$4,550,000
135 W Bunnell Avenue
Homer, AK 99603
MLS# 26-9737
9786 sqft


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Property Description
The Driftwood Inn is Homer's original beachfront lodging property, offering a rare investment on 1.15 acres along Kachemak Bay. Featuring a historic inn, Carriage House, tiny house rentals, and a 19-site full-hookup RV park, this diversified hospitality property combines multiple income streams, a private beachfront setting, and exceptional future potential.

Details
Maps
Contract Info
Concessions YN: No
EM Minimum Deposit: 50000
Foreclosure/Bank Own: No
Price-List: 4550000
Date-Listing: 2026-08-03
Status: Active
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 1.15
SF-Lot: 50094
Lot Area Source: Tax Authority
Zoning: CBD - Central Business District
Type of Property: Mixed Use
SF-Res: 9786
Year Built: 1946
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Long Legal: Three Parcels Included
Directions and Remarks
Directions: In the Center of Old Town Homer Alaska, you can come down Main Street, take a right on Bunnell Ave and you will see RV Park and Inn on your left. (Across from AJ's Old Town Steakhouse Also For Sale)
Listing Terms Financing
Cash: 1
Conventional: 1
Primary Space
Hospitality: 1
Exterior Finish
Vinyl: 1
Heating
Natural Gas: 1
Roof Type
Metal: 1
Construction Type
Wood Frame: 1
View Type
Bay: 1
Mountains: 1
Unobstructed: 1
Foundation
Quad-Lock: 1
Unknown - BTV: 1
Flooring
Carpet: 1
Vinyl: 1
Walls
Sheetrock: 1
Wood: 1
Access
Maintained: 1
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Features-Commercial
Corner Lot: 1
In City Limits: 1
Living Quarters: 1
On-Site Parking: 1
Wtrfnt-Access Nearby: 1
Documents
Docs Posted on MLS: 1
Location Tax and Legal
Area: 490 - Homer
Street #: 135
Directional: W
Street Name: Bunnell
Arterial: Avenue
Closest USPS Town: Homer
State: AK
Zip Code: 99603
Property Features
Primary Space: Hospitality
Heating: Natural Gas
Exterior Finish: Vinyl
Construction Type: Wood Frame
Foundation: Quad-Lock; Unknown - BTV
Roof Type: Metal
Flooring: Carpet; Vinyl
Walls: Sheetrock; Wood
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Corner Lot; In City Limits; Living Quarters; On-Site Parking; Wtrfnt-Access Nearby
Access: Maintained; Paved
View Type: Bay; Mountains; Unobstructed
Listing Terms Financing: Cash; Conventional
Documents: Docs Posted on MLS
Supplements
Driftwood Inn - Property Supplement The Driftwood Inn is Homer's original old town lodging property, situated on 1.15 acres overlooking Kachemak Bay. The property consists of three parcels and includes a historic inn, Carriage House, two custom tiny houses, and a full-hookup RV park, creating a diverse lodging destination in the heart of Homer. Accommodations The property includes 32 lodging units comprised of: * 23-room Historic Inn *Lookout Lodge: 5 br. 4.5 ba. with Loft and Library and 3rd story balcony overlooking the Beach and the Bay. * 4-room Carriage House * 2 custom-built Tiny Houses * 19 full-hookup RV sites The Historic Inn offers a variety of accommodations including suites, family rooms, bunk rooms, standard guest rooms, and units with kitchenettes to accommodate couples, families, groups, and independent travelers. Historic Inn The main inn is a two-story wood-frame building featuring a full-length covered front porch and expansive bay-facing deck overlooking Kachemak Bay. Guest amenities include: * Front desk and breakfast nook * Cozy living room with fireplace * Library corner * Outdoor guest grill * Multiple seating areas * Backyard with playground *Beach Access only steps away The porch and elevated deck provide panoramic views of Kachemak Bay and the surrounding mountain ranges. Carriage House Connected to the Historic Inn by a covered entrance, the Carriage House features four renovated guest rooms with: * Private decks or patios * Updated bathrooms * Views of Kachemak Bay * Ductless mini-split heating and cooling systems Tiny Houses Two custom-built tiny homes, Liberty and Mermaid, offer private accommodations featuring: * Kitchenettes * Private bathrooms * Private outdoor seating areas * Views of Kachemak Bay The Mermaid Tiny House also includes an additional private deck. RV Park The adjacent RV park occupies its own parcel and includes: * 19 full-hookup RV sites * Water, electric, and sewer connections * Bathhouse * Existing utility infrastructure The RV parcel is zoned Mixed Use with a 35-foot height allowance, allowing future opportunities for additional lodging, cottages, guest amenities, or expanded RV facilities, subject to local approvals. Property Features * 1.15 acres across three parcels * Extensive private beachfront on Kachemak Bay * Approximately 35 on-site parking spaces * Panoramic bay and mountain views * Private setting accessed via Ohlson Lane * Walking distance to Old Town Homer, restaurants, galleries, shopping, and visitor attractions * Minutes from the Homer Spit and harbor Utilities * Public water and sewer * Natural gas hot water * Combination of ductless mini-splits, electric baseboard heat, natural gas, and window air conditioning Location Located in the heart of Homer, Alaska, the Driftwood Inn offers convenient access to Bishop's Beach, the Homer Spit, charter fishing, wildlife viewing, galleries, restaurants, shopping, and numerous outdoor recreation opportunities. Its waterfront location provides guests with unobstructed views of Kachemak Bay while remaining within walking distance of many of Homer's most popular attractions. Long legal description for all three parcels included: T 6S R 13W SEC 19 SEWARD MERIDIAN HM TRIANGULAR PTN W/IN BUNNELL SUB & THE NE1/4 SE1/4 BEGIN S1/6 CORNER SEC 19 & 20 TH N 0 DEG 2' W BETWEEN 19 & 20 370 FT TH N 89 DEG 55' W ALONG S SIDE OF BUNNELL AVE 221 FT TO CORNR 1,THE POB TH S 0 DEG 2' E 121 FT TO CORNR 2 TH N 51 DEG 59'30" W 196.8 FT T O CORNER 3 TH S 89 DEG 55' E 155 FT TO POB and T 6S R 13W SEC 19 SEWARD MERIDIAN HM LOT 78 PTN OF NE1/4 SE1/4 BEG AT A POINT 357 FT N OF 1/16 STAKE AT SE CORNER OF NE1/4 SE1/4 & 221 FT W OF SEC LINE ROAD CTR LINE WHICH IS ALSO THE S BOUNDARY OF BUNNELL AVE TH E 80 FT TH S 103 FT TH W 80 FT TH N 103 FT TO POB and T 6S R 13W SEC 19 SEWARD MERIDIAN HM 0000049 BUNNELLS SUB LOT 78 A PORTION THEREOF

IDX
Listing Office: Story Real Estate

Last Updated: August - 04 - 2026

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.