59217 E End Road, Homer AK 996031 / 118

$1,250,000

Originally $1,750,000

Active

59217 E End Road

Homer AK 99603

Long Legal Tax Id # 17429406

Berkshire Hathaway HomeServices Alaska Realty

0

Bathrooms

7,410

Sq Ft

1972

Year Built

$169/sqft1.71 acres lot2 stories

MLS# 24-12036· Listed Sep 17, 2024

Live MLS feed

About This Property

Wasabi's Spectacular View Property - Business Opportunity with Flexible Seller Financing Take advantage of this rare opportunity to own and operate a turn-key hospitality property with breathtaking views and exceptional income potential. Flexible seller financing and lease-purchase options are available, making ownership more accessible for qualified buyers. The property features a historically successful bistro with a full-service bar on the upper level, while the lower level includes an additional lounge and full bar ready to be activated, creating immediate expansion opportunities. Included on-site is a private owner's residence with epic panoramic views, as well as a four-room bunkhouse with shared bath facilities, ideal for employee housing or additional guest accommodations. With full liquor licenses and established operations included, this versatile property offers endless possibilities. Whether you're looking to expand the Wasabi brand, create a destination lodge, develop a retreat center, launch a hospitality venture, or bring your own vision to life, this property provides the foundation to make it happen. Seller is motivated and willing to consider creative terms, including lease-purchase arrangements and flexible financing options for qualified buyers.

Documents & insights

7 to review

18 documents from current & prior listings · parcel #17429406.

AI Summary

Summary of 18 documents from this property's current and prior listings. 7 items worth reviewing, plus 41 additional facts captured.

What the seller reported about utilities

From disclosure

Electricity provided by HEA at average $600/month. Natural gas provided by Enstar at $300/month. Refuse service costs $60/month and water supply costs $200/month.

Source: Seller Disclosure · Current listing

Reflects the prior owner's usage and providers. Your costs may vary.

A sample of what's in the documents

Worth a lookActive Sep 2024

Disclosure listed a known issue

The Seller Disclosure notes this item as a known issue. Exact wording from the document is quoted below.

Sewer system: leach field replaced 8-25-24
View source — Seller Disclosure
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Documents on this listing

Documents from prior listings(15) · sign in to open

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Disclosure timeline

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Property Details

Property TypeCommercial Sale
Sub TypeMixed Use
Stories2
Year Built1972
Lot Size1.71 acres
SubdivisionLong Legal Tax Id # 17429406
Legal DescriptionLong Legal Tax Id # 17429406
Parcel #17429406
MLS #24-12036

Heating

Forced AirNatural Gas

Flooring

Tile

Sewer

Septic Tank

View

BayGlacierMountain(s)Spit

Price & Status History

6/11/2026
Price reduced
$1,250,000+25.6%
$169/sqft
Source: AKMLS #24-12036
9/18/2024
Listed for sale
$995,000-20.4%
$134/sqft
9/17/2024
Listed for sale
$1,250,000-28.6%
$169/sqft
Source: AKMLS #24-12036
6/6/2023
Listed for sale
$1,750,0000.0%
$236/sqft
6/20/2022
Listed for sale
$1,750,0000.0%
$236/sqft
3/11/2021
Listed for sale
$1,750,0000.0%
$236/sqft
9/21/2020
Listed for sale
$1,750,000+16.7%
$236/sqft
1/3/2019
Listed for sale
$1,500,000
$202/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Gina Pelaia · Berkshire Hathaway HomeServices Alaska Realty

Alaska MLS

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Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $125,000
Interest rate7.0%
Loan term30 years

$7,485/mo

$1,125,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Emily Etter

Dream Makers

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