Search Land - Second Star
Second Star
$6,750,000|Listed: Mar 24, 2025
MLS#1258869
5260 Kachemak Drive, Homer, Kenai Peninsula County, Alaska
Status:Active
Property Type
- Recreational Land
- Commercial Acreage
- Fishing Land
- River Frontage
- Home with Acreage
Acreage
2 acres
County
Kenai Peninsula, Alaska
Format
Sale
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.
Listing Agent

Fay Ranches Broker
Co-Op Member Owner
Fay Ranches Inc
Bozeman, Montana
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