$499,000
744 Ocean Drive Loop
Homer, AK 99603
MLS# 26-10416
2 beds  |  2 baths  |  1730 sqft


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Property Description
A fantastic opportunity for an investment property, multi-generational living, or owner-occupant with rental income. The inviting upper-level residence features brand-new carpet and plenty of charm, while the lower-level unit offers accessible living with convenient ground-level access. Outside, enjoy a fenced apple orchard that adds a special touch to the property.

Details
Maps
Documents
Location, Legal, and School Info
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Tax ID: 17717423
School-Elementary: Paul Banks/Homer
School-Middle: Homer
School-High: Homer
Builder Name & Co: Owner
Legal: OSCAR MUNSON SUB LOT 78
Contract Info
Foreclosure/Bank Own: No
Price-List: 499000
Date-Listing: 2026-08-14
Status: Active
Property Info
Realtor.com Type: Residential - Single Family
Construction Status: Existing Structure
Property Attached/Common Walls: No
Bathrooms Half: 0
Bathrooms Three Quarter: 0
Bathrooms Full: 2
Bathrooms Total: 2
Acres: 0.25
SF-Lot: 10890
Lot Area Source: Tax Authority
Year Updated: 2026
Zoning: RR - Rural Residential
Garage Spaces: 0
Carport Spaces: 0
Beds: 2
SF-Res: 1730
Year Built: 2009
Remarks and Directions
Directions: From downtown Homer, travel west on W. Pioneer Avenue. Turn south onto Lake Street, then turn right onto Ocean Drive. Continue west on Ocean Drive Loop; look for Story Real Estate sign on right.
Residential Type
B & B Potential: 1
Listing Terms Financing
Cash: 1
Conventional: 1
FHA: 1
Exterior Finish
Vinyl: 1
Heating
Floor Furnace: 1
Natural Gas: 1
Topography
Level: 1
Roof Type
Asphalt: 1
Composition: 1
Construction Type
Wood Frame - 2x8: 1
Foundation Type
Quad-Lock: 1
Wtrfrnt-Access Near
None: 1
Garage Type
None: 1
Wtrfrnt-Frontage
None: 1
Carport Type
None: 1
Flooring
Carpet: 1
Linoleum: 1
Floor Style
Other - See Remarks: 1
Features-Interior
BR/BA on Main Level: 1
CO Detector(s): 1
Smoke Detector(s): 1
Washer &/Or Dryer Hookup: 1
Appliances
Range: 1
Refrigerator: 1
Dishwasher: 1
Washer/Dryer Stacked: 1
Features-Additional
In City Limits: 1
Water Source
Public: 1
Access Type
Gravel: 1
Maintained: 1
Mortgage Info
EM Minimum Deposit: 5000
Dining Room Type
Area: 1
Sewer Type
Public Sewer: 1
Docs Avl for Review
Docs Posted on MLS: 1
Location Legal and School Info
Area: 490 - Homer
Street #: 744
Street Name: Ocean Drive
Arterial: Loop
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Residential Type: B & B Potential
Construction Type: Wood Frame - 2x8
Exterior Finish: Vinyl
Roof Type: Asphalt; Composition
Foundation Type: Quad-Lock
Floor Style: Other - See Remarks
Garage Type: None
Carport Type: None
Heating: Floor Furnace; Natural Gas
Sewer Type: Public Sewer
Water Source: Public
Dining Room Type: Area
Features-Interior: BR/BA on Main Level; CO Detector(s); Smoke Detector(s); Washer &/Or Dryer Hookup
Appliances: Range; Refrigerator; Dishwasher; Washer/Dryer Stacked
Flooring: Carpet; Linoleum
Features-Additional: In City Limits
Access Type: Gravel; Maintained
Topography: Level
Wtrfrnt-Frontage: None
Wtrfrnt-Access Near: None
Listing Terms Financing: Cash; Conventional; FHA
Docs Avl for Review: Docs Posted on MLS
Supplements
With two natural gas meters and two electric meters, each unit has separately metered utilities, making ownership and management that much easier. Located in a desirable Homer neighborhood and connected to city water and sewer, this well-maintained duplex offers flexibility, income potential, and a great location.

IDX
Listing Office: Story Real Estate

Last Updated: August - 15 - 2026

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.