Home is just a step round the corner (5)
I believe the answer is:
place
'home' is the definition.
(I know that home can be written as place)
'step round the corner' is the wordplay.
'step' becomes 'pace' (synonyms).
'round' is an insertion indicator.
'the corner' becomes 'l' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'pace' enclosing 'l' is 'PLACE'.
'is just a' is the link.
This may not be right. Some or all of it may be part of another bit of the clue.
Can you help me to learn more?
(Other definitions for place that I've seen before include "Venue" , "Identify -- station" , "Locus" , "Endearingly pretty" , "Locality" .)