398 Mountain View Dr Homer, AK 99603
Homer AreaEstimated payment $3,602/month
About This Home
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.
Listing Agent
Kachemak Real Estate Group Real Broker License #188838 Listed on: 07/11/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1977
Lot Details
- 18,295 Sq Ft Lot
- Level Lot
Property Views
- Ocean
- Bay
- Glacier
- City Lights
Home Design
- 2,720 Sq Ft Home
- Wood Frame Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Parking Spaces
- 8 Open Parking Spaces
Schools
- Paul Banks/Homer Elementary School
- Homer Middle School
- Homer High School
Community Details
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,713 | $378,500 | $105,500 | $273,000 |
| 2024 | $3,329 | $324,500 | $91,400 | $233,100 |
| 2023 | $2,098 | $192,100 | $80,800 | $111,300 |
| 2022 | $2,047 | $182,100 | $67,700 | $114,400 |
| 2021 | $1,885 | $173,000 | $65,800 | $107,200 |
| 2020 | $1,910 | $167,000 | $65,100 | $101,900 |
| 2019 | $960 | $166,900 | $65,100 | $101,800 |
| 2018 | $1,885 | $163,900 | $63,500 | $100,400 |
| 2017 | $1,827 | $161,700 | $61,900 | $99,800 |
| 2016 | $1,689 | $149,500 | $63,600 | $85,900 |
| 2015 | $1,944 | $146,700 | $63,600 | $83,100 |
| 2014 | $1,944 | $155,200 | $63,600 | $91,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Pending | -- | -- | -- |
| 07/11/2026 07/11/26 | For Sale | $599,000 | 0.0% | $220 / Sq Ft |
| 06/24/2026 06/24/26 | Pending | -- | -- | -- |
| 06/19/2026 06/19/26 | For Sale | $599,000 | -- | $220 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $147,500 | Credit Line Revolving | |
| Closed | $197,581 | Credit Line Revolving | |
| Closed | $150,000 | Seller Take Back |
Source: Alaska Multiple Listing Service
MLS Number: 26-7408
APN: 177-270-03
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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