$1,700,000

40523 Summer Star Rd Homer, AK 99603

Homer Area

Estimated payment $9,864/month

Total Views 47
5 Beds
3.5 Baths
3,559 Sq Ft
$478 Price per Sq Ft

Highlights

  • Ocean View
  • Horses Allowed On Property
  • Vaulted Ceiling
  • Homer Middle School Rated A-
  • Sauna
  • Fireplace

About This Home

Luxury living in one of Homer's most desirable neighborhoods. Set on a large lot and positioned to capture sweeping views from every room, this exceptional home offers privacy, quality, and a thoughtful design rarely found in the local market. Floor-to-ceiling windows frame Kachemak Bay, the Kenai Mountains, glaciers, Homer Spit, and the surrounding landscape, bringing natural light and views into nearly every space. Upon entry, the home opens into a split-level layout that immediately showcases the scale, light, and setting of the property. The main level is designed for everyday living, with the kitchen, dining area, living room, primary suite, and office all thoughtfully placed on one level. The main living area features dramatic ceilings, large windows, an incredible gas fireplace, and direct access to the large southern-facing deck, making the most of the home's setting. The kitchen pairs clean design with quality finishes, featuring high-end appliances, a large island and natural light, keeping the space connected to the views. The primary suite offers you your own private retreat with unobstructed views, a private deck, and a spacious ensuite and sauna. The lower level adds significant living space, including a large second living area, a walkout basement, and three additional bedrooms. With full-size windows, incredible views, and direct access to the outdoors, this level feels open, comfortable, and connected to the setting. It is ideal for guests, family, entertaining, or flexible use. The property also features a large, manicured lawn with a pond, mini orchard and fenced garden, beautiful landscaping and established perennials. Located in a highly sought-after Homer neighborhood, this is one of the area's most distinctive luxury properties - offering space, privacy, views, and a level of quality that sets it apart.

Listing Agent

Valerie Buss

Kachemak Real Estate Group Real Broker License #156938 Listed on: 07/13/2026

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

Year Built

  • Built in 2021

Lot Details

  • 1.21 Acre Lot
  • Property is zoned UNZ - Not Zoned

Parking

  • 2 Car Attached Garage
  • Attached Carport

Property Views

  • Ocean
  • Bay
  • Glacier
  • Unobstructed Views

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,559 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Sauna
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • Horses Allowed On Property
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

1.21 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.21
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Gravel, Maintained
  • Co List Office Phone: 907-235-7733
  • Directions: East End Road to Morning Star, go to Morning Star to the top home is on the right-hand side, turn on to Summer Star.
  • Architectural Style: Split Level
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 2021
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Interior Amenities: Sauna, Vaulted Ceiling(s), Soaking Tub, BR/BA Primary on Main Level

Exterior Features

  • Lot Features: Horse Property
  • View: Bay, Glacier, Mountain(s), Spit, Unobstructed, Ocean
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame - 2x6, Wood Frame - 2x8
  • Foundation Details: Concrete Perimeter
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garaged Spaces: 2
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Zoning: UNZ - Not Zoned

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

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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 $8,188 $1,264,100 $115,000 $1,149,100
2024 $8,188 $1,090,300 $105,100 $985,200
2023 $7,332 $925,700 $93,100 $832,600
2022 $7,672 $877,800 $78,000 $799,800
2021 $1,255 $140,400 $75,700 $64,700
2020 $839 $93,800 $93,800 $0
2019 $750 $93,800 $93,800 $0
Source: Public Records

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
07/13/2026 07/13/26 For Sale $1,700,000 -- $478 / Sq Ft
Source: Alaska Multiple Listing Service

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 Available
Warranty Deed -- None Listed On Document
Source: Public Records

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 $985,000 New Conventional
Closed $810,000 New Conventional
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 26-8649

Alaska Multiple Listing Service

APN: 174-063-25

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