$1,549,000
5.97± Acres
New Listing
Kenai Peninsula Borough, Alaska

Great Lodge Home / B&B on the Ocean Kenai Peninsula

ID: 52072
External ID/MLS: --/26-2187
Status: New Listing
Price: $1,549,000
Acres: 5.97
Type: Residential Property, Beachfront, Business Opportunity
Address: 64316 ELIZABETH AVE
City, State: Ninilchik, Alaska
County: Kenai Peninsula
Zip Code: 99639

Description

Alaska Oceanfront Property for Sale | Lodge, Restaurant & B&B Opportunity on the Kenai Peninsula

Rare opportunity to own a premier oceanfront property on Alaska’s Kenai Peninsula, featuring a beautifully crafted 5,000 square foot lodge on 6 private coastal acres. Known as one of the finest properties in the region, The Great House Lodge at Chautauqua offers a unique blend of luxury residential living, hospitality income, and destination dining potential.

Located near the coastal community of Ninilchik, this exceptional property is currently operated as a private residence and part-time bed and breakfast with dining, creating an ideal opportunity for those seeking a turnkey Alaska lodge, restaurant, or hospitality business.


Chef-Driven Restaurant & Culinary Opportunity

Designed for both living and entertaining, the property includes a full-service commercial kitchen and dining space, making it well-suited for a restaurant, private dining concept, or culinary retreat.

Currently operated by a world-renowned chef, the property reflects the quality and atmosphere associated with a true destination dining experience. Guests are able to enjoy thoughtfully prepared meals and extend their visit with overnight accommodations, creating a seamless blend of restaurant and lodging in one setting.

This is an ideal opportunity for:

  • Chefs seeking a more intentional, lifestyle-driven concept
  • Buyers searching for a restaurant for sale in Alaska
  • Hospitality operators looking to establish a unique dining destination
  • Entrepreneurs interested in a bed and breakfast with food service

The setting, scale, and layout naturally support a concept that appeals to travelers exploring the Kenai Peninsula and those seeking memorable dining experiences in Alaska.


Property Highlights

  • 5,000 SF custom lodge-style residence
  • 6 acres of private oceanfront land
  • Operating as a bed and breakfast with dining
  • Expansive coastal views and natural surroundings
  • Separate caretaker’s cabin or rental unit
  • Artesian spring water source
  • Handcrafted wood interiors and custom finishes
  • Warm, inviting spaces ideal for guests and gatherings


Lifestyle + Income in One Property

This property offers the flexibility to live year-round in Alaska while generating income through multiple avenues:

  • Bed and breakfast accommodations
  • Dining and culinary experiences
  • Private events, retreats, or seasonal offerings

It’s particularly well suited for those seeking a live/work property, combining personal lifestyle with a hospitality business in one of Alaska’s most scenic coastal regions.


Kenai Peninsula – A Destination Market

The Kenai Peninsula is widely recognized as one of Alaska’s most desirable destinations, known for its:

  • Dramatic coastline and natural beauty
  • World-class fishing and outdoor recreation
  • Strong seasonal tourism economy
  • Growing demand for unique lodging and dining experiences

Properties that combine oceanfront real estate with hospitality and restaurant potential are limited, making this a rare offering within the Alaska market.


Investment & Use Potential

This property is well positioned for buyers exploring:

  • Alaska oceanfront real estate
  • Kenai Peninsula property opportunities
  • Restaurant or hospitality concepts in Alaska
  • Bed and breakfast ownership
  • Lifestyle-driven business investments
  • 1031 exchange opportunities

With its existing use and flexible layout, it supports both immediate enjoyment and long-term business potential.


Summary

The Great House Lodge at Chautauqua represents a rare opportunity to acquire a one-of-a-kind oceanfront property in Alaska that seamlessly combines residential comfort, culinary potential, and hospitality income.

Whether envisioned as a private retreat, a chef-driven restaurant, or a boutique bed and breakfast, the property offers a compelling combination of location, character, and opportunity on the Kenai Peninsula.

Directions:

Contact listing agent for details  PLEASE DO NOT DO A DRIVE BY. VIEWING BY APPOINTMENT ONLY. Call 907 521-5511 for scheduling. Owner will show property.

Showing Instructions:

SHOWING BY APPOINTMENT ONLY. QUALIFIED BUYERS ONLY OWNER MUST BE PRESENT (HE IS THE BUILDER) LISTING LICENSEE MAY BE PRESENT

Additional Details

Home Details

Sq Ft: 5096
Beds: 4
Full Baths: 3

Additional Info

Wildlife: Big Game, Ducks, Geese, Other, Small Game
Recreation: ATV Trails, Bike Trails, Bird Watching, Fishing, Hiking Trails, Hunting, Public Land Access, Watersports
Water Access: Bayfront, Beach, Ocean Access, Ocean Front, Waterfront
Improvements: Guest House, Residence
Road Type: Gravel, Paved
Vegetation: Natural State, Partially Wooded
Current Use: Commercial, Recreational, Residential
Possible Use: Multi-Family, Recreational, Residential, Single Family

Financial

Listing Terms: Cash, Conventional
Taxes (annually): $8,096
Tax Year: 2025
Legal Description:

 Eagles Rest #3 Tr C1

Maps

Brokerage Disclaimers for Confidential / Discreet Business Listing

1. Confidentiality & Non-Disclosure
This is a confidential business listing. All financial and operational information will only be released to qualified buyers who have executed a Non-Disclosure Agreement (NDA). By inquiring, prospective buyers agree not to disclose any information provided by the brokerage or seller to third parties.

2. No Direct Contact With Business or Employees
Prospective buyers, agents, and third parties are strictly prohibited from contacting the business, its employees, clients, vendors, or representatives directly. All communication must go through the listing brokerage. Unauthorized contact may disqualify a buyer from consideration.

3. Accuracy of Information
Information provided and other sources deemed reliable; however, Mossy Oak Properties of Alaska-Wasilla makes no representations or warranties, express or implied, regarding its accuracy, completeness, or current status. Buyers are advised to independently verify all information to their satisfaction.

4. Proof of Funds & Buyer Qualification
Brokerage reserves the right to request proof of funds, financial capability, and/or experience before releasing detailed information or scheduling a showing. Seller and brokerage may decline offers or requests for access at their sole discretion.

5. Showing Conditions
Showings may be limited to non-business hours or arranged in a manner that protects the seller’s confidentiality and ongoing operations. Buyers agree to follow all instructions related to scheduling and conduct during showings.

6. No Legal, Tax, or Accounting Advice
Mossy Oak Properties of Alaska-Wasilla does not provide legal, tax, financial, or accounting advice. Buyers are encouraged to consult with their own licensed professionals regarding due diligence, valuation, structure, financing, and tax implications.

7. Contingent Upon Seller Approval
Any access to records, on-site visits, or discussions with ownership are subject to seller approval and may be withdrawn at any time if confidentiality concerns arise.

8. Non-Solicitation
Buyers agree not to solicit or interfere with existing business relationships, customers, contracts, or employees before, during, or after the transaction unless expressly permitted by the seller.

All information is deemed reliable but is not guaranteed. Buyer and Buyer’s Agent are advised to independently verify all details, including property features, business operations, permitted uses, and available services. Mossy Oak Properties and the listing licensee make no warranties, expressed or implied, regarding the accuracy or completeness of the information provided

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