- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
- Nearby Homes





Street View
$750,000
Monthly Est:$3,733
5 Beds
- 4 Baths
4 full baths
2,606sqft
40424 Gruening St, Homer, AK 99603
$750,000
$3,733/moEst:
Get Pre-Approved
Single Family Residence
Built in 1992
$-- HOA
3.07 acres lot
$288/sq.ft
Description
Panoramic Glacier & Bay Views That Will Take Your Breath Away! As you wind your way up scenic Panorama Drive, you'll feel like you can almost reach out and touch the glacier. Perched on 3.07 private acres, this exceptional property boasts one of the most spectacular, completely unobstructed views of Kachemak Bay, the glaciers, mountains, and surrounding wilderness that Homer has to offer. Designed to showcase the incredible scenery, the home features 4 spacious bedrooms and 3 full bathrooms, with large private bedrooms and an open-concept living, dining, and kitchen area framed by walls of windows that capture the ever-changing beauty of the bay. Whether you're enjoying your morning coffee or watching the sunset, the views are unforgettable.
Formerly a highly successful Bed & Breakfast, this property offers endless possibilities as a private residence, vacation home, or income-producing retreat. Recent improvements include a fully finished basement, adding valuable living space with a generous family room, as well as a new 896-square-foot detached garage perfect for vehicles, recreational toys, hobbies, or a workshop. A spacious utility area and an attached garage provide even more functionality.
Adding to the property's unique charm is a one-of-a-kind igloo, creating a memorable gathering space or conversation piece unlike anything else.
If you've been searching for privacy, acreage, incredible views, and a home with exceptional versatility, this is a rare opportunity to own one of Homer's most remarkable view properties.
Experience Alaska at its finest--where every day begins and ends with a postcard-worthy panorama.
- Houzeo last checked: 10 hours ago
- Listing updated: October 10, 2026 at 12:53 am
- Listing Provided by: Gina Pelaia (907) 399-6183 DRE #16355 | Berkshire Hathaway HomeServices Alaska Realty (907) 226-2226
- Source: Alaska MLS-AK | MLS#: 26-8688

Property Details
Status
Pending
Type
Single Family Residence
No. of Stories
-
County
--
City
Neighborhood
--
Year Built
1992
HOA Fees
-
Finished Area
2,606 sqft
Lot Size
3.07 acres lot
Basement Area
- sqft
MLS Name
Alaska MLS
MLS Number
26-8688
MLS Status
Pending
Days on Market
87

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Location
HOA Management
Gruening Vista
HOA Fees
$-/ Yearly
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Heating
Kerosene, Oil, Wood, Wood Stove
Interior Features
Dishwasher, Refrigerator, Arctic Entry, Basement, Br/ba On Main Level, Br/ba Primary On Main Level, Ceiling Fan(s), Co Detector(s), Electric, Family Room, Smoke Detector(s), Vaulted Ceiling(s), Washer &/or Dryer Hookup
Sewer
Septic Tank
Flooring
Carpet
Exterior Features
Covenant/restriction, Fire Service Area, Home Owner Assoc, Road Service Area, Storage, View
Appliances
Microwave (b/i)
Construction
Year Built
Year Built: 1992
Home type
Single Family Residence
Construction Materials
Wood Frame 2x6
Architectural Style
Two Story Tradtnl
Roof
Metal
Utilities & Energy
Water Source
Private, Well
Parking Features
Rv Parking, Garage Door Opener, Attached, Detached, Heated
Other Features
Lot Features
Gently Rolling, Level
Price History
| Date | Event | Price |
|---|---|---|
10/10/2026 Source: | Pending | $750,000 $288/sqft |
09/30/2026 Source: | Price Decreased | $750,000 -11.76% $288/sqft |
07/31/2026 Source: | Price Decreased | $850,000 -1.73% $326/sqft |
07/14/2026 Source: | Listed for Sale | $865,000 $332/sqft |
Getting Around 40424 Gruening St
Bike Score®
Somewhat Bikeable
1/100
Walk Score®
Car-Dependent
0/100
Data provided by Redfin
Nearby Homes
Find Homes by Property Features in Homer, AK
Based on information from Alaska MLS through Oct 09, 2026, 02:30PM but not compiled or published by Alaska MLS. Data maintained by Alaska MLS may not reflect all real estate activity in the market. Listing content is believed accurate but not guaranteed. 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 Congress Realty Inc. are marked with either the listing brokerage's logo or 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. The information or data used in this publication is copyrighted by Alaska MLS 2024 and no portion may be reproduced, redistributed or retransmitted without the express permission of Alaska MLS. Further, Alaska MLS does not warrant the accuracy of the information or data contained herein.© 2026 Alaska Multiple Listing Service Inc. All rights reserved.
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