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For sale
  • Price cut: $24K (6/5)
    $475,000

    468 Rainbow Ct, Homer, AK 99603

    4beds
    2,280sqft
    : 
    Single Family Residence
    Built in 1979
    0.48 Acres Lot
    $469,500 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Beautiful 4-bedroom, 2-bath home, open floor plan, high ceilings,southerly facing windows,oversized in town lot, newly painted and investment potential. and includes a separate 485 sq. ft. rental cabin/home, currently re nted for additional income. Bedroom/bath plus second living room on the ground floor. Save your gasoline and walk to stores and schools. Love living here!!! Step outside onto the expansive deck, perfect for relaxing, dining, or enjoying the serene surroundings. The huge basement provides endless possibilities whether you need extra storage, a home gym, or potential for additional living space. Outside, the generous lot offers ample space for gardening, play, or future expansion. The rental cabin adds incredible value, whether as a steady income stream or a private guest retreat. Don't miss this incredible opportunity to own a home with built-in rental income in one of the most convenient locations in town! Closing/recording is subject to completion of the Probate process. Almost complete!!! Motivated seller!
    97 days
    on Zillow
    |
    305
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 05, 2025 at 01:03pm

    Listed by:

    Marjolein Cardon,

    Homer Real Estate,

    Margaux Sheppard,

    Homer Real Estate

    Source: AKMLS,MLS#: 25-2486MLS Logo
    Travel times

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    We’ll find a local expert to take you on a private tour of 468 Rainbow Ct.

    Next available tour time:Today at 11:30am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Oil, Wood Stove
    Features
    • BR/BA on Main Level, BR/BA Primary on Main Level
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,280
    • Total interior livable area: 2,280 sqft

    Property

    Parking
    • Parking features: No Garage, No Carport
    Features
    • Levels: Two
    • Stories: 2
    • Waterfront features: None, No Access
    Lot
    • Size: 0.48 Acres
    • Topography: Level
    Details
    • Parcel number: 17704023
    • Zoning: RR
    • Zoning description: Rural Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame - 2x6, Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Homer

    Financial & listing details

    • Price per square foot: $208/sqft
    • Tax assessed value: $409,800
    • Annual tax amount: $1,424
    • Date on market: 3/11/2025
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