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38185 Chelsey St, Homer, AK, 99603

4beds
2baths
1,284sqft
$250,000
$195price/sqft
$1,870/moest. monthly cost
$74,800/yrincome needed

About This Home

East End Income Property, 3 Residential Units with a Potential monthly income of 3K. Two Acres of land with Glacier and Mountain Views. Two Cabins and a mobile home recently Renovated. The Two Cabins currently have tenants with leases until August. Each Residence has its own Utilities. The property has Two Driveways and Multiple Ways to Profit! Located 9.5 miles from Homer near Kachemak Bay!The cabin and mobile home have cisterns for the water source and compostable toilets. The seller has recently purchased a new 500 gallon fuel tank for the dry cabin. The main cabin has a new heater and water pump installed this year.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

10/10
Homer Middle SchoolGrades 7-810.4 mi
8/10
Homer High SchoolGrades 9-129.3 mi

Construction

Condition

  • Year built: 1976

Materials

  • Foundation: Unknown - BTV
  • Construction materials: Frame

Notable Dates

  • Major remodel year: 2022

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Washer &/Or Dryer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Oil,Propane,Separate Meters

Interior Area

  • Total structure area: 1,284
  • Total interior livable area: 1,284 sqft

Property

Details

  • Parcel number: 17246020
  • Zoning: UNZ
  • Zoning description: Not Zoned

Features

  • Patio & porch: Deck/Patio
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: Bay,Glacier,Mountain(s),Partial
  • Has water view: Yes
  • Water view: Bay
  • Waterfront features: None,Bay Access,Ocean Access
  • Topography of land: Level

Lot

  • Lot size: 2.05 Acres
  • Features: Road Service Area

Parking

  • Parking features: No Garage,No Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheVery High
  • Earthquake
    EarthquakeVery High
  • Winter Weather
    Winter WeatherVery High
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Avalanche
Earthquake
Winter Weather
Landslide
Wildfire
Tsunami

FEMA Declared Disasters in Kenai Peninsula Borough and Alaska

Flood
Mud Landslide
Other
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance $81$972
Property Taxes $207$2,484
Electricity $318$3,820
Total$1,870$22,440

Income You'd Need if You Spent...

35% on housing$64,114/yr
40% on housing$56,100/yr
45% on housing$49,866/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -0.9%
-0.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 99603$296
Kenai Peninsula Borough$249

vs Homes Sold Last Month

Median $/sqft

ZIP 99603
Kenai Peninsula Borough$277

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-02-03Listed for sale$250,000
2021-01-28Sold--
2020-12-29Pending sale$115,000
2020-11-11Listed for sale$115,000
2020-08-26Sold--
2020-08-12Pending sale$105,000
2020-08-03Listed for sale$105,000
2020-07-01Listing removed$109,000
2020-06-03Price change$109,000
2020-02-10Price change$119,000
2019-11-14Listed for sale$129,000

For Sale by Agent

AgentJill Gunnerson
BrokerageBay Realty

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