Sorry, I didn’t have the winning bid, I even lost the side bet, but it was still a great event. The setting, Ocean front at Keauhou Bay, the catering (Amy Ota), the Mimosa’s, the Kona brew, the coffee, the crowd, the weather, all fantastic!
Press Release: November 12th Auction Without Reserve Of The Stunning, Historic 2.95-acre Oceanfront "Hale Kai" Estate On The Big Island Of Hawaii
Built in the 1950s by famed architect Vladimir Ossipoff, this secluded tropical retreat with 400 feet of ocean and bay frontage on the shores of Keauhou Bay, will sell to the highest bidder in cooperation with Coldwell Banker Maryl Realty and Mauna Kea Realty
Final price after a 3 minute delay at the end: $4,400,000.00
I was a little surprised, previously listed at $11,500,000.00
Previously sold prices had topped over $6,000,000.00, so I had expected it to break the $5,000,000 mark (hence the lost bet)
Congratulations to the winning bidder, we wish you the best on this spectacular purchase. (Rumor is, he is keeping it the same, just a family retreat area)