Kachemak Bay is a 64-km-long (40 mi) arm of Cook Inlet in the U.S. state of Alaska, located on the southwest side of the Kenai Peninsula. The communities of Homer, Halibut Cove, Seldovia, Nanwalek, Port Graham, and Kachemak City are on the bay as well as three Old Believer settlements in the Fox River area, Voznesenka, Kachemak Selo, and Razdolna.