Experience the epitome of luxury living in this stunning home, expertly crafted in 2022 by New Homes by Needham. Located in the highly sought-after Homer bench, this property offers mesmerizing views of the mountains, Kachemak Bay, glaciers and the Homer Spit.Designed with elegance and comfort in mind, this 3 bedroom 2.5 bath home features a spacious primary suite that opens directly to the hot tub and a large patio - perfect for unwinding while taking in the breathtaking surroundings. The homes open floor plan creates a modern aesthetic, highlighted by tall ceilings and expansive windows. The gourmet kitchen is outfitted with top-of-the-line appliances, granite countertops and cherry cabinets. The concrete floors add a contemporary touch, while upstairs the beautiful tile shower and soaking tub create a spa-like experience. With an oversized 2 car garage, this home combines luxury and practicality in a serene setting just minutes from Homer's amenities. Every detail has been thoughtfully curated to offer a truly exceptional living experience.
Sold
Price Unknown
40850 Waterman Rd, Homer, AK 99603
3beds
2,443sqft
Single Family Residence
Built in 2022
1.41 Acres Lot
$1,118,600 Zestimate®
$--/sqft
$3,004 Estimated rent
Home value
$1,118,600
Estimated sales range
Not available
$3,004/mo
Zestimate® history
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Zillow last checked: 8 hours ago
Listing updated: February 21, 2025 at 06:29pm
Listed by:
Sharon Needham,
Kachemak Real Estate Group Real Broker,
Mcki Blauvelt,
Coastal Realty
Bought with:
Joleen H Brooks
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 24-11981
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer &/Or Dryer
Features
- BR/BA Primary on Main Level, Ceiling Fan(s), Granite Counters, Soaking Tub, Vaulted Ceiling(s)
- Flooring: Concrete, Laminate
- Windows: Window Coverings
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,443
- Total interior livable area: 2,443 sqft
Property
Parking
- Total spaces: 2
- Parking features: Circular Driveway, Garage Door Opener, Attached, Heated Garage, No Carport
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Deck/Patio
- Spa features: Heated
- Has view: Yes
- View description: Bay, Glacier, Mountain(s), Unobstructed
- Has water view: Yes
- Water view: Bay
- Waterfront features: None, No Access
Lot
- Size: 1.41 Acres
- Features: Covenant/Restriction, Views
- Topography: Sloping
Details
- Parcel number: 17426008
- Zoning: UNZ
- Zoning description: Not Zoned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame - 2x6, Metal
- Foundation: Concrete Perimeter, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2022
Details
- Builder name: New Homes by Needham
Utilities & green energy
- Sewer: Septic Tank
- Water: Hold Tank, Water Delivered
Community & neighborhood
Location
- Region: Homer
Other
Other facts
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | -- |
Source:  AKMLS #24-11981 Report a problem | ||
| 12/8/2024 | Pending sale | $1,100,000$450/sqft |
Source: AKMLS #24-11981 Report a problem | ||
| 9/16/2024 | Listed for sale | $1,100,000+714.8%$450/sqft |
Source: AKMLS #24-11981 Report a problem | ||
| 6/22/2021 | Listing removed | -- |
Source: AKMLS #20-13765 Report a problem | ||
| 1/5/2021 | Listed for sale | $135,000$55/sqft |
Source: AKMLS #20-13765 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,613 +13.4% | $720,000 +22.3% |
| 2024 | $5,831 -6.9% | $588,900 +7.9% |
| 2023 | $6,264 +403.6% | $545,600 +417.6% |
Find assessor info on the county website
Neighborhood: 99603
Nearby schools
GreatSchools rating
- 6/10McNeil Canyon Elementary SchoolGrades: K-6Distance: 6.6 mi
- 10/10Homer Middle SchoolGrades: 7-8Distance: 6 mi
- 8/10Homer High SchoolGrades: 9-12Distance: 4.9 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
- 40850 Waterman Rd