3 months on rocket

40854 Ruth Way, Homer, AK, 99603

$299,000

Home List Price

$3,551*

Closing Credit

1 Bedroom
1 Full Bath
House

Location

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40854 Ruth Way, Homer$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built2022
HeatingKerosene, Oil, Wood, Other
MLS #24-12077
Lot Size2.09 Acres
StatusActive

About 40854 Ruth Way

This charming one-bedroom cottage is a delightful retreat nestled on 2 acres of pristine land. Located in the heart of nature, this property offers a peaceful escape from the hustle and bustle of everyday life.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch-Traditional
  • Year Built: 2022
  • Stories: 1

Listing Office:

  • Office Name: Story Real Estate
  • Office Phone: (907) 226-3933

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator
  • Flooring Type: Laminate, Carpet
  • Interior: Carbon Monoxide Detector, Smoke Detector, Wood Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Lot Features

Lot Information:

  • Lot Size: 2.09 Acres

Utilities

Utilities Information:

  • Heating: Kerosene, Oil, Wood, Other

Other

Directions Information:

  • Directions: Take the Sterling Highway to Diamond Ridge, Once on Diamond Ridge take the first left onto Ruth Way. Property Is located on the right hand side at the end of the Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
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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

$499K

Med. Price/SqFt

$226

Avg. Days On Market

169

# of Sold Homes

8

40854 Ruth Way vs Homer

94 DAYS ON ROCKET

-75 Days

$299,000

-$200K Less

KEY TAKEAWAY

This property is $200K less 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: #24-12077

Listing Office:

  • Office Name: Story Real Estate
  • Office Phone: (907) 226-3933

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: 12/21/2024, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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NMLS#3030

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-765403
7
/10

  • Fireweed Academy

  • 995 Soundview Ave

  • 4.60 miles

  • Public Charter Grades KG-6

school-card-donut-765404
6
/10

  • West Homer Elementary School

  • 995 Soundview Ave Ste 1

  • 4.60 miles

  • Public District Grades 3-6

school-card-donut-765405
6
/10

  • McNeil Canyon Elementary School

  • 52188 E End Rd

  • 15.24 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 $74,486. Residents of Homer, AK typically earn between $100k-200k each year. Most families are married, 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 40854 Ruth Way

What is the listing price of this property?

The listing price of 40854 Ruth Way property is $299,000.

What type of property is this?

The property 40854 Ruth Way is a house located in Homer, Alaska, 99603.

Is this property for sale now?

Active Listing: 40854 Ruth Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 40854 Ruth Way has 1 bedroom and 1 bathroom.

Which year was this property built?

The year of construction for 40854 Ruth Way is 2022.

Rocket Homes›Alaska›Kenai Peninsula County›Homer›99603›40854 Ruth Way

This home is located at 40854 Ruth Way in Homer, AK and zip code 99603. This home, which was built in 2022, sits on a 2.09 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $299,000.

The number of homes for sale in Homer, AK decreased by 19.2% between October 2024 and November 2024. In November 2024, listings were on the market for 169 days. During the same period, the median list price in this real estate market was $499,000.

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

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