Famed actress, Julia Roberts, has put her beachfront property on Hanalei Bay up for sale for $29,850,000. According to public records, she purchased the property back in November of 2011 for $13,375,000. This unique 2.01-acre property is actually two combined lots, which offers a buyer the rare ability to receive more than 200 feet of beachfront real estate in Hanalei Bay, in one of the more desirable locations within the bay.
According to the sale listing detail, the property was originally purchased back in 1915 by a prominent sugar plantation manager named Hans Peter Faye. Due to the property being two legal lots, it is reported that up to a total of 9,000 SF may be constructed, as apposed to the typical 4,500 SF for an individual lot, which would allow a buyer to more than double the 3,792 SF of improved space currently constructed.
Julia Roberts is one of many established celebrity owners on Kauai’s North Shore, along with Bette Midler, Pierce Brosnan, Ben Stiller, and more. Celebrities continue to purchase real estate on Kauai, with Mark Zuckerberg, Chuck Norris and Oakley founder, James Jannard, having all made purchases in the last 7 months.
Listing detail for Julia Roberts’ property in Hanalei Bay can be found below…
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