SECOND STAR
Homer, Alaska
$9,500,000
2.5± Acres
INTRODUCTION
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.
1 Second Star | Homer, Alaska
QUICK FACTS
• 2.5± acres of water frontage, offering views of Kachemak Bay
• 17,000± square feet of luxury accommodations
• Accommodates 24-30 guests across eight themed bedroom suites
• 2,000± square-foot Peter Pan-themed Neverland
• Operates as a luxury vacation destination and event venue, accommodating weddings, corporate retreats, and family reunions
• Multiple kitchens and spacious dining areas accommodate private chefs and large-scale catering
• The spa wing features a Turkish bath, indoor SwimEx pool, infrared sauna, steam room, and massage room
• World-famous bear viewing in Katmai National Park and Lake Clark National Park
• Homer is the “Halibut Fishing Capital of the World” and offers easy access to top-tier fishing excursions
• Exceptional big game hunting opportunities nearby, including moose, black bear, mountain goat, and Dall sheep
• Kachemak Bay is renowned for sea kayaking adventures
• Kachemak Bay State Park has over 80 miles of hiking trails, alpine meadows, and coastal beaches
Second Star | Homer, Alaska
SCENIC VISTAS
Second Star offers unmatched views of Kachemak Bay’s wild beauty. Its 3,000± square-foot deck overlooks vast ocean waters, towering peaks, and distant glaciers. Seasons transform the landscape—from summer’s golden light to winter’s northern lights. Bald eagles soar, sea otters drift, and whales occasionally break the surface. Whether enjoying a sunrise, sunset, or crisp winter air, the scenery provides a stunning, ever-changing backdrop to this luxury retreat.
Second Star | Homer, Alaska
INTERIOR FEATURES
Second Star’s interior is a masterpiece of design, where elegance meets comfort in an extraordinary setting. Spanning 17,000± square feet, the mansion’s carefully curated spaces blend luxurious materials, high-end finishes, and whimsical elements that make every room unique. The heart of the home is its gourmet kitchen, designed to accommodate private chefs with top-ofthe-line appliances, expansive countertops, and ample storage. A sophisticated dining area and inviting lounges create a perfect balance of grandeur and warmth, ideal for hosting intimate gatherings or lavish celebrations.
Each of the eight exquisitely designed bedroom suites offers a distinctive theme, immersing guests in a world of refined luxury. The top floor is home to a whimsical 2,000± square-foot Neverland-inspired retreat featuring a pirate ship and hidden alcoves that bring an element of enchantment to the mansion. The spa wing provides a private oasis with a Turkish bath, an indoor pool, an infrared sauna, and a steam room, offering relaxation and rejuvenation. Hidden passageways lead to a private theater and a charming candy shop, adding an element of discovery to the experience. From intricate woodwork to custom décor, every detail in Second Star has been thoughtfully crafted to create a luxurious and inviting setting.
Star | Homer, Alaska
SUITES
This luxurious mansion comfortably accommodates 24 to 30 guests, boasting eight uniquely themed bedroom suites, each thoughtfully designed with its own distinctive décor for a one-of-a-kind stay.
Second Star | Homer, Alaska
KITCHEN & DINING
With multiple kitchens and expansive dining areas, the space is designed to effortlessly accommodate private chefs and large-scale catering. Its thoughtful layout ensures seamless meal preparation and a flawless dining experience for any occasion.
Second Star | Homer, Alaska
NEVERLAND
The Second Star also features a breathtaking Neverlandthemed room that brings Peter Pan’s world to life. It includes a replica of the Darling bedroom in England, leading to an enchanting entrance to Neverland. Inside, you’ll find a pirate ship with a captain’s quarters overlooking the bay, a gangway to a hidden room, a treehouse with a twin bed, and a cloud loft with two more twin beds and a slide. The space also boasts swings, a hammock, and a whimsical mermaid bathroom with a tub, shower, double sinks, and two water closets—one with a child-sized toilet—creating a truly magical escape.
Darling Bedroom
Darling Bathroom
Entrance to Neverland
Neverland Ship
Neverland Ship
Neverland Climbing Tree
Neverland Bathroom
Neverland Lost Boys
Neverland Tree Bed
Neverland Ship Bed
Second Star | Homer, Alaska
GAME ROOM & THEATER
Secret passageways wind through the space, revealing a hidden game room, a private theater, and a delightful candy shop. Each discovery adds an element of surprise and wonder, transforming the space into an immersive adventure.
Second Star | Homer, Alaska
SPA & POOL
The Second Star features a luxurious spa wing designed for ultimate relaxation. This private retreat includes an indoor pool, steam room, Turkish bath, massage room, and infrared sauna. It also offers a half bath, a full bathroom with two showers, and a dedicated laundry area with two full-size units and a sink, ensuring both comfort and convenience in this serene oasis.
Second Star | Homer, Alaska
RECREATION
Kachemak Bay in Homer, Alaska, offers a stunning mix of rugged coastline, glacial fjords, and lush forests teeming with wildlife. Visitors can kayak alongside sea otters and seals, hike scenic trails in Kachemak Bay State Park, or take bear-viewing tours to Katmai or Lake Clark National Park. From tide pool explorations to breathtaking glacier vistas, the bay blends adventure and serenity.
Photo not taken on property - Credit Zak Bernadsky
Photo not taken on property - Credit Gavin Van Wagoner
Photo not taken on property - Credit Yuhan Du
WILDLIFE
Kachemak Bay and Homer is home to a thriving ecosystem teeming with diverse wildlife, making it a prime destination for both nature enthusiasts and hunters. Its rich waters are home to marine mammals like humpback whales, orcas, sea otters, Steller sea lions, and harbor seals, while the surrounding forests and mountains provide habitat for moose, black bears, Sitka black-tailed deer, mountain goats, lynx, marmots, and porcupine, and diverse birdlife, including bald eagles and puffins. Coastal estuaries attract waterfowl like ducks, geese, harlequins, and eiders. Whether tracking game or simply enjoying Alaska’s wild beauty, Kachemak Bay offers an unforgettable outdoor experience.
FISHING
Kachemak Bay offers exceptional fishing for both seasoned anglers and beginners. Its nutrient-rich waters support abundant halibut, making it a top destination for trophy-sized catches. King salmon thrive in the bay, especially in summer, alongside Coho, Sockeye, and Pink salmon. Anglers also reel in rockfish, lingcod, and Pacific cod. Freshwater streams like the Anchor River provide prime spots for King salmon, Dolly Varden, Arctic char, and rainbow trout. Whether fishing by boat, shore, or river, Kachemak Bay delivers worldclass fishing in one of Alaska’s most stunning landscapes.
Photo not taken on property
Credit Raegan Cureton
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Second Star | Homer, Alaska
AREA HISTORY
Homer, Alaska, is a scenic coastal town with a deep-rooted history shaped by its prime location along Kachemak Bay. Long before becoming a US settlement in the late 19th century, the area was home to Indigenous communities and later saw exploration by Russian fur traders in the 1700s. As the town developed, it grew into a significant fishing and maritime hub, earning recognition as the “Halibut Fishing Capital of the World”—a title it still holds today due to its thriving commercial fishing industry.
Beyond its economic ties to the sea, Homer is known for its breathtaking landscapes and abundant wildlife, drawing nature enthusiasts, artists, and adventurers alike. Over time, it has evolved into a vibrant cultural center featuring art galleries, festivals, and a close-knit community. With its blend of rugged wilderness and coastal charm, Homer offers a unique destination for those seeking both serenity and outdoor adventure.
Photo not taken on property
Photo not taken on property
NEARBY ATTRACTIONS & ACTIVITIES
Second Star is ideally located in Homer, Alaska, the “Halibut Fishing Capital of the World.” Visitors can enjoy deep-sea fishing for halibut and king salmon or explore Kachemak Bay by kayak, paddleboard, or yacht, taking in glaciers, rugged coastlines, and abundant marine life. Whale watching offers glimpses of orcas, humpbacks, and sea otters. On land, Kachemak Bay State Park features scenic hiking trails, while flightseeing tours and bear-watching expeditions provide unforgettable wildlife encounters. Homer also boasts a vibrant arts and culinary scene, making Second Star a premier retreat in one of Alaska’s most captivating regions.
Photo not taken on property
Photo not taken on property - Credit Zak Bernadsky
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Second Star | Homer, Alaska
Second Star | Homer, Alaska
CLIMATE
Homer, Alaska, has a moderate subarctic climate with cool summers and mild winters. Average temperatures range from 21°F to 61°F, with July highs around 61°F and lows around 50°F. Precipitation averages 24.34 inches annually, with 48 inches of snow. Summer days are long, with up to 20 hours of daylight in June and July, while winter days are shorter, with only 6 hours in December and January. The climate supports diverse ecosystems, including temperate rainforests, alder shrublands, and boreal forests. Known as the “Land of the Midnight Sun,” Homer’s extended summer daylight and low-angle sunlight make 60°F feel much warmer.
Climate charts courtesy of https://www.city-data.com/city/Homer-Alaska.html
Second Star | Homer, Alaska
LOCATION
Second Star is located on Kachemak Bay, approximately 225 miles south of Anchorage via the Sterling Highway. Homer, known as the “Halibut Fishing Capital of the World,” sits at the southern tip of the Kenai Peninsula, offering breathtaking views of snowcapped mountains, rugged coastline, and pristine waters. The town is a gateway to Kachemak Bay State Park and the remote wilderness. Visitors can reach Homer by car, a scenic drive through the Kenai Peninsula, or by air via daily flights from Anchorage. This coastal gem blends outdoor adventure, rich wildlife, and a vibrant arts and culinary scene.
GETTING THERE
Second Star is accessible by both plane and car. From Anchorage, you can either drive or fly to Homer, with the drive offering breathtaking scenery along the way.
AIRPORT SERVICES
Homer Airport (HOM) is the main air hub near Kachemak Bay, offering commercial flights via Ravn Alaska, air taxis, charters, and private jets. Its 6,701-foot runway supports regional and private aircraft for tourism, business, and cargo transport. Nearby, Beluga Lake Seaplane Base provides floatplane access to remote areas, while Seldovia Airport (SOV) connects communities across the bay. Air taxis and helicopter charters serve adventurers, fishermen, and off-grid travelers. Homer’s diverse aviation network is vital for linking the remote beauty of Kachemak Bay to the rest of Alaska, and this property can also accommodate helicopter landings. This property also offers the unique convenience of helicopter access, allowing for seamless arrivals and departures.
27 Second Star | Homer, Alaska
Second Star | Homer, Alaska
SUMMARY
Located on Alaska’s Kachemak Bay, Second Star is a 17,000± square-foot luxury estate that masterfully blends opulence with the wild beauty of the Last Frontier. Set on 2.5± acres, this exclusive retreat features eight uniquely designed suites, a whimsical Neverland-themed top floor, and world-class amenities, including a private spa, indoor pool, sauna, and hidden theater. A 3,000± square-foot deck showcases sweeping ocean and glacier views. A proven success as a luxury vacation rental, Second Star offers an unparalleled escape for elite travelers and an extraordinary investment opportunity in one of the world’s most breathtaking destinations.
Second Star | Homer, Alaska
This is an exclusive co-listing with Fay Ranches and Top Shelf Realty. Please contact Troy Dana at (360) 402-5500 | tdana@fayranches.com or Yvan Corbin at (907) 301-0875 | yvan@alaskatopshelfrealty.com to schedule a showing. An agent from Fay Ranches or Top Shelf Realty must be present at all showings unless otherwise noted or other arrangements are made. To view other properties we have listed, please visit our web page at www.fayranches.com.
$9,500,000 Cash
Conventional Financing 1031 Exchange
Offer is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. Information regarding land classification, carrying capacities, maps, etc., is intended only as a general guideline and has been provided by the owners and other sources deemed reliable, but the accuracy cannot be guaranteed. Prospective purchasers are encouraged to research the information to their own satisfaction.
Second Star | Homer, Alaska
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