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For sale
    • $599,000

    40315 Grewingk Cir, Homer, AK 99603

    6beds
    1,746sqft
    : 
    $3,674/mo
    Get pre-qualified
    Single Family Residence
    Built in 2002
    0.92 Acres Lot
    $581,300 Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Log homeCharm and character
    Tucked away at the end of Grewingk Circle, this private East Homer property offers the perfect blend of Alaska charm, flexibility, and income potential. The log home features 5 bedrooms and 3 bathrooms, thoughtfully configured to accommodate a variety of living arrangements.The main levels offer a warm and inviting 2-bedroom, 2-bath residence with charm and character. Downstairs, the lower level apartment has 3 bedrooms, 1 bathroom, and kitchenette; ideal for guests, extended living, or rental opportunities. Additionally, the property includes a cozy 1 bedroom, 1 bath cottage that is currently tenant occupied with a lease already in place, providing immediate rental income. Outside, you'll find a spacious shop for projects and storage, a greenhouse, and plenty of room to enjoy the peaceful surroundings. Whether you're looking for a home with space for extended living, a property with income-producing potential, or your own private Alaska getaway, this unique East Homer offering is ready to welcome its next owner.
    16 days
    |
    1,500
    |
    147
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Turkington,

    Kachemak Real Estate Group Real Broker,

    Valerie Buss,

    Kachemak Real Estate Group Real Broker

    Source: AKMLS,MLS#: 26-8397MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      Heating
      • Floor Furnace, Oil, Propane, Wood, Wood Stove
      Features
      • BR/BA on Main Level, Vaulted Ceiling(s)
      • Flooring: Carpet, Hardwood
      • 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: 1,746
      • Total interior livable area: 1,746 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: No Garage, No Carport
      • Garage spaces: 1
      Features
      • Patio & porch: Deck/Patio
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: Bay, Mountain(s), Ocean, Partial
      • Has water view: Yes
      • Water view: Bay,Ocean
      • Waterfront features: None, No Access
      Lot
      • Size: 0.92 Acres
      • Topography: Level
      Details
      • Additional structures: Workshop
      • Parcel number: 17434015
      • Zoning: UNZ
      • Zoning description: Not Zoned

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Log
      • Property subtype: Single Family Residence
      Materials
      • Log, Log Siding
      • Foundation: Concrete Perimeter
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Lift Station, Septic Tank
      • Water: Cistern

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $343/sqft
      • Tax assessed value: $368,000
      • Annual tax amount: $3,632
      • Date on market: 7/9/2026

        Estimated market value

        $581,300

        $552,000 - $610,000

        $3,410/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$599,000+33.3%$343/sqft
        Source: AKMLS #26-8397 Report a problem
        12/18/2022Listing removed--
        Source: Zillow Rentals Report a problem
        12/16/2022Listed for rent$1,815-9.9%$1/sqft
        Source: Zillow Rentals Report a problem
        11/16/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        11/10/2022Listed for rent$2,015$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/22/2022Sold--
        Source: AKMLS #22-7883 Report a problem
        6/12/2022Pending sale$449,500$257/sqft
        Source: AKMLS #22-7883 Report a problem
        6/10/2022Listed for sale$449,500$257/sqft
        Source: AKMLS #22-7883 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,632 -4.8%$368,000 +4.4%
        2024$3,815 +0.8%$352,600 +6.9%
        2023$3,786 +46.2%$329,800 +22.4%
        2022$2,589 +15.1%$269,400 +9.2%
        2021$2,249 +1.1%$246,600 -2.6%
        2020$2,224 $253,300 +7.5%
        2019$2,224 +8.9%$235,700 -4.5%
        2018$2,043 -5.7%$246,900 +7%
        2017$2,166 +55.6%$230,800 +24.1%
        2016$1,392 $186,000 -20.5%
        2015$1,392 $233,900 +17.4%
        2014$1,392 $199,300 -1.7%
        2013-- $202,800 -1.5%
        2012-- $205,800 +34.3%
        2011-- $153,200 -5.6%
        2010-- $162,300 +3.3%
        2009-- $157,100 -3.4%
        2008-- $162,600 +22.7%
        2007-- $132,500 -19.9%
        2006-- $165,400 +16.6%
        2005-- $141,800
        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.
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        Climate risks

        Neighborhood: 99603

        Getting around

        7 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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