744 Ocean Drive Loop, Homer, AK 99603

$499,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,730 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $499,000 Last Modified: 8/17/2026

Overview

Description

A fantastic opportunity for an investment property, multi-generational living, or owner-occupant with rental income. The inviting upper-level residence features brand-new carpet and plenty of charm, while the lower-level unit offers accessible living with convenient ground-level access. Outside, enjoy a fenced apple orchard that adds a special touch to the property.

Supplements: With two natural gas meters and two electric meters, each unit has separately metered utilities, making ownership and management that much easier. Located in a desirable Homer neighborhood and connected to city water and sewer, this well-maintained duplex offers flexibility, income potential, and a great location.

Listing Details MLS# 26-10416

Location Legal and School Info

Area
490 - Homer
Street #
744
Street Name
Ocean Drive
Arterial
Loop
Closest USPS Town
Homer
State
AK
Zip Code
99603

Contract Info

Price-List
499000
Date-Listing
2026-08-14
Foreclosure/Bank Own
No

Property Info

Realtor.com Type
Residential - Single Family
Property Attached/Common Walls
No
Construction Status
Existing Structure
Beds
2
Bathrooms Full
2
Bathrooms Total
2
SF-Res
1730
Year Built
2009
Year Updated
2026
SF-Lot
10890
Lot Area Source
Tax Authority
Acres
0.25
Zoning
RR - Rural Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Remarks and Directions

Directions
From downtown Homer, travel west on W. Pioneer Avenue. Turn south onto Lake Street, then turn right onto Ocean Drive. Continue west on Ocean Drive Loop; look for sign on right.

Mortgage Info

EM Minimum Deposit
5000

Location, Legal, and School Info

Region
1 - Southcentral Alaska Region
Borough/Census Area
1B - Kenai Peninsula Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Tax ID
17717423
School-Elementary
Paul Banks/Homer
School-Middle
Homer
School-High
Homer
Builder Name & Co
Owner
Legal
Oscar Munson L78

More Information

Residential Type

B & B Potential
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Exterior Finish

Vinyl
Yes

Heating

Floor Furnace
Yes
Natural Gas
Yes

Topography

Level
Yes

Roof Type

Asphalt
Yes
Composition
Yes

Construction Type

Wood Frame - 2x8
Yes

Foundation Type

Quad-Lock
Yes

Wtrfrnt-Access Near

None
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Carport Type

None
Yes

Flooring

Carpet
Yes
Linoleum
Yes

Floor Style

Other - See Remarks
Yes

Features-Interior

BR/BA on Main Level
Yes
CO Detector(s)
Yes
Smoke Detector(s)
Yes
Washer &/Or Dryer Hookup
Yes

Appliances

Range
Yes
Refrigerator
Yes
Dishwasher
Yes
Washer/Dryer Stacked
Yes

Features-Additional

In City Limits
Yes

Water Source

Public
Yes

Access Type

Gravel
Yes
Maintained
Yes

Dining Room Type

Area
Yes

Sewer Type

Public Sewer
Yes

Docs Avl for Review

Docs Posted on MLS
Yes

Property Features

Residential Type: B & B Potential Construction Type: Wood Frame - 2x8 Exterior Finish: Vinyl Roof Type: Asphalt; Composition Foundation Type: Quad-Lock Floor Style: Other - See Remarks Garage Type: None Carport Type: None Heating: Floor Furnace; Natural Gas Sewer Type: Public Sewer Water Source: Public Dining Room Type: Area Features-Interior: BR/BA on Main Level; CO Detector(s); Smoke Detector(s); Washer &/Or Dryer Hookup Appliances: Range; Refrigerator; Dishwasher; Washer/Dryer Stacked Flooring: Carpet; Linoleum Features-Additional: In City Limits Access Type: Gravel; Maintained Topography: Level Wtrfrnt-Frontage: None Wtrfrnt-Access Near: None Listing Terms Financing: Cash; Conventional; FHA Docs Avl for Review: Docs Posted on MLS
IDX
Listing Office: Story Real Estate
Last Updated: August - 17 - 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.