Skip main navigation
Pending
  • $2,399,999

    895 Ocean Drive Loop, Homer, AK 99603

    8beds
    4,150sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1984
    -- sqft lot
    $-- Zestimate®
    $578/sqft
    $-- HOA

    What's special

    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.
    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#: 25-15019MLS Logo

      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

        DateEventPrice
        4/24/2026Pending sale$2,399,999$578/sqft
        Source: AKMLS #25-15019 Report a problem
        12/22/2025Listed for sale$2,399,999$578/sqft
        Source: AKMLS #25-15019 Report a problem

        Public tax history

        YearProperty taxesTax 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

          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

          Getting around

          23 / 100
          Car-Dependent
          57 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          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.

          Browse local experts