Description
Homer Bench property with expansive views of Kachemak Bay. Includes a 3-bed, 1.5-bath main home (1,421 sqft) plus detached 2-bed, 1-bath unit (884 sqft) above a heated 2-car garage. Currently, two separate long-term rentals; tenants pay utilities = low operating costs. Instant cash flow + room for growth. Options abound including owner occupancy, multi-generational living, or investment. Perched on the Homer Bench with wide-open views of the Homer Spit, Kachemak Bay, and the surrounding mountains and glaciers, this property offers a rare mix of scenery and flexibility. The setup includes two separate living spaces: a 3-bedroom, 1.5-bath main home and an apartment over a large two-car garage. Both units have been rented long term, with tenants paying their own utilities, keeping operating costs low. One unit will be available in the coming months, making this a strong option for an owner-occupant who wants help offsetting expenses, or for someone continuing it as a long-term rental property. The garage provides generous storage or parking, with additional on-site parking available. This is a location people actively look for paired with a property that offers real-world flexibility for how you live or invest in Homer.
Details
| MLS # | 26-1609 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 191 |
| Listing Provided By | Story Real Estate | Sarah M Richardson |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,305 |
| Garage | 2 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | UNZ - Not Zoned |
| Acreage | 1.08 |
| Property View | Bay, Glacier, Unobstructed, Ocea |
Interior
| Heating | Baseboard, Oil, Wood Stove, Floor Furnace |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Smoke Detector(s) |
| Lot Features | Gentle Sloping |
| Construction Materials | Block, Wood Frame |
| Foundation Details | Block, Slab |
| Other Structures | Shed(s) |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Heated Garage, Tuck Under |
| Carport Sp Type Co Carport Sp Type | None |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Road Surface Type | Gravel, Maintained |
|---|---|
| Frontage Type | None |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Fernwood 2024 Tr 1A |
Area Information
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Kachemak City | Fritz Creek |
| Community Name | Fernwood SUB 2004 |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in Fernwood SUB 2004) | |
Price: $515,000 low | high Med: $515,000 sqft: 2,305 low | high Med: 2,305 $ / sqft: $223 low | high Med: $223 On site: 191 low | high Med: 191 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Kachemak City | Fritz Creek |
| Community Name | Fernwood SUB 2004 |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in Fernwood SUB 2004) | |
Price: $515,000 low | high Med: $515,000 sqft: 2,305 low | high Med: 2,305 $ / sqft: $223 low | high Med: $223 On site: 191 low | high Med: 191 | |
