$415,000

40935 Belnap Dr Homer, AK 99603

Estimated payment $2,271/month

Total Views 1,385
3 Beds
2 Baths
1,560 Sq Ft
$266 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Shed
  • Homer Middle School Rated A-
  • Views
  • Water Softener

About This Home

This unique property offers versatility and charm on 2.65 acres. The upper level features a 1-bedroom home with prow-front windows, warm hickory cabinets, and a layout that opens to a large deck--perfect for soaking in the mountain view. A luxurious soaking tub adds a touch of everyday indulgence.Downstairs, you'll find a 2-bedroomstudio space with endless potential keep it as an art studio, guest quarters, or transform it into a duplex by adding a kitchen. Whether you're looking for an income opportunity, a creative retreat, or a multi-generational living setup, this property delivers flexibility and Alaskan beauty in one package.

Listing Agent

Marjorie Pellegrini

Go North Realty License #154226 Listed on: 08/14/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 2.65 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned UNZ, Not Zoned

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Washer and Dryer
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

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

Utilities

  • Heating Available
  • Private Water Source
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • Diamond View Estates Association
  • Built by Anchor River Construction

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.65
  • Directions: From the Sterling Hwy make a Right on Diamond Ridge and then a Left on Belnap Drive and the home is on the Left.
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Single Family Res
  • Year Built: 2005
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Washer &/Or Dryer, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1560

Exterior Features

  • Lot Features: Covenant/Restriction, Landscaped, Views
  • Topography: Gently Rolling
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Builder Name: Anchor River Construction
  • Common Walls: No Common Walls
  • Construction Type: Wood Frame - 2x6
  • Foundation Details: Concrete Perimeter, Quad-Lock
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Heating: Floor Furnace, Oil
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association Name: Diamond View Estates
  • Association: Yes

Schools

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

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 115434
  • Mobile Dim Units: Feet
  • Zoning Description: Not Zoned
  • Zoning: UNZ

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
2024 -- $305,700 $65,600 $240,100
2023 $0 $309,300 $65,600 $243,700
2022 $0 $303,100 $62,400 $240,700
2021 $0 $324,500 $58,800 $265,700
2020 $0 $263,500 $58,800 $204,700
2019 $0 $251,600 $60,700 $190,900
2018 $0 $241,900 $60,700 $181,200
2017 -- $248,600 $59,600 $189,000
2016 -- $255,800 $59,100 $196,700
2015 $2,023 $232,000 $59,100 $172,900
2014 $2,023 $234,500 $59,100 $175,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $415,000 -- $266 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $191,275 New Conventional
Closed $188,680 New Conventional
Closed $226,113 Purchase Money Mortgage
Previous Owner $195,600 Purchase Money Mortgage
Source: Public Records

Similar Homes in Homer, AK

  • 1590 Cantrell Creek Rd, Homer, AK 99603

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,312 Sq Ft
    • 1590 Cantrell Creek Rd
    • Homer, AK

    Brand-New Luxury Ranch Home Minutes from Downtown HomerDiscover the perfect blend of luxury, comfort, and convenience in this stunning new construction ranch-style home, ideally located just minutes from downtown Homer. Nestled in a brand-new subdivision with effortless access to the scenic Calvin Coyle Trail, this property offers the best of serene living with proximity to all amenities.This

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 60389 Bryant Ct, Homer, AK 99603

    $520,000

    • 3 Beds
    • 2 Baths
    • 1,823 Sq Ft
    • 60389 Bryant Ct
    • Homer, AK

    Private Birch Grove Retreat with Bay ViewsTucked away in a peaceful birch grove with sweeping views of Kachemak Bay, this custom-built home combines natural beauty with thoughtful, environmentally conscious design. From its quality construction to the many custom details throughout, this property offers a rare blend of comfort, craftsmanship, and privacy--all just minutes from downtown

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 51405 Mossberry Ave, Homer, AK 99603

    $365,000

    • 2 Beds
    • 1 Bath
    • 1,571 Sq Ft
    • 51405 Mossberry Ave
    • Homer, AK

    Welcome to your perfect retreat! Charming 2-bedroom, 1-bathroom home is nestled on 4.78 private, mountain-top acres--an ideal escape from the everyday hustle. Tucked away in total seclusion, it offers breathtaking mountain views and peaceful surroundings. The freshly painted exterior adds a touch of curb appeal, while the cozy interior includes an upstairs bonus space could be potential 3rd bdrm.

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 48526 Morrison Dr, Homer, AK 99603

    $325,000

    • 1 Bed
    • 384 Sq Ft
    • 48526 Morrison Dr
    • Homer, AK

    Rustic Cabin with Room to Grow -Discover the charm and potential of this beautiful acreage in Homer, featuring a 384 sq ft functional cabin tucked into the corner of the lot--leaving the rest wide open for your vision. With a mountain top view and second story expansive view, carport for covered parking, a raised platform for additional use, and plenty of space to expand,this property offers

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 41237 Heather St, Homer, AK 99603

    $388,000

    • 2 Beds
    • 2 Baths
    • 1,125 Sq Ft
    • 41237 Heather St
    • Homer, AK

    Welcome to your private Alaska Cottage Retreat, nestled on 4.6 serene acres along the beautiful stretch of Diamond Ridge. Room to expand or simply enjoy the privacy and abundant wildlife that make this location so special. Open floor plan with vaulted ceiling & large south facing windows invite abundant natural light & frame views of surrounding forest. Ski trails very close by.

    Angela Brock EXP Realty, LLC

    Section Image
  • 68107 Centurion Dr, Homer, AK 99603

    $329,000

    • 2 Beds
    • 3 Baths
    • 1,176 Sq Ft
    • 68107 Centurion Dr
    • Homer, AK

    Cozy 2-Story Home Outside City Limits Near Town with Country Charm, Ocean & Volcano Views! Don't miss this charming 2-story home offering the perfect blend of peaceful country living and close to town convenience. Featuring 2+ bedrooms, 2 bathrooms, and two spacious living areas (or offices), this well-maintained home is ideal for flexible living. Enjoy stunning views of Mt. Augustine across

    Brenda Hays Wavefront

    Section Image
  • 1630 Garden Park Dr, Homer, AK 99603

    $480,000

    • 2 Beds
    • 2 Baths
    • 1,438 Sq Ft
    • 1630 Garden Park Dr
    • Homer, AK

    Shown with Pride! Secluded Heart-filled Home in Your Own Private Park! Step inside to Enjoy the Warm Comfort of a Well-planned Home. Efficient Kitchen with Custom Wood Cabinets. Sunroom and Office! Gardeners will Love the Functional Greenhouse & Thriving Gardens. Manicured paths wind around Beautifully, Landscaped grounds. Charming Cabin Tucked in the Trees Perfect for Guests or Rental!From the

    Debra Leisek Bay Realty

    Section Image
  • 1060 Jeffery Ave, Homer, AK 99603

    $389,000

    • 2 Beds
    • 1 Bath
    • 1,116 Sq Ft
    • 1060 Jeffery Ave
    • Homer, AK

    Escape to Your Own Private Retreat with this Adorable A-frame Chalet, nestled on nearly 2 Acres in the Serene and Sought-After West Hill area. Surrounded by Mature Trees and set back on a Circular Driveway, this Home offers the Perfect Blend of Privacy and Welcome. Enjoy the convenience of a Detached Garage with Carport, along with Two Fully Fenced Areas ideal for animals or a Garden.With plenty

    Jennifer Seymour Bay Realty

    Section Image
  • 3625 W Hill Rd, Homer, AK 99603

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,246 Sq Ft
    • 3625 W Hill Rd
    • Homer, AK

    This unique property offers the perfect blend of living space and income potential. The downstairs features a cozy one-bedroom, one-bathroom unit, complete with an office space and a garage for added convenience. Upstairs, you'll find a spacious two-bedroom, one-bathroom unit with a kitchenette, offering privacy and comfort for tenants or guests.Enjoy paved parking and the convenience of being

    Amanda Miotke Story Real Estate

    Section Image
See All Homes in Homer

Source: Alaska Multiple Listing Service

MLS Number: 25-10551

Alaska Multiple Listing Service

APN: 173-740-47

Alaska Kenai Peninsula Borough Homer 99603

40935 Belnap Dr, Homer, AK

This home is located at 40935 Belnap Dr, Homer, AK 99603 and is currently priced at $415,000, approximately $266 per square foot. This property was built in 2005. 40935 Belnap Dr is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

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.

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.

Nearby Homes
Marjorie Pellegrini
Listing Agent
Marjorie Pellegrini
Section Image
Go North Realty
(907) 299-8271