Your ''Pot of Gold'' in the Cosmic Hamlet! Combine an idyllic Beluga Lake setting with a Kenai Mountain backdrop and downtown Homer convenience. Each unit is styled with a refreshingly unique Alaska / Nordic theme. Cozy and desirable with thoughtful functionality throughout. This complex exudes potential for short or longer term rentals. Let this be your rainbow!
For sale
Price cut: $105K (8/14)
$1,190,000
1149 Virginia Lynn Way, Homer, AK 99603
6beds
3,600sqft
Multi Family
Built in 2023
-- sqft lot
$1,152,400 Zestimate®
$331/sqft
$-- HOA
What's special
- 173 days
- 197
- 6
Zillow last checked:
Listing updated:
Listed by:
Ian Reid,
Story Real Estate
Source: AKMLS,MLS#: 26-5818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Natural Gas
Appliances
- Included: Washer/Dryer
Features
- Flooring: Carpet, Laminate
- Has basement: No
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: No Garage
Features
- Has view: Yes
- View description: Bay, Lake, Mountain(s)
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Bay Access, Inlet Access, Lake Privileges, Slough/Estuary Access, None
Lot
- Size: 0.34 Acres
- Topography: Sloping
Details
- Parcel number: 17913304
- Zoning: UR
- Zoning description: Urban Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal, Wood Siding, Wood Frame - 2x6
- Foundation: Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $331/sqft
- Tax assessed value: $361,800
- Annual tax amount: $3,549
- Date on market: 5/22/2026
- Road surface type: Gravel
Estimated market value
$1,152,400
$1.09M - $1.21M
$2,703/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $1,190,000-8.1%$331/sqft |
Source: | ||
| 6/19/2026 | Price change | $1,295,000-4.1%$360/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $1,350,000$375/sqft |
Source: | ||
| 5/4/2026 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/23/2026 | Listed for rent | $2,000-9.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/1/2026 | Listing removed | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/10/2025 | Listed for rent | $2,200+22.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2025 | Listing removed | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,549 +163.7% | $361,800 +175.8% |
| 2024 | $1,346 +284% | $131,200 +308.7% |
| 2023 | $351 +23.8% | $32,100 +27.4% |
| 2022 | $283 +178.2% | $25,200 +183.1% |
| 2021 | $102 | $8,900 |
| 2020 | $102 | $8,900 |
| 2019 | $102 -0.5% | $8,900 +2.3% |
| 2018 | $102 +2.3% | $8,700 -22.3% |
| 2017 | $100 -35.4% | $11,200 -31.7% |
| 2016 | $155 | $16,400 |
| 2015 | $155 | $16,400 |
| 2014 | $155 | $16,400 |
| 2013 | -- | $16,400 |
| 2012 | -- | $16,400 +19.7% |
| 2011 | -- | $13,700 |
| 2010 | -- | $13,700 |
| 2009 | -- | $13,700 +5.4% |
| 2008 | -- | $13,000 +30% |
| 2007 | -- | $10,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99603
Nearby schools
Schools provided by the listing agent
- Elementary: Paul Banks/Homer
- Middle: Homer
- High: Homer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







