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40424 Gruening Street

Homer, AK 99603
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Bed 5

Bed

Bath 4

Bath

SqFt133,729.20

Sqft(Lot)

Panoramic Glacier & Bay Views That Will Take Your Breath Away! As you wind your way up scenic Panorama Drive, you'll feel like you can almost reach out and touch the glacier. Perched on 3.07 private acres, this exceptional property boasts one of the most spectacular, completely unobstructed views of Kachemak Bay, the glaciers, mountains, and surrounding wilderness that Homer has to offer. Designed to showcase the incredible scenery, the home features 4 spacious bedrooms and 3 full bathrooms, with large private bedrooms and an open-concept living, dining, and kitchen area framed by walls of windows that capture the ever-changing beauty of the bay. Whether you're enjoying your morning coffee or watching the sunset, the views are unforgettable. Formerly a highly successful Bed & Breakfast, t his property offers endless possibilities as a private residence, vacation home, or income-producing retreat. Recent improvements include a fully finished basement, adding valuable living space with a generous family room, as well as a new 896-square-foot detached garage perfect for vehicles, recreational toys, hobbies, or a workshop. A spacious utility area and an attached garage provide even more functionality. Adding to the property's unique charm is a one-of-a-kind igloo, creating a memorable gathering space or conversation piece unlike anything else. If you've been searching for privacy, acreage, incredible views, and a home with exceptional versatility, this is a rare opportunity to own one of Homer's most remarkable view properties. Experience Alaska at its finest--where every day begins and ends with a postcard-worthy panorama.

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Detail Ic Property Details

Property Type : Residential

Price : $865,000

AD Id : 88062500

MLS Id : 26-8688

Beds : 5

Lot Size : 133,729.20 Sqft

Year Built : 1992

Garage : 2

County : Kenai Peninsula Borough

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes
  • Flooring Information

    Carpet
  • Roofing Information

    Metal
  • Interior Features

    Ceiling Fan(s), Vaulted Ceiling(s), Master Downstairs Roof: Metal Appliances: Microwave, Dishwasher, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Kerosene, Wood, Oil, Wood Stove Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1992 Building Area Total: 2606 Construction Materials: Wood Siding, Frame Private Pool: No View: Bay, Mountain(s), Ocean
  • Exterior Features

    Exterior Features: Storage

  • Lot Information

    Main Square Feet: 133729.2 Square Feet Lot Size Acres: 3.07 Lot Size Square Feet: 133729.2 Lot Description: Rolling Slope, Level

  • Listing Price Information

    Listing Price: $865000 Original Price: $86500 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 17415015 Tax Legal Desc: Gruening Vista Tr 11

  • Parking Information

    Garage Door Opener, Attached, Detached, Heated Garage, RV Access/Parking

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Paul Banks/Homer
    Junior High School: Homer
    Senior High School: Homer
  • Location Information

    Direction: East Hill to Skyline. Turn rt to Gruening. Turn rt to Panorama Dr. Turn left, home at end on right. WaterSource: Private, Well Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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ByOwner last updated this listing 07/23/2026 @ 14:20

MLS: 26-8688 LISTED BY: Gina Pelaia, Berkshire Hathaway HomeServices Alaska Realty 907-226-2226 SOURCE: Alaska Multiple Listing Service

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