For sale

$259,000

Est. $1,480/mo —

•

672

sq ft

40854 Ruth Way, Homer, AK 99603

About this home

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, and a septic system will be installed with an acceptable offer.

Single-familyProperty Type

2022Year Built

2.09 acresLot Size

$385Price/Sq.Ft.

Listed by Becky Turkington • Kachemak Real Estate Group Real Broker

Listed by Valerie Buss • Kachemak Real Estate Group Real Broker

Listing updated: Jun 1, 2026 at 10:37am

Redfin checked: a few seconds ago

•Source:AKMLS #26-6220

Payment calculator

$1,480 per month

Principal and interest$1,361

Property taxes

$78

HOA dues

Home insurance

$41

Utilities

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Down payment assistance

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Open houses

No upcoming open houses.

Nearby open houses (1)

Around this home

Schools
Places
Transit

West Homer Elementary School

Public 3-6 • Assigned • 4.5mi

8/10

Homer Middle School

Public 7-8 • Assigned • 4.9mi

10/10

Homer High School

Public 9-12 • Assigned • 5.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

40854 Ruth Way · $259,000

Strong offer

$259K and above

75% chance or better to win

Why $259K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 12 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Fireplace
Window coverings
BR/BA primary on main level

Bedrooms
1 bedroom

Bathrooms
1 three-quarter bathroom

Kitchen
Refrigerator

Flooring
Carpet

Sale and tax history for 40854 Ruth Way

Sale History
Tax History

Public record

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

2.09 Acres

Year renovated

—

Finished Sq. Ft.

672

Unfinished Sq. Ft.

—

Total 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 Jun 23, 2026.

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

92/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

11.8 hrs

3.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 40854 Ruth Way

$255,161

$3,839 under list price of $259K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $230K to $490K.

SOLD JUL 2, 2026
$325,000 Last sold price
2 beds1 bath1,020 sq ft
2405 Judy Rebecca Ct, Homer, AK 99603
$66/sq ft
smaller lot
38 years older
SOLD SEP 16, 2025
$229,900 Last sold price
2 beds1 bath780 sq ft
436 Grubstake Ave, Homer, AK 99603
$90/sq ft
smaller lot
33 years older
SOLD MAY 19, 2026
$299,000 Last sold price
1 bed1 bath792 sq ft
71252 Siri Ct, Anchor Point, AK 99556
$7/sq ft
larger lot
10 years older
SOLD JUN 12, 2026
$490,000 Last sold price
3 beds2 baths1,368 sq ft
67268 Endless View Loop, Homer, AK 99603
$27/sq ft
smaller lot
1 year newer
SOLD JUL 1, 2026
$445,000 Last sold price
3 beds2 baths1,404 sq ft
3660 Forest Glen Dr, Homer, AK 99603
$68/sq ft
smaller lot
3 years older
SOLD JUN 11, 2026
$349,000 Last sold price
2 beds1 bath862 sq ft
4560 Aspen Ct, Homer, AK 99603
$20/sq ft
smaller lot
28 years older

Rental earnings

Est. $1,531 per month, based on comparable rentals

Contact listing agent

Becky Turkington

Kachemak Real Estate Group Real Broker

503-298-3217

beckyturkingtonrealty@gmail.com

At this time, Redfin doesn't have an agent available to help you with this home.

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Details provided by AKMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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