895 Ocean Drive Loop Homer, AK 99603
Homer AreaEstimated payment $14,004/month
About This Home
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 Agent
Berkshire Hathaway HomeServices Alaska Realty License #16355 Listed on: 12/22/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1984
Lot Details
- 25,265 Sq Ft Lot
- Ocean Front
- Property Fronts a Bay or Harbor
Home Design
- 4,150 Sq Ft Home
- Block Foundation
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Full Bathrooms
Parking
- 8 Parking Spaces
- 8 Open Parking Spaces
Schools
- Paul Banks/Homer Elementary School
- Homer Middle School
- Homer High School
Community Details
- 4 Buildings
- 4 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,758 | $902,700 | $172,900 | $729,800 |
| 2024 | $9,797 | $870,100 | $163,900 | $706,200 |
| 2023 | $7,704 | $682,500 | $144,900 | $537,600 |
| 2022 | $7,378 | $639,300 | $121,400 | $517,900 |
| 2021 | $10,714 | $595,300 | $118,000 | $477,300 |
| 2020 | $11,918 | $586,600 | $117,000 | $469,600 |
| 2019 | $5,888 | $578,500 | $117,000 | $461,500 |
| 2018 | $10,714 | $529,000 | $113,000 | $416,000 |
| 2017 | $11,350 | $563,400 | $115,200 | $448,200 |
| 2016 | $7,693 | $391,400 | $61,400 | $330,000 |
| 2015 | $3,509 | $408,600 | $61,400 | $347,200 |
| 2014 | $3,509 | $387,800 | $61,400 | $326,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 12/22/2025 12/22/25 | For Sale | $2,399,999 | -- | $578 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Accommodation/Courtesy Recordi | |
| Warranty Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,350,000 | New Conventional | |
| Closed | $500,000 | Seller Take Back | |
| Closed | $1,453,000 | New Conventional | |
| Previous Owner | $250,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $97,000 | Purchase Money Mortgage | |
| Previous Owner | $262,000 | New Conventional | |
| Previous Owner | $270,500 | Unknown | |
| Previous Owner | $48,000 | Unknown | |
| Previous Owner | $35,000 | Unknown |
Source: Alaska Multiple Listing Service
MLS Number: 25-15019
APN: 177-177-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 Ten-X 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. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.
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