$579,000
 $3,108 est/mo Sourced by Back At You

40315 Grewingk Circle,Homer, AK 99603

Homer, AK 99603

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Description

Tucked away at the end of Grewingk Circle, this private East Homer property offers the perfect blend of Alaska charm, flexibility, and income potential. The log home features 5 bedrooms and 3 bathrooms, thoughtfully configured to accommodate a variety of living arrangements. The main levels offer a warm and inviting 2-bedroom, 2-bath residence with charm and character. Downstairs, the lower level apartment has 3 bedrooms, 1 bathroom, and kitchenette; ideal for guests, extended living, or rental opportunities. Additionally, the property includes a cozy 1 bedroom, 1 bath cottage that is currently tenant occupied with a lease already in place, providing immediate rental income. Outside, you'll find a spacious shop for projects and storage, a greenhouse, and plenty of room to enjoy the peaceful surroundings. Whether you're looking for a home with space for extended living, a property with income-producing potential, or your own private Alaska getaway, this unique East Homer offering is ready to welcome its next owner.

Details

MLS #26-8397
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2002
Days On Site52
Listing Provided ByKachemak Real Estate Group Real Broker | Becky Turkington

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet1,746
Garage1
ZoningUNZ - Not Zoned
Acreage0.92
Property ViewBay, Mountain(s), Partial, Ocean

Interior

Rooms Total0
HeatingWood, Oil, Propane, Wood Stove, Floor Furnace
Heating Yes / NoYes
AppliancesRefrigerator
Interior FeaturesWorkshop, BR/BA on Main Level, Vaulted Ceiling(s)

Exterior

RoofMetal
Exterior FeaturesPrivate Yard, Accessory Dwelling Unit (ADU)
Lot FeaturesLevel
Construction MaterialsLog
Foundation DetailsPoured Concrete
Patio And Porch FeaturesDeck
Exterior Sp Finish Co Exterior Sp FinishLog
Architectural StyleLog

Parking

Parking FeaturesNone
Carport Sp Type Co Carport Sp TypeNone

Utilities

SewerLift Station, Septic Tank

Location

Road Surface TypeDedicated Road, Maintained, Government

Taxes

Tax Map NumberN/A
Tax Legal DescriptionGrewingk Four L3

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaKachemak City | Fritz Creek
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$579,000
low | high
Med:
$619,000
43.091537132988% of Average
sqft:
1,746
low | high
Med:
1,200
81.27147766323% of Average
$ / sqft:
$332
low | high
Med:
$516
5.551813471502% of Average
On site:
52
low | high
Med:
102
50.980392156863% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaKachemak City | Fritz Creek
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$579,000
low | high
Med:
$619,000
43.091537132988% of Average
sqft:
1,746
low | high
Med:
1,200
81.27147766323% of Average
$ / sqft:
$332
low | high
Med:
$516
5.551813471502% of Average
On site:
52
low | high
Med:
102
50.980392156863% of Average
Sourced by Back At You
Listing Updated: July 27, 2026 at 1:01:54 PM PDT