$699,000
Homer, AK 99603
MLS# 25-5391
2 beds | 3 baths | 1848 sqft

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Property Description
Rare Opportunity! Located within Homer City limits, this beautiful 2.11 Acre lot features Two well-maintained Homes overlooking Breathtaking Kachemak Bay. There's a custom-built log home and a ranch style with views of the Bay and Mountains. Enjoy the convenience of Public Utilities and Natural Gas while surrounded by Nature. Perfect for Multi-Generational Living, Rental Income or Investment.
Details
Maps
Documents
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Remote Description: JAMES WADDELL BOUNDARY SURVEY LOT 1-E TRACT 1
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 17904014
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Legal: James Waddell Boundary Survey L1-E Tr 1
Contract Info
Foreclosure/Bank Own: No
Price-List: 699000
Date-Listing: 2025-05-09
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 1
Bathrooms Three Quarter: 0
Bathrooms Full: 2
Bathrooms Total: 3
Acres: 2.11
SF-Lot: 91911.6
Lot Area Source: Tax Authority
Zoning: RR - Rural Residential
Garage Spaces: 1
Carport Spaces: 0
Beds: 2
SF-Res: 1848
Year Built: 1998
Remarks and Directions
Directions: Just up East hill to Thomas Court on your right.
Residential Type
B & B Potential: 1
Single Family Res: 1
Listing Terms Financing
AHFC: 1
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Exterior Finish
Log: 1
Other - See Remarks: 1
Heating
Natural Gas: 1
Wood Stove: 1
Topography
Sloping: 1
Roof Type
Metal: 1
Construction Type
Log: 1
Other: 1
Foundation Type
Poured Concrete: 1
View Type
Glacier: 1
Mountains: 1
Ocean: 1
Spit: 1
Wtrfrnt-Access Near
Ocean: 1
Slough/Estuary: 1
Garage Type
Attached: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Tile: 1
Floor Style
Cabin: 1
Chalet/A-Frame: 1
Ranch-Traditional: 1
Other - See Remarks: 1
Features-Interior
Refrigerator: 1
Soaking Tub: 1
Features-Additional
Fire Pit: 1
Fire Service Area: 1
Storage: 1
View: 1
Shed: 1
Water Source
Public: 1
Access Type
Gravel: 1
Sewer Type
Public Sewer: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 4510
Street Name: Thomas
Arterial: Court
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B Potential; Single Family Res
Construction Type: Log; Other
Exterior Finish: Log; Other - See Remarks
Roof Type: Metal
Foundation Type: Poured Concrete
Floor Style: Cabin; Chalet/A-Frame; Ranch-Traditional; Other - See Remarks
Garage Type: Attached
Carport Type: None
Heating: Natural Gas; Wood Stove
Sewer Type: Public Sewer
Water Source: Public
Features-Interior: Refrigerator; Soaking Tub
Flooring: Tile
Features-Additional: Fire Pit; Fire Service Area; Shed; Storage; View
Access Type: Gravel
View Type: Glacier; Mountains; Ocean; Spit
Topography: Sloping
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: Ocean; Slough/Estuary
Listing Terms Financing: AHFC; Cash; Conventional; FHA; VA Loan
Supplements
The next owner could continue the subdivision process that has preliminary approval. The subdivision could create 3 properties, giving the next owner an option to develop the vacant lot to their needs. Both homes currently share the water utility and that would need to be addressed prior to final approval of the subdivision.
The Scandinavian style Chalet exudes charm and warmth. Featuring a wood stove in the lower-level living area and a natural gas in the loft living area. The Ranch Style with attached Garage has open style studio with a separated living area. Both homes have stunning views of the ocean, mountains and glaciers. The yard has a firepit, garden area with storage shed. The Chalet is 1344 square feet, and the cottage is 504 square feet. Call your favorite Realtor today to schedule a showing.
Listing Office: Bay Realty
Last Updated: September - 03 - 2025

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.