176 Mountain View Dr, Homer, AK, 99603
About This Home
Discover an exceptional income-producing property with unmatched views of the Homer Spit, Kachemak Bay, and surrounding mountains. This versatile triplex offers three distinct units, all currently rented, making it a strong investment with immediate returns.Unit 1: Spacious 3-bedroom, 2-bathroom home, fully remodeled in 2022 with modern finishes.Unit 2: Comfortable 2-bedroom, 1.5-bathroom unit, also updated in 2022 for style and convenience. Unit 3: Newly constructed in 2024, this 1-bedroom, 1-bathroom unit combines efficiency and contemporary design. Each residence is designed to capture the natural beauty of Homer, while providing tenants with comfortable living spaces. The property's prime location places you minutes from the hospital, shopping, restaurants, and everyday amenities, adding to its appeal for tenants. Whether you're looking to expand your real estate portfolio or secure a strong-performing property in a sought-after market, this triplex delivers on both lifestyle and investment value.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1984
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Block,Frame,Vinyl Siding
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Washer &/Or Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Features
- Basement,Solid Surface Counter
- Flooring: Carpet,Luxury Vinyl
Heating
- Heating features: Natural Gas,Radiant
Interior Area
- Total structure area: 2,598
- Total interior livable area: 2,598 sqft
Property
Details
- Parcel number: 17727068
- Attached to another structure: Yes
- Zoning: UR
- Zoning description: Urban Residential
Features
- Levels: Multi/Split,Split Entry,Two
- Stories: 2
- Has view: Yes
- View description: Bay,Glacier,Mountain(s),Ocean
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: None,Ocean Access
- Topography of land: Gently Rolling,Rolling,Sloping
Lot
- Lot size: 0.27 Acres
- Features: Covenant/Restriction,City Lot,Views
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
- 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 | $4,040 | $48,480 |
| Home Insurance | $262 | $3,144 |
| Property Taxes | $647 | $7,764 |
| Electricity | $433 | $5,196 |
| Total | $5,382 | $64,584 |
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 |
|---|---|---|
| 2025-09-05 | Price change | $799,900 |
| 2025-09-05 | Listed for sale | $799,000 |
| 2025-08-03 | Listing removed | $799,000 |
| 2025-02-08 | Price change | $799,000 |
| 2024-08-04 | Listed for sale | $825,000 |
| 2024-01-31 | Listing removed | $675,000 |
| 2023-11-06 | Listed for sale | $675,000 |
| 2021-04-13 | Sold | -- |
| 2021-03-19 | Pending sale | $250,000 |
| 2021-03-15 | Listed for sale | $250,000 |
| 2007-08-08 | Sold | -- |
| 2002-05-09 | Sold | -- |
View on Zillow