$275,000
$50K PRICE DROP

48526 Morrison Dr Homer, AK 99603

Total Views 152,734
1 Bed
-- Bath
384 Sq Ft
$716 Price per Sq Ft

Highlights

  • Peek-A-Boo Views
  • Wood Burning Stove
  • Fireplace
  • Homer Middle School Rated A-
  • Log Cabin
  • Shed

About This Home

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 incredible development potential. Whether you're dreaming of building your dream home, creating a compound, or enjoying a peaceful Alaskan getaway, this property gives you the freedom to do it all. A rare opportunity to own usable acreage with existing infrastructure in a prime Homer location!

Listing Agent

Gina Pelaia

Berkshire Hathaway HomeServices Alaska Realty License #16355 Listed on: 08/06/2025

Berkshire Hathaway HomeServices Alaska Realty

Co-Listing Agent

Michael Cardwell

Berkshire Hathaway HomeServices Alaska Realty License #220304

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 1.93 Acre Lot
  • Property is zoned UNZ, Not Zoned

Parking

  • Carport

Home Design

  • Log Cabin
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1 Bedroom
  • 384 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Peek-A-Boo Views
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave

Outdoor Features

  • Shed

Schools

  • Mcneil Canyon Elementary School
  • Homer Middle School
  • Homer High School

Utilities

  • Heating Available
  • Electricity To Lot Line
  • Private Water Source
  • Well
  • Sewer Not Available

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

1.93 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.93
  • Road Frontage Type: Government
  • Road Surface Type: Gravel
  • Co List Office Phone: 907-226-2226
  • Directions: Travel East End Road to mile marker 18, turn right on Morrison Drive and property is on the left.
  • Architectural Style: Cabin
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Recreational/Cabin
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
  • Total Bedrooms: 1
  • Fireplace Features: Wood Burning Stove
  • Fireplace: Yes
  • Interior Amenities: Storage
  • Living Area: 384

Exterior Features

  • Lot Features: Road Service Area, Views
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Disclosures: Prop Discl Available
  • Home Warranty: No
  • Common Walls: No Common Walls
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Post on Pad
  • Other Structures: Workshop, Barn/Shop, Outhouse, Shed(s)
  • Property Condition: Existing Structure
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking, No Garage, Attached Carport

Utilities

  • Heating: Wood, Wood Stove
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: None
  • Utilities: Electric
  • Water Source: Private, Well

Schools

  • Elementary School: McNeil Canyon
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 84070.8
  • 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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
2025 $797 $83,200 $46,600 $36,600
2024 $797 $73,700 $42,600 $31,100
2023 $805 $70,100 $38,700 $31,400
2022 $809 $68,600 $36,900 $31,700
2021 $848 $68,900 $36,900 $32,000
2020 $790 $72,200 $39,900 $32,300
2019 $872 $79,300 $39,900 $39,400
2018 $848 $77,100 $39,900 $37,200
2017 $796 $73,700 $40,000 $33,700
2016 $826 $76,500 $39,000 $37,500
2015 $516 $74,700 $39,000 $35,700
2014 $516 $74,300 $39,000 $35,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 Price Changed $275,000 -6.8% $716 / Sq Ft
09/12/2025 09/12/25 Price Changed $295,000 -9.2% $768 / Sq Ft
08/06/2025 08/06/25 For Sale $325,000 -- $846 / Sq Ft
Source: Alaska Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $29,000 Seller Take Back
Source: Public Records

Source: Alaska Multiple Listing Service

MLS Number: 25-10108

Alaska Multiple Listing Service

APN: 185-310-26

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