$5,395,000
( $317.35Per Sq Foot )
 $28,962 est/mo Sourced by Back At You

5260 Kachemak Drive,Homer, AK 99603

Homer, AK 99603

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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 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.

Details

MLS #25-3109
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year2011
Days On Site524
Listing Provided ByReal Broker Alaska | Yvan C Corbin

Features

SQ Feet17,000
ZoningUNK - Unknown
Acreage2.47
Property ViewBay, City Lights, Inlet, Mountai

Interior

HeatingRadiant Floor, Radiant, Wood, Natural Gas, Wood Stove
Heating Yes / NoYes

Taxes

Tax Map NumberN/A
Tax Legal DescriptionH K Davis #6 L15-D

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
Listing VS Median (in 99603)
Price:
$5,395,000
low | high
Med:
$609,000
100% of Average
sqft:
17,000
low | high
Med:
1,690
100% of Average
$ / sqft:
$317
low | high
Med:
$395
25.417875122476% of Average
On site:
524
low | high
Med:
58
100% of Average
Sourced by Back At You

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Learn More About This Property

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
Listing VS Median (in 99603)
Price:
$5,395,000
low | high
Med:
$609,000
100% of Average
sqft:
17,000
low | high
Med:
1,690
100% of Average
$ / sqft:
$317
low | high
Med:
$395
25.417875122476% of Average
On site:
524
low | high
Med:
58
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.46M - $6.743M
sqft: 12,500 - 21,000
Nearby Listings Property ImageNearby Listings Details
5260 Kachemak Drive Property Photo 1
$5,395,000
5260 Kachemak Drive
Homer, AK 99603
Listing Updated: August 25, 2026 at 8:24:41 AM PDT