第二居所旅居已成为我国城市居民休闲度假的新趋势，但现有研究缺乏对该类旅居社区地方营造过程和机制的深入探讨。本研究采用民族志方法，选择秦皇岛阿那亚这一典型的第二居所旅居社区为案例地，以地方性理论为分析框架，揭示第二居所旅居社区的演化过程及其内在机制。研究发现，第二居所旅居社区的地方营造先后经历从“夏季避暑的海滨房子”到“中产阶级理想的家”再到“诗意栖居的家园”转变过程，开发商行为拓展引发的资本循环模式与层级变化是导致社区地方营造结果不断转变的关键原因。本研究首次从地方性视角综合透视第二居所旅居社区的地方营造过程，不仅从理论上拓展了地方性分析框架边界，丰富了对第二居所旅居社区演化规律的理解，为旅居地产行业的可持续发展提供管理启示。

Second-home residential living has become a new trend for urban residents seeking leisure and vacations. However, existing research lacks sufficient exploration of the processes and mechanisms of place making in such communities. Using ethnographic methods and adopting the Aranya in Qinhuangdao, China, a typical second-home residential community, as a case study, this study employs the theory of Locality as its analytical framework to depict the formation and evolution processes of second-home residential community and its underlying mechanism. The findings reveal that the place making of second-home residential communities undergoes a transformation process from 'A Seaside House for Summer Retreats' to 'An Ideal Home for the Middle Class' and finally to 'A Homeland for Poetic Dwelling'. The key factor driving the evolution is the cycle modes and hierarchies of capital circuit fostered by the expanded behaviors of developers. This study firstly explores the place-making process of second-home residential community from the perspective of locality. It not only extends the analytical framework of locality, deepens the understanding of the evolutionary dynamics of second-home residential communities, but also offers managerial implications for the sustainable development of the residential tourism real estate industry.