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