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895 Ocean Drive Loop, 
Homer, AK 99603

$2,399,999


8

Beds


10

Baths


4,150

Sq Ft


Multi-Family

Active

Listed by

Gina Pelaia

Joleen H Brooks

Berkshire Hathaway HomeServices Alaska Realty

907-226-2226

Last updated:

December 29, 2025, 11:40 PM

MLS#

25-15019

Source:

AK AMLS

About This Home

895 Ocean Drive Loop

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.

Home Facts

Multi-Family

10 Baths

8 Bedrooms

Built in 1984

Price Summary

2,399,999

$578 per Sq. Ft.

MLS #:

25-15019

Last Updated:

December 29, 2025, 11:40 PM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

10

Full Bathrooms:

10

Interior

Living Area:

4,150 Sq. Ft.


Structure

Structure

Building Area:

4,150 Sq. Ft.

Year Built:

1984


Lot

Lot Size (Sq. Ft):

25,264


Finances & Disclosures

Finances

Price:

$2,399,999

Price per Sq. Ft:

$578 per Sq. Ft.

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The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms are marked with either the listing brokerage's logo or 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. Listing content scraping by unauthorized personnel is strictly prohibited. Copyright © 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved. Date Last Updated January 4, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.