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    L2 W Fairview Ave Homer, AK 99603

    For Sale
    $108,750

    Land - Homer, AK

    Lot size:
    1.00 Acre
    Days on Market:
    96
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for L2 W Fairview Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    17504005
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Dwell Realty LLC (907) 646-3600 [email protected]

    Listing agent Connie Yoshimura (907) 646-3600

    Listing date Sep 1, 2025

    MLS# 24-14113 Listing URL

    Copyright © 2025 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Homer, AK Residential Development Land

    This property is part of Terra Bella, a new residential development in Homer, Alaska, featuring nine building lots along W Fairview Ave. Each lot spans over an acre. The neighborhood is suitable for low-density multi-family housing, providing investment potential. The spacious parcels have access to public sewer and water, gas, and electric. The property offers potential south-facing views of Kachemak Bay and Homer Spit. According to a recent appraisal in August 2024, the value is $145,000.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Homer
    County
    Kenai Peninsula
    State
    Alaska
    Longitude
    -151.564764
    Latitude
    59.650027

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    FAQs

    What type of property is this?
    Land - Residential development land with utilities and investment potential in Homer.
    Where is this land located?
    The property is located at L2 W Fairview Ave Homer, AK.
    What is the asking price?
    The asking price for this property is $108,750.
    What are key features of this property?
    This property features: - Generous building lots over an acre each.; - Conveniently located near local amenities in Homer.; - Access to public sewer and water, gas & electric.
    (907) 646-3600
    Request Owner's contact information
    L2 W Fairview Ave Homer, AK 99603
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    Homer, AK 99603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    L2 W Fairview Ave Homer, AK 99603
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