Price Reduction - Views
Address
48526 Morrison Drive, Homer, AK
Price
$ 199,000
Property Attributes
- MLS#2510108
- TypeSingle Family
- Listing Status Active
- BoroughKENAI PENINSULA
- CityHomer
- Area1B - Kenai Peninsula Borough
- Neighborhood494 - McNeil & East
- Zip99603
- StyleCabin
- Year Built1987
- Price$ 199,000
- Bedrooms1
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage384
- Lot Size1.93 Acres
Data Source:
Alaska MLS (AKMLS)
Property Description
Rustic Cabin with Room to Grow - Discover the charm and potential of this beautiful acreage in Homer, featuring a 384 sq ft functional cabin tucked into the corner of the lot—leaving the rest wide open for your vision. With a mountain top view and second story expansive view, carport for covered parking, a raised platform for additional use, and plenty of space to expand, this property offers incredible development potential. Whether you're dreaming of building your dream home, creating a compound, or enjoying a peaceful Alaskan getaway, this property gives you the freedom to do it all. A rare opportunity to own usable acreage with existing infrastructure in a prime Homer location!
| Elementary School | Middle School | High School |
|---|---|---|
| McNeil Canyon Elementary School | Homer Middle School | Homer High School |
| Price History | |
|---|---|
| 7/27/2026 | Listed $225,000 |
| 9/21/2026 | 12$199,000 |
General Features
| Utilities | Electric |
|---|---|
| Zoning | UNZ - Not Zoned |
| View | Mountain(s),Partial |
| Property Type | Residential |
| Status | Active |
| Directions | Travel East End Road to mile marker 18, turn right on Morrison Drive and property is on the left. |
| High School | Homer |
| City | Homer |
| MLS Area | 1B - Kenai Peninsula Borough |
| Lot Size Units | Acres |
| Lot Size Square Feet | 84070.8 |
| Elementary School | McNeil Canyon |
| Middle/Junior High School | Homer |
| MLS Area Minor | 494 - McNeil & East |
| Living Area Units | Square Feet |
| Year Built | 1987 |
| New Construction | false |
| Appliances | Washer/Dryer,Refrigerator |
| Construction Materials | Wood Frame |
| Sewer | None |
| Roof | Metal |
| Architectural Style | Cabin |
| Attached Garage | false |
| Property Attached Y/N | false |
| Home Warranty Y/N | false |
| Other Structures | Barn(s),Shed(s),Outhouse,Workshop |
Interior Features
| Total Bedrooms | 1 |
|---|---|
| Fireplace Features | EPA Certified Wood Stove |
| Fireplace Y/N | true |
Exterior Features
| Lot Features | Level,Road Service Area,Views |
|---|---|
| Lot Size Area | 1.93 |
| Lot Size Acres | 1.93 |
| Lot Size Source | Tax Authority |
| Road Frontage Type | Government |
| Road Surface Type | Gravel |
| Parking Features | None |
| Building Area Total | 384 |
| Foundation Details | Post on Pad |
| Exterior Amenities | Storage |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 99603
Price
Year Built
In The Neighborhood
Water Views
Homer
$ 425,000
- Type
- Single Family
- Size
- 2,418 SqFt
- Rooms
- 4 Beds + 2 Baths
Keller Williams Realty Alaska Group
Water Views
Homer
$ 399,000
- Type
- Single Family
- Size
- 864 SqFt
- Rooms
- 1 Beds + 2 Baths
Story Real Estate
Water Views
Homer
$ 349,000
- Type
- Single Family
- Size
- 864 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Story Real Estate
Water Views
Homer
$ 50,000
- Type
- Single Family
- Size
- 208 SqFt
- Rooms
- 0 Beds + 0 Baths
Homer Real Estate
Water Views
Homer
$ 459,000
- Type
- Single Family
- Size
- 2,584 SqFt
- Rooms
- 1 Beds + 1 Baths
Story Real Estate
Water Views
Homer
$ 350,000
- Type
- Single Family
- Size
- 2,504 SqFt
- Rooms
- 6 Beds + 3 Baths
Berkshire Hathaway HomeServices Alaska Realty
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