$45M mansion sale reflects hot Hawaii real estate market | Real Estate
HONOLULU — A San Francisco investment banker recently sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million.
The cash sale of the oceanfront house in Kihei reflects a hot Hawaii real estate market fueled by a pandemic that has made the islands a desirable place to isolate and work remotely. According to property records, it has eight bedrooms, eight full bathrooms and two half bathrooms and features a pool and jacuzzi.
The median price of a Maui home topped $1.1 million in June. The price of the home — purchased by Adam Weiss and Barret Swatek on July 30 — is the second-highest sale in Hawaii history, said their agent, Anne Hogan Perry of real estate company Compass. The most expensive single-family residence was…