April 6, 2015 @ 4:15 pm
By: ZILLOW.COM
Below is an excerpt from “Julia Roberts Reportedly Asks $30M for Hawaii Estate,” which originally appeared on zillow.com. Read the full story at zillow.com/blog.
Julia Roberts has listed her Hanalei, HI estate with more than 200 feet of beachfront for $29.85 million, Pacific Business News reports.
The estate, which the actress bought for $13.4 million in 2011, is called “The Faye Estate” for the sugar plantation manager who bought it in 1915, four decades before Hawaii became a state.
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“H.P. Faye had the vision and the finances to purchase not one but two lots in the best part of the Bay,” according to the listing, which is held by Neal Norman of Hawai’i Life Real Estate Brokers.
The 2-acre property has views “mauka and makai,” meaning toward the mountains and seaward.
The 3,792-square-foot home was built in 1946 and has 7 bedrooms and 4 bathrooms. Building may be permitted for up to 9,000 square feet for more buildings and a pool.
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“Today, almost all of the lots on Hanalei Bay have been subdivided, and many of the original large estates are gone,” the listing says. “The Faye property is one of a few parcels that retain the large, open feel and the only one that is available for sale.”
Chuck Norris and Mark Zuckerberg bought in the area recently, as did a hedge fund partner, according to Pacific Business News.
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