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  • Price Unknown

    40854 Ruth Way, Homer, AK 99603

    1beds
    672sqft
    Single Family Residence
    Built in 2022
    2.09 Acres Lot
    $198,000 Zestimate®
    $--/sqft
    $1,541 Estimated rent

    Home value

    $198,000

    $184,000 - $214,000

    $1,541/mo

    Zestimate® history
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    What's special

    Cozy home
    This adorable cottage is tucked away on just over 2 private acres, offering peace, privacy, and the perfect Alaska retreat - just 15 minutes from the Homer Spit. Featuring 1 bedroom and 1 bathroom, this cozy home is ideal for those seeking a simpler lifestyle or weekend getaway. With no CCRs, you'll enjoy the freedom to make the property your own.The home is served by a spring-fed water source.

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Turkington,

    Kachemak Real Estate Group Real Broker,

    Valerie Buss,

    Kachemak Real Estate Group Real Broker

    Bought with:

    Ross Baxter

    Jack White Real Estate Soldotna

    Source: AKMLS,MLS#: 26-6220MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    Heating
    • Fireplace(s), Floor Furnace, Oil, Other
    Features
    • BR/BA Primary on Main Level
    • Flooring: Carpet
    • Windows: Window Coverings
    • Has basement: No
    • Has fireplace: Yes
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 672
    • Total interior livable area: 672 sqft

    Property

    Parking
    • Parking features: No Garage, No Carport
    Features
    • Has view: Yes
    • View description: Territorial
    • Waterfront features: None, No Access
    Lot
    • Size: 2.09 Acres
    • Topography: Level,Sloping
    Details
    • Parcel number: 17352038
    • Zoning: UNZ
    • Zoning description: Not Zoned

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Spring

    Community & HOA

    Location
    • Region: Homer

    Financial & listing details

    • Tax assessed value: $188,800
    • Annual tax amount: $1,863
    • Date on market: 5/29/2026

    Price history

    DateEventPrice
    10/30/2026Sold--
    Source: AKMLS #26-6220 Report a problem
    10/19/2026Pending sale$198,000$295/sqft
    Source: AKMLS #26-6220 Report a problem
    8/26/2026Price change$198,000-23.6%$295/sqft
    Source: AKMLS #26-6220 Report a problem
    5/29/2026Listed for sale$259,000-13.4%$385/sqft
    Source: AKMLS #26-6220 Report a problem
    11/10/2025Listing removed$299,000$445/sqft
    Source: AKMLS #24-12077 Report a problem
    3/11/2025Listed for sale$299,000$445/sqft
    Source: AKMLS #24-12077 Report a problem
    3/1/2025Listing removed$299,000$445/sqft
    Source: AKMLS #24-12077 Report a problem
    9/18/2024Listed for sale$299,000+12.8%$445/sqft
    Source: AKMLS #24-12077 Report a problem
    5/7/2024Listing removed$265,000$394/sqft
    Source: AKMLS #24-652 Report a problem
    3/12/2024Price change$265,000-10.2%$394/sqft
    Source: AKMLS #24-652 Report a problem
    3/4/2024Pending sale$295,000$439/sqft
    Source: AKMLS #24-652 Report a problem
    1/20/2024Listed for sale$295,000$439/sqft
    Source: AKMLS #24-652 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,863 -1.9%$188,800 +7.5%
    2024$1,900 +11.8%$175,600 +18.6%
    2023$1,699 +215.1%$148,000 +223.9%
    2022$539 +8.6%$45,700 +5.3%
    2021$497 +4.6%$43,400
    2020$475 $43,400 -3.3%
    2019$475 -3.9%$44,900
    2018$494 $44,900 +21%
    2017$494 +87.6%$37,100 +10.4%
    2016$263 $33,600
    2015$263 $33,600
    2014$263 $33,600
    2013-- $33,600
    2012-- $33,600 +33.3%
    2011-- $25,200
    2010-- $25,200
    2009-- $25,200 +5.4%
    2008-- $23,900 +29.9%
    2007-- $18,400
    Find assessor info on the county website

    Neighborhood: 99603

    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.