Kenai Lake covers 15,600 acres in Alaska and drops to 540 feet at its deepest point. It is a natural lake, which generally means a more stable shoreline and fewer drawdown surprises than an impoundment. Water clarity averages around 25 feet, placing it among the clearer bodies of water in the country. Short-term rental posture: Allowed; borough permit. Confirm at the municipal level before underwriting rental income.
Each axis is computed by published formula from this lake's own attributes. How we score.
Computed from measured clarity, trophic state, and drawdown magnitude — not an opinion. See the formula.
Weighted: water 26% · recreation 22% · investment 20% · value 18% · access 14%.
The dock sits at full-pool elevation. At low pool the waterline retreats and the reach to navigable water changes. Scale is illustrative; the 4 ft figure is from published operations for this lake.
Idealized cross-section. Max depth 540 ft, average 173 ft. Depth at a specific dock depends on local bathymetry — verify at the property.
Allowed; borough permit
What a median-priced home on Kenai Lake actually costs to carry, with waterfront-specific line items most calculators omit.
| Principal & interest | $37,303 |
| Property taxes | $6,195 |
| Hazard insurance | $2,478 |
| Flood insurance | $650 |
| Utilities | $2,700 |
| Maintenance reserve (1.1%) | $6,490 |
| Septic service | $520 |
| Well & water testing | $260 |
| Dock maintenance | $900 |
| Winterization / seasonal close | $750 |
| Shoreline / seawall reserve | $960 |
| Total | $59,206 |
Main channel is fantastic. Some of the back coves get shallow and mucky by late summer. Walk the actual shoreline before you commit, not just the listing photos.