NOT LISTED FOR SALE

40755 Misty Ridge Rd Homer, AK 99603

Estimated Value: $815,000 - $908,758

6 Beds
3 Baths
5,730 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 15, 2018

Current estimated payment $5,534/month

329 Days on Market

Highlights

  • Under Construction
  • Views
  • Heating Available
  • Homer Middle School Rated A-
  • Gentle Sloping Lot

About This Home

As of August 2018

Huge home on 5 acres with beautiful view of the volcanoes. 5,730 square feet includes 6 bedrooms and 3 baths, perfect for a really big family or use as a spacious B&B. Most of the house is close to completion, here's the opportunity to put your finishing touches on this home and make it yours. Shed and Conex container for storage on the property. Great location close to Homer yet very private.

Last Listed By

Kenneth Swisher

Coastal Realty - Homer License #18197 Listed on: 07/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,511

Year Built

  • Built in 1994 | Under Construction

Lot Details

  • 5 Acre Lot
  • Gentle Sloping Lot
  • Suitable for Bed and Breakfast
  • Property is zoned UNZ, Not Zoned

Home Design

  • Block Foundation

Interior Spaces

  • 5,730 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Btv-Undiscl By Ll Elementary And Middle School
  • Btv-Undiscl By Ll High School

Utilities

  • Heating Available
  • Private Water Source
  • Septic Tank

Community Details

  • Built by Sherry Hemmrich

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,511

Year Built

Built in 1994 | Under Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5
  • Road Frontage Type: Dedicated Road
  • Road Surface Type: Gravel, Paved
  • Co List Office Mls Id: 4012
  • Co List Office Phone: 907-235-7700
  • Directions: From Homer take Sterling Highway North and go right on Diamond Ridge. Misty Ridge Road is approximately one mile on the left, 1st home on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1994
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 5730

Exterior Features

  • Topography: Gently Rolling
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Sherry Hemmrich
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Block
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private

Schools

  • Elementary School: BTV-Undiscl by LL
  • High School: BTV-Undiscl by LL
  • Middle Or Junior School: BTV-Undiscl by LL

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 217800
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned
  • Zoning: UNZ
  • 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
Mar 29, 2023
Sold by
Salamatof Native Assn Inc
Bought by
Blackburn Bethany P
Total Days on Market
329
Current Estimated Value
$861,879

Purchase Details

Closed on
Feb 28, 2023
Sold by
Bollenbach Larry
Bought by
Bain-Holloway Lp

Purchase Details

Closed on
Apr 27, 2021
Sold by
Matthews Real Estate-Cmre Inc
Bought by
Matthews Chadwick and Matthews Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.1%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Blackburn Bethany P -- First American Title
Blackburn Bethany P -- First American Title
Bain-Holloway Lp -- None Listed On Document
Bain-Holloway Lp -- --
Matthews Chadwick -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Chadwick $235,000
Previous Owner Matthews Chadwick $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold -- -- --
06/15/2018 06/15/18 Pending -- -- --
07/20/2017 07/20/17 For Sale $399,000 -- $70 / Sq Ft
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 $8,511 $836,600 $86,400 $750,200
2023 $8,282 $771,400 $86,400 $685,000
2022 $6,717 $619,200 $82,300 $536,900
2021 $3,284 $444,900 $75,600 $369,300
2020 $5,594 $511,300 $75,600 $435,700
2019 $3,446 $313,300 $77,900 $235,400
2018 $3,284 $298,500 $77,900 $220,600
2017 $2,911 $269,500 $69,800 $199,700
2016 -- $257,900 $76,100 $181,800
2015 $2,981 $519,800 $76,100 $443,700
2014 $2,981 $493,200 $76,100 $417,100
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Swisher

    Seller's Agent in 2018

    Kenneth Swisher

    Coastal Realty - Homer

    (907) 235-7700

    56 Total Sales

    Kenneth Swisher
    Section Image

  • A

    Seller Co-Listing Agent in 2018

    Art Swisher

    Coastal Realty - Homer

    (907) 235-7700

    72 Total Sales

    Art Swisher
    Section Image

  • C

    Buyer's Agent in 2018

    Crisi Matthews

    Matthews Real Estate

See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 17-12311

Alaska Multiple Listing Service

APN: 173-210-08

Alaska Kenai Peninsula Borough Homer 99603

40755 Misty Ridge Rd, Homer, AK

Homes for Sale in Homer, AK

This home is located at 40755 Misty Ridge Rd, Homer, AK 99603 since 20 July 2017 and is currently estimated at $861,879, approximately $150 per square foot. This property was built in 1994. 40755 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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