1149 Virginialyn Way, Homer, AK 99603 (MLS# 26-5818)

1149 Virginialyn Way, Homer, AK 99603

$1,350,000
Property Type: Multi-Family Bedrooms: 6 Baths: 6 Square Footage: 3,600 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $1,350,000 Last Modified: 5/22/2026

Overview

Description

Your ''Pot of Gold'' in the Cosmic Hamlet! Combine an idyllic Beluga Lake setting with a Kenai Mountain backdrop and downtown Homer convenience. Each unit is styled with a refreshingly unique Alaska / Nordic theme. Cozy and desirable with thoughtful functionality throughout. This complex exudes potential for short or longer term rentals. Let this be your rainbow!

Listing Details MLS# 26-5818

Contract Info

Price-List
1350000
Date-Listing
2026-05-21
Foreclosure/Bank Own
No

Location Tax and Legal

Area
490 - Homer
Street #
1149
Street Name
Virginialyn
Arterial
Way
Closest USPS Town
Homer
State
AK
Zip Code
99603
Subdivision Name
VIRGINIA LYN SUB

Property Info

Realtor.com Type
Multi-Family
Construction Status
Existing Structure
Beds
6
Bathrooms Full
6
Bathrooms Total
6
Bldgs-Ttl #
3
Year Built
2023
SF-Res
3600
Number of Units
3
SF-Lot
14810.4
Acres
0.34
Prkg Spcs
6
Lot Area Source
Tax Authority
Zoning
UR - Urban Residential
Bathrooms Half
0
Bathrooms Three Quarter
0
Garage Spaces
0
Carport Spaces
0

Directions and Remarks

Directions
East End Rd turn right (south) on Pennock. Proceed 1/4 mile to Virginialyn Way. Turn left and drive 100 yards. Property is on right.

Mortgage Info

EM Minimum Deposit
10000

Unit #1

Bath - Full
2
Bedroom
2
Extra Room
Yes
Parking Spaces
2

More Information

Unit #2

Bath - Full
2
Bedroom
2
Extra Room
Yes
Parking Spaces
2

Unit #3

Bath - Full
2
Bedroom
2
Extra Room
Yes
Parking Spaces
2

Currently Not Used

Subdivision Name
VIRGINIA LYN SUB

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1B - Kenai Peninsula Borough
Grid # (Muni Anch)
N/A
Tax Map #-Mat-Su
N/A
Legal
Virginia Lyn L55
Taxes (Estimated)
3549
Tax Year
2025
School-Elementary
Paul Banks/Homer
School-Middle
Homer
School-High
Homer

Multi-Family Type

Side by Side
Yes

Listing Terms Financing

Cash
Yes
Conventional
Yes

Exterior Finish

Metal
Yes
Wood
Yes

Heating

Natural Gas
Yes

Topography

Sloping
Yes

Roof Type

Metal
Yes

Construction Type

Wood Frame - 2x6
Yes

Foundation Type

Pilings
Yes

View Type

Bay
Yes
Lake
Yes
Mountains
Yes

Wtrfrnt-Access Near

Bay
Yes
Inlet
Yes
Lake
Yes
Slough/Estuary
Yes

Garage Type

None
Yes

Wtrfrnt-Frontage

None
Yes

Flooring

Carpet
Yes
Laminate
Yes

Sewer-Type

Public Sewer
Yes

Water Source

Public
Yes

Access Type

Gravel
Yes
Maintained
Yes

Features-MultiFamily

CO Detector(s)
Yes
Smoke Detector(s)
Yes
Washer/Dryer
Yes

Docs Avl for Review

As-Built
Yes

Property Features

Multi-Family Type: Side by Side Exterior Finish: Metal; Wood Roof Type: Metal Foundation Type: Pilings Construction Type: Wood Frame - 2x6 Garage Type: None Heating: Natural Gas Sewer-Type: Public Sewer Water Source: Public Access Type: Gravel; Maintained View Type: Bay; Lake; Mountains Topography: Sloping Wtrfrnt-Frontage: None Wtrfrnt-Access Near: Bay; Inlet; Lake; Slough/Estuary Features-MultiFamily: CO Detector(s); Smoke Detector(s); Washer/Dryer Flooring: Carpet; Laminate Docs Avl for Review: As-Built Listing Terms Financing: Cash; Conventional
IDX
Listing Office: Story Real Estate
Last Updated: May - 22 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

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