55220 Hill Avenue, Homer, AK 99603
Local realty services provided by:Better Homes and Gardens Real Estate Dream Makers
55220 Hill Avenue,Homer, AK 99603
$550,000
- 2 Beds
- 6 Baths
- 1,200 sq. ft.
- Single family
- Active
Listed by: becky turkington, valerie buss
Office: kachemak real estate group real broker
MLS#:26-12317
Source:AK_AMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$458.33
About this home
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....
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Home facts
- Year built:2017
- Listing ID #:26-12317
- Added:1 day(s) ago
- Updated:September 25, 2026 at 02:45 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:6
- Full bathrooms:2
- Half bathrooms:2
- Kitchen Description:Refrigerator
- Living area:1,200 sq. ft.
Structure and exterior
- Roof:Metal
- Year built:2017
- Building area:1,200 sq. ft.
- Lot area:4.62 Acres
- Architectural Style:Cabin
- Foundation Description:Slab
Schools
- High school:Homer
- Middle school:Homer
- Elementary school:McNeil Canyon
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$458.33
Features and amenities
- Appliances:Refrigerator
Parking
- Parking description:Attached, Heated Garage
- Garage:Yes
- Garage spaces:1
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