Home News In Alaska, a 44-Acre Private Island Lists for $20 Million

In Alaska, a 44-Acre Private Island Lists for $20 Million

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Alaska’s private islands are on the market for $ 20 million, according to Troy Dana of Fay Ranches, who shares a list with Yvan Corbin of RealBroker.

About 44 acres of land are located in the Kenai Peninsula Autonomous Region in the southwestern part of the state, about 21 miles from the city of Homer and about 8 miles from the small cities of Seldovia, Dana said.

The island has a pebble beach and Cook Inlet has a frontage of about 7,000 feet.


Photo:

Iris Leonardo

According to Dana, the owner of the island is George Lindholm, a real estate investor who lives primarily in Washington. He inherited it from his father, who died in 2018, Dana said. He said the property was owned by the Lindholm family for about 10 years.

Lindholm did not respond to requests for comment.

The island, once used as a fox farm, is now empty, Dana said. Lindholm considered building two homes on the island, Dana said, but opposed.

Some trees on the island are believed to be over 350 years old.


Photo:

Iris Leonardo

According to Dana, the island has a pebble beach and Cook Inlet has a frontage of about 7,000 feet. He said the water is likely to be too cold for recreational swimming, but it is home to marine life such as salmon, whales and otters and can be used for fishing. Homer is known for halibut fishing, he said.

At low tide, he said the island spreads over about 56 acres. Most of the island is covered with spruce trees, some of which are thought to be over 350 years old. He said the island’s summers are mild and temperatures range from the mid-1970s to the late 1980s.

There are many private islands in Alaska, but according to Dana, you rarely find a private island of this size.

“Based on my own experience, small islands are sometimes on the market,” he said. “Islands of this size are rarely on the market in Alaska.”

According to Realtor.com, Homer had a median home listing price of $ 452,000 in April, up 9.2% from the same period last year. ((((News Corp, Parent of The Wall Street Journal and runs Realtor.com. )

Write to Libertina Brandt [email protected]

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