Wealth in Real Estate: Paul Allen’s Hawaii property sells for $ 43 million; Oprah’s house received $ 14 million on Orcas Island



Paul Allen of the University of Washington in 2017 (Photo via GeekWire / Todd Bishop)

According to reports from Hawaii and the Orcas Islands, Washington, high-priced real estate with connections to the Northwest has changed hands for the most money.

The property, owned by the late billionaire Microsoft co-founder Paul Allen and the current billionaire media mogul Oprah Winfrey, has new owners and sales between them totaled $ 57 million.

Here are the details:

  • $ 43 million for Allen’s Hawaii estate: Pacific Business News Allen’s sprawling 22-acre property in Kailua-Kona, on the western side of Hawaii’s Big Island, was reported this week for a whopping $ 43 million. This amount is reported by PBN as the second highest price ever recorded for a residential home in Hawaii and the highest price for a home in Hawaii. The report, citing Hawaii County tax records, said the Allen estate’s largest site is 10.3 acres. This includes a main home of 9,080 square feet of living space, five bedrooms, 5.5 bathrooms, and a swimming pool. There is also a second 2,968 square foot home with six bedrooms and 5.5 bathrooms and a third 480 square feet building. Allen originally paid $ 11 million for the property in 1997. The name of the new buyer was not disclosed. Allen died in 2018 and left behind many assets including real estate, professional sports teams, a private art collection, museums and more. year 2012 YouTube video shows his mega yacht Octopus off the coast of Kona land.
  • $ 14 million for the Oprah Orcas retreat: Telegraph tycoon Oprah Winfrey’s 43-acre plot on Orcas Island in the San Juan Islands, Washington, was sold for $ 14 million, according to the agency. Puget Sound Business Magazine… Winfrey paid $ 8.3 million for a property called Madroneagle in 2018 without visiting, the magazine said. Located on Catspoe Lane, PSBJ said the “gated island preserve” includes a 10,251 square foot main mansion that Winfrey remodeled. There are a few more houses, half a mile of promenade and beach, a greenhouse, a huge store, and a mother-in-law’s apartment. The property was not officially listed and the buyer was named Lofodites LLC.


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