Nestled over Homer featuring sweeping views of Kachemak Bay and the Kenai Mountains from almost every room! This home features 3 bedrooms (or 2 bedrooms and an office), 2.5 baths, attached garage, finished daylight basement & open living concept.Two primary suites and two living areas with expansive views of the Homer Spit and Kachemak Bay from both floors.
The unfinished portion of the lower level is stubbed out and framed for a kitchenette and full bath.
Perched on a private 1.2-acre lot close to town and the East End bike path.
Directions: East end to east Bear Creek, right on Streller's Jay, left on Golden Plover, a right on Ptarmigan Heights Drive. Property is on your right.
Carport Y N: No
Garage Yn: Yes
New Construction: No
Property Attached Yn: No
Structure Type: B & B Potential, Single Family Res
Year Built: 2007
ResoPropertyType: Residential
Special Features: None
Interior Features
Appliances: Dishwasher
Has Basement: Partially Finished
Full Bathrooms: 2
Half Bathrooms: 1
Total Bedrooms: 3
Interior Amenities: Basement, BR/BA on Main Level, BR/BA Primary on Main Level
Living Area: 2802
Exterior Features
Lot Features: Road Service Area, Views
View: Bay, City Lights, Glacier, Mountain(s), Ocean, Spit, Unobstructed
View: Yes
Waterfront Features: None, No Access
Waterfront: No
Home Warranty: No
Builder Name: Beachy Construction
Common Walls: No Common Walls
Construction Type: See Remarks
Foundation Details: Unknown - BTV
Other Structures: Barn/Shop
Patio And Porch Features: Deck/Patio
Property Condition: Existing Structure
Roof: Metal
Garage/Parking
Attached Garage: Yes
Covered Parking Spaces: 2
Garaged Spaces: 2
Parking Features: Attached, No Carport
Total Parking Spaces: 2
Utilities
Heating Yn: Yes
Sewer: Public Sewer
Water Source: Cistern, Hold Tank, Water Delivered
Schools
Elementary School: West Homer
High School: Homer
Middle Or Junior School: Homer
Lot Info
Land Lease Amount Frequency: Monthly
Lot Size Sq Ft: 52707.6
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
DateNameOwned ForOwner Type
Aug 2024 - PresentSmith Jeffrey D and Mcgrew Cindy1 Year
Private Individual
Purchase Details
Listed on
Dec 1, 2023
Closed on
Aug 29, 2024
Sold by
Kaplan Joseph and Kaplan Ruth
Bought by
Smith Jeffrey D and Mcgrew Cindy
Seller's Agent
Valerie Buss
Kachemak Real Estate Group Real Broker
Buyer's Agent
Sarah Richardson
Story Real Estate
List Price
$750,000
Views
186
Current Estimated Value
$1,413,418
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.19%
Original Mortgage
$488,000
Outstanding Balance
$483,273
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$930,145
Dec 2007 - Aug 2024Kaplan Joseph and Kaplan Ruth16 Years and 8 Months
Private Individual
Purchase Details
Closed on
Dec 17, 2007
Sold by
Highland Properties 3607 Llc
Bought by
Kaplan Joseph and Kaplan Ruth
Jul 1997 - Dec 2007Mccown Bobby10 Years and 5 Months
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
Stunning panoramic views of Kachemak Bay! Beautifully constructed spacious condo with tall ceilings, huge windows, gourmet kitchen, granite, walk-in closets and a jetted tub with a view! Use the elevator for easy access to all three floors. Large 2 car garage, paved access, tranquil setting on 15.44 shared acres of sunny manicured grounds. This exclusive corner unit is a rare find!
Coastal Elegance in the Heart of Homer!Embrace stunning, unobstructed views from this light and bright coastal-themed home ideally located in town. Set at the end of a flag driveway for added privacy, the home backs onto undeveloped school property, offering a peaceful, open setting. Step inside to find luxury vinyl flooring throughout, an inviting fireplace adorned with custom Tierra tile
Wake up to sweeping 180 views of Kachemak Bay, glaciers, and abundant wildlife from this well-appointed 3-bedroom, 2.5-bath home on a spacious 1.29 acres. Located on the desirable Homer Garden Bench near the bike trail, this property offers a home office, recreation room, and generous storage space--all in a setting that feels like a front-row seat to Alaska's beauty.
One of the best views in Homer! Beautiful 4 bedroom, 3.5 bath home on the desirable Homer Bench, has been lovingly cared for by year-round residents. Just three miles from the city center yet incredibly private, this home has easy access to schools, the Spit, beaches, and shopping.Spacious modern kitchen with a large center island offers two sinks and vast storage and counter space.Two separate
Becky TurkingtonKachemak Real Estate Group Real Broker
VIEWS! VIEWS! VIEWS!This custom-built 3-bedroom, 2-bath home sits perched above the Homer Spit, Kachemak Bay, and Kachemak Bay State Park, offering breathtaking views from every level. Beautiful craftsmanship and thoughtful design make the space both functional and inviting.With approximately 1,780 sq ft of living space plus an additional 1,108 sq ft on the lower level, there's room to live,
Becky TurkingtonKachemak Real Estate Group Real Broker
This Home Has So Much to Offer! Take Time to Enjoy Your Life in this Gorgeous Home with Astonishing Views! Sun, Warmth, Natural Woods Blend Beautifully in this 3 Bedroom Rambling Multi-Level Home with Free-flowing Floor Plan! A Gardener's Dream with Established Greenhouse and Two Additional Smaller Greenhouses, You Will Never Forget to Stop and Smell the Roses in this Beautiful Homer Haven.
Set on 1.29 meticulously landscaped acres in one of Homer's most desirable neighborhoods, this stunning custom craftsman home is not just a property--it's a statement. Built by Beachy Construction, one of Homer's premier builders, this home blends quality craftsmanship with an unmistakable Alaskan charm.Welcome to 40755 Morning Star Road - Where Thoughtful Design Meets Alaskan Beauty, this
This handcrafted owner-built log home offers Alaskan charm, quality craftsmanship, and unmatched views of Kachemak Bay, the Homer Spit, and surrounding mountains. Thoughtfully designed for comfort and versatility, this 3-bedroom, 3-bath home sits on a beautifully landscaped lot with a lush lawn, outdoor sitting area, fire pit, and greenhouse.Inside, the main home features a multi-level
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
Purchase History
Date
Type
Sale Price
Title Company
Warranty Deed
--
None Listed On Document
Warranty Deed
--
None Available
Warranty Deed
--
None Available
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$488,000
New Conventional
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/06/202409/06/24
Sold
--
--
--
07/21/202407/21/24
Pending
--
--
--
06/07/202406/07/24
Price Changed
$675,000
-6.9%
$241 / Sq Ft
04/05/202404/05/24
Price Changed
$725,000
-3.3%
$259 / Sq Ft
12/01/202312/01/23
For Sale
$750,000
--
$268 / Sq Ft
Source: Alaska Multiple Listing Service
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 59987 Tern Ct, Homer, AK 99603 and is currently estimated at $675,000, approximately $240 per square foot. This property was built in 2007. 59987 Tern Ct is a home located in Kenai Peninsula Borough with nearby schools including McNeil Canyon Elementary School, Homer Middle School, and Homer High 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.
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.
