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For sale
  • $1,125,000

    1393 Bay Ave, Homer, AK 99603

    10beds
    3,264sqft
    : 
    Single Family Residence
    Built in 1991
    1.18 Acres Lot
    $1,090,900 Zestimate®
    $345/sqft
    $-- HOA

    What's special

    This spectacular WATERFRONT home is currently one of Homer's most established bed and breakfast inns yet it can easily adapt as your family home. In town, totally updated, well appointed and thoughtfully designed plus it includes two fully self contained 1 bedroom apts in the second building. The waterfront setting is unparalleled, with a small estuary that protects the well vegetated bluffThe home 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. It is an easy conversion though into a beautiful waterfront residence. 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 with kitchen, dining and living room. Each area focuses on the spectacular waterfront views all the way along the Spit to the glaciers across the Bay. Also on the main floor is a common area 1/2 bath, and three guest rooms. These would be ideal as office and guest area for your friends and family visiting. Upstairs in the main house is a spacious gathering area as well as five more guest accommodations. All guest rooms are ensuite. It would be an easy renovation to combine a few of the current guest rooms into a large master suite. 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 fully furnished as well. The main house completely rebuilt after fire in 2011. The main house is 3264 square feet, and the two apartments combined are 1232 square feet. The gardens are in full bloom all summer and there is no better relaxation spot than sitting on the deck at the main house. This will be an idyllic waterfront homesite for you to enjoy for years to come.
    153 days
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    394
    |
    8
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    Zillow last checked: 8 hours ago

    Listing updated: September 22, 2025 at 02:26pm

    Listed by:

    Angie Newby,

    Homer Real Estate,

    Margaux Sheppard,

    Homer Real Estate

    Source: AKMLS,MLS#: 25-8606MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 13
    • Full bathrooms: 2
    • 3/4 bathrooms: 10
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Oil, Radiant
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Free-Standing Freezer, Range/Oven, Refrigerator, Washer &/Or Dryer
    • Laundry: Washer &/Or Dryer Hookup
    Features
    • Basement, BR/BA on Main Level, Ceiling Fan(s), Central Vacuum, Den &/Or Office, In-Law Floorplan, Vaulted Ceiling(s), Wet Bar
    • Flooring: Carpet, Hardwood
    • Windows: Window Coverings
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Wood Burning Stove
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,264
    • Total interior livable area: 3,264 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, RV Access/Parking, Detached, No Carport
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck/Patio
    • Exterior features: Private Yard
    • Has view: Yes
    • View description: Bay, Glacier, Mountain(s), Spit, Unobstructed, Wetlands
    • Has water view: Yes
    • Water view: Bay,Spit,Wetlands
    • Waterfront features: Waterfront, Waterfront Access, Bay/Harbor, Bay Access
    • Body of water: Kachemak Bay
    Lot
    • Size: 1.18 Acres
    • Features: Covenant/Restriction, Fire Service Area, City Lot, Landscaped, Bluff, Road Service Area, Views
    • Topography: Bluff
    Details
    • Additional structures: Shed(s)
    • Parcel number: 17921008
    • Zoning: RR
    • Zoning description: Rural Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame - 2x6, Wood Siding
    • Foundation: Block
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1991
    • Major remodel year: 2011

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electric, Phone Connected, Cable Connected, Cable Available

    Community & HOA

    Location
    • Region: Homer

    Financial & listing details

    • Price per square foot: $345/sqft
    • Tax assessed value: $1,060,500
    • Annual tax amount: $10,990
    • Date on market: 7/9/2025
    • Road surface type: Paved
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    Estimated market value

    $1,090,900

    $1.04M - $1.15M

    $1,960/mo

    Price history

    Price history
    DateEventPrice
    7/15/2025Listed for sale$1,125,000+50.1%$345/sqft
    Source: AKMLS #25-8606 Report a problem
    1/1/2020Listing removed$749,500$230/sqft
    Source: Homer Real Estate #19-4843 Report a problem
    7/3/2019Price change$749,500-5.7%$230/sqft
    Source: Homer Real Estate #19-4843 Report a problem
    4/4/2019Listed for sale$795,000-11.2%$244/sqft
    Source: Homer Real Estate #19-4843 Report a problem
    10/31/2018Listing removed$895,000$274/sqft
    Source: Homer Real Estate #18-1830 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$10,503 +16.2%$1,060,500 +22.5%
    2023$9,041 +3.3%$865,600 +5.9%
    2022$8,756 +5.5%$817,000 +6.9%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $6,445/mo
    Principal & interest
    $5432
    Property taxes
    $619
    Home insurance
    $394

      Climate risks

      Neighborhood: 99603

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Paul Banks/Homer
      • Middle: Homer
      • High: Homer

      Source: AKMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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