$1,700,000
 $9,126 est/mo Sourced by Back At You

40523 Summer Star Road,Homer, AK 99603

Homer, AK 99603

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Description

Luxury living in one of Homer's most desirable neighborhoods. Set on a large lot and positioned to capture sweeping views from every room, this exceptional home offers privacy, quality, and a thoughtful design rarely found in the local market. Floor-to-ceiling windows frame Kachemak Bay, the Kenai Mountains, glaciers, Homer Spit, and the surrounding landscape, bringing natural light and views into nearly every space. Upon entry, the home opens into a split-level layout that immediately showcases the scale, light, and setting of the property. The main level is designed for everyday living, with the kitchen, dining area, living room, primary suite, and office all thoughtfully placed on one level. The main living area features dramatic ceilings, large windows, an incredible gas fireplace, and direct access to the large southern-facing deck, making the most of the home's setting. The kitchen pairs clean design with quality finishes, featuring high-end appliances, a large island and natural light, keeping the space connected to the views. The primary suite offers you your own private retreat with unobstructed views, a private deck, and a spacious ensuite and sauna. The lower level adds significant living space, including a large second living area, a walkout basement, and three additional bedrooms. With full-size windows, incredible views, and direct access to the outdoors, this level feels open, comfortable, and connected to the setting. It is ideal for guests, family, entertaining, or flexible use. The property also features a large, manicured lawn with a pond, mini orchard and fenced garden, beautiful landscaping and established perennials. Located in a highly sought-after Homer neighborhood, this is one of the area's most distinctive luxury properties - offering space, privacy, views, and a level of quality that sets it apart.

Details

MLS #26-8649
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year2021
Days On Site49
Listing Provided ByKachemak Real Estate Group Real Broker | Valerie Buss

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet3,559
Garage2
ZoningUNZ - Not Zoned
Acreage1.21
Property ViewBay, Glacier, Mountain(s), Spit,

Interior

Rooms Total0
HeatingRadiant Floor, Natural Gas
Heating Yes / NoYes
Interior FeaturesSauna, Vaulted Ceiling(s), Gas Fireplace, Soaking Tub, BR/BA Primary on Main Level
Fireplace Yes / NoYes

Exterior

RoofMetal
Exterior FeaturesHorse Property, Paved Driveway
Construction MaterialsWood Frame - 2x6, Wood Frame - 2x8
Foundation DetailsPoured Concrete
Architectural StyleSplit Level

Parking

Parking FeaturesAttached
Carport Sp Type Co Carport Sp TypeNone

Utilities

SewerSeptic Tank

Location

Road Surface TypeDedicated Road, Gravel, Maintained

Taxes

Tax Map NumberN/A
Tax Legal DescriptionKachemak Estates #16 L1 B3

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaMcNeil & East
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$1,700,000
low | high
Med:
$609,000
100% of Average
sqft:
3,559
low | high
Med:
1,690
100% of Average
$ / sqft:
$478
low | high
Med:
$395
67.229166565433% of Average
On site:
49
low | high
Med:
57
85.964912280702% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaMcNeil & East
School DistrictHomer
Elementary SchoolPaul Banks/Homer
High SchoolHomer
Listing VS Median (in 99603)
Price:
$1,700,000
low | high
Med:
$609,000
100% of Average
sqft:
3,559
low | high
Med:
1,690
100% of Average
$ / sqft:
$478
low | high
Med:
$395
67.229166565433% of Average
On site:
49
low | high
Med:
57
85.964912280702% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.275M - $2.125M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
40772 Morning Star Road Property Photo 1
$1,195,000
40772 Morning Star Road
Homer, AK 99603
Listing Updated: August 11, 2026 at 7:58:55 AM PDT