Homer, AK 99603,468 Rainbow CT
Homer, AK 99603,468 Rainbow CT
Homer, AK 99603,468 Rainbow CT
Additional details
Danielle Kiser

Danielle Kiser

Elite Real Estate Group

+1(907) 244-8796
$525,000
Est. payment /mo
4 Beds
2 Baths
2,280 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,280 sqft

Price per Sqft $230

MLS Listing ID 25-2486

Style Two-Story Tradtnl

Bedrooms 4

Full Baths 2

Construction Status Existing Structure

Originating Board Alaska Multiple Listing Service

Year Built 1979

Lot Size 0.480 Acres

Acres 0.48

Property Description

This beautiful 4-bedroom, 2-bath home offers a perfect blend of comfort, convenience, and investment potential. Located just a 5-minute walk to Pioneer Ave., City Hall, and the junior college, this home sits on a spacious 0.48-acre lot and includes a separate 485 sq. ft. rental cabin/home, currently leased for additional income. Step outside onto the expansive deck, perfect for relaxing, dining, or enjoying the serene surroundings.

The huge basement provides endless possibilitieswhether 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!

Location

State AK

Area 490 - Homer

Zoning RR - Rural Residential

Direction In Homer town center take Kachemak Way to Rainbow Ct. (right) on Rainbow Ct. Home is second home on the left. See real estate sign.

Interior

Interior Features BR/BA on Main Level, BR/BA Primary on Main Level, CO Detector(s), Wood Stove

Exterior

Parking Features None

Roof Type Shingle

Topography Level

Building

Lot Description Level

Foundation None

Lot Size Range 0.48

Architectural Style Two-Story Tradtnl

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Paul Banks/Homer

Middle Schools Homer

High Schools Homer

Others

Tax ID 17704023

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan


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Alaska MLS
Listed by Homer Real Estate

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agent

Danielle Kiser

+1(907) 244-8796

REALTOR® | License ID: 188938

REALTOR® License ID: 188938

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