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Kahala Avenue Homes with Statue Gardens & Museum - Part 2 of Kawamoto's "Kahala Avenue Mission"
Japanese billionaire Genshiro Kawamoto, aged 79, is making headlines yet again, and causing quite a stir on Oahu, particularly in the prestigious luxury home neighborhood of Kahala on Oahu. Kawamoto is known to be a little eccentric, bizarre even, and is not favored by many Kahala residents. Kawamoto has been the subject of a lot of negative media coverage over the years with communities and neighborhood boards registering complaints and even individual lawsuits against the real estate tycoon.
Kawamoto first hit the Hawaii real estate scene in the late 80's during what is known as the "Japanese bubble." At this time, the US dollar was down and many foreign investors, especially the Japanese, were buying up high-end luxury Oahu real estate in a frenzy. Kawamoto aquired many properties in the period 2002-2006, and now owns more than 20 luxury homes on Kahala Avenue, most purchased for between $2 and $10 million. Kawamoto went on to purchase, in September 2010, an impressive acre and a half beachfront estate at 4653 Kahala Avenue with a price tag of $22 Million. He had already brought the property next door and also another just down the road. In 2010, he also put several of his ... more

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