For sale

Price cut: $26K (9/21)

$199,000

48526 Morrison Dr, Homer, AK 99603

1beds

0baths

384sqft

$1,367/mo

Get pre-qualified

Single Family Residence

Built in 1987

1.93 Acres Lot

$-- Zestimate^®

$518/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!

422 days
570
10

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: $518/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

$1,054/mo

Price history

Date	Event	Price
9/21/2026	Price change	$199,000-11.6%$518/sqft
Source: AKMLS #25-10108 Report a problem
7/27/2026	Price change	$225,000-8.2%$586/sqft
Source: AKMLS #25-10108 Report a problem
4/23/2026	Price change	$245,000-10.9%$638/sqft
Source: AKMLS #25-10108 Report a problem
11/5/2025	Price change	$275,000-6.8%$716/sqft
Source: AKMLS #25-10108 Report a problem
9/12/2025	Price change	$295,000-9.2%$768/sqft
Source: AKMLS #25-10108 Report a problem
8/7/2025	Listed for sale	$325,000$846/sqft
Source: AKMLS #25-10108 Report a problem

Public tax history

Year	Property taxes	Tax 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	--	--