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For sale
  • $399,000

    32640 Falls Creek Rd, Homer, AK 99603

    6beds
    2,504sqft
    : 
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    Single Family Residence
    Built in 1991
    1.41 Acres Lot
    $380,600 Zestimate®
    $159/sqft
    $-- HOA

    What's special

    Flexible floor planSpacious homeOpen-concept layoutLarge kitchenHigh ceilingsRelaxing cedar sauna
    Custom 6-bedroom, 2.75-bath home with a 1,008 sq ft shop set in a peaceful private setting overlooking Bear Cove with stunning views of Kachemak Bay, surrounding mountains, and glaciers. This spacious home features an open-concept layout with high ceilings, a bright living area, and a large kitchen with an oversized pantry room perfect for storage and organization.The flexible floor plan includes 2 bedrooms on the main level and 4 additional bedrooms plus a bonus room upstairs, offering plenty of space for guests, hobbies, or multi-generational living. Enjoy the relaxing cedar sauna after a day of adventure while taking in the incredible natural surroundings. Property includes a large shop ideal for equipment, projects, or extra storage. Private, scenic, and full of potential, this property offers the Alaska lifestyle you've been dreaming of. Sold As-Is.
    40 days
    |
    524
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Pelaia,

    Berkshire Hathaway HomeServices Alaska Realty,

    Joleen H Brooks,

    Berkshire Hathaway HomeServices Alaska Realty

    Source: AKMLS,MLS#: 26-5882MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Heating
      • Electric, Oil, Propane, Wood
      Appliances
      • Laundry: Washer &/Or Dryer Hookup
      Features
      • BR/BA on Main Level, BR/BA Primary on Main Level, Den &/Or Office, Family Room, Pantry, Sauna, Storage
      • Flooring: Carpet, Linoleum
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 2,504
      • Total interior livable area: 2,504 sqft

      Property

      Parking
      • Parking features: RV Access/Parking, No Garage, No Carport
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: Bay, Glacier
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: None, No Access
      Lot
      • Size: 1.41 Acres
      • Features: Fire Service Area, Horse Property, Road Service Area, Views
      • Topography: Gently Rolling,Level
      Details
      • Additional structures: Barn/Shop, Shed(s)
      • Parcel number: 18529006
      • Zoning: UNZ
      • Zoning description: Not Zoned
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame - 2x6, Wood Siding
      • Foundation: Pillar/Post/Pier, Treated Posts
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Electric

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $159/sqft
      • Tax assessed value: $245,400
      • Date on market: 5/23/2026

        Estimated market value

        $380,600

        $362,000 - $400,000

        $3,196/mo

        Price history

        DateEventPrice
        5/23/2026Listed for sale$399,000+5%$159/sqft
        Source: AKMLS #26-5882 Report a problem
        10/18/2024Listing removed$380,000$152/sqft
        Source: AKMLS #22-9455 Report a problem
        1/19/2023Listing removed--
        Source: AKMLS #22-9455 Report a problem
        10/21/2022Price change$380,000-2.6%$152/sqft
        Source: AKMLS #22-9455 Report a problem
        9/1/2022Price change$390,000-4.9%$156/sqft
        Source: AKMLS #22-9455 Report a problem
        7/7/2022Listed for sale$410,000+3.8%$164/sqft
        Source: AKMLS #22-9455 Report a problem
        7/1/2022Listing removed--
        Source: AKMLS #22-5903 Report a problem
        5/9/2022Listed for sale$395,000$158/sqft
        Source: AKMLS #22-5903 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $245,400 +1.9%
        2024-- $240,800 +26.8%
        2023-- $189,900 +2.5%
        2022-- $185,300 +2.9%
        2021$1,487 +1.1%$180,000 -2.4%
        2020$1,470 $184,400 -0.3%
        2019$1,470 -0.9%$184,900 +3.2%
        2018$1,484 +4.5%$179,100 +6.2%
        2017$1,420 -30.7%$168,700 -32.2%
        2016$2,049 $248,800 +3.9%
        2015$2,049 $239,400 +1.1%
        2014$2,049 $236,800 +4.8%
        2013-- $225,900 +1.9%
        2012-- $221,600 +13%
        2011-- $196,100 -1.3%
        2010-- $198,600 +4.7%
        2009-- $189,700 +0.3%
        2008-- $189,100 +10.4%
        2007-- $171,300 +0.4%
        2006-- $170,700 +19.8%
        2005-- $142,500
        2004-- --
        2003-- --
        2002-- --
        2001-- --
        2000-- --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 99603

        Getting around

        0 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: McNeil Canyon
        • 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.

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