This adorable cottage is tucked away on just over 2 private acres, offering peace, privacy, and the perfect Alaska retreat - just 15 minutes from the Homer Spit. Featuring 1 bedroom and 1 bathroom, this cozy home is ideal for those seeking a simpler lifestyle or weekend getaway. With no CCRs, you'll enjoy the freedom to make the property your own. The home is served by a spring-fed water source.
Single-familyProperty Type
2022Year Built
2.09 acresLot Size
$295Price/Sq.Ft.
Listed by Becky Turkington• Kachemak Real Estate Group Real Broker
Listed by Valerie Buss• Kachemak Real Estate Group Real Broker
Bought with Ross Baxter• Jack White Real Estate Soldotna
Est. $1,483 per month, based on comparable rentals
Sale and tax history for 40854 Ruth Way
Sale History
Tax History
Date
Event
Price
AKMLS #26-6220
Oct 30, 2026
Sold
*
Oct 19, 2026
Pending
—
Aug 26, 2026
Price Changed
$198,000
$295/sq ft
May 28, 2026
Listed
$259,000
$385/sq ft
AKMLS #24-12077
Sep 17, 2024
Listed
$299,000
$445/sq ft
AKMLS #24-652
Mar 12, 2024
Price Changed
$265,000
$394/sq ft
Jan 19, 2024
Listed
$295,000
$439/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,889 (+102.7%)
$57,400 + $135,900
$193,300
2025
$932 (−1.9%)
$57,400 + $135,900
$193,300
2024
$950 (−44.1%)
$56,300 + $132,500
$188,800
2023
$1,699 (+215.1%)
$52,900 + $122,700
$175,600
2022
$539 (+8.6%)
$52,900 + $95,100
$148,000
2021
$497 (+4.6%)
$45,700
2020
$475 (−3.9%)
$43,400
2019
$494
$43,400
2018
$494 (+23.3%)
$44,900
2017
$401 (+10.7%)
$37,100
2016
$362
$37,100
2015
$362
$33,600
2014
$362
$33,600
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
2.09 Acres
Year renovated
—
Sq. Ft.
672
Year built
2022
Style
Single Family Residential
County
Kenai Peninsula Borough
APN
17352038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Property details
Parking
Garage Information
Garage Spaces: 0.0
Carport Spaces: 0.0
Interior
Bathroom Information
# of Total Baths: 1
# of Full Baths: 0
# of Half Baths: 0
# of 3/4 Baths: 1
Bedroom Information
# of Bedrooms (Total): 1
Interior Features
Flooring: Carpet
Interior Features: Refrigerator, BR/BA Primary on Main Level, Fireplace, Window Coverings
Room Information
# of Rooms (Total): 0
Exterior
Exterior Features
Roof: Asphalt
Property Information
Property Type: Residential
Property Attached: No
Construction Materials: Wood Frame
Year Built: 2022
Lot Information
Lot Size Area: 91040.4
Lot Size Units: Square Feet
Lot Size Square Feet: 91040.4
Lot Size Acres: 2.09
Utilities
Utility Information
Sewer: Septic Tank
Location
Elementary School
Elementary School: Paul Banks/Homer
Middle School
Middle Or Junior School: Homer
High School
High School: Homer
Location Information
Directions: Take the Sterling Highway to Diamond Ridge, Once on Diamond Ridge take the first left onto Ruth Way. Property Is located on the right hand side at the end of the Road.
Public facts
Beds: —
Baths: —
Sq. Ft.: 672
Stories: 1.0
Lot Size: 2.09 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: —
County: Kenai Peninsula Borough
APN: 17352038
Home facts updated by county records on Sep 9, 2026
Around this home
Schools
West Homer Elementary School
Public 3-6 • Assigned • 4.5mi
7/10
Homer Middle School
Public 7-8 • Assigned • 4.9mi
5/10
Homer High School
Public 9-12 • Assigned • 5.4mi
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
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in Homer. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.