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.
For sale
Price cut: $49K (7/31)
$350,000
32640 Falls Creek Rd, Homer, AK 99603
6beds
2,504sqft
Single Family Residence
Built in 1991
1.41 Acres Lot
$-- Zestimate®
$140/sqft
$-- HOA
What's special
Flexible floor planSpacious homeOpen-concept layoutLarge kitchenHigh ceilingsRelaxing cedar sauna
- 142 days
- 538
- 35
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#: 26-5882
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: $140/sqft
- Tax assessed value: $245,400
- Date on market: 5/23/2026
Estimated market value
Not available
Estimated sales range
Not available
$3,143/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Price change | $350,000-12.3%$140/sqft |
Source:  AKMLS #26-5882 Report a problem | ||
| 5/23/2026 | Listed for sale | $399,000+5%$159/sqft |
Source: AKMLS #26-5882 Report a problem | ||
| 10/18/2024 | Listing removed | $380,000$152/sqft |
Source: AKMLS #22-9455 Report a problem | ||
| 1/19/2023 | Listing removed | -- |
Source: AKMLS #22-9455 Report a problem | ||
| 10/21/2022 | Price change | $380,000-2.6%$152/sqft |
Source: AKMLS #22-9455 Report a problem | ||
| 9/1/2022 | Price change | $390,000-4.9%$156/sqft |
Source: AKMLS #22-9455 Report a problem | ||
| 7/7/2022 | Listed for sale | $410,000+3.8%$164/sqft |
Source: AKMLS #22-9455 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: AKMLS #22-5903 Report a problem | ||
| 5/9/2022 | Listed for sale | $395,000$158/sqft |
Source: AKMLS #22-5903 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 99603
Nearby schools
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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