On our 10 day trip of Alaska this was by far our favorite place we stayed at. Ed and Sheryl were very accommodating and friendly. We splurged and stayed in the Log Chalet for two nights. It was all you could really ask for with a huge area of lounging around, a separate bathroom, a fireplace, and a sleeping area on the 2nd "floor". There is also a grill and some outside seating with a pretty good view of Kachemak Bay and the glaciers on the other side. There is an old school sauna nearby and also a very clean and comfortable hot tub. We never ended up using the sauna, but we did enjoy the hot tub. Our hosts had left us a basket of lots of assorted food, including granola, nuts, fruit, bagels, and some fresh baked breakfast bread that was perfect before our early morning halibut charter.
Only negatives (which aren't even really negatives) were the water pressure in the shower in the Log Chalet is a bit low (but definitely workable) and also if you plan on doing any cooking yourself, while there are plenty of bowls, plates, and cooking utensils (even some olive oil!) the knives are all very dull and I ended up using my pocket knife for a lot of our food prep. I used to work as a cook, however, and am spoiled by my normal access to very sharp knives.
Also note that this property is about a 15 minute drive east from "downtown" Homer. It was a bit further than I was expecting. I knew it was out of town, I just didn't realize quite how far. We also ran into construction on the road between the two which delayed us by about 20 minutes one morning (this seems to be a common occurrence all over Alaska in the summer, so plan accordingly).
Definitely would stay here again next time we are in Homer.