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$1,700,000
59 Days On Site

40523 Summer Star Road
Homer, AK 99603

Residential|Pending
5
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
3,559
SqFt
$478
/SqFt
2021
Built
County:
Kenai Peninsula Borough
Listing courtesy of Valerie Buss of Kachemak Real Estate Group Real Broker
40523 Summer Star Road40523 Summer Star Road40523 Summer Star Road40523 Summer Star Road
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Monthly Payment (Est.)

$7,756
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Luxury living in one of Homer's most desirable neighborhoods. Set on a large lot and positioned to capture sweeping views from every room, this exceptional home offers privacy, quality, and a thoughtful design rarely found in the local market. Floor-to-ceiling windows frame Kachemak Bay, the Kenai Mountains, glaciers, Homer Spit, and the surrounding landscape, bringing natural light and views into nearly every space. Upon entry, the home opens into a split-level layout that immediately showcases the scale, light, and setting of the property. The main level is designed for everyday living, with the kitchen, dining area, living room, primary suite, and office all thoughtfully placed on one level. The main living area features dramatic ceilings, large windows, an incredible gas fireplace, and direct access to the large southern-facing deck, making the most of the home's setting. The kitchen pairs clean design with quality finishes, featuring high-end appliances, a large island and natural light, keeping the space connected to the views. The primary suite offers you your own private retreat with unobstructed views, a private deck, and a spacious ensuite and sauna. The lower level adds significant living space, including a large second living area, a walkout basement, and three additional bedrooms. With full-size windows, incredible views, and direct access to the outdoors, this level feels open, comfortable, and connected to the setting. It is ideal for guests, family, entertaining, or flexible use. The property also features a large, manicured lawn with a pond, mini orchard and fenced garden, beautiful landscaping and established perennials. Located in a highly sought-after Homer neighborhood, this is one of the area's most distinctive luxury properties - offering space, privacy, views, and a level of quality that sets it apart.

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Listing Snapshot
Price 
$1,700,000
Days On Site 
59 Days
Bedrooms 
5
Inside Area (SqFt) 
3,559 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
1.21 Acres
Year Built 
2021
MLS® Number 
26-8649
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoStatus changed to Pending
2 months agoListing first seen on site
General Features
Acres 
1.21
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Parking 
PavedAttached
Sewer 
Septic Tank
SqFt Total 
3559
Style 
Split Level
Water Source 
Cistern
Zoning 
UNZ - Not Zoned
Interior Features
Fireplace 
Yes
Fireplace Features 
Gas
Heating 
Radiant FloorNatural Gas
Interior 
SaunaVaulted Ceiling(s)Soaking TubMaster Downstairs
Spa 
Yes
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Exterior Features
Construction Details 
Wood SidingFrame
Roof 
Metal
Spa 
Yes
View 
BayMountain(s)Ocean
Waterview 
BayMountain(s)Ocean
Community Features
MLS Area 
1B - Kenai Peninsula Borough
Financing Terms Available 
CashConventionalFHAVA Loan
Roads 
Gravel
Horse Allowed 
Yes
Schools
School District
Unknown
Elementary School
Paul Banks/Homer
Middle School
Homer
High School
Homer

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or 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. Listing Information is updated daily. Copyright 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved.
Last checked: 2026-09-11 09:58 PM UTC. Data Services Provided by Showcase IDX.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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