135 W Bunnell Avenue, Homer, AK 99603 (MLS # 26-9737)

Price $4,550,000
Status Active
Size 9,786 sqft
Lot Size 1.15 ac
Days on Market 8
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. Driftwood Inn - Property SupplementThe 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.AccommodationsThe 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 sitesThe 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 InnThe 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 awayThe porch and elevated deck provide panoramic views of Kachemak Bay and the surrounding mountain ranges.Carriage HouseConnected 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 systemsTiny HousesTwo custom-built tiny homes, Liberty and Mermaid, offer private accommodations featuring:* Kitchenettes * Private bathrooms * Private outdoor seating areas * Views of Kachemak BayThe Mermaid Tiny House also includes an additional private deck.RV ParkThe adjacent RV park occupies its own parcel and includes:* 19 full-hookup RV sites * Water, electric, and sewer connections * Bathhouse * Existing utility infrastructureThe 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 harborUtilities* Public water and sewer * Natural gas hot water * Combination of ductless mini-splits, electric baseboard heat, natural gas, and window air conditioningLocationLocated 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
Property Type(s): Commercial
Last Updated 8/3/2026 Year Built 1946
Community 1B - Kenai Peninsula Borough County Kenai Peninsula Borough

Additional Details

AREA1B - Kenai Peninsula Borough
CONSTRUCTIONFrame, Vinyl Siding, Wood Siding
HEATNatural Gas
LOT1.15 acre(s)
LOT DESCRIPTIONCorner Lot
LOT DIMENSIONS1.0
SEWERPublic Sewer
VIEWYes
VIEW DESCRIPTIONBay, Mountain(s)
WATERPublic
Listing Office: Story Real Estate
Alaska MLS

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