$699,000
Homer, AK 99603
MLS# 25-5488
2 beds | 2 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
Contract Info
Price-List: 699000
Date-Listing: 2025-05-09
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 490 - Homer
Street #: 4510
Street Name: Thomas
Arterial: Court
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 2
Bathrooms Half: 1
Bathrooms Full: 1
Bathrooms Total: 2
Bldgs-Ttl #: 2
Year Built: 1998
SF-Res: 1848
Number of Units: 2
SF-Lot: 91911.6
Acres: 2.11
Garage Spaces: 1
Prkg Spcs: 6
Lot Area Source: Tax Authority
Zoning: RR - Rural Residential
Directions and Remarks
Directions: Just up East hill to Thomas Court on your right.
Building Info
Units-# of 1 BR: 2
Unit #1
Bath - Full: 1
Bath-Half: 1
Bedroom: 1
Dining Room: 1
Family Room: 1
Kitchen: 1
Living Room: 1
Parking Spaces: 2
Unit #2
Bath - Full: 1
Kitchen: 1
Living Room: 1
Utility Room: 1
Garage: 1
Parking Spaces: 4
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Log; Vinyl
Foundation Type: Poured Concrete
Construction Type: Log; Wood Frame
Garage Type: Attached
Heating: Natural Gas; Radiant Floor; Wood; Wood Stove
Sewer-Type: Public Sewer
Water Source: Public
Access Type: Gravel; Unknown-BTV
View Type: Bay; Glacier; Mountains; Ocean; Unobstructed
Topography: Sloping
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: Ocean
Features-MultiFamily: Shed; Smoke Detector(s); Tenant Storage; Washer/Dryer; Washer/Dryer HkUp
Docs Avl for Review: Floor Plan
Listing Terms Financing: AHFC; Cash; Conventional; FHA; FHA 203(b); VA Loan
Supplements
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.