Jeff Bezos Pays $78 Million For 14-Acre Secluded Corner Of Maui That Includes A Private White Sand Beach

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splits: 21

A month in the past, an outlet referred to as Pacific Business News reported that Jeff Bezos had acquired a property in Maui. Their article did not comprise a lot details about the house or property, it primarily mentioned Jeff’s philanthropic contributions to a wide range of Maui organizations and the truth that he’s simply the most recent tech billionaire to purchase land on the island.

Right now, Dirt.com pieced together a couple of extra particulars of Mr. Bezos’ Maui getaway.

Listed here are the broad strokes:

  • It is a 14-acre property in southwest Maui overlooking La Perouse Bay
  • The property is technically seven contiguous parcels of land
  • The vendor is a Colorado power tycoon named Doug Schatz
  • The principle home is 4,500 sq. toes
  • There is a 1,700 square-foot visitor home, a number of different buildings and a pool

And, most significantly, the acquisition worth?

$78 million

My fast googling provides me the impression that’s the most costly dwelling ever bought in Maui.

One other enjoyable element dug up by Dust.com is the truth that Doug Schatz initially acquired what was then an undeveloped property in 1996 with a bunch of companion traders. They paid a mixed complete of $4.2 million for the 14 acres. Two years later Doug purchased out his companions and proceeded assemble the present buildings. These buildings had been accomplished in 2004.

This transaction between Bezos and Schatz was completely off-market. A actual property agent wasn’t even used. So there aren’t any itemizing images obtainable, BUT! I discovered some nice drone movies of La Perouse Bay on YouTube. And Two of those drone movies supply some nice footage of Jeff Bezos’ new compound from the sky.

Drone Video #1:

This drone does an ideal cross above Jeff’s new property beginning across the 3 minute mark and persevering with by means of the 5 minute mark:

Drone Video #2:

Quick ahead to the three minute 10 second mark. The drone flies proper over the property round 3:25. This video additionally provides a basic concept of the fantastic thing about this space:

The Bezos Property Portfolio

This $78 million Maui property is the most recent in Jeff’s spectacular actual property property portfolio. Exterior of Maui he owns the next properties:

Beverly Hills: On February 12, 2020, it was revealed that Jeff paid $255 million for 2 separate properties in Beverly Hills. One property is a 10-acre property within the coronary heart of Beverly Hills with a 13,600 square-foot mansion. This property price $165 million. The vendor was music mogul David Geffen. The second property was a 120-acre vacant hilltop lot additionally in Beverly Hills called Enchanted Hill.

He owns two different Beverly Hills mansions. One which was acquired in July 2018 for $13 million, the opposite which was acquired in 2007 for $24.5 million.

In order that’s round $300 million in California alone. Which suggests yearly Jeff’s California property tax invoice involves round $3 million… for individuals who declare he does not pay taxes 🙂

Washington D.C.: In 2018 Jeff paid $23 million for a former museum that had been transformed right into a 27,000 square-foot non-public mansion.

Medina, Washington: In 1999 Jeff and his then-wife MacKenzie paid $10 million for a 5-acre property in suburban Seattle. Six years later they paid $50 million for the mansion subsequent door to create a household compound.

Different: 

  • 300,000 acres over a number of Texas ranches
  • Three items in a NYC constructing positioned at 25 Central Park West


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