Like so many others, my husband and I were shunted to the Homestead Inn after unsuccessfully trying to book a last-minute room at the sister property, the Mission Ranch. Before committing, we read some reviews that led us to believe that we'd be in a rustic place where we wouldn't have an internet connection or a decent television. I arrived expecting to get splinters in my palms if I touched the walls and where I'd be lucky to check email from my phone. So we were surprised to be led to a spacious room that I wouldn't describe as "rustic" at all, where the internet connection was flawless and the TV was up-to-date. The bathroom was huge, with a vanity that swept the length of it (very handy for spreading out all our gear).
The room was spotless, and we loved the folksy character of the inn (e.g., the staff departs at 7:30 and the room key opens the main door). We had planned to stay for one night but ended up booking a second because we felt so comfortable and relaxed. Oddly enough, even though we were there in the high season, we never saw another guest at the inn although I think the inn was actually full. (When we asked for the second night, we were initially told it was fine. Then, later, the desk clerk informed us with great regret that they'd made a mistake and that we'd have to switch rooms. So, to compensate, they moved us to a bigger room with a terrace and charged us the same price we'd paid for the smaller room with no terrace.)
Breakfast (satisfactory but not stupendous) was served at the Mission Ranch, about a mile away. Some other reviewers have complained about this, but we didn't mind at all. It gave us a chance to rubberneck at the Ranch and to see what we'd missed out on. The Ranch was charming and the setting was beautiful, but we agreed that we'd lucked out when it was full up. We preferred the quiet charm and walk-to-town-and-beach location of The Homestead.
The only very minor negative of the Homestead was the necessity of on-street parking. We never had trouble finding a spot but sometimes it was a couple blocks away and required an uphill climb to the inn. We are in decent shape for 60+ and could handle the mini-hike with no problem, but older travelers might find it a bit trying. Some of the parking adjacent to the inn is legal all day but some is restricted to two hours during the day. So our stay at The Homestead did require a little bit of juggling with the car. (My husband actually lost it at one point but I knew where it was all along, which is a decent argument in favor of marriage ... the ol' two-heads-are-better-than-one theory.) So the parking was a minor inconvenience for us but perhaps a bigger problem for those with mobility challenges. (There is a check-in spot right in front of the hotel and maybe it doubles as handicapped parking. Not sure about that.)
Overall, we LOVED this place and will go out of our way to stay here again. TIP: For a beautiful and easy walk from the Homestead Inn, head down the hill to the ocean. Don't turn right (towards the small but bustling, touristy town) but instead take a left on the path that goes along the ocean. There are beautiful ocean views on one side and lovely homes on the other. It's much nicer to walk along this path than it is to take the overpriced 17-mile drive nearby.