Location, location, location! This spacious split-level home in the heart of Homer offers a unique opportunity for both homeowners and investors. Conveniently located near restaurants, shopping, and grocery stores, the property combines practicality with scenic views of Kachemak Bay and the surrounding mountains.The upper level features 3 bedrooms, 1 bathroom, and a main living area. The lower level includes 2 additional bedrooms, 1 bathroom, and a large bonus living space ideal for multi-generational living, guests, or future rental use. With a flexible layout, the home has strong potential to be converted into a duplex to generate income. It's a solid candidate for anyone looking to build equity. With the right improvements, this property could be transformed to meet a wide range of living or investment needs.
Sold
Price Unknown
414 Bonanza Ave, Homer, AK 99603
5beds
2,408sqft
Single Family Residence
Built in 1977
6,098 Square Feet Lot
$419,800 Zestimate®
$--/sqft
$2,925 Estimated rent
Home value
$419,800
$302,000 - $588,000
$2,925/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Valerie Buss,
Kachemak Real Estate Group Real Broker,
Becky Turkington,
Kachemak Real Estate Group Real Broker
Bought with:
Angela Brock
EXP Realty, LLC
Source: AKMLS,MLS#: 25-5231
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range/Oven, Refrigerator, Washer &/Or Dryer
Features
- Family Room
- Flooring: Carpet, Laminate
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,408
- Total interior livable area: 2,408 sqft
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: Split Entry
- Has view: Yes
- View description: Bay, Inlet, Mountain(s), Ocean
- Has water view: Yes
- Water view: Bay,Inlet,Ocean
- Waterfront features: None, No Access
Lot
- Size: 6,098 Square Feet
- Features: City Lot, Views
- Topography: Gently Rolling
Details
- Parcel number: 17710115
- Zoning: CBD
- Zoning description: Central Business District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1977
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Tax assessed value: $340,400
- Annual tax amount: $3,339
- Date on market: 5/7/2025
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2025 | Listing removed | $2,800$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2025 | Price change | $2,800+33.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/14/2025 | Sold | -- |
Source:  AKMLS #25-5231 Report a problem | ||
| 8/2/2025 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Pending sale | $409,000$170/sqft |
Source: AKMLS #25-5231 Report a problem | ||
| 6/9/2025 | Price change | $409,000-3.8%$170/sqft |
Source: AKMLS #25-5231 Report a problem | ||
| 5/20/2025 | Price change | $425,000-4.5%$176/sqft |
Source: AKMLS #25-5231 Report a problem | ||
| 5/7/2025 | Listed for sale | $445,000+80.2%$185/sqft |
Source: AKMLS #25-5231 Report a problem | ||
| 3/6/2020 | Sold | -- |
Source: AKMLS #19-14297 Report a problem | ||
| 1/28/2020 | Pending sale | $247,000$103/sqft |
Source: Bay Realty #19-14297 Report a problem | ||
| 12/4/2019 | Price change | $247,000-2%$103/sqft |
Source: Bay Realty #19-14297 Report a problem | ||
| 9/19/2019 | Listed for sale | $252,000$105/sqft |
Source: Bay Realty #19-14297 Report a problem | ||
| 9/7/2019 | Pending sale | $252,000$105/sqft |
Source: Bay Realty #19-14297 Report a problem | ||
| 8/20/2019 | Listed for sale | $252,000+10%$105/sqft |
Source: Bay Realty #19-14297 Report a problem | ||
| 4/26/2013 | Sold | -- |
Source: AKMLS #12-15483 Report a problem | ||
| 12/19/2011 | Sold | -- |
Source: Public Record Report a problem | ||
| 7/7/2011 | Listing removed | $229,000$95/sqft |
Source: Keller Williams - Anchorage #10-224 Report a problem | ||
| 1/9/2010 | Listed for sale | $229,000$95/sqft |
Source: RE/MAX of Homer #10-224 Report a problem | ||
| 12/5/2009 | Listing removed | $229,000$95/sqft |
Source: Butch Jacques #09-5763 Report a problem | ||
| 8/30/2009 | Price change | $229,000-2.6%$95/sqft |
Source: Butch Jacques #09-5763 Report a problem | ||
| 5/16/2009 | Listed for sale | $235,000$98/sqft |
Source: Butch Jacques #09-5763 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,339 +3.3% | $340,400 +8% |
| 2024 | $3,233 +10.6% | $315,100 +17.7% |
| 2023 | $2,924 +3% | $267,800 +6% |
| 2022 | $2,839 -3.6% | $252,600 -1.9% |
| 2021 | $2,945 +1.1% | $257,400 +1.1% |
| 2020 | $2,914 | $254,700 +2.7% |
| 2019 | $2,914 +2.1% | $248,100 +9% |
| 2018 | $2,853 +9% | $227,700 +4.1% |
| 2017 | $2,619 +28% | $218,800 +0.9% |
| 2016 | $2,045 | $216,900 +15.6% |
| 2015 | $2,045 | $187,700 +29.3% |
| 2014 | $2,045 | $145,200 -6.1% |
| 2013 | -- | $154,700 -3.3% |
| 2012 | -- | $159,900 -11.7% |
| 2011 | -- | $181,000 -1.1% |
| 2010 | -- | $183,000 -0.3% |
| 2009 | -- | $183,500 -3.7% |
| 2008 | -- | $190,600 +5.1% |
| 2007 | -- | $181,400 +8.3% |
| 2006 | -- | $167,500 +18.5% |
| 2005 | -- | $141,400 |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Neighborhood: 99603
Nearby homes
- $2,3003 bd1 ba1.2k sqft414 Bonanza Ave #B, Homer, AK 99603For Rent
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Nearby schools
GreatSchools rating
- NAPaul Banks Elementary SchoolGrades: PK-2Distance: 1.1 mi
- 10/10Homer Middle SchoolGrades: 7-8Distance: 0.7 mi
- 8/10Homer High SchoolGrades: 9-12Distance: 0.5 mi
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.
- Alaska
- Kenai Peninsula Borough
- Homer
- 99603
- 414 Bonanza Ave
Nearby cities
Nearby zip codes
Other Homer Topics
