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For sale
  • Price cut: $16K (6/9)
    $409,000

    414 Bonanza Ave, Homer, AK 99603

    5beds
    2,408sqft
    : 
    Single Family Residence
    Built in 1977
    6,098.4 Square Feet Lot
    $404,600 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    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.
    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#: 25-5231MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 414 Bonanza Ave.

    Next available tour time:Today at 11am

    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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