Description
Exceptional Investment & Development Opportunity! Discover 11.44 acres of Rural Residential-zoned land offering tremendous potential for your future vision. Zoning allows for low-density multifamily development, creating opportunities for residential investment, development, or a private estate. An August 2024 appraisal valued this parcel at $400,000. For those seeking additional acreage, the adjoining Tract A, consisting of 11.59 acres, is also available for purchase MLS # 26-13851 . Both parcels may be purchased together as a package, offering a combined 23.03 acres! A rare opportunity to secure substantial acreage with flexible development possibilities. Buyers to verify zoning, permitted uses, utilities, and development requirements with the appropriate authorities.
Details
| MLS # | 26-13847 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | Berkshire Hathaway HomeServices Alaska Realty | Gina Pelaia |
Features
| Zoning | RR - Rural Residential |
|---|---|
| Acreage | 11.44 |
| Property View | Mountain(s) |
Exterior
| Lot Features | Level, Gently Rolling |
|---|
Utilities
| Utilities | Electricity Available |
|---|---|
| Utilities Co Utilities | Telephone - In Area, Electric - In Area |
Location
| Access Co Access | Unmaintained |
|---|---|
| Frontage Type | None |
| Road Responsibility | Road Mntd All Year |
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Foss Acres Tr B |
Area Information
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Diamond Ridge | Skyline |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $399,000 low | high Med: $650,000 On site: 11 low | high Med: 137 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Homer |
| Zip Code | 99603 |
| Area | 1B Kenai Peninsula Borough |
| Subarea | Diamond Ridge | Skyline |
| School District | Homer |
| Elementary School | Paul Banks/Homer |
| High School | Homer |
| Listing VS Median (in 99603) | |
Price: $399,000 low | high Med: $650,000 On site: 11 low | high Med: 137 | |
