Maui's most expensive home ever, with a price tag of $27,000,000 was sold in Makena, only a few weeks ago. The new owner is Peter Thiel, co-founder of Paypal.
This property was sold before being listed. The Seller owned and enjoyed this home for almost 5 years; in 2006, he bought it for $19,200,000. Which comes to prove that the recession has not affected luxury real estate.
There have been 16 homes that sold in Maui, for more than $10,000, ever. Seven of them are located in Makena, five are located in Napili/Kapalua area and four are located in Kihei/Wailea area.
I need to look up the other co-founder of Paypal and sell him a house on the West Side, so they can have the island covered:-))) Good for me and good for them:-))