40035 Fernwood Drive, Homer, AK 99603
$515,000
Property Type:
Multi-Family
Bedrooms:
5
Baths:
3
Square Footage:
2,305
Lot Size (sq. ft.):
47,045
Status:
Active
Current Price:
$515,000
Last Modified:
7/24/2026
Listing Details MLS# 26-1609
Contract Info
- Price-List
- 515000
- Concessions YN
- Yes
- Date-Listing
- 2026-02-20
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 492 - Kachemak City/Fritz Creek
- Street #
- 40035
- Street Name
- Fernwood
- Arterial
- Drive
- Closest USPS Town
- Homer
- State
- AK
- Zip Code
- 99603
- Subdivision Name
- Fernwood SUB 2004
Property Info
- Realtor.com Type
- Multi-Family
- Construction Status
- Existing Structure
- Beds
- 5
- Bathrooms Half
- Yes
- Bathrooms Full
- 2
- Bathrooms Total
- 3
- Bldgs-Ttl #
- 2
- Year Built
- 1959
- Year Remodeled
- 2016
- SF-Res
- 2305
- Number of Units
- 2
- SF-Lot
- 47044.8
- Acres
- 1.08
- Garage Spaces
- 2
- Prkg Spcs
- 4
- Lot Area Source
- Tax Authority
- Zoning
- UNZ - Not Zoned
- Bathrooms Three Quarter
- 0
- Carport Spaces
- 0
Directions and Remarks
- Directions
- From Homer, travel east on East End Road to Fernwood Drive just before Mile 6. Turn onto Fernwood Drive; the property is a flag lot on the left.
Mortgage Info
- EM Minimum Deposit
- 5000
Unit #1
- Bath - Full
- Yes
More Information
Unit #2
- Bath - Full
- Yes
- Bedroom
- 2
Currently Not Used
- Subdivision Name
- Fernwood SUB 2004
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1B - Kenai Peninsula Borough
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Legal
- Fernwood 2024 Tr 1A
- School-Elementary
- Paul Banks/Homer
- School-Middle
- Homer
- School-High
- Homer
Multi-Family Type
- Other - See Remarks
- Yes
Heating
- Baseboard
- Yes
- Floor Furnace
- Yes
- Oil
- Yes
- Wood Stove
- Yes
Topography
- Sloping
- Yes
Roof Type
- Metal
- Yes
Construction Type
- Block
- Yes
- Wood Frame
- Yes
Foundation Type
- Block
- Yes
- Slab
- Yes
View Type
- Bay
- Yes
- Glacier
- Yes
- Ocean
- Yes
- Unobstructed
- Yes
Wtrfrnt-Access Near
- None
- Yes
Garage Type
- Heated
- Yes
- Tuck Under
- Yes
Wtrfrnt-Frontage
- None
- Yes
Carport Type
- None
- Yes
Sewer-Type
- Septic Tank
- Yes
Water Source
- Cistern
- Yes
Access Type
- Gravel
- Yes
- Maintained
- Yes
Features-MultiFamily
- CO Detector(s)
- Yes
- Shed
- Yes
- Smoke Detector(s)
- Yes
- Washer/Dryer HkUp
- Yes
Docs Avl for Review
- Docs Posted on MLS
- Yes
Property Features
Multi-Family Type:
Other - See Remarks
Roof Type:
Metal
Foundation Type:
Block; Slab
Construction Type:
Block; Wood Frame
Garage Type:
Heated; Tuck Under
Carport Type:
None
Heating:
Baseboard; Floor Furnace; Oil; Wood Stove
Sewer-Type:
Septic Tank
Water Source:
Cistern
Access Type:
Gravel; Maintained
View Type:
Bay; Glacier; Ocean; Unobstructed
Topography:
Sloping
Wtrfrnt-Frontage:
None
Wtrfrnt-Access Near:
None
Features-MultiFamily:
CO Detector(s); Shed; Smoke Detector(s); Washer/Dryer HkUp
Docs Avl for Review:
Docs Posted on MLS
Plat Map ›
Aerial Image ›
IDX
Listing Office:
Story Real Estate
Last Updated: July - 24 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.