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$525,000
5 Beds
3 Baths2 full baths + 1 half bath
2,305sqft
40035 Fernwood Dr, Homer, AK 99603
$525,000
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Multi Family
Built in 1959
$-- HOA
1.08 acres lot
$228/sq.ft
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 l...
Continue Reading- Houzeo last checked: 40 minutes ago
- Listing updated: June 9, 2026 at 3:07 am
- Listing Provided by: Sarah M Richardson (907) 299-5909 DRE #108060 | Story Real Estate (907) 226-3933
- Source: Alaska MLS-AK | MLS#: 26-1609
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
--
City
Neighborhood
--
Year Built
1959
HOA Fees
-
Finished Area
2,305 sqft
Lot Size
1.08 acres lot
Basement Area
- sqft
MLS Name
Alaska MLS
MLS Number
26-1609
MLS Status
Active
Days on Market
140
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