HONOLULU — A San Francisco investment banker recently sold his Maui mansion to a retired hedge fund CEO and a Hollywood actress for $45 million.
The cash sale of the oceanfront house in Kihei reflects a hot Hawaiʻi real estate market fueled by a pandemic that has made the islands a desirable place to isolate and work remotely. According to property records, it has eight bedrooms, eight full bathrooms, two half bathrooms and features a pool and jacuzzi.
The median price of a Maui home topped $1.1 million in June. The price of the home — purchased by Adam Weiss and Barret Swatek on July 30 — is the second-highest sale in Hawaiʻi, said their agent, Anne Hogan Perry of real estate company Compass.
The most expensive single-family residence was for $46.1 million on Kauaʻi in 2018. Perry noted that the home is on 15.3 acres, while the Maui property is less than an acre.
The pandemic wasn’t…