This spectacular WATERFRONT home is currently one of Homer's most established bed and breakfast inns yet it can easily adapt as your family home. In town, totally updated, well appointed and thoughtfully designed plus it includes two fully self contained 1 bedroom apts in the second building. The waterfront setting is unparalleled, with a small estuary that protects the well vegetated bluffThe home was originally built as a Bed and Breakfast in 1991, and when there was a devastating fire in 2011, the Sellers rebuilt the exact same floor plan, since it was so successful and a money maker. It is an easy conversion though into a beautiful waterfront residence. Nestled in an estuary, the waterfront location has the best of both worlds with a protected bluff and total privacy. Although you need to be ready to share some of that privacy with visiting moose, sandhill cranes and eagles. The main level of the house features a welcoming open floor plan with kitchen, dining and living room. Each area focuses on the spectacular waterfront views all the way along the Spit to the glaciers across the Bay. Also on the main floor is a common area 1/2 bath, and three guest rooms. These would be ideal as office and guest area for your friends and family visiting. Upstairs in the main house is a spacious gathering area as well as five more guest accommodations. All guest rooms are ensuite. It would be an easy renovation to combine a few of the current guest rooms into a large master suite. Across from the main house is a 2 story building with a single car garage on the ground level and a one bedroom apartment. Upstairs is a second one bedroom apartment that currently houses a long term tenant. The apartments are fully furnished as well. The main house completely rebuilt after fire in 2011. The main house is 3264 square feet, and the two apartments combined are 1232 square feet. The gardens are in full bloom all summer and there is no better relaxation spot than sitting on the deck at the main house. This will be an idyllic waterfront homesite for you to enjoy for years to come.