction, Fire Service Area, Garage Door Opener, Road Service Area, View, Waterfront, Corner Lot, In City Limits, Private Yard, Hot Tub, Cul-de-sac |
| Lot Features | Level, Wetlands |
| Construction Materials | Wood Frame - 2x6 |
| Foundation Details | Sono Tubes |
| Patio And Porch Features | Deck |
| Exterior Sp Finish Co Exterior Sp Finish | Masonry, Wood |
| Architectural Style | Traditional |
| Parking Features | Detached |
|---|---|
| Carport Sp Type Co Carport Sp Type | None |
| Utilities | Phone Connected, Cable Available |
|---|---|
| Sewer | Public Sewer |
| Road Surface Type | Dedicated Road, Floatplane, Gravel, Maintained, Government |
|---|---|
| Frontage Type | Lakefront |
| Waterfront Features | Lake Privileges |
| Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp Near | Lake |
| Wtrfrnt Hyphen Frontage Co Wtrfrnt Hyphen Frontage | Lakefront |
| Tax Annual Amount | 3368 |
|---|---|
| Tax Year | 2026 |
| Tax Map Number | N/A |
| Tax Legal Description | Fritz #2 L24-25 |
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| Community Name | FRITZ |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in FRITZ) | |
Price: $529,500 low | high Med: $529,500 sqft: 1,264 low | high Med: 1,264 $ / sqft: $419 low | high Med: $419 On site: 45 low | high Med: 45 | |
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Homer |
| Community Name | FRITZ |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in FRITZ) | |
Price: $529,500 low | high Med: $529,500 sqft: 1,264 low | high Med: 1,264 $ / sqft: $419 low | high Med: $419 On site: 45 low | high Med: 45 | |