5260 Kachemak Drive, Homer, AK 99603

$6,750,000
Property Type: Commercial Sale Square Footage: 17,000 Lot Size (sq. ft.): 107,593 Status: Active
Current Price: $6,750,000 Last Modified: 8/21/2025

Description

Situated amidst the breathtaking wilderness of Alaska, Second Star is an architectural masterpiece that offers an unparalleled luxury experience on 2.5± acres of water frontage overlooking the pristine waters of Kachemak Bay. This magnificent 17,000± square-foot estate seamlessly blends elegant, high-end living with the raw, untamed beauty of the Last Frontier, making it one of Alaska's most

Supplements: exclusive vacation destinations. The mansion boasts eight uniquely designed bedroom suites, each crafted to evoke a distinct and immersive ambiance, comfortably accommodating up to 30 guests. The top floor features an enchanting 2,000± square-foot replica of Peter Pan's Neverland, complete with a pirate ship, hidden nooks, and whimsical décor, offering a magical retreat for guests of all ages. Whether seeking relaxation, adventure, or both, Second Star provides an unforgettable escape unlike any other. The estate's world-class amenities set it apart as a true luxury retreat. The private spa wing includes a Turkish bath, indoor pool, infrared sauna, and steam room. A hidden passageway leads to a state-of-the-art theater and a charming candy shop. The expansive 3,000± square-foot deck offers breathtaking panoramic views of the Pacific Ocean, towering mountains, and ancient glaciers, making it a spectacular setting for intimate gatherings, corporate retreats, and grand celebrations. A gourmet kitchen designed to accommodate private chefs ensures a bespoke culinary experience for the most discerning palates. Operating as a highly successful luxury vacation rental, Second Star has built a prestigious reputation, attracting elite clientele from around the world seeking privacy, exclusivity, and adventure. The property's proven success, unmatched amenities, and breathtaking location make it an extraordinary investment opportunity. Embrace the chance to own Second Star, where luxury, adventure, and imagination converge in the heart of Alaska's awe-inspiring wilderness.

More Information MLS# 25-3109

Contract Info

Foreclosure/Bank Own: No Price-List: 6750000 Date-Listing: 2025-03-26 Status: Active

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1B - Kenai Peninsula Borough Grid # (Muni Anch): N/A Tax Map #-Mat-Su: N/A Legal: H K Davis #6 L15-D

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Acres: 2.47 SF-Lot: 107593.2 Lot Area Source: Owner Zoning: UNK - Unknown Type of Property: Mixed Use SF-Res: 17000 Year Built: 2011

Directions and Remarks

Directions: NE on Kachemak Dr, property is on the right

Primary Space

Hospitality: 1

Heating

Natural Gas: 1 Radiant: 1 Radiant Floor: 1 Wood: 1 Wood Stove: 1

View Type

Bay: 1 City Lights: 1 Inlet: 1 Mountains: 1 Ocean: 1 Unobstructed: 1

Features-Commercial

On-Site Parking: 1 Wtrfnt-Access Nearby: 1 Wtrfnt-Actual Frntg: 1

Location Tax and Legal

Area: 490 - Homer Street #: 5260 Street Name: Kachemak Arterial: Drive Closest USPS Town: Homer State: AK Zip Code: 99603

Property Features

Primary Space: Hospitality Heating: Natural Gas; Radiant; Radiant Floor; Wood; Wood Stove Features-Commercial: On-Site Parking; Wtrfnt-Access Nearby; Wtrfnt-Actual Frntg View Type: Bay; City Lights; Inlet; Mountains; Ocean; Unobstructed

Documents

Listing Office: Real Broker Alaska
IDX
Last Updated: August - 21 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.