Alaska Real Estate Network
Michele Holley
907-312-1441907-312-1441

Alaska Real Estate Network
Buy and Sell with Michele Holley

40015 Waterman Road, Homer, AK 99603 (MLS # 19-12638)

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PRICE $835,000
BEDS 5
BATHS 4.00 baths
HOME SIZE 2,074 sq ft
LOT SIZE 5.00 ac

Welcome to Magic Canyon Ranch! This 5BR/4BA home with a 6-stall horse barn and cabin/studio is nestled into an exquisitely private and truly extraordinary canyon landscape. The surrounding area is one of the last undisturbed wildlife corridors stretching from the Homer bench to the Skyline ridge. Enjoy relaxing on your deck, listening to birdsong, and reveling in your wilderness haven! Magic Canyon Ranch is an exceptionally secluded property located only minutes from Homer, Alaska in an enchanted canyon bursting with birdsong and wildflowers and overlooking beautiful Kachemak Bay and the glacier-filled Kenai Mountains. A long, narrow drive under enfolding alders along Waterman Creek delivers you to the private canyon, which opens to an absolutely breathtaking view in a classic Alaskan wilderness setting. Magic Canyon adjoins the upland 700-acre Inspiration Ridge Preserve, to be managed in perpetuity for conservation by the Center for Alaskan Coastal Studies. The canyon complex is an important wildlife corridor for black bears and moose who move seasonally between the lowlands and uplands. The canyon has three creeks, the largest riparian cottonwood grove in Homer, and a million-dollar view of Grewingk Glacier across the bay. The property connects to a canyon rim trail established in the 1950s by homesteaders originally for commercial berry picking, most notably rose hips. The canyon is almost entirely deciduous - alders, birches, wild roses, fireweed, and cottonwoods, with a sprinkling of spruce. The property is part of the original Waterman Homestead where John Waterman ran his herd of cattle and grew a locally renowned vegetable garden. Magic Canyon Ranch was for a time a top-tier Bed & Breakfast, so it comes with its own website and domain name, should the need arise again. The five-bedroom country style house is a charmer. The property also includes: six-stall horse barn with hay loft small llama barn (makes a nice shed) dry cabin perfect for yoga practice, artist studio, or kids playhouse (built from the wood of a single beetle-killed Lutz Spruce from Anchor Point) old guest house in need of love (but has a new roof) Although the historic place name is Waterman Canyon, it is now known as Magic Canyon by those who have lived in and love this magical place.

DAYS ON MARKET 137 LAST UPDATED 10/15/2019
YEAR BUILT 1979 COMMUNITY 492 - Kachemak City/Fritz Creek
STATUS Active PROPERTY TYPE(S) Residential, Residential / Single Family

SCHOOLS
Elementary School Paul Banks/Homer
Middle School Homer
High School Homer


ADDITIONAL DETAILS
ACCESS TYPE Gravel, Maintained, Private
ARTERIAL Road
BOROUGH/CENSUS AREA 1B - Kenai Peninsula Borough
CONSTRUCTION STATUS Existing Structure
CONSTRUCTION TYPE Wood Frame - 2x6
DINING ROOM TYPE Area, Breakfast Nook/Bar
EXTERIOR FINISH Wood
FEATURES-ADDITIONAL Barn/Shop, Deck/Patio, Fenced Yard, Horse Property, Landscaping, Private Yard, Road Service Area, RV Parking, Satellite Dish, Shed, Storage Space/Unit, View
FEATURES-INTERIOR Arctic Entry, BR/BA on Main Level, CO Detector(s), Den &/Or Office, Dishwasher, Electric, Fireplace, Laminate Counters, Range/Oven, Refrigerator, Smoke Detector(s), Telephone, Tile Counters, Washer &/Or Dryer, Washr&/Or Dryer Hkup, Window Coverings, Wood Stove
FLOOR STYLE Two-Story Tradtnl
FOUNDATION TYPE All Weather Wood, Block
FUEL TYPE Electric, Oil, Wood
GARAGE TYPE Other-See Remarks
GRID # (MUNI ANCH) N/A
HEAT TYPE Baseboard, Kerosene/Oil Heater, Stove
RESIDENTIAL TYPE B & B Potential, Single Family Res
ROOF TYPE Asphalt
SEWER TYPE Septic Tank
TOPOGRAPHY Gently Rolling, Hilly, Level, Sloping, Steep, Wetlands
VIEW TYPE Bay, Glacier, Mountains, Ocean, Unobstructed
WATER-TYPE Cistern, Spring
WTRFRNT-ACCESS NEAR None
WTRFRNT-FRONTAGE None
ZONING UNZ - Not Zoned
Listing Office: Kachemak Group Real Estate
Alaska MLS

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 Alaska Real Estate Network 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.

Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved


ZESTIMATE
$836716  40015 Waterman Road, Homer, AK

RENT ZESTIMATE
$3374 / mo.  40015 Waterman Road, Homer, AK

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