$948,000
PENDING $30K PRICE DROP

1855 Mission Rd Homer, AK 99603

Estimated payment $5,625/month

Total Views 9,005
4 Beds
3 Baths
2,788 Sq Ft
$340 Price per Sq Ft

Highlights

  • Ocean View
  • 5.25 Acre Lot
  • Private Yard
  • Homer Middle School Rated A-
  • Deck
  • Den

About This Home

This is a rare chance to own an estate-sized parcel in Homer! Over 5 acres of open, usable land with multiple building sites and the kind of panoramic, world-class views that make this area so special. Outside, enjoy a lush, mature yard, established garden areas, and both a greenhouse and high tunnel, ready for growing and outdoor projects. The property also features multiple other buildingsites if you wish to expand. Private paths wind through the property, offering quiet spots to explore, relax, and take in the views. Whether you're dreaming of building a second home, creating a hobby farm, or simply enjoying the open space, this property delivers both potential and a spectacular setting.

Set back for complete privacy yet close to town, the property includes a 4-bedroom home with an office, offering ample space for family, guests, or creative use.

The kitchen has been recently updated, while the rest of the home offers a great opportunity for a new owner to add value and personal touches over time.

Enjoy world-renowned panoramic views of Kachemak Bay, the mountains, and glaciers from nearly every corner of the land. Whether you're soaking in the sunrise or watching eagles soar overhead, this property offers a front-row seat to Alaska's natural beauty.

A rare find with this much usable space so close to town, this expansive parcel blends privacy, beauty, and potential like no other.

PLUS: The neighboring 4.59 acres and 1,000 SF shop are also available. Imagine owning almost 10 acres of front row view property in Homer.

Listing Agent

Valerie Buss

Kachemak Real Estate Group Real Broker License #156938 Listed on: 06/11/2025

Kachemak Real Estate Group Real Broker

Co-Listing Agent

Becky Turkington

Kachemak Real Estate Group Real Broker License #188838

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,988

Year Built

  • Built in 1973

Lot Details

  • 5.25 Acre Lot
  • Property fronts a private road
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Parking

  • 2 Car Attached Garage
  • Attached Carport

Property Views

  • Ocean
  • Bay
  • Glacier
  • Unobstructed Views
  • City Lights

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,788 Sq Ft Home
  • Den
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck

Schools

  • West Homer Elementary School
  • Homer Middle School
  • Homer High School

Utilities

  • Heating Available
  • Cistern
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,988

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.25
  • Road Frontage Type: Dedicated Road, Private Road
  • Co List Office Mls Id: 4955
  • Co List Office Phone: 907-235-7733
  • Directions: East Hill road to Mission. Go all the way to end where Mission turns into Misty Lane, take a right. Home is at the very bottom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Luxury Vinyl
  • Interior Amenities: Basement, BR/BA on Main Level, BR/BA Primary on Main Level, Den &/Or Office
  • Living Area: 2788

Exterior Features

  • Lot Features: City Lot, Views
  • View: Bay, City Lights, Glacier, Mountain(s), Ocean, Spit, Unobstructed
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached, No Carport
  • Total Parking Spaces: 2

Utilities

  • Heating: Floor Furnace, Natural Gas, Other, Wood, Wood Stove
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Cistern, Water Delivered, Well

Schools

  • Elementary School: West Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 228690
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,988 $614,000 $212,600 $401,400
2024 $5,988 $583,600 $201,300 $382,300
2023 $5,338 $488,800 $178,100 $310,700
2022 $5,133 $456,700 $149,300 $307,400
2021 $4,538 $446,800 $145,100 $301,700
2020 $5,146 $449,800 $143,700 $306,100
2019 $2,513 $437,000 $143,700 $293,300
2018 $4,538 $394,600 $107,200 $287,400
2017 $4,648 $411,300 $133,600 $277,700
2016 $4,205 $372,100 $106,800 $265,300
2015 $4,019 $338,400 $106,800 $231,600
2014 $4,019 $339,900 $106,800 $233,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
07/08/2025 07/08/25 Price Changed $948,000 -3.1% $340 / Sq Ft
06/11/2025 06/11/25 For Sale $978,000 +112.7% $351 / Sq Ft
08/03/2016 08/03/16 Sold -- -- --
05/25/2016 05/25/16 Pending -- -- --
04/03/2015 04/03/15 For Sale $459,900 -- $165 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,583 VA
Closed $425,000 Seller Take Back
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 25-7107

Alaska Multiple Listing Service

APN: 174-050-17