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Single Family ResidenceResidential
$593,990$221 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $312,248 on Jun 7, 2021

40465 FOREST DR

HOMER, AK 99603
3
Baths
2,688 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
2.82 ac
Lot SizeThe size of the land the home sits on, from county records.
1996
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$594K
$549K low$639K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$312,248 · Jun 7, 2021

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,032 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$449,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$87,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$362,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$422,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$449,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyKENAI PENINSULA
Lot (acres)The size of the land the home sits on, from county records.2.82
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck · 100 ft²Porch · 472 ft²

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Homer Middle SchoolA
Middle · Grades 7–8 · 5.0 mi
H
Homer High SchoolA-
High · Grades 9–12 · 5.5 mi
E
Paul Banks Elementary School
Elementary · Grades PK–2 · 6.2 mi

District: Kenai Peninsula Borough School District

Neighborhood · ZIP 99603These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.68
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.0

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.15%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.9,896
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.8 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,350
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$93,043
Average tempThe average temperature here across a full year.36°F
Annual precipHow much rain and melted snow falls here in a typical year.27 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.42%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40465 Forest Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 84% of homes in Kenai Peninsula Borough County
  • Costs less per square foot than 85% of homes in Homer 99603
  • Bigger than 89% of homes in Kenai Peninsula Borough County
  • Has a bigger lot than 76% of homes in Kenai Peninsula Borough County

What homes are worth in Homer 99603

Each bar is how many homes fall in that price range. The marker is this home.

This home
$167K$1.2M

This home is worth more than 69% of homes in Homer 99603.

How it measures up in Homer 99603

The dot is this home. The mark in the middle is the typical home in Homer 99603.

Estimated value$593,990
CheaperTypical $483,556Pricier

Pricier than 69% of homes nearby

Price per ft²$221
CheaperTypical $315Pricier

Pricier than 15% of homes nearby

Living area2,688 ft²
SmallerTypical 1,452 ft²Bigger

Bigger than 87% of homes nearby

Lot size2.82 ac
SmallerTypical 1.56 acBigger

Bigger than 71% of homes nearby

Year built1996
OlderTypical 1995Newer

Newer than 53% of homes nearby

How 40465 Forest Dr ranks against every home in each area.
MeasureThis homeHomer 99603Kenai Peninsula Borough County
Estimated valuepricier than$593,99069% of homes84% of homes
Price per ft²pricier than$22115% of homes29% of homes
Living areabigger than2,688 ft²87% of homes89% of homes
Lot sizebigger than2.82 ac71% of homes76% of homes
Year builtnewer than199653% of homes56% of homes

About 40465 Forest Dr

How much is 40465 Forest Dr, Homer, AK worth?

The TopHap Estimate for 40465 Forest Dr, Homer, AK is $593,990 as of Sep 24, 2026. The likely range is $548,933 to $639,047. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40465 Forest Dr, Homer, AK last sell?

40465 Forest Dr, Homer, AK last sold on Jun 7, 2021 for $312,248, according to the county's recorded deed.

How big is 40465 Forest Dr, Homer, AK?

40465 Forest Dr, Homer, AK has 3 bathrooms, 2,688 square feet of living space and a 2.82-acre lot.

When was 40465 Forest Dr, Homer, AK built?

40465 Forest Dr, Homer, AK was built in 1996, making it 30 years old. The building has 2 stories.

What schools serve 40465 Forest Dr, Homer, AK?

40465 Forest Dr, Homer, AK is assigned to Homer Middle School (middle), rated A; Homer High School (high), rated A-; Paul Banks Elementary School (elementary). All sit in Kenai Peninsula Borough School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40465 Forest Dr, Homer, AK compare to other homes in Homer 99603?

Among the 6,068 homes in Homer 99603, it is worth more than 69% of them ($593,990 against a typical $483,556), its price per square foot is higher than 15% of them ($221 against a typical $315), it is bigger than 87% of them (2,688 ft² against a typical 1,452 ft²), its lot is bigger than 71% of them (2.82 ac against a typical 1.56 ac) and it is newer than 53% of them (1996 against a typical 1995). Measured against all of Kenai Peninsula Borough County, it is worth more than 84% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40465 Forest Dr, Homer, AK?

The 2024 property tax bill for 40465 Forest Dr, Homer, AK was $4,032. The county assessed it at $449,400.

More homes on Forest Dr

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Assigned schools

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