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For sale
  • Price cut: $30K (4/23)
    $245,000

    48526 Morrison Dr, Homer, AK 99603

    1beds
    0baths
    384sqft
    : 
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    Single Family Residence
    Built in 1987
    1.93 Acres Lot
    $-- Zestimate®
    $638/sqft
    $-- HOA

    What's special

    Functional cabinMountain top viewSecond story expansive viewRaised platformCarport for covered parking
    Rustic Cabin with Room to Grow -Discover the charm and potential of this beautiful acreage in Homer, featuring a 384 sq ft functional cabin tucked into the corner of the lot--leaving the rest wide open for your vision. With a mountain top view and second story expansive view, carport for covered parking, a raised platform for additional use, and plenty of space to expand,this property offers incredible development potential. Whether you're dreaming of building your dream home, creating a compound, or enjoying a peaceful Alaskan getaway, this property gives you the freedom to do it all. A rare opportunity to own usable acreage with existing infrastructure in a prime Homer location!
    345 days
    |
    442
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Pelaia,

    Berkshire Hathaway HomeServices Alaska Realty,

    Michael H Cardwell,

    Berkshire Hathaway HomeServices Alaska Realty

    Source: AKMLS,MLS#: 25-10108MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 0
      Heating
      • Wood, Wood Stove
      Appliances
      • Included: Washer &/Or Dryer
      Features
      • Storage
      • 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: 384
      • Total interior livable area: 384 sqft

      Property

      Parking
      • Parking features: RV Access/Parking, No Garage, Attached Carport
      • Has carport: Yes
      Features
      • Has view: Yes
      • View description: Mountain(s), Partial
      • Waterfront features: None, No Access
      Lot
      • Size: 1.93 Acres
      • Features: Road Service Area, Views
      • Topography: Level
      Details
      • Additional structures: Workshop, Barn/Shop, Outhouse, Shed(s)
      • Parcel number: 18531026
      • Zoning: UNZ
      • Zoning description: Not Zoned

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Post on Pad
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1987
      • Major remodel year: 2006

      Utilities & green energy

      • Sewer: None
      • Water: Private, Well
      • Utilities for property: Electric

      Community & HOA

      Location
      • Region: Homer

      Financial & listing details

      • Price per square foot: $638/sqft
      • Tax assessed value: $83,200
      • Annual tax amount: $821
      • Date on market: 8/7/2025
      • Road surface type: Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $975/mo

        Price history

        DateEventPrice
        4/23/2026Price change$245,000-10.9%$638/sqft
        Source: AKMLS #25-10108 Report a problem
        11/5/2025Price change$275,000-6.8%$716/sqft
        Source: AKMLS #25-10108 Report a problem
        9/12/2025Price change$295,000-9.2%$768/sqft
        Source: AKMLS #25-10108 Report a problem
        8/7/2025Listed for sale$325,000$846/sqft
        Source: AKMLS #25-10108 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$821 +3%$83,200 +12.9%
        2024$797 -0.9%$73,700 +5.1%
        2023$805 -0.6%$70,100 +2.2%
        2022$809 +2.7%$68,600 -0.4%
        2021$788 -0.2%$68,900 -4.6%
        2020$790 $72,200 -9%
        2019$790 -9.5%$79,300 +2.9%
        2018$872 +2.9%$77,100 +4.6%
        2017$848 +64.3%$73,700 -3.7%
        2016$516 $76,500 +2.4%
        2015$516 $74,700 +0.5%
        2014$516 $74,300 -0.5%
        2013-- $74,700 -0.5%
        2012-- $75,100 +52%
        2011-- $49,400 -0.8%
        2010-- $49,800 -6.7%
        2009-- $53,400 +2.9%
        2008-- $51,900 +14.8%
        2007-- $45,200 +24.2%
        2006-- $36,400 +4.3%
        2005-- $34,900
        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
        19 / 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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