Second homes have increasingly gained academic attention, not least within tourism research. Nevertheless, most studies have addressed the topic from the perspective of the second home owners, highlighting issues such as motivation for second home ownership, use patterns, geographical location, and meanings of second homes. Even the impacts of second homes have mainly been addressed as the accumulated outcome of their owners’ decisions. Hence, second homes have mainly been conceptualized as personal/family projects. Relatively little research has been done on the ways local communities cope with second home tourism. This is the departure point for this paper, with the purpose of analysing coping strategies among public and private stakeholders regarding second home tourism. It is argued that communities have various ways of coping, ranging from resistance to resource utilization. The proposed conceptual framework is empirically applied to the case of the Swedish West Coast. In an interview survey of public and private service providers, different strategies are identified. The results of the survey indicate that second home owners are increasingly seized on as a resource that can be utilized for business development. Ultimately, institutional preconditions imply that second homes remain a challenge for local municipalities.