$9,500,000

5260 Kachemak Dr Homer, AK 99603

Estimated payment $56,110/month

Total Views 30,579
2.47 Acres
$3,846,154 Price per Acre
107,593 Sq Ft Lot

About This Lot

Situated amidst the breathtaking wilderness of Alaska, Second Star is an architectural masterpiece that offers an unparalleled luxury experience on 2.5 acres 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 Alaskas 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 Pans Neverland, complete with a pirate ship, hidden nooks, and whimsical dcor, 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 estates world-class amenities set it apart as a true luxury retreat. The private spa wing includes a Turkish bath, indoor pool, infrared sauna, steam room, and a state-of-the-art theater accessed through a hidden passageway leading to 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 propertys 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 Alaskas awe-inspiring wilderness.

Listing Agent

Troy Dana

Fay Ranches, Inc. Listed on: 03/31/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $41,900

Lot Details

  • Waterfront

Property Details

Property Type

Land

Est. Annual Taxes

$41,900

Lot Details

0

Listing Details

  • Office Phone: 360-402-5500
  • Listing Website: https://www.land.com/property/5260-kachemak-drive-homer-alaska-99603/23054466/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Waterfront: True

Lot Info

  • Lot Description: Waterfront/Beachfront

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $41,900 $4,083,800 $309,000 $3,774,800
2023 $37,209 $3,407,400 $291,500 $3,115,900
2022 $36,929 $3,285,500 $291,500 $2,994,000
2021 $30,316 $3,036,300 $285,700 $2,750,600
2020 $34,163 $2,986,300 $285,700 $2,700,600
2019 $33,741 $2,934,000 $285,700 $2,648,300
2018 $30,316 $2,636,200 $285,700 $2,350,500
2017 $31,050 $2,747,800 $167,300 $2,580,500
2016 $26,148 $2,314,000 $165,800 $2,148,200
2015 $3,753 $2,130,800 $165,800 $1,965,000
2014 $3,753 $1,958,100 $165,800 $1,792,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $9,500,000 -- $559 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $455,000 Purchase Money Mortgage
Previous Owner $150,000 No Value Available
Source: Public Records