FOR SALE
$299,900

42025 Lookout,
Homer AK 99603

Single Family
2 Story
3Bd 2.0Ba 1,140 Sq. Ft
17-6917
MLS ID
17-6917
Property ID
  Listing Office: Denise Pitzman - KACHEMAK GROUP REAL ESTATE
The ''Nest'' offers sweeping views of the Inlet, Bay and volcanoes and an eye-level encounter with eagles as they soar the bluff currents. With 3 bedrooms and 2 bathrooms, you have views from every window and a lovely cedar deck from which to watch the boats come and go. The 2 acres have plenty of room to build a garage/shop and enjoy the benefit of plenty of trees and vegetation along the bluff!

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Alaska Multiple Listing Service Inc

MLS #
Property ID
17-6917
Property Type
Single Family, 2 Story
Bedrooms
3
Municipality
County
Kenai Peninsula Borough
Bathrooms
2
Lot Size
2 Acres
Square Feet
1,140 (approx)
Year Built
1997
Stories
2
Construction
Wood Frame
Water
Well Private
Sewer
Septic
Builder
Beachy/Steiner
Water
Well Private
Sewer
Septic
School Information
Elementary
PAUL BANKS/HOMER
Middle
HOMER
High
HOMER
Room Information

Dining Area
Interior Features
Carbon Monoxide Detector, Dishwasher, Range-Oven
Carpet
Electric Heating, Oil
3
Hydro Tub, Smoke Alarm, Cathedral/vaulted Ceiling, Washer/dryer Hookup, Window Coverings
Exterior / Lot Features
No Covered Parking
Deck/Patio
Metal
Bay, Mountain, Ocean, View
Landscaped, Private Yard,Cliff/Bluff Site, Covenants/Restructions
Driving Directions
From the Sterling Highway turn west on Walter Thomas Rd. Turn left on Lookout and it is the last house on the right. No sign is posted.
  Denise Pitzman -  KACHEMAK GROUP REAL ESTATE - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
Listing Courtesy of: Denise Pitzman - KACHEMAK GROUP REAL ESTATE
Price History
Listing Price History for 42025 Lookout
Price History
Date
Event
Price
Source
05/08/2017
Active
$299,900
MLS
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
2016
$162,100
2015
$1,806
$167,200
2014
$1,737
$160,800
2013
$1,603
$153,400
Source: Public Records
Average High Rent $1,950/mo.
Average Median Rent $1,474/mo.
Average Low Rent $1,200/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
-220.45 -2645.35
Est. Cap Rate
  3.70
Est. Cash on Cash Return
  -4.41
Est. Gross Yield
  5.38
NEARBY SCHOOLS
School Rating Out of 10
Grades
Distance
Public Schools
9 West Homer Elementary School
3-6
4.13 mi
9 Homer Middle School
7-8
4.57 mi
Data Provided by GreatSchools.org
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Walk Score
People
Zip
City
County
National
Population
9,894
5,515
58,059
321,418,820
Population Density
9
378
4
89
People per Household
2.5
2.4
2.5
2.6
Median Age
39.1
39.8
40.5
37.4
Median Household Income
$56,320
$54,778
$63,099
$53,482
Average Income
$30,175
$31,237
$31,611
$28,555
Economy
Zip
City
County
National
Unemployment
7.70%
7.70%
7.70%
5.20%
Recent Job Growth
0.00%
0.00%
0.00%
1.60%
Future Job Growth
28.70%
28.70%
28.70%
38.00%
Sales Tax
3.00%
7.50%
3.00%
6.00%
Income Tax
0.00%
0.00%
0.00%
4.60%
Cost of Living Index
115.2
114
108.8
100
Environment
Zip
City
County
National
Altitude
149
106
1958
1443
Rainfall (inches annually)
37.3
37.3
42.2
39.2
Snowfall (inches annually)
93.4
93.4
89.9
25.8
January Avg. Low Temp
20.2
20.2
11.9
22.6
July Avg. High Temp
65.5
65.5
64.5
86.1
Days of Precipitation Annually
143
143
126
102
Days Mostly Sunny Annually
140
135
135
205
Comfort Index (during hot weather)
47
47
44
54
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262

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Courtesy: KACHEMAK GROUP REAL ESTATE
Patrick G. "Gabe" Stephan, AK License #7676, Xome Inc., Entity #10010943, patrick.stephen@Xome.com, 844-400-9663 3801 Centerpoint Drive, Suite 200, Anchorage, AK 99503


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