1149 Virginia Lynn Way, Homer, AK, 99603
About This Home
Your ''Pot of Gold'' in the Cosmic Hamlet! Combine an idyllic Beluga Lake setting with a Kenai Mountain backdrop and downtown Homer convenience. Each unit is styled with a refreshingly unique Alaska / Nordic theme. Cozy and desirable with thoughtful functionality throughout. This complex exudes potential for short or longer term rentals. Let this be your rainbow!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: Metal,Wood Siding,Wood Frame - 2x6
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Washer/Dryer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Carpet,Laminate
Heating
- Heating features: Natural Gas
Interior Area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
Property
Details
- Parcel number: 17913304
- Zoning: UR
- Zoning description: Urban Residential
Features
- Has view: Yes
- View description: Bay,Lake,Mountain(s)
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Bay Access,Inlet Access,Lake Privileges,Slough/Estuary Access,None
- Topography of land: Sloping
Lot
- Lot size: 0.34 Acres
Parking
- Parking features: No Garage
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
- Earthquake
- Winter Weather
- Tsunami
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Kenai Peninsula Borough and Alaska
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,548 | $78,576 |
| Home Insurance | $424 | $5,088 |
| Property Taxes | $1,062 | $12,744 |
| Electricity | $600 | $7,201 |
| Total | $8,634 | $103,608 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $1,190,000 |
| 2026-06-19 | Price change | $1,295,000 |
| 2026-05-22 | Listed for sale | $1,350,000 |
| 2026-05-04 | Listing removed | $2,000 |
| 2026-03-23 | Listed for rent | $2,000 |
| 2026-01-01 | Listing removed | $2,200 |
| 2025-10-10 | Listed for rent | $2,200 |
| 2025-08-30 | Listing removed | $1,800 |
| 2025-08-01 | Listed for rent | $1,800 |
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