AK > Homer
Homer, AK 99603,468 Rainbow CT
Homer, AK 99603,468 Rainbow CT
Homer, AK 99603,468 Rainbow CT
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Adam Holzer, Real Estate Agent

Adam Holzer, Real Estate Agent

Adam Holzer, Herrington & Co

+1(907) 344-4825
$425,000
Est. payment /mo
3 Beds
2 Baths
2,280 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,280 sqft

Price per Sqft $186

MLS Listing ID 25-2486

Style Two-Story Tradtnl

Bedrooms 3

Full Baths 2

Construction Status Existing Structure

Year Built 1979

Lot Size 0.480 Acres

Acres 0.48

Source Alaska Multiple Listing Service

Property Description

Beautiful 2280 sq. ft 3edroom, 2-bath home plus office, views!, high ceilings,southerly facing windows, almost 1/2 acr in town lot, newly painted . Includes 485 sq. ft. rental, currently rented for $1,200 p.m. Large intown lot, B&B potential. 2 bonus rooms in addition to the 3 bdrms. Legacy Inspection Report upon request. Step outside onto the expansive deck, perfect for relaxing, dining, or enjoying the serene surroundings.

The huge basement provides endless possibilitieswhether 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. Located in one of the most convenient locations in town, yet a nice quiet side street. Walk to stores in under 10 minutes.

Location

State AK

Area 490 - Homer

Zoning RR - Rural Residential

Direction In Homer town center take Kachemak Way to Rainbow Ct. (right) on Rainbow Ct. Home is second home on the left. See real estate sign.

Interior

Interior Features BR/BA on Main Level, BR/BA Primary on Main Level, CO Detector(s), Wood Stove

Heating Oil, Wood Stove

Exterior

Parking Features None

Roof Type Shingle

Topography Level

Building

Lot Description Level

Foundation None

Lot Size Range 0.48

Sewer Public Sewer

Architectural Style Two-Story Tradtnl

Construction Status Existing Structure

Schools

Elementary Schools Paul Banks/Homer

Middle Schools Homer

High Schools Homer

Others

Tax ID 17704023

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

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Alaska MLS
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved
Listed by Homer Real Estate

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Adam Holzer

... thinking outside the box

I'm a real estate agent with honest insight about a controversial market.

 

Schedule time and let's chat.

 

-Adam

 

468 Rainbow CT