88.28 pristine acres located in a gated community with beach access and lake frontage plus spectacular views of Kachemak Bay, mountains, and glaciers. This private estate is surrounded by hundreds of acres of designated moose habitat, nature conservancy land and agricultural holdings. This property offers privacy, spectacular scenery, peaceful surroundings, and is a sportsmans and equestrians paradise.The property is located just 7 miles east of downtown Homer, Alaska on the world-famous Kenai Peninsula. Homer is known for fantastic fishing ("The Halibut Fishing Capital of the World"), and is a great place for kayaking, bear viewing, hiking, enjoying fantastic restaurants, and visiting vibrant art galleries. A short boat trip across Kachemak Bay brings you to the state's only designated wilderness park Kachemak Bay State Wilderness Park. The unique combination of location, commerce, beauty, natural resources and wilderness makes the Homer area a wonderful place to visit, and an even better place to live. This property offers privacy and amazing views while being close to town. Perfect for your custom home, an executive retreat, family get-away, or even a tourist lodging business.