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Remote and Beautiful, $20M Passage Island Is Alaska’s Priciest Property


Many property purchasers in Alaska possess the same vision: Either hunker down away from the madding crowds in a refined log cabin or operate a side-hustle fishing business complete with a cozy lodge.

But what if you could do both in the nation’s largest state? And from your own private island, no less?

Passage Island is pricey

About 200 miles south of Anchorage lies the 44-acre Passage Island. Located near Seldovia, the private island is available for $20 million, making it the priciest property in the state.

It presents a rare opportunity to build a custom home in near total seclusion. A huge log cabin would be ideal on this large rock currently populated with trees. The addition of a boat dock from which to set sail on the azure waters would also make perfect sense.

Location might prove perilous

The island sits in Port Graham, a protected inlet in the Gulf of Alaska. At low tide, the island’s footprint expands to 56 acres.

Secluded pebble beaches and 7,000 square feet of water frontage provide plenty of opportunities to wander, sunbathe, or engage in water sports. Fishing for your supper may also prove alluring.

Aerial view



Rock formations

The island sits 22 nautical miles southwest of the Homer Spit, a 4.5-mile-long stretch of land on the southern tip of the Kenai Peninsula. Both Seward and Kenai Fjords National Park are a five-hour drive by car.

Seldovia on Kackemak Bay—home to about 250 residents—is 8 miles from the island and across the bay from Homer, population of around 6,000.

Seldovia is a world-class destination for fishing along with watching whales, otters, and eagles. To reach this island, a new owner can hop a plane, boat, or helicopter, making the journey even more of an adventure.

Yven Corbin with Real Broker has the listing.

The post Remote and Beautiful, $20M Passage Island Is Alaska’s Priciest Property appeared first on Real Estate News & Insights |®.

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