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For sale
  • Price cut: $25K (7/25)
    $425,000

    468 Rainbow Ct, Homer, AK 99603

    4beds
    2,280sqft
    : 
    Single Family Residence
    Built in 1979
    0.48 Acres Lot
    $414,400 Zestimate®
    $186/sqft
    $-- HOA

    What's special

    Beautiful 2280 sq. ft 4-bedroom, 2-bath home plus office, views!, high ceilings,southerly facing windows,oversized in town lot, newly painted . Includes 485 sq.. ft. rental , currently rented for $1,200 p.mo. Large intown lot, almost 1/2 acre. Very peaceful neighborhood. B&B potential. Motivated seller!!! Step outside onto the expansive deck, perfect for relaxing, dining, or enjoying the serene surroundings. The huge basement provides endless possibilities whether you need extra storage, a home gym, or potential for additional living space.Two levels make it perfect to BnB one level and live on the second. Outside, the generous lot offers ample space for gardening, play, or future expansion. The rental cabin adds incredible value, whether as a steady income stream or a private guest retreat. Don't miss this incredible opportunity to own a home with rental income in the 485 sq.ft home currently rented on a month to month basis. in one of the most convenient locations in town yet a nice quiet side street. Walk to stores within less than 10 minutes. Closing/recording is subject to completion of the Probate process scheduled with the courts 8 August.!
    151 days
    on Zillow
    |
    430
    |
    21
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 03:48pm

    Listed by:

    Marjolein Cardon,

    Homer Real Estate,

    Margaux Sheppard,

    Homer Real Estate

    Source: AKMLS,MLS#: 25-2486MLS Logo
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Oil, Wood Stove
    Features
    • BR/BA on Main Level, BR/BA Primary on Main Level
    • 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: 2,280
    • Total interior livable area: 2,280 sqft

    Property

    Parking
    • Parking features: No Garage, No Carport
    Features
    • Levels: Two
    • Stories: 2
    • Waterfront features: None, No Access
    Lot
    • Size: 0.48 Acres
    • Topography: Level
    Details
    • Parcel number: 17704023
    • Zoning: RR
    • Zoning description: Rural Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame - 2x6, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Homer

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $409,800
    • Annual tax amount: $1,424
    • Date on market: 3/11/2025
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