Water Views
36995 Pomeroy Road, Homer, AK
$ 2,500,000
Property Attributes
  • MLS#227003
  • TypeLand
  • CityHomer
  • Area1B - Kenai Peninsula Borough
  • Neighborhood498 - South Side of Kachemak Bay
  • Zip99603
  • StyleUnimproved Land
  • Taxes$ 2600
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size201.69 Acres
Data Source:
Alaska MLS (AKMLS)
Property Description

NEW VIDEO AND PHOTOS POSTED 8-16-2022 This is truly an Alaskan Dream Come True. 3 bedroom home plus 2 bedroom cabin with private airstrip and beach front access .Bear Cove is located at the head waters of Kachemak Bay East of the Homer Spit. It has endless possibilities. Fly or Boat into property . 3 separate parcels with 201 acres included in sale No mineral rights availableThe "farm" at Bear Cove was homesteaded by Harold and Roxie Pomeroy in 1948. During their tenure, which lasted until the Farnsworth's purchased the property in 1985, they built several cabins, a shop, and a warehouse on the property using lumber they milled from the trees they logged. At the same time they built the road from the beach, using dynamite to blast the boulders into a manageable size. In the 1950's they commercially farmed the property, growing potatoes and cabbages on terraced hillsides at the west end behind the greenhouses they constructed to grow tomatoes. Roxie would take her produce down to Homer in a dinghy to sell on the beach at the end of the spit. They later removed the greenhouses and put in the airstrip. Harold was in the Territorial Legislature in Juneau and spent much of his time there, so in the sixties they moved to Anchorage and left the farm in the hands of caretakers. Both Harold and Roxie loved the place so much they wanted to be buried there and so they are. The Farnsworth's purchased the property in the mid eighties after having leased it for a few years. Since then, there have been many improvements made, increasing the size of the main cabin threefold and installing indoor plumbing and a furnace, installing metal roofing on the cabins, and generally improving the living conditions. They have enjoyed this special place for many years, part of the family living there year-round in the mid-to late eighties. It's now used as a retreat in the summer months, allowing the family to fish for halibut in Kachemak Bay, dig clams on the beach at low tide and enjoy picnics at the beach or around the fire pit. Twenty-seven acres of the property in Bear Cove was purchased in 1976. It was owned by a trapper by the name of Newman who had built a cabin on the place. Later, sometime in the eighties another eleven acres was purchased from the Kenai Peninsula Borough in a lottery sale. This was the place the Farnsworth's used for recreation until they purchased the farm. The cabin has since fallen in due to lack of use. But there is a trail that connects the two properties. When the family was living on the farm there were times that they had to moor their boat in the Cove and walk the trail to the farm because they had misjudged the tide.

Price History
5/26/2022 Listed $2,500,000

General Features

Utilities Fuel Oil,Natural Gas Not Available,Septic - None,Sewer Not Available,Phone Not Available,Well - None
Possession Possession Recording
Zoning UNZ
View Bay,Glacier,Inlet,Lake,Mountain(s),Ocean,Unobstructed,Wetlands
Topography Bluff,Sloping,Wetlands
Property SubType Unimproved Land
Tax Year 2021
Current Use Farm,Recreational,Remote,Residential
Waterfront Features Bay Access,Bay/Harbor,Lake Front,Ocean Front
Property Type Land
Other Structures Outhouse
Status Active
Directions Boat or Fly in 17 miles up Kachemak Bay from the Homer Spitthree separate parcels for sale in package no mineral rights
City Homer
Buyer Agent Compensation 2.50
Body of Water Bear Cove
Disclosures Prop Discl Available
View Y/N Yes
Zoning Description Not Zoned
MLS Area 1B - Kenai Peninsula Borough
Lot Size Square Feet 8785616.4
Waterfront Y/N Yes
Street Name Pomeroy
Tax Annual Amount 2600
MLS Area Minor 498 - South Side of Kachemak Bay
Virtual Tour https://youtu.be/P2xJbq9gyA0
Days on Market 683
Building Area Units Square Feet
Virtual Tour https://youtu.be/P2xJbq9gyA0
Buyer Agent Compensation Type %

Interior Features

Street Suffix Road
Living Area Units Square Feet

Exterior Features

Lot Features Dog Teams OK,Horse Property,Parkside,Southern Exposure,Trailside,Views,Wetlands
Lot Size Area 201.69
Mobile Home Dimensions Feet
Lot Size Acres 201.69
Road Surface Type Gravel
Lot Size Units Acres
Lot Size Source Tax Authority
Road Frontage Type Air Strip,Trail,Water,Airplane Access
Road Responsibility Unmaintained,Unmaintained Road
Horse Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 99603

AVG $250K
AVG $678
AVG 152
Data Provided by Inside Real Estate®

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.