• 907-802-2525
Rental Application

468 Rainbow Court, Homer, AK 99603 (MLS # 25-2486)

Price $525,000
Status Active
Beds 4
Baths 2 Baths
Home size 2,280 sqft
Lot Size 20,909 sqft
Days on Market 38
Beautiful 4-bedroom, 2-bath home, open floor plan, high ceilings,southerly facing windows,oversized in town lot, newly painted and investment potential. and includes a separate 485 sq. ft. rental cabin/home, currently re nted for additional income. Bedroom/bath plus second living room on the ground floor. Save your gasoline and walk to stores and schools. Love living here!!! 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. 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 built-in rental income in one of the most convenient locations in town! Closing/recording is subject to completion of the Probate process. Almost complete!!! Motivated seller!
Property Type(s): Single Family
Last Updated 3/31/2025 Year Built 1979
Community 1B - Kenai Peninsula Borough

SCHOOLS

Elementary School Paul Banks/Homer
Jr. High School Homer
High School Homer

Price History

Prior to Mar 31, '25 $575,000
Mar 31, '25 - Today $525,000

Additional Details

AREA 1B - Kenai Peninsula Borough
HEAT Oil, Wood Stove
LOT 0.48 acre(s)
LOT DESCRIPTION Level
PARKING None
STYLE Two-Story Tradtnl
ZONING RR - Rural Residential
Listing Office: Homer Real Estate
Alaska MLS

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All information is deemed reliable but is not guaranteed and should be independently verified for accuracy.

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