1393 Bay Avenue, Homer, AK 99603

$1,125,000
Property Type: Commercial Sale Square Footage: 3,264 Lot Size (sq. ft.): 51,401 Status: Active
Current Price: $1,125,000 Last Modified: 5/20/2026

Description

Spectacular WATERFRONT location for one of Homer's most established inns. This property is turnkey, including furnishings, bookings, and website. Updated, well appointed and thoughtfully designed plus it includes two fully self contained 1 bedroom apts in the second building. Walking distance to the airport, shopping, summer Farmers Market, local breweries and so much more

Supplements: If you have considered hosting guests from around the world, you need to see this amazing property. It 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. The Inn has an excellent reputation and there are a number of repeat guests. Check out the website at https://bayavenueinn.com 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 for kitchen, dining and living room. Everyone raves about the spectacular waterfront views all the way along the Spit and to the glaciers across the Bay. The Inn now serves a continental breakfast so guests can come and go at their leisure. Also on the main floor is a common area 1/2 bath, and three guest rooms. The Seller currently uses one guest room as her office and the rear guest room as her living space during "the season." Upstairs in the main house is a spacious gathering area for guests as well as five more guest accommodations. All guest rooms are ensuite. 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 great for longer stays and are fully furnished as well. The gardens are in full bloom all summer and there is no better relaxation spot than sitting on the deck at the main house. Come benefit from years of operation, fully furnished units, a well vetted reservation system, an Inn with one of the best in town locations for visitors and simply, a great property.

More Information MLS# 25-8581

Contract Info

Price-List: 1125000 Date-Listing: 2025-06-23 Status: Active EM Minimum Deposit: 10000 Foreclosure/Bank Own: No

Location Tax and Legal

Area: 490 - Homer Street #: 1393 Street Name: Bay Arterial: Avenue Closest USPS Town: Homer State: AK Zip Code: 99603

Property Info

Type of Property: Single Use Building Type: Class A Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Owner Occupied Acres: 1.18 SF-Lot: 51400.8 Lot Area Source: Tax Authority SF-Res: 3264 Floors: 2 Zoning: RR - Rural Residential

Directions and Remarks

Directions: Ocean Dr heading towards the Homer Spit. Turn rt on Douglas, left on Bay Ave. Look for Bay Ave B&B Inn sign on right side of road.

Property Features

Primary Space: Hospitality Heating: Baseboard; Oil; Radiant; Wood; Other Exterior Finish: Wood Construction Type: Wood Frame - 2x6 Foundation: Quad-Lock Roof Type: Metal Flooring: Carpet; Tile Walls: Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: DSL/Cable Available; In City Limits; Living Quarters; Master Meter - Elec; Stand Alone Unit; Wtrfnt-Actual Frntg Access: Dedicated Road; Government; Paved View Type: Bay; City Lights; Glacier; Mountains; Spit; Unobstructed; Wetlands Listing Terms Financing: Cash; Conventional Documents: As-Built; Docs Posted on MLS
Listing Office: Homer Real Estate
Last Updated: May - 20 - 2026
1393 Bay Avenue, Homer, AK 99603- MLS# 25-8581
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.