Better Homes and Gardens Real Estate Dream Makers

$1,675,000

Expired

3668 Ben Walters Lane, Homer, AK 99603, Homer, AK 99603

17.22 acres|MLS# 24-5541|784 days on market

Listed by Homer Real Estate

Description

Paved access right off the Homer Bypass takes you to this truly unique large lakefront property, with all public utilities, in the core of Homer Central Business District, Ripe for hospitality, condo, office or retail development, almost 700 feet of direct Beluga Lake frontage, 8 acres PLUS 9 acres of ACTUAL LAKE to give you floatplane access. Sellers will subdiviide if there is adequate interest

Land Details

Access
Not specified
Utilities
Nat Gas - On Site, Pub Wtr - On Site, Electric on property
Water
Not specified
Sewer
Not specified
Terrain / Features
Level, Wetlands
Zoning
CBD - Central Business District -
Subdivision
None
View
Glacier, Lake, Mountains, Unobstructed
MLS #
24-5541
Annual Taxes
N/A
Lot Size
17.22 acres

Listing Documents

Documents shown when provided by listing agent.

  • 12.23 survey of wetlands

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  • Aerial

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  • Appraisal from 2022

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  • Central Business District Zoning

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  • Excerpts from the Wetlands Delineation

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  • Prior soils report for a hotel

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  • Specified area of wetlands

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  • Subdivison option for 5 lots

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Property History

History based on public listing records. All prices shown are list prices. Alaska is a non-disclosure state; actual sale prices are not public record.

  • Previously listed in 2025 at $1,695,000 View listing
  • Previously listed in 2021 at $1,775,000 View listing
  • Previously listed in 2019 at $1,575,000 View listing
  • Previously listed in 2013 at $1,326,000 View listing
  • On market since May 17, 2024
DateEventList PriceΔ vs prior$/acre
Apr 24, 2025UnknownCurrent
Apr 24, 2025Unknown
Apr 23, 2025Previous listing$1,695,000$98.4K/ac
Jan 1, 2025Unknown
May 18, 2024Unknown
May 17, 2024Unknown
May 17, 2024Unknown
Dec 16, 2023Unknown
May 11, 2021Unknown
Feb 19, 2021Unknown
Feb 19, 2021Unknown
Feb 19, 2021Previous listing$1,775,000$103.1K/ac
Oct 31, 2020Unknown
Aug 8, 2019Unknown
Aug 8, 2019Unknown
Aug 7, 2019Previous listing$1,575,000$91.5K/ac
Apr 1, 2017Unknown
Oct 3, 2016Unknown
Apr 22, 2014Unknown
Apr 22, 2014Unknown
Jun 7, 2013Unknown
Jun 7, 2013Unknown
Jun 3, 2013Previous listing$1,326,000$77K/ac
NowCurrent list$1,675,000$97.3K/ac

Location

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Not MLS Data

Soil & Buildability

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Soil Buildability
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Drainage
Hydric
Septic perc
Building site
How to read these ratings (and where the data comes from)

What you're looking at

The USDA Natural Resources Conservation Service (NRCS) maintains the Soil Survey Geographic Database (SSURGO), which divides the landscape into polygons of similar soils mapped from aerial photos and field samples. Every polygon carries published ratings for drainage, hydric (wetland) status, septic absorption, and dwelling suitability. We query SSURGO at this listing's centroid coordinates and surface the dominant soil component's ratings for that polygon.

What “Very limited” actually means

NRCS's septic absorption rating is a roll-up that considers slope, permeability, depth to a restrictive layer (bedrock, fragipan, permafrost), filter-strip thickness above the water table, and frost action. A parcel with well-drained, non-hydric topsoil can still earn “Very limited” because of slope >15%, a slow subsoil, or a shallow restrictive layer. The rating reflects survey-scale character — it is not a pass/fail prediction for any specific lot.

Who actually decides whether you can build a septic

In Alaska, on-site wastewater approval is made by Alaska DEC's On-site Wastewater Treatment Systems program (or the local borough's authority where one exists), based on a site-specific perc test and soils log performed at your intended drainfield location. Plenty of parcels rated “Very limited” in SSURGO still get approved with a backhoe-pit log and a conventional or mound system; SSURGO is the starting point, not the verdict.

Why scale matters

Alaska's soil surveys are mapped at 1:24,000 in populated areas and 1:63,360 (or coarser) elsewhere. At those scales, the smallest reliably delineated unit covers several acres — meaning a 1-acre to 5-acre parcel is rated by whichever component dominates the larger surrounding polygon, not by what's actually under your specific building site.

Reference data only — dig test holes before you buy. Soil information is sourced from the USDA Natural Resources Conservation Service Soil Survey Geographic Database (SSURGO), mapped at scales between 1:12,000 and 1:63,000 and sometimes decades old. Conditions on any specific parcel can vary substantially from what is mapped, and in Alaska it is common to find deep organics, hardpan, or a high water table that the survey doesn't capture. Before buying, dig test holes at your intended building and septic locations and have a soils engineer review what comes out of the ground. AlaskaLand makes no representation as to the accuracy or completeness of this data and provides it for general reference only.

Listing provided by Homer Real Estate

Alaska MLS

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. (AKMLS). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Dream Makers are marked with either the listing brokerage's logo or the AKMLS logo and information about them includes the name of the listing brokerage.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information is deemed reliable but is not guaranteed and should be independently verified for accuracy.

Copyright 2026 Alaska Multiple Listing Service, Inc. Rights reserved.

Data last updated: Jul 10, 2026, 12:40 AM

Better Homes and Gardens Real Estate Dream Makers

1051 E Horvath Dr, Suite 103, Wasilla, AK 99654 · (907) 312-1056

Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation.

Contact Agent

Matthew Ficek

Matthew Ficek

BHG Dream Makers