#25-5880, Listing office: Story Real Estate
Property details
About 40758 Ruth Way
Beautiful lot just waiting for you to build your dream home! Wake up each day to sweeping views of Cook Inlet and the silhouettes of Iliamna and Redoubt. This private parcel offers a front-row seat to Alaska's most iconic scenery - volcanoes on the horizon, endless skies, and incredible sunsets that set the landscape aglow. Tucked away in peaceful seclusion, yet only a 15-minute drive from the center of Homer, it offers the perfect balance of quiet and convenience. Electric nearby and easy road access makes it a convenient blank canvas to build your dream home or weekend getaway.
Highlights
Home typeVacant Land
StatusActive
Lot size1 Acres
MLS #25-6834
ViewInlet, Mountain(s), Ocean
Summary
- View: Inlet, Mountain(s), Ocean
- List Price: $150,000
- Annual Tax Amount: $481
- Tax Year: 2024
- Directions: Sterling Hwy to Diamond Ridge. Left on Ruth Way. Go all the way to the end and property is on the right.
- Lot Size: 1 Acres
- MLS Number: 25-6834
- MLS Name: Alaska Multiple Listing Service
- Office Name: Kachemak Keller Williams Realty Alaska Group
- Office Phone: (907) 235-7733
- Office Email: info@kachemakgroup.com
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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 12:40:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$150,000
40758 Ruth Way
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $44,500 | $481 |
| 2023 | $44,500 | $510 |
| 2022 | $38,500 | $454 |
| 2020 | $37,400 | $409 |
| 2019 | $38,700 | $425 |
| 2018 | $38,700 | $425 |
| 2017 | $32,800 | $354 |
History based on county public records data.
Nearby schools
7
Fireweed Academy
Public Charter KG-6
4.6 mi
•995 Soundview Ave
6
West Homer Elementary School
Public District 3-6
4.6 mi
•995 Soundview Ave Ste 1
7
McNeil Canyon Elementary School
Public District KG-6
15.2 mi
•52188 E End Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,486. Residents of Homer, AK typically earn between $100k-200k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
30%
<35k
32%
35k-100k
34%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
9%
Single, with Kids
37%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
54%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Homer, AK
Transport in Homer includes a network of roads that connect residents to the rest of the Kenai Peninsula and beyond. Public transportation options are available, with schedules designed to accommodate the needs of the community. The area is known for its walkable downtown and the Spit, which are friendly to pedestrians and cyclists alike. Ride-sharing services are present, complementing the existing transport infrastructure and providing additional mobility solutions for residents and visitors.
The community benefits from a selection of essential services, including public schools that serve different age groups, healthcare facilities equipped to provide primary care and emergency services, and a public library that serves as a hub for learning and local culture. Retail and dining experiences are reflective of the local culture, with an emphasis on seafood and locally-sourced ingredients. The town is responsive to the needs of its residents, with services evolving to meet the demands of its growing population.
Homer is celebrated for its artistic community and the iconic Homer Spit, a long strip of land reaching into the bay that's lined with shops and restaurants. The town prides itself on its connection to nature, with numerous outdoor activities such as fishing, hiking, and wildlife viewing that define the local lifestyle. Annual events like the Homer Halibut Festival reflect the town's maritime heritage and tight-knit community spirit.
Homer's housing market offers a scenic blend of rustic and contemporary styles, with single-family homes dotting the landscape, many providing stunning views of Kachemak Bay. The market is diverse, with a mix of older, cabin-style homes and newer constructions that reflect the region's natural aesthetic. While single-family homes are prevalent, there are also options for those seeking condominiums or townhouses, accommodating a range of lifestyle preferences.
About 40758 Ruth Way
The listing price of 40758 Ruth Way property is $150,000.
The property 40758 Ruth Way is land located in Homer, Alaska, 99603.
Active Listing: 40758 Ruth Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40758 Ruth Way are: Fireweed Academy (GreatSchools Rating 7/10), West Homer Elementary School (GreatSchools Rating 6/10), McNeil Canyon Elementary School (GreatSchools Rating 7/10), Homer Middle School (GreatSchools Rating 8/10), Chapman School (GreatSchools Rating 3/10), Homer High School (GreatSchools Rating 8/10), Homer Flex School (GreatSchools Rating 6/10), Nikolaevsk School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $481 (source: MLS/based on county public records data).
The property 40758 Ruth Way is 1 acres.
This home is located at 40758 Ruth Way in Homer, AK and zip code 99603. Features: 0 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $150,000.
Between April and May 2025, Homer, AK real estate market has seen increase in the number of listings by 19.1%. In May 2025, listings were on the market for 143 days. During the same period, the median list price in this real estate market was $496,500.
From Rocket Homes Real Estate and based on county public records data.