The aim of this study was to evaluate a variety of synthetic strategies pertinent to the development of chimeric analogs of the structurally divergent nonapeptide hormones arginine vasopressin (AW) and bradykinin (BK). Single-chain peptides combining AW and BK directly, AVP(1-9)-BK(1-9) or via a flexible aminohexanoic acid (epsilon Ahx) linker, AVP(1-9)-epsilon Ahx-BK(1-9), bind with relatively high affinity to the bovine kidney medulla B-2a bradykinin receptor (B-2a BKR). Significantly, amino-terminal extended chimeric analogs of BK including AVP(1-9)BK(1-9) and galanin(1-13)-BK(1-9), are functional B-2 BKR agonists. These findings illustrate that chimeric peptides can activate G-protein-coupled receptors (GPCRs) in a manner analogous to that of endogenous monomeric agonists. Further development, combining the sequences of receptor subtype-selective antagonist, produced high-affinity chimeric antagonists of the V-1a vasopressin receptor (V-1a VPR) and the B-2a BKR. We also determined the pharmacological characteristics of high-affinity chimeric hormone analogs derivatized with the membrane targeting function of mastoparan. Homodimers of an amino-terminal extended BK analog and a V-1a-selective antagonist represent the first examples of new classes of B-2 BKR and V-1a VPR antagonists, respectively. These findings are discussed in relation to the GPCR binding site for small peptides and the development of novel biological probes and therapeutic agents.