2 months on rocket

40850 Waterman Rd, Homer, AK, 99603

$1,100,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
House

Location

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40850 Waterman Rd, Homer$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Garage2 spaces
Year Built2022
CoolingCeiling Fan(s)
WaterfrontWaterfront
ViewBay, Glacier, Mountain(s), Unobstructed
MLS #24-11981
Lot Size1.41 Acres
StatusActive

About 40850 Waterman Rd

Experience the epitome of luxury living in this stunning home, expertly crafted in 2022 by New Homes by Needham. Located in the highly sought-after Homer bench, this property offers mesmerizing views of the mountains, Kachemak Bay, glaciers and the Homer Spit. Designed with elegance and comfort in mind, this 3 bedroom 2.5 bath home features a spacious primary suite that opens directly to the hot tub and a large patio - perfect for unwinding while taking in the breathtaking surroundings. The homes open floor plan creates a modern aesthetic, highlighted by tall ceilings and expansive windows. The gourmet kitchen is outfitted with top-of-the-line appliances, granite countertops and cherry cabinets. The concrete floors add a contemporary touch, while upstairs the beautiful tile shower and soaking tub create a spa-like experience. With an oversized 2 car garage, this home combines luxury and practicality in a serene setting just minutes from Homer's amenities. Every detail has been thoughtfully curated to offer a truly exceptional living experience.

Property Details

Property Features

Property Information:

  • Architectural Style: Multi-Level
  • Year Built: 2022
  • Stories: 1

Listing Office:

  • Office Name: Kachemak Keller Williams Realty Alaska Group
  • Office Phone: (907) 235-7733

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Carbon Monoxide Detector, Smoke Detector, Soaking Tub, Vaulted/Cathedral Ceiling(s), Window Treatment(s), Granite Counters

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Bay, Glacier, Mountain(s), Unobstructed
  • Exterior: Covenant/Restriction, Deck/Patio, Garage Door Opener, Hot Tub, View, Circle Driveway

Parking Information:

  • Garage Space: 2 spaces

Virtual/3D Tour

  • 3D Tour: 40850 Waterman Rd
3D Tour

Lot Features

Lot Information:

  • Lot Size: 1.41 Acres

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: 5 miles out East End Road. Turn left on Waterman Road. 2nd house on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $1,165
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Homer, AK.

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Homer, AK

City

Med. List Price

$505K

Med. Price/SqFt

$249

Avg. Days On Market

148

# of Sold Homes

14

40850 Waterman Rd vs Homer

65 DAYS ON ROCKET

-83 Days

$1,100,000

+$595K More

KEY TAKEAWAY

This property is $595K more than the Median List Price in Homer, AK.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Alaska Multiple Listing Service
  • MLS Number: #24-11981

Listing Office:

  • Office Name: Kachemak Keller Williams Realty Alaska Group
  • Office Phone: (907) 235-7733

IDXThe 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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.

Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,165$101,800

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-216714
7
/10

  • Fireweed Academy

  • 995 Soundview Ave

  • 6.40 miles

  • Public Charter Grades KG-6

school-card-donut-216715
6
/10

  • West Homer Elementary School

  • 995 Soundview Ave Ste 1

  • 6.40 miles

  • Public District Grades 3-6

school-card-donut-216716
6
/10

  • McNeil Canyon Elementary School

  • 52188 E End Rd

  • 6.61 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,921. Residents of Homer, AK typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Homer, AK

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Homer, AK.

Homer's housing market offers a scenic blend of rustic and contemporary styles, with single-family homes dotting the landscape, many providing stunning views of Kachemak Bay. The market is diverse, with a mix of older, cabin-style homes and newer constructions that reflect the region's natural aesthetic. While single-family homes are prevalent, there are also options for those seeking condominiums or townhouses, accommodating a range of lifestyle preferences.

What is it like to live in Homer, AK?

Homer is celebrated for its artistic community and the iconic Homer Spit, a long strip of land reaching into the bay that's lined with shops and restaurants. The town prides itself on its connection to nature, with numerous outdoor activities such as fishing, hiking, and wildlife viewing that define the local lifestyle. Annual events like the Homer Halibut Festival reflect the town's maritime heritage and tight-knit community spirit.

Is it easy to get around Homer, AK without a car?

The community benefits from a selection of essential services, including public schools that serve different age groups, healthcare facilities equipped to provide primary care and emergency services, and a public library that serves as a hub for learning and local culture. Retail and dining experiences are reflective of the local culture, with an emphasis on seafood and locally-sourced ingredients. The town is responsive to the needs of its residents, with services evolving to meet the demands of its growing population.

Transportation in Homer, AK.

Transport in Homer includes a network of roads that connect residents to the rest of the Kenai Peninsula and beyond. Public transportation options are available, with schedules designed to accommodate the needs of the community. The area is known for its walkable downtown and the Spit, which are friendly to pedestrians and cyclists alike. Ride-sharing services are present, complementing the existing transport infrastructure and providing additional mobility solutions for residents and visitors.

Frequently Asked Questions About 40850 Waterman Rd

What is the listing price of this property?

The listing price of 40850 Waterman Rd property is $1,100,000.

What type of property is this?

The property 40850 Waterman Rd is a house located in Homer, Alaska, 99603.

Is this property for sale now?

Active Listing: 40850 Waterman Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,165 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40850 Waterman Rd has 3 bedrooms and 1 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 40850 Waterman Rd is 2022.

Rocket Homes›Alaska›Kenai Peninsula County›Homer›99603›40850 Waterman Rd

This home is located at 40850 Waterman Rd in Homer, AK and zip code 99603. This home, which was built in 2022, sits on a 1.41 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,100,000.

Between September 2024 and October 2024, Homer, AK real estate market has seen decrease in the number of listings by 8.5%. While the average time on the market in October 2024 was 148 days, the median list price was $505,000.

From Rocket Homes Real Estate and based on county public records data.

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