Location, location, location! This spacious split-level home in the heart of Homer offers a unique opportunity for both homeowners and investors. Conveniently located near restaurants, shopping, and grocery stores, the property combines practicality with scenic views of Kachemak Bay and the surrounding mountains.The upper level features 3 bedrooms, 1 bathroom, and a main living area. The lower level includes 2 additional bedrooms, 1 bathroom, and a large bonus living space ideal for multi-generational living, guests, or future rental use. With a flexible layout, the home has strong potential to be converted into a duplex to generate income. It's a solid candidate for anyone looking to build equity. With the right improvements, this property could be transformed to meet a wide range of living or investment needs.
For sale
Price cut: $16K (6/9)
$409,000
414 Bonanza Ave, Homer, AK 99603
5beds
2,408sqft
Est.:
Single Family Residence
Built in 1977
6,098.4 Square Feet Lot
$404,600 Zestimate®
$170/sqft
$-- HOA
What's special
- 39 days
- on Zillow |
- 656 |
- 29 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 03:09pm
Listed by:
Valerie Buss,
Kachemak Keller Williams Realty Alaska Group,
Becky Turkington,
Kachemak Keller Williams Realty Alaska Group
Source: AKMLS,MLS#: 25-5231

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Included: Range/Oven, Refrigerator, Washer &/Or Dryer
Features
- Family Room
- Flooring: Carpet, Laminate
- Has basement: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,408
- Total interior livable area: 2,408 sqft
Property
Parking
- Parking features: No Garage, No Carport
Features
- Levels: Split Entry
- Has view: Yes
- View description: Bay, Inlet, Mountain(s), Ocean
- Has water view: Yes
- Water view: Bay,Inlet,Ocean
- Waterfront features: None, No Access
Lot
- Size: 6,098.4 Square Feet
- Features: City Lot, Views
- Topography: Gently Rolling
Details
- Parcel number: 17710115
- Zoning: CBD
- Zoning description: Central Business District
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Asphalt,Composition,Shingle
Condition
- New construction: No
- Year built: 1977
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $315,100
- Annual tax amount: $3,233
- Date on market: 5/7/2025
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