$9,488 Closing Credit¹
#24-13095, Listing Office: Kachemak Keller Williams Realty Alaska Group
$7,944
closing credit¹
40997 Ruth Way Homer, AK 99603
$669,000 List price
$7,944
Closing credit¹
4 beds
2 baths
1.2 acres
House
Property details
About 40997 Ruth Way
This home is truly a MUST-SEE. East Coast meets allure, charm and tranquility in this 4 bedroom 2 bath home. Featuring a multitude of outbuildings, a 1,080 sq ft shop, greenhouse, chicken coop, lighthouse with a comfortable sitting area, sauna, guest house/office or studio, expansive back deck, and wrap-around covered front porch. Step inside the front door, and you are greeted with warmth and character. From the original oak hardwood floors to the impressive open staircase, a living room meant for entertaining, a dining room surrounded by windows illuminating in natural light that opens to the farmhouse kitchen and large pantry area. Off the master bedroom is an attached ideal sitting or yoga room with large open windows and whitewashed walls. Enjoy evenings in the lighthouse for incredible sunsets and a birdseye view of Cook Inlet and volcanoes. Summer afternoons are meant for hours lounging on the large back deck and relaxing in the evenings on the front covered porch. This home is truly one-of-a-kind!
Highlights
Home typeResidential
HeatingOil
StatusActive
Lot size1.22 Acres
Year built1986
MLS #24-10240
Garage3 spaces
ViewMountain(s)
Summary
- MLS Number: 24-10240
- 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: 2/14/2025, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$669,000
40997 Ruth Way
$7,944
closing credit¹
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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 | $494,900 | $1,567 |
| 2023 | $461,500 | $1,280 |
| 2022 | $380,200 | $356 |
| 2021 | $350,000 | $3,432 |
| 2020 | $360,900 | $3,401 |
| 2019 | $338,400 | $3,358 |
| 2018 | $355,300 | $3,358 |
| 2017 | $379,700 | $3,560 |
History based on county public records data.
Nearby schools
7
Fireweed Academy
Public Charter KG-6
4.4 mi
•995 Soundview Ave
6
West Homer Elementary School
Public District 3-6
4.4 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. Most Homer, AK residents have annual incomes between $100k-200k. 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
About 40997 Ruth Way
This home is located at 40997 Ruth Way in Homer, AK and zip code 99603. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $669,000.
The number of homes for sale in Homer, AK decreased by 11.7% between December and January 2025. Listings spent 210 days on the market in January 2025, and had a median list price of $498,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.