1393 Bay Avenue, Homer, Alaska

$749,500 REDUCED 6%
  • $749,500
  • 10
  • 10½
  • 3,264
  • 1.18
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BIG PRICE REDUCTION and one of the best waterfront locations in HOMER! This spectacular WATERFRONT home is currently one of Homer's most established bed and breakfast inns yet it can easily become your family home. In town, totally updated, well appointed and thoughtfully designed plus it includes a fully self contained 2 bedroom apt and a studio unit in the second building. Don't miss out on thisYou could not ask for a better setting-in town, close to the airport, summer Farmers' Market, and walking distance to restaurants, shopping, breweries, etc. The waterfront setting is unparalleled, with a small estuary that protects the well vegetated bluff and the Sellers have created a private trail to the estuary and beach. Sandhill cranes love this as a nesting area and you can watch Kachemak Bay wildlife and activities all day long... This property could so easily and reasonably be remodeled into a comfortable single family home by transforming the four contiguous, waterfront guest rooms upstairs into a huge master suite. There would still be a large guest bedroom, with private bath upstairs, a third large bedroom/private bath on the main level. Plus you could then create studio, office, library etc., in the two smaller guest rooms off the great room on the main level. The Main house was completely rebuilt after a fire in 2011, so all of the electrical and plumbing, plus finishes are all up to date. There is ample room for you and guests with large comfortable spaces-Main house SF 3264, apt 880 SF and small studio 352 SF.

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Essential Information

  • MLS® # 19-4843
  • Price $749,500
  • Bedrooms 10
  • Bathrooms 10.50
  • Square Footage 3,264
  • Acres 1.18
  • Year Built 1991
  • Type Residential
  • Sub-Type Single Family Res, B & B in Operation
  • Style Two-Story Tradtnl
  • Status Active
  • # of Garages 2
  • Annual Tax Amount $6,991
  • Tax Year 2016

Community Information

  • Address 1393 Bay Avenue
  • Area 490 - Homer
  • Subdivision Bay View L156
  • City Homer
  • State Alaska
  • Zip Code 99603


  • Features Cable TV, Covenant/Restriction, Deck/Patio, DSL/Cable Available, Fire Service Area, Garage Door Opener, In City Limits, Landscaping, Lot-Bluff, Mother-in-Law Apt, Private Yard, Road Service Area, RV Parking, Shed, View, Waterfront, Waterfront Access
  • Garages Detached
  • View Bay, Glacier, Mountains, Spit, Unobstructed, Wetlands
  • Is Waterfront Yes
  • Waterfront Bay


  • Interior Features Air Exchanger, Basement, BR/BA on Main Level, Carpet, Ceiling Fan(s), Central Vac, CO Detector(s), Den &/Or Office, Dishwasher, Disposal, Double Ovens, Electric, Freezer-Stand Alone, Hardwood Flooring, Range/Oven, Refrigerator, Smoke Detector(s), Telephone, Vaulted Ceiling, Washer &/Or Dryer, Washr&/Or Dryer Hkup, Wet Bar, Window Coverings, Wood Stove
  • Heating Baseboard, In-Floor Heat, Radiant
  • Has Basement Yes


  • Exterior Wood
  • Roof Metal
  • Construction Wood Frame - 2x6
  • Foundation Concrete Block, Quad-Lock

School Information

Additional Information

  • Date Listed April 4th, 2019
  • Days on Market 145
  • Zoning RR - Rural Residential
  • HOA Fees 0.00

Listing Details

  • Listing Office: Homer Real Estate


  • $/SqFt $230

Price & Status History

Date Details
Price Reduced from $795,000 to $749,500

Neighborhood Information

Moderate Residential Turnover, Coastal Area

  • Icon of money $599,000

    Median Price

  • Icon of a grid layout $186

    Median Price/Sqft

  • Icon of a bar graph 97.31%

    Sale/List Ratio

  • Icon of a house 113

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 25.45″

    Annual Precipitation

  • Icon of a sun 29.30°F /61.00°F

    Avg. Highs -

  • Icon of a cloud and moon 17.50°F /47.20°F

    Avg. Lows -

  • Icon of a group of people 10,422

    PopulationBased on Nearest ZIP Code

  • Icon of a person 39

    Median Age

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Listing information last updated on August 25th, 2019 at 12:49pm AKDT.