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  • Price Unknown

    40772 Morning Star Rd, Homer, AK 99603

    4beds
    3,303sqft
    Single Family Residence
    Built in 2017
    1.24 Acres Lot
    $1,190,100 Zestimate®
    $--/sqft
    $3,996 Estimated rent

    Home value

    $1,190,100

    $1.11M - $1.29M

    $3,996/mo

    Zestimate® history
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    What's special

    Generous kitchenWalk-in tiled showerIn-floor heatEnormous walk-in storage areaMedia roomMultiple gathering spacesIndoor hot tub
    Located in the thoughtfully planned Morning Star Subdivision, this beautiful custom home captures some of the most incredible views from the Homer Bench. Designed to embrace the surrounding landscape, expansive windows frame Kachemak Bay, the Homer Spit, the Kenai Mountains, and glaciers from nearly every room, creating a remarkable backdrop throughout the home.Built by Beachy Construction, the home showcases quality craftsmanship, thoughtful design, and exceptional attention to detail. The main living spaces are open and light-filled, with a generous kitchen, dining area, and inviting living room designed for both effortless entertaining and everyday comfort. A covered view deck extends the living space outdoors, offering a sheltered setting to enjoy the scenery in every season. The primary suite combines a spacious ensuite with convenient access to the home's private spa amenities. This dedicated wellness space features an indoor hot tub, sauna, walk-in tiled shower, and room for massage, exercise, or quiet relaxation, along with access to a secluded outdoor patio. A flexible lower level provides additional bedrooms, a private entrance, kitchenette, full bathroom, and separate living area, making it ideal for guests, extended family, or multi-generational living. This area also includes an enormous walk-in storage area. Thoughtful amenities throughout the home include in-floor heat, multiple gathering spaces, a media room, an attached two-car garage with additional workspace, and a floor plan designed to provide both connection and privacy. This is a home where thoughtful design, quality construction, and exceptional amenities come together to create a truly unique property with some of the best views the Homer Bench has to offer.

    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:

    Gina Pelaia

    Berkshire Hathaway HomeServices Alaska Realty

    Source: AKMLS,MLS#: 26-9046MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Other, Radiant Floor
    Features
    • BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Family Room, Solid Surface Counter, Wired for Sound
    • Flooring: Carpet, Hardwood, Tile, Vinyl
    • Windows: Window Coverings
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,303
    • Total interior livable area: 3,303 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Attached, Heated Garage, No Carport
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Private Yard
    • Spa features: Heated
    • Has view: Yes
    • View description: Bay, City Lights, Glacier, Mountain(s), Ocean, Spit, Unobstructed
    • Has water view: Yes
    • Water view: Bay,Ocean,Spit
    • Waterfront features: None, No Access
    Lot
    • Size: 1.24 Acres
    • Features: Covenant/Restriction, Landscaped, Views
    • Topography: Sloping
    Details
    • Parcel number: 17406302
    • Zoning: UNZ
    • Zoning description: Not Zoned

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 2017
    Details
    • Builder name: Beachy Construction

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Cistern, Water Delivered
    • Utilities for property: Electric

    Community & HOA

    HOA
    • Has HOA: Yes
    Location
    • Region: Homer

    Financial & listing details

    • Tax assessed value: $1,107,400
    • Annual tax amount: $5,697
    • Date on market: 7/21/2026

    Price history

    DateEventPrice
    10/9/2026Sold--
    Source: AKMLS #26-9046 Report a problem
    9/7/2026Pending sale$1,195,000$362/sqft
    Source: AKMLS #26-9046 Report a problem
    8/14/2026Price change$1,195,000-7.7%$362/sqft
    Source: AKMLS #26-9046 Report a problem
    7/21/2026Listed for sale$1,295,000$392/sqft
    Source: AKMLS #26-9046 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,697 +18.5%$1,107,400 +17.4%
    2024$4,807 +25.2%$943,500 +18.4%
    2023$3,839 -2.8%$796,800 +5.4%
    2022$3,949 +4.3%$756,100 +3.7%
    2021$3,787 +4.4%$728,900 +2.5%
    2020$3,626 $710,900 +4.7%
    2019$3,626 +28.1%$678,800 +4.1%
    2018$2,830 -45.7%$652,100 +96.3%
    2017$5,217 +910.3%$332,200 +408%
    2016$516 $65,400
    2015$516 $65,400
    2014$516 $65,400
    2013-- $65,400
    2012-- $65,400 -1.2%
    2011-- $66,200
    2010-- $66,200
    2009-- $66,200 +5.4%
    2008-- $62,800 +30%
    2007-- $48,300
    Find assessor info on the county website

    Neighborhood: 99603

    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.