895 Ocean Drive Loop, Homer, AK 99603 (MLS# 25-15019)
$2,399,999
Homer, AK 99603
MLS# 25-15019
8 beds | 10 baths | 4150 sqft

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Contract Info
Price-List: 2399999
Date-Listing: 2025-12-22
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 490 - Homer
Street #: 895
Street Name: Ocean Drive
Arterial: Loop
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 8
Bathrooms Full: 10
Bathrooms Total: 10
Bldgs-Ttl #: 4
Year Built: 1984
SF-Res: 4150
Number of Units: 4
SF-Lot: 25264.8
Acres: 0.58
Prkg Spcs: 8
Lot Area Source: Tax Authority
Zoning: RR - Rural Residential
Directions and Remarks
Directions: Take Bypass to Lake Street on the way to the spit, turn on Ocean Drive Loop and follow down. The property is on the left.
Property Features
Multi-Family Type: Other - See Remarks
Foundation Type: Block
Heating: Floor Furnace; Natural Gas
Sewer-Type: Public Sewer
Water Source: Public
Wtrfrnt-Frontage: Bay/Harbor; Inlet; Oceanfront
Wtrfrnt-Access Near: Bay; Inlet; Ocean
Supplements
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 aestheticcomfortable, 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 eventsproviding 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.
Listing Office: Berkshire Hathaway HomeServices Alaska Realty
Last Updated: December - 29 - 2025

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 the site owner are marked with 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. Site contains live data.
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