Windsurfing legend lists expansive Hawaii estate for $18M

[UKSurf]

Probably like alot of entrepreneurs he has had his cashflow hit by the pandemic. 18 million is alot of money. From what I understand alot of the super rich in the US are moving out of LA and NYC, so that might well increase demand. I would imagine he has a pretty prime piece of real estate. Robby Naish is certainly one of the most charasmatic legends in the watersports world.

[purdyd]

Naish and his wife, Katie, bought the property as an empty lot in 2000 for $1.85 million, and built the home in 2005. The two have since divorced and have decided to sell.

My guess, divorce has something to do with it.

https://www.thetelegraph.com/realestate ... 845134.php

[UKSurf]

Naish and his wife, Katie, bought the property as an empty lot in 2000 for $1.85 million, and built the home in 2005. The two have since divorced and have decided to sell.

My guess, divorce has something to do with it.

https://www.thetelegraph.com/realestate ... 845134.php

If you are worth a few million you want to try to marry someone else with a few million incase it goes wrong.

[Matteo V]

Naish and his wife, Katie, bought the property as an empty lot in 2000 for $1.85 million, and built the home in 2005. The two have since divorced and have decided to sell.

My guess, divorce has something to do with it.

https://www.thetelegraph.com/realestate ... 845134.php

If you are worth a few million you want to try to marry someone else with a few million incase it goes wrong.

Remember, it's not always split 2 ways. If you are in more modest income brackets, it's actually split 4 ways. 1/4 for you, 1/4 for your spouse, 1/4 for your spouse's lawyer, 1/4 for your lawyer.......that's if you are lucky.

So don't think you only need to exercise caution if you are rich.

[JakeFarley]

$18 million seems cheap for 73 acres of prime property. Prime waterfront property here in Florida sells for a whole lot more per acre (if you can find one with acreage).

[Toby]

$18 million seems cheap for 73 acres of prime property. Prime waterfront property here in Florida sells for a whole lot more per acre (if you can find one with acreage).

beach or rock makes a difference

[Matteo V]

$18 million seems cheap for 73 acres of prime property. Prime waterfront property here in Florida sells for a whole lot more per acre (if you can find one with acreage).

beach or rock makes a difference

Definetly no beach there. And being directly on a public beach can have its drawbacks too. Maybe Robby is moving to a house with a private sand beach.

[fernmanus]

$18 million seems cheap for 73 acres of prime property. Prime waterfront property here in Florida sells for a whole lot more per acre (if you can find one with acreage).

Other parts of Maui go for much more per acre. There are a couple reasons that land is relatively cheap on the north shore of Maui:
1. Limited Access - the 2 lane (and in a lot of places, 1 lane) highway is a popular scenic drive for tourists, so getting to and from your home can be a traffic jam almost every day.
2. Rain - notice how green his property looked in the listing photo? That is because it gets buckets of rain. Depending on where his property is located we are talking 200 to 300 inches of rain a year. A lot of people move to Haiku or the north shore and leave several years later because they get tired of the daily rain.

So yes, it is a tropical paradise, but access and weather are a lot lot nicer on other parts of the island.

[kct]

1.85M in 2000 selling for 18M now? wtf I'll never be able to own a house

[rtz]

He could consider coming over to the mainland and going mobile in an RV. Hit up Hood River and Florida in their prime months and Texas Coast and OBX the rest of the time.