Duane Shimogawa of Pacific Business News reports that Facebook founder Mark Zuckerberg is “likely buyer of a 357-acre beachfront estate” called Kahuaina Plantation on Kauai. The property was listed last year for $70 million. A sales presentation for the property reads:
Kahu’aina Plantation is a vast and pristine oceanfront property that offers the rare opportunity to create a stewardship to last for generations. Set atop the dramatic cliffs and serene shorelines of Kauai’i, Kahu’aina Plantation embodies everything alluring about the island — soaring coastal expanses, lush and sustainable land, gentle waves, and sandy beaches… The project’s entitlements and terrain allow for a flexible configuration of up to 80 homesites. Buyers may build the master planned development, a community of larger estates, or a beachfront family estate as a legacy property with embedded entitlements. Kahu’aina Plantation may be the last large beachfront parcel developed on Kaua’i.
PBN notes that Zuckerberg had previously bought several multi-million dollar units in the ONE Ala Moana luxury condominium project.