Supplements: This is the kind of property that rarely exists--and almost never comes available. Set on 4.09 acres within the city limits of Seldovia, this exceptional coastal holding features two private beaches along the protected waters of Kachemak Bay, offering a level of privacy, access, and natural beauty that is nearly impossible to replicate. Despite its secluded feel, the property is just a short walk to the harbor, local shops, and airstrip, creating a unique balance of remote Alaska living with everyday accessibility. Comprised of four separate lots with flexible zoning, the property offers both immediate usability and long-term optionality. Whether envisioned as a private family compound, a boutique fishing or adventure lodge, an eco-tourism retreat, or a strategic waterfront investment, the groundwork is already in place for a range of high-value uses. The existing cabin and additional outbuildings provide a functional starting point ideal for seasonal use, staff housing, or phased development while leaving significant room to expand, redesign, or build to suit a larger vision. Multiple potential building sites across the property allow for thoughtful separation of uses, whether for guest accommodations, owner quarters, or income-generating structures. The land itself is the true centerpiece. With dual beach access, protected bay frontage, and expansive views across Kachemak Bay, the setting offers both calm water usability and dramatic natural scenery. The scale of the property allows for privacy and flexibility rarely found in in-town parcels, while still maintaining the convenience of walkable access to Seldovia's core amenities. For investors and operators, the zoning and layout support a variety of commercial or mixed-use concepts, including lodge operations, guided fishing or tourism-based businesses, or a curated retreat experience. For private buyers, it presents an opportunity to create a legacy coastal compound in a location where large, contiguous waterfront holdings are extremely limited. Large in-town waterfront parcels of this size are increasingly scarce in Seldovia. The combination of acreage, dual beach frontage, proximity to town, and development flexibility makes this a standout opportunity for those looking to secure a meaningful position in one of Alaska's most unique coastal communities. Whether held, developed, or enjoyed as-is, this is a property defined not just by what it is--but by what it can become. Opportunities like this are not easily found--and even harder to replace. ************QUALIFIED BUYERS ONLY**********