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895 Ocean Drive Loop, Homer, AK 99603

$2,399,999
•
  • 8

    bed

  • 10

    bath

  • 4,150

    Sqft ($578/Sqft)

Multi-family pending

About 895 Ocean Drive Loop

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.58 Acre
Movoto estimate
Property description
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.
Listed by
Listing Agent - Gina Pelaia
Listing Office - Berkshire Hathaway HomeServices Alaska Realty
Source: Alaska MLS mls logo
MLS#25-15019 • last updated 5 months ago
Movoto checked Alaska MLS for data 40 minutes ago
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Overview
Status Pending
SqFt 4150
MLS # 25-15019
Type Multi-Family
Lot Size (Acres) 0.58
Lot Size (SqFt) 25264.8
Year Built 1984
Interior
Total # of Bathrooms 10
# Full Baths 10
# Bedrooms 8
Exterior
Foundation Block
# Open Parking Spaces 8
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
Area 1B - Kenai Peninsula Borough
Elementary School Paul Banks/Homer
High School Homer
Middle School Homer
Zoning RR - Rural Residential
APN 17717701
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.
Multifamily Details
Total # Of Buildings 4
Total # Of Units 4
Lot/ Land Details
Frontage Bay/Harbor, Inlet, Oceanfront
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8/10
8/10
Source: GreatSchools.org © 2026. All rights reserved.

Around 1b - Kenai Peninsula Borough

Explore everything this neighborhood has to offer.
20/100
Walk
68/100
Family
20/100
Dining
63/100
Pet
  • Real Estate
  • AK
  • Kenai Peninsula County
  • Homer
  • 99603
  • 895 Ocean Drive Loop

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