Set on 1.29 meticulously landscaped acres in one of Homer's most desirable neighborhoods, this stunning custom craftsman home is not just a property--it's a statement. Built by Beachy Construction, one of Homer's premier builders, this home blends quality craftsmanship with an unmistakable Alaskan charm.Welcome to 40755 Morning Star Road - Where Thoughtful Design Meets Alaskan Beauty, this stunning Homer retreat isn't just a home - it's a lifestyle. From the moment you arrive, you'll sense the quiet confidence of a property that has nothing to prove and everything to offer. Inside, the soaring ceilings, abundant natural light, and custom details offer a rare blend of comfort and character. With 3 spacious bedrooms, 2.5 baths, and a versatile bonus room, the layout is as functional as it is inspiring. Whether you're hosting guests or finding peace and solitude, the flow of this home makes everyday living feel like a luxury. Outside, the grounds are a masterclass in Alaskan elegance -professionally landscaped with care and intention, offering privacy, beauty, and room to breathe. The oversized 3-bay garage adds both utility and value, ideal for all your vehicles, gear, or creative pursuits. Located in one of Homer's most sought-after neighborhoods, this estate stands out in a market that rewards quality, design, and lifestyle. It's not just a place to live -it's where your next chapter begins.
For sale
Price cut: $15K (11/4)
$734,000
40755 Morning Star Rd, Homer, AK 99603
4beds
2,048sqft
Est.:
Single Family Residence
Built in 2011
1.29 Acres Lot
$729,600 Zestimate®
$358/sqft
$-- HOA
What's special
Custom craftsman homeSoaring ceilingsSpacious bedroomsAbundant natural lightVersatile bonus roomCustom details
- 184 days |
- 1,016 |
- 62 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 31, 2025 at 04:31pm
Listed by:
Christopher L Story,
Story Real Estate,
Tiffanie Story,
Story Real Estate
Source: AKMLS,MLS#: 25-8221
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Baseboard
Appliances
- Laundry: Washer &/Or Dryer Hookup
Features
- BR/BA Primary on Main Level, Solid Surface Counter, Vaulted Ceiling(s)
- Flooring: Carpet, Hardwood, Tile
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,048
- Total interior livable area: 2,048 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, Attached, Heated Garage, No Carport
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck/Patio
- Exterior features: Private Yard
- Has view: Yes
- View description: Bay, City Lights, Glacier, Mountain(s)
- Has water view: Yes
- Water view: Bay
- Waterfront features: None, No Access
Lot
- Size: 1.29 Acres
- Features: Covenant/Restriction, Landscaped, Views
- Topography: Gently Rolling,Level
Details
- Parcel number: 17406313
- Zoning: UNZ
- Zoning description: Not Zoned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame - 2x6, Masonry, Wood Siding
- Foundation: Quad-Lock
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2011
Details
- Builder name: Beachy Construction
Utilities & green energy
- Sewer: Lift Station
- Water: Hold Tank, Water Delivered
- Utilities for property: Electric
Community & HOA
HOA
- Has HOA: Yes
Location
- Region: Homer
Financial & listing details
- Price per square foot: $358/sqft
- Tax assessed value: $735,700
- Annual tax amount: $3,247
- Date on market: 7/1/2025
- Road surface type: Gravel
Estimated market value
$729,600
$693,000 - $766,000
$2,414/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Price change | $734,000-2%$358/sqft |
Source:  AKMLS #25-8221 Report a problem | ||
| 9/25/2025 | Price change | $749,000-6.3%$366/sqft |
Source: AKMLS #25-8221 Report a problem | ||
| 7/22/2025 | Price change | $799,000-4.8%$390/sqft |
Source: AKMLS #25-8221 Report a problem | ||
| 7/1/2025 | Listed for sale | $839,000$410/sqft |
Source: AKMLS #25-8221 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,247 +31.9% | $735,700 +18.1% |
| 2023 | $2,462 +30.6% | $623,000 +19.8% |
| 2022 | $1,886 +0.2% | $520,000 +0.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,146/mo
Principal & interest
$3485
Property taxes
$404
Home insurance
$257
Climate risks
Neighborhood: 99603
Nearby schools
GreatSchools rating
- 6/10McNeil Canyon Elementary SchoolGrades: K-6Distance: 8.2 mi
- 10/10Homer Middle SchoolGrades: 7-8Distance: 4.5 mi
- 8/10Homer High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Paul Banks/Homer
- Middle: Homer
- High: Homer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Loading
- Loading
