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$45M mansion sale reflects hot Hawaii real estate market

Barret Swatek
Posted at 2:28 PM, Aug 05, 2021
and last updated 2021-08-05 17:28:56-04

HONOLULU (AP) — A San Francisco investment banker has sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million.

The cash sale of the eight-bedroom oceanfront residence reflects a hot market where the median price of a Maui home tops $1.1 million.

According to Adam Weiss and Barret Swatek's real estate agent, the price of the home they purchased is the second-highest in Hawaii.

The most expensive single-family residence sold for $46.1 million on Kauai in 2018. But that home is on more than 15 acres, while the Maui property sits on less than an acre.