$599,000
 $3,216 est/mo Sourced by Back At You

398 Mountain View Drive,Homer, AK 99603

Homer, AK 99603

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Description

Exceptional investment opportunity with sweeping views of Kachemak Bay, the Homer Spit, and the surrounding mountains. This fourplex offers a combination of immediate rental income and value-add potential. Unit 1 is a spacious three-bedroom, one-bath unit that is currently vacant, providing the perfect opportunity for an owner-occupant or investor to build equity through updates and improvements. The remaining three units are occupied and generating income. Occupied units have had updates completed! Unit 2 features one bedroom and one bathroom, Unit 3 offers one bedroom and one bathroom, and Unit 4 includes two bedrooms and one bathroom.

Details

MLS #26-7408
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1977
Days On Site67
Listing Provided ByKachemak Real Estate Group Real Broker | Becky Turkington

Features

Bed(s)7
Bath(s) 4 Total
SQ Feet2,720
Units4
Building(s)1
ZoningUR - Urban Residential
Acreage0.42
Property ViewBay, City Lights, Glacier, Mount

Interior

HeatingNatural Gas, Floor Furnace
Heating Yes / NoYes

Exterior

RoofAsphalt
Lot FeaturesLevel, Gentle Sloping
Construction MaterialsWood Frame
Foundation DetailsUnknown - BTV
Exterior Sp Finish Co Exterior Sp FinishWood

Parking

Attached Garage Yes / NoNo
Parking FeaturesNone
Carport Sp Type Co Carport Sp TypeNone

Utilities

SewerPublic Sewer

Location

Road Surface TypeDedicated Road, Government, Maintained
Frontage TypeNone

Taxes

Tax Map NumberN/A
Tax Legal DescriptionAnderson 1976 L3 B8

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$599,000
low | high
Med:
$619,000
46.661101836394% of Average
sqft:
2,720
low | high
Med:
1,200
100% of Average
$ / sqft:
$220
low | high
Med:
$516
84.234835837507% of Average
On site:
67
low | high
Med:
98
68.367346938776% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$599,000
low | high
Med:
$619,000
46.661101836394% of Average
sqft:
2,720
low | high
Med:
1,200
100% of Average
$ / sqft:
$220
low | high
Med:
$516
84.234835837507% of Average
On site:
67
low | high
Med:
98
68.367346938776% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $449K - $748K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
176 Mountain View Drive Property Photo 1
$799,000
176 Mountain View Drive
Homer, AK 99603
176 Mountain View Drive Property Photo 1
$799,900
176 Mountain View Drive
Homer, AK 99603
Listing Updated: August 5, 2026 at 7:07:59 PM PDT