$245,000
$80K PRICE DROP

48526 Morrison Dr Homer, AK 99603

Estimated payment $1,356/month

Total Views 155,087
1 Bed
-- Bath
384 Sq Ft
$638 Price per Sq Ft

Highlights

  • Peek-A-Boo Views
  • Fireplace
  • Washer and Dryer
  • Homer Middle School Rated A-
  • Shed
  • Level Lot

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: 08/07/2025

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
  • Level Lot
  • Property is zoned UNZ - Not Zoned

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

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

Schools

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

Additional Features

  • Shed
  • Sewer Not Available

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

1.93 Acres

Listing Details

  • 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
  • New Construction: No
  • Property Attached Yn: No
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer, Refrigerator
  • Total Bedrooms: 1
  • Fireplace Features: EPA Certified Wood Stove
  • Fireplace: Yes

Exterior Features

  • Lot Features: Level, Road Service Area, Views
  • View: Mountain(s), Partial
  • View: Yes
  • Home Warranty: No
  • Construction Type: Wood Frame
  • Exterior Features: Storage
  • Foundation Details: Post on Pad
  • Other Structures: Barn(s), Shed(s), Outhouse, Workshop
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Sewer: None
  • Utilities: Electric

Schools

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

Lot Info

  • Lot Size Sq Ft: 84070.8
  • Zoning: UNZ - Not Zoned

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
04/23/2026 04/23/26 Price Changed $245,000 -10.9% $638 / 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

Your Personal Tour Guide

Ask me questions while you tour the home.