1 / 76$5,495,000
Originally $9,500,000
5260 Kachemak Drive
Homer AK 99603
Real Broker Alaska
7
Bedrooms
12
Bathrooms
17,000
Sq Ft
2011
Year Built
MLS# 25-3110· Listed Mar 26, 2025
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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.
Documents & insights
3 documents from current & prior listings · parcel #17420118.
Summary of 3 documents from this property's current and prior listings. 2 items worth reviewing, plus 3 additional facts captured.
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No Engineer's Subdivision and Soil Report is available for this lot.View source — As-Built
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Property Details
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Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Listed by: Yvan C Corbin · Real Broker Alaska
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Mortgage Estimate
$32,903/mo
$4,945,500 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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