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Most Expensive Residential Home Sale in Hawaii
The following is from the February 2008 edition of Unique Homes Magazine:
Hawaii Estate Sets Record
Hawaii’s crème de la crème of high-end waterfront estates, an 8-acre paradise within the Mauna Kea Resort in South Kohala on the Big Island, has sold for a record $29 million. “To my knowledge, this is the largest residential sale [in Hawaii] with no residual land to develop attached to the home,” says independent agent Ric Rocker, who represented the listing.
Perched 50 feet above the ocean with approximately 455 linear front feet, the 21,000-plus-square-foot estate, including lanai and accessory spaces, was “designed with an incredible amount of forethought. The owner would go down there in the morning, the afternoon, the sunset, until he got the feel of the land, the way the wind blew, where the sun set; he built the house based on the realities of nature and the property itself,” comments Rocker. Ocean vistas abound for 180-plus degrees, but seclusion is the property’s No. 1 asset—it lies behind three security gates with 24-hour patrol, as well as between a 3-acre archeological preserve to the front and 2.5 acres of “naturalized common element” to the back.
Within this bubble, the new owner will enjoy a main lodge, a separate master suite building, three guesthouses with three bedrooms each, a separate gym with steam and massage and additional recreational features such as an 80,000-gallon, manmade, stocked saltwater stream.
With yet another noteworthy sale under his belt despite the current real estate slump, Rocker foresees only good things for his current home state. “Real wealth, real money who are looking for a place to have their third, fourth, et cetera home, they will all consider Hawaii. This place is bloody paradise.”