$5,495,000
 $29,498 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 #25-3110
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2011
Days On Site515
Listing Provided ByReal Broker Alaska | Yvan C Corbin

Features

Bed(s)7
Bath(s) 12 Total
SQ Feet17,000
Garage6
PoolYes
ZoningUNK - Unknown
Acreage2.47
Water FrontYes
Property ViewBay, City Lights, Glacier, Inlet

Interior

Rooms Total0
HeatingRadiant Floor, Radiant, Solar, Natural Gas
Heating Yes / NoYes
AppliancesWasher/Dryer, Dishwasher, Refrigerator
Interior FeaturesDen &/Or Office, Fireplace, Security System, Sauna, Washer &/Or Dryer Hookup, Jetted Tub, Smoke Detector(s), Vaulted Ceiling(s), Pantry, Soaking Tub, Microwave

Exterior

RoofComposition, Shingle
Exterior FeaturesGarage Door Opener, Swimming Pool, View, Waterfront
Lot FeaturesLandscaped
Construction MaterialsWood Frame
Foundation DetailsOther
Patio And Porch FeaturesDeck
Pool FeaturesSwimming Pool
Other EquipmentHome Theater

Parking

Parking FeaturesAttached
Carport Sp Type Co Carport Sp TypeNone

Utilities

UtilitiesPhone Connected
SewerUnknown

Location

Frontage TypeBay/Harbor, Inlet, Oceanfront
Waterfront FeaturesOcean Access
Wtrfrnt Hyphen Access Sp Near Co Wtrfrnt Hyphen Access Sp NearBay, Ocean
Wtrfrnt Hyphen Frontage Co Wtrfrnt Hyphen FrontageBay/Harbor, Inlet, Oceanfront

Taxes

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

Area Information

StateAK
CityHomer
Zip Code99603
Area1B Kenai Peninsula Borough
SubareaHomer
School DistrictBTV-Undiscl by LL
Elementary SchoolBTV-Undiscl by LL
High SchoolBTV-Undiscl by LL
Listing VS Median (in 99603)
Price:
$5,495,000
low | high
Med:
$619,000
100% of Average
sqft:
17,000
low | high
Med:
1,500
100% of Average
$ / sqft:
$323
low | high
Med:
$413
22.332423415226% of Average
On site:
515
low | high
Med:
314
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
School DistrictBTV-Undiscl by LL
Elementary SchoolBTV-Undiscl by LL
High SchoolBTV-Undiscl by LL
Listing VS Median (in 99603)
Price:
$5,495,000
low | high
Med:
$619,000
100% of Average
sqft:
17,000
low | high
Med:
1,500
100% of Average
$ / sqft:
$323
low | high
Med:
$413
22.332423415226% of Average
On site:
515
low | high
Med:
314
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.121M - $6.868M
sqft: 12,500 - 21,000
Nearby Listings Property ImageNearby Listings Details
5260 Kachemak Drive Property Photo 1
$5,495,000
5260 Kachemak Drive
Homer, AK 99603
Listing Updated: July 30, 2026 at 4:15:21 PM PDT