Hawaii's highest-price home sale is a six-building, 10-bedroom compound

[Dos Equis]

Hawaii's highest-price home sale is a six-building, 10-bedroom compound in gated resort
National Post

Published: Saturday, September 22, 2007
A six-building compound on Hawaii's Big Island was sold late last month for US$29-million, the Wall Street Journal reports. That may be the highest-ever home sale for the state. The property, a 10-bedroom compound on 2½acres, is inside the gated Mauna Kea Resort on the Kohala coast. It had been listed at US$35-million. In 1997, the land was purchased for US$6-million, and the more than 17,000-square-foot home developed over four years. It includes a main lodge with public rooms but no sleeping quarters, a separate master suite, three guest houses with three bedrooms each, and a separate exercise building with a steam room. There's also an 80,000-gallon, man-made saltwater stream stocked with fish and a wine cellar with a 2,000-bottle capacity.

http://www.canada.com/nationalpost/specials/posthomes/story.html?id=b8854ce4-2118-45d1-8ad6-a582923c617d

[WOOO]

hawaii is amazing, i was at the grand wailea resort for a week in january and i can attest to how amazing the experience was

[Al-Gebra]

do you have any pictures of the compound?

[affy]

onlyme probably knows a guy who knows the owners maids granddaughters gynecologist

[WOOO]

onlyme probably knows a guy who knows the owners maids granddaughters gynecologist

onlyme probably ate there

[Al Doggity]

That's a lavish home, but I've lived in NY for too long. I was expecting something like $100 million.

When I was looking for my apt a little while ago, I really got along with my broker, so she took me to see a few places that I could never afford. (Afterall, I am a New Yorker and I'm obsessed with real estate like any true New Yorker.) One of the places she wanted me to see was a penthouse at a hotel called the Pierre that's listed for $70 mil, but the building does a financial background check on you before you can even view it. She showed me another apartment in the building... well, this isn't the same one, but check it out. It's 12mil and it's smaller than the house I grew
up in. And I don't even find this ridiculous.


http://douglaselliman.com/Listings.aspx?ListingID=843073&rentalperiod=&SearchType=apartments&Region=NYC

[onlyme]

onlyme probably knows a guy who knows the owners maids granddaughters gynecologist

No but I do know the Hemmeters and they had at one time their home on Black Point was on the market for $90 million.  It was listed in the top ten most luxurious homes on the show Lifestyles of the Rich and Famous.  I know they were trying to sell their other Kahala home at one time for $25 million and I think it sold for only $12 million.  DO you need to know anymore.  You guys are making it easy for me.  And that home is far from the most expensive home in Hawaii.  Joe Nicoli's house in Lanikai is way more than that I bet, if it is done.  It has a 25 car garage on the most beautiful beach in Hawaii.

[onlyme]

Hawaii's highest-price home sale is a six-building, 10-bedroom compound in gated resort
National Post

Published: Saturday, September 22, 2007
A six-building compound on Hawaii's Big Island was sold late last month for US$29-million, the Wall Street Journal reports. That may be the highest-ever home sale for the state. The property, a 10-bedroom compound on 2½acres, is inside the gated Mauna Kea Resort on the Kohala coast. It had been listed at US$35-million. In 1997, the land was purchased for US$6-million, and the more than 17,000-square-foot home developed over four years. It includes a main lodge with public rooms but no sleeping quarters, a separate master suite, three guest houses with three bedrooms each, and a separate exercise building with a steam room. There's also an 80,000-gallon, man-made saltwater stream stocked with fish and a wine cellar with a 2,000-bottle capacity.

http://www.canada.com/nationalpost/specials/posthomes/story.html?id=b8854ce4-2118-45d1-8ad6-a582923c617d

What about the Kaiser Estate in Portlock that sold for $40 million back in the 90's.  He didn't even own the land.  Bishop Estates owned it and was going to charge the owner another $40 million to buy the fee.  The owner said fuck you and gave them back the house for nothing.  SO then the Bishop was stuck with a $80 million piece of property that I think they divided now. 

[Al-Gebra]

No but I do know the Hemmeters

I thought Chris Hemmeter died a few years ago . . .

[onlyme]

I thought Chris Hemmeter died a few years ago . . .

I never heard he died.  He sold everything in Hawaii and moved to Bel-Air (West Gate).  I went t the house once.  He bought Kelly the house next door which was a dump.  CHris's house looked like the Bevery Hillbillies house.  It was awesome.  I went to go see Kelly.  The houses are on the Riviera Country Club.  As I went down the driveway to Kellys house I thought it was abandoned.  But as I got closer she came out.  The place was not in very good shape.  Well I went inside and thats when she told me it was Elvis Presleys house.  It had all kinds of holes in the walls and missing doorknobs and everything.  Before they bought the house, people came and would take whatever they could.  The only thing left was this huge custom made couch.  It was huge.  Then she took me into one of the bedrooms and in the middle of the room was one of those models they have when they build a big hotel or building so you can see what it will look like.  She said that was what her house was going to look like.  It was very nice.  I haven't been back since nor I have talked to Kelly since.  That was around 1997 or so.  So maybe he did die.  She was married to an old friend Rich Miano who coaches nor for the UH Warriors and played with the Eagles.  I think she married after that the kid from Wonder Years (not Fred Savage)

[body88]

Boston, Hawaii, San Fran and NYC are so expensive. A parking spot just sold in Beacon Hill ( Very expensive part of Boston) for close to 200,000. Im talking a 10 foot by 8 foot patch of concrete for 200 grand. A tiny studio apt will cost you over 450k in that neighborhood. The brownstones range from 3 million to over 30 million.

[onlyme]

Boston, Hawaii, San Fran and NYC are so expensive. A parking spot just sold in Beacon Hill ( Very expensive part of Boston) for close to 200,000. Im talking a 10 foot by 8 foot patch of concrete for 200 grand. A tiny studio apt will cost you over 450k in that neighborhood. The brownstones range from 3 million to over 30 million.

The condo complex next to mine had a 500 sq. ft. studio above the restaurant that sold a few years ago for $500,000.  I'm not sure why that paper said it was the most expensive house sold in Hawaii.  They are way off.  And I'm not sure but I read the description of that house and it might be Michael Dell's house of Dell computer.  If it isn't then it is his neighbor but I think it might be his.  He had just bought the Four Seasons out there which is right next to his house.  Him and Bill Gates met out there about a year and a half ago.  My friend is a security guard at Dell's house and she described it to me and this may be it.  But, it is not the most expensive house sold in Hawaii.  There are houses out on the Kohala Coast that cost that much to build just about.

[Dos Equis]

I never heard he died.  He sold everything in Hawaii and moved to Bel-Air (West Gate).  I went t the house once.  He bought Kelly the house next door which was a dump.  CHris's house looked like the Bevery Hillbillies house.  It was awesome.  I went to go see Kelly.  The houses are on the Riviera Country Club.  As I went down the driveway to Kellys house I thought it was abandoned.  But as I got closer she came out.  The place was not in very good shape.  Well I went inside and thats when she told me it was Elvis Presleys house.  It had all kinds of holes in the walls and missing doorknobs and everything.  Before they bought the house, people came and would take whatever they could.  The only thing left was this huge custom made couch.  It was huge.  Then she took me into one of the bedrooms and in the middle of the room was one of those models they have when they build a big hotel or building so you can see what it will look like.  She said that was what her house was going to look like.  It was very nice.  I haven't been back since nor I have talked to Kelly since.  That was around 1997 or so.  So maybe he did die.  She was married to an old friend Rich Miano who coaches nor for the UH Warriors and played with the Eagles.  I think she married after that the kid from Wonder Years (not Fred Savage)

He died in 03:  http://the.honoluluadvertiser.com/article/2003/Nov/28/br/br01p.html  That guy did pretty darn well.  Blew his money here though. 

Miano is divorced and is engaged to somebody else.