NOT LISTED FOR SALE

40623 Misty Ridge Rd Homer, AK 99603

Estimated Value: $618,544 - $751,000

5 Acres
$136,954 Price per Acre
217,800 Sq Ft Lot

Last Sold December 15, 2016

Current estimated payment $4,333/month

70 Days on Market

Highlights

  • Ocean View
  • Property fronts an inlet
  • Partially Wooded Lot
  • Homer Middle School Rated A-

About This Lot

As of December 2016

Five acres of spectacular, 270-degree view including Cook inlet, three volcanoes, the Anchor River Valley, and the hills to the east. Build where you see every sunrise reflected on the volcanoes and every sunset across the Inlet. Stretch your eyes and revel in your find, where it feels like it's just you, land, and ocean! Listed almost $8,000 below assessed value!

Last Listed By

Denise Pitzman

Red Knot Real Estate License #18090 Listed on: 09/11/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,000

Year Built

  • 2018

Lot Details

  • 5 Acre Lot
  • Property fronts an inlet
  • Partially Wooded Lot
  • Property is zoned RR, Rural Residential

Property Views

  • Ocean Views
  • Unobstructed Views

Schools

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

Property Details

Property Type

Land

Est. Annual Taxes

$6,000

Year Built

2018

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 5
  • Lot Size: 318 ft. approx. x 628 ft. approx x 318 ft approx. x 628 ft. approx
  • Road Surface Type: Gravel
  • Directions: From the Sterling Highway, turn north onto Diamond Ridge Road. Turn west (left) on Misty Ridge Rd. Look for sign on the left. Walk through the alder along the road to see the open view.
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built (Public Record): 2018

Exterior Features

  • Lot Features: Views
  • Topography: Sloping
  • View: Inlet, Mountain(s), Ocean, Unobstructed
  • View: Yes
  • Waterfront Features: No Access, None
  • Waterfront: No

Utilities

  • Utilities: Elec - Adj to Site, Septic - None, Well - None

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Current Use: Residential
  • Lot Size Sq Ft: 217800
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: Acres

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Churchill Ashley and Churchill Kristen
Bought by
Churchill Kristen
Total Days on Market
70
Current Estimated Value
$684,772

Purchase Details

Closed on
Apr 10, 2024
Sold by
Churchill Ashley
Bought by
Bell Kristen D

Purchase Details

Closed on
Apr 28, 2011
Sold by
Caruthers Shirley
Bought by
Caruthers Shirley Y and Shirley Y Caruthers Revocable Trust

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Churchill Kristen -- None Listed On Document
Bell Kristen D -- None Listed On Document
Caruthers Shirley Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Churchill Ashley $349,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold -- -- --
11/22/2016 11/22/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $56,900 -- --
Source: Alaska Multiple Listing Service

Tax History Compared to Growth

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
2024 $6,000 $554,500 $66,900 $487,600
2023 $5,352 $466,200 $66,900 $399,300
2022 $4,849 $410,900 $63,700 $347,200
2021 $664 $405,900 $58,600 $347,300
2020 $5,067 $463,200 $58,600 $404,600
2019 $2,422 $440,400 $60,400 $380,000
2018 $664 $60,400 $60,400 $0
2017 $754 $69,800 $69,800 $0
2016 -- $64,800 $64,800 $0
2015 $515 $64,800 $64,800 $0
2014 $515 $64,800 $64,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Denise Pitzman

    Seller's Agent in 2016

    Denise Pitzman

    Red Knot Real Estate

    (907) 299-4650

    183 Total Sales

    Denise Pitzman
    Section Image

  • A

    Buyer's Agent in 2016

    Ashley Churchill

    Kachemak Keller Williams Realty Alaska Group

    (907) 299-1669

    Section Image
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Map

Source: Alaska Multiple Listing Service

MLS Number: 16-14776

Alaska Multiple Listing Service

APN: 173-210-06

Alaska Kenai Peninsula Borough Homer 99603

40623 Misty Ridge Rd, Homer, AK

Homes for Sale in Homer, AK

This home is located at 40623 Misty Ridge Rd, Homer, AK 99603 since 11 September 2016 and is currently estimated at $684,772. This property was built in 2018. 40623 Misty Ridge Rd is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

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Alaska Multiple Listing Service 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 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

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