This established and well-reviewed property blends refined comfort, authentic Alaskan character,This established and well-reviewed property blends refined comfort, authentic Alaskan character and immersive spa experiences, creating a year-round draw for travelers and locals alike. A Proven Business with Multiple Revenue Streams The Homer Inn & Spa has earned a strong reputation as a serene retreat for guests seeking relaxation, adventure, and rejuvenation. With loyal repeat clientele, excellent guest reviews, and diversified income sources, the business is well positioned for continued success and future growth. Revenue is generated through overnight accommodations, day-spa services, and private bookings, appealing to both destination travelers and the local market. Prime Homer Location Surrounded by dramatic landscapes, coastal beauty, and endless outdoor recreation, the property offers convenient access to hiking, fishing, wildlife viewing, and Homer's vibrant arts and dining scene. The area's year-round tourism ensures consistent demand across seasons. Boutique Accommodations Guest rooms and suites are thoughtfully designed with a warm, modern Alaskan aesthetic comfortable, inviting, and visually striking. Each space is curated to provide privacy, tranquility, and memorable views, making the inn especially appealing to independent travelers, couples, and wellness-focused guests seeking a unique lodging experience. World-Class Spa & Wellness Experience The full-service spa is a true centerpiece of the property, drawing both visitors and local residents. Amenities include: Hot tubs and cold plunge Finnish sauna Red light therapy Massage chairs Warm room with vitamin D light therapy Oxygen therapy and massaging recliners Paired with breathtaking views, the spa experience sets the Homer Inn & Spa apart as a destination in its own right. Events & Retreat Potential With its serene setting and flexible spaces, the property is well suited for intimate weddings, wellness retreats, corporate gatherings, and private events providing meaningful opportunities to expand revenue streams. Significant Upside & Expansion Opportunities There is clear potential for increased profitability through expanded marketing, enhanced online presence, partnerships with local tour operators, curated retreats, and special event programming. A new owner can build upon the existing foundation while bringing fresh vision to elevate the brand even further. The Homer Inn & Spa offers a rare combination of established income, boutique hospitality, and Alaska's unmatched natural beauty. This is an exceptional opportunity to own a landmark wellness retreat while shaping the next chapter of a truly special property.
Pending
$2,399,999
895 Ocean Drive Loop, Homer, AK 99603
8beds
4,150sqft
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$578/sqft
$-- HOA
What's special
- 187 days |
- 28 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Gina Pelaia,
Berkshire Hathaway HomeServices Alaska Realty,
Joleen H Brooks,
Berkshire Hathaway HomeServices Alaska Realty
Source: AKMLS,MLS#: 25-15019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Floor Furnace, Natural Gas
Features
- Has basement: No
Interior area
- Total structure area: 4,150
- Total interior livable area: 4,150 sqft
Property
Features
- On waterfront: Yes
- Waterfront features: Bay Access, Inlet Access, Ocean Access, Bay/Harbor, Inlet, Ocean Front
Lot
- Size: 0.58 Acres
Details
- Parcel number: 17717701
- Zoning: RR
- Zoning description: Rural Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Block
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Homer
Financial & listing details
- Price per square foot: $578/sqft
- Tax assessed value: $408,600
- Date on market: 12/22/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,996/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Pending sale | $2,399,999$578/sqft |
Source: | ||
| 12/22/2025 | Listed for sale | $2,399,999$578/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | -- | $408,600 +5.4% |
| 2014 | -- | $387,800 +6.5% |
| 2013 | -- | $364,000 +10.1% |
| 2011 | -- | $330,500 -3.1% |
| 2010 | -- | $341,100 -19.6% |
| 2009 | -- | $424,000 -2.3% |
| 2008 | -- | $434,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99603
Nearby schools
GreatSchools rating
- NAPaul Banks Elementary SchoolGrades: PK-2Distance: 1.3 mi
- 10/10Homer Middle SchoolGrades: 7-8Distance: 1.3 mi
- 8/10Homer High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Paul Banks/Homer
- Middle: Homer
- High: Homer
Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Alaska
- Kenai Peninsula Borough
- Homer
- 99603
- 895 Ocean Drive Loop




