Located in the thoughtfully planned Morning Star Subdivision, this beautiful custom home captures some of the most incredible views from the Homer Bench. Designed to embrace the surrounding landscape, expansive windows frame Kachemak Bay, the Homer Spit, the Kenai Mountains, and glaciers from nearly every room, creating a remarkable backdrop throughout the home. Built by Beachy Construction, the home showcases quality craftsmanship, thoughtful design, and exceptional attention to detail. The main living spaces are open and light-filled, with a generous kitchen, dining area, and inviting living room designed for both effortless entertaining and everyday comfort. A covered view deck extends the living space outdoors, offering a sheltered setting to enjoy the scenery in every season. The primary suite combines a spacious ensuite with convenient access to the home's private spa amenities. This dedicated wellness space features an indoor hot tub, sauna, walk-in tiled shower, and room for massage, exercise, or quiet relaxation, along with access to a secluded outdoor patio. A flexible lower level provides additional bedrooms, a private entrance, kitchenette, full bathroom, and separate living area, making it ideal for guests, extended family, or multi-generational living. This area also includes an enormous walk-in storage area. Thoughtful amenities throughout the home include in-floor heat, multiple gathering spaces, a media room, an attached two-car garage with additional workspace, and a floor plan designed to provide both connection and privacy. This is a home where thoughtful design, quality construction, and exceptional amenities come together to create a truly unique property with some of the best views the Homer Bench has to offer.
Single-familyProperty Type
2017Year Built
1.24 acresLot Size
$362Price/Sq.Ft.
2 car garageParking
Listed by Valerie Buss• Kachemak Real Estate Group Real Broker
Listed by Becky Turkington• Kachemak Real Estate Group Real Broker
Bought with Gina Pelaia• Berkshire Hathaway HomeServices Alaska Realty
Est. $3,485 per month, based on comparable rentals
Sale and tax history for 40772 Morning Star Rd
Sale History
Tax History
Date
Event
Price
AKMLS #26-9046
Oct 9, 2026
Sold
*
Sep 7, 2026
Pending
—
Aug 14, 2026
Price Changed
$1,195,000
$362/sq ft
Jul 19, 2026
Listed
$1,295,000
$392/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,517 (−3.2%)
$154,700 + $946,000
$1,100,700
2025
$5,697 (+18.5%)
$154,700 + $946,000
$1,100,700
2024
$4,807 (+25.2%)
$151,600 + $955,800
$1,107,400
2023
$3,839 (−2.8%)
$143,600 + $799,900
$943,500
2022
$3,949 (+4.3%)
$127,100 + $669,700
$796,800
2021
$3,787 (+4.4%)
$106,400 + $649,700
$756,100
2020
$3,626 (+28.1%)
$103,600 + $625,300
$728,900
2019
$2,830 (−45.7%)
$102,400 + $608,500
$710,900
2018
$5,217 (+101.3%)
$102,400 + $576,400
$678,800
2017
$2,591 (+408.1%)
$89,100 + $243,100
$332,200
2016
$510
$89,100 + $243,100
$332,200
2015
$510
$65,400
2014
$510
$65,400
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
1.24 Acres
Year renovated
—
Sq. Ft.
3,303
Year built
2016
Style
Single Family Residential
County
Kenai Peninsula Borough
APN
17406302
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Parking
Garage Information
Garage Spaces: 2.0
Carport Spaces: 0.0
Interior
Bathroom Information
# of Total Baths: 3
# of Full Baths: 1
# of Half Baths: 1
# of 3/4 Baths: 1
Bedroom Information
# of Bedrooms (Total): 4
Interior Features
Fireplace: Yes
Flooring: Carpet, Tile
Interior Features: Dishwasher, Refrigerator, BR/BA on Main Level, BR/BA Primary on Main Level, Ceiling Fan(s), Electric, Family Room, Window Coverings, Wired Audio, Solid Surface Counter
Room Information
# of Rooms (Total): 0
Exterior
Exterior Features
Exterior Features: Private Yard, Covenant/Restriction, Hot Tub, Landscaping, View
Roof: Metal
Property Information
Property Type: Residential
Property Attached: No
Year Built: 2017
Lot Information
Lot Size Area: 54014.4
Lot Size Units: Square Feet
Lot Size Square Feet: 54014.4
Lot Size Acres: 1.24
Utilities
Utility Information
Sewer: Septic Tank
Location
HOA Information
Association Name: Kachemak Estates
Elementary School
Elementary School: McNeil Canyon
Middle School
Middle Or Junior School: Homer
High School
High School: Homer
Location Information
Directions: East End - Left on Morning Star - house is on the right
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,303
Stories: 1.0
Lot Size: 1.24 acres
Style: Single Family Residential
Year Built: 2016
Year Renovated: —
County: Kenai Peninsula Borough
APN: 17406302
Home facts updated by county records on Sep 9, 2026
Around this home
Schools
McNeil Canyon Elementary School
Public K-6 • Assigned • 7.1mi
9/10
Homer Middle School
Public 7-8 • Assigned • 5.5mi
5/10
Homer High School
Public 9-12 • Assigned • 4.5mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
Fire Factor
We're working on getting current and accurate fire risk information for this home.
Heat Factor
We're working on getting current and accurate heat risk information for this home.
Wind Factor
We're working on getting current and accurate wind risk information for this home.
1/10 Air Factor
Minimal risk of unhealthy air over next 30 years
Provided by First Street
Historical weather
Homer, AK • 99603
Average low and high temperatures (°F)
33
26
35
27
33
23
43
36
49
41
56
48
60
51
61
52
55
48
48
41
36
28
33
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Homer. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.