Connect with us

Hawaii

WSJ News Exclusive | Postmates Co-Founder Wants $11.25 Million for Hawaii Home

Published

on

WSJ News Exclusive | Postmates Co-Founder Wants .25 Million for Hawaii Home


Be the primary to know concerning the largest and greatest luxurious house gross sales and listings by signing up for our Mansion Offers e mail alert.

Postmates co-founder

Bastian Lehmann

is asking $11.25 million for his absolutely furnished Hawaii house, automobile included.

Advertisement

The four-bedroom, roughly 5,000-square foot property is positioned on the Hualalai Resort within the expensive Kailua-Kona neighborhood on the west coast of the island of Hawaii, in keeping with itemizing agent Rob Kildow of Hualalai Realty. The property has Pacific Ocean views, he stated.

Bastian Lehmann in 2019.



Picture:

Steve Jennings/Getty Photos

Mr. Lehmann purchased the house furnished for about $7.3 million in February 2021 as a pandemic getaway, he stated. He stated he spent between $500,000 and $750,000 on renovations and extra furnishings. 

Advertisement

Designed in 2005 by San Francisco-based Zak Structure, the primary home has vaulted ceilings in its nice room and kitchen, stated Mr. Kildow. Its workplace, which doubles as a media room, has massive home windows, stated Mr. Lehmann. 

“The research has a built-in nook desk with an attractive wooden nook window, so you may sit going through the backyard or the [ocean] view,” he stated. 

Two visitor cottages and the primary home encompass a central courtyard. The roughly 1-acre lot has an outside pool with ocean views, and every bed room has a personal out of doors bathe fabricated from volcano stone, stated Mr. Lehmann. The property additionally affords coated patios, a sundown pavilion and an outside barbecue station, he stated. 

The home, which is being offered furnished, comes with two golf carts and a 1973

Volkswagen

Advertisement

Factor, which Mr. Lehmann purchased throughout his residence, he stated. The property additionally has a three-car storage, stated Mr. Kildow. 

“I don’t actually need to promote it,” Mr. Lehmann stated. However, he lately launched a Los Angeles-based client finance-industry firm, TipTop, which makes it tougher for him to journey, he stated. He and his spouse, whom he declined to determine, even have two younger kids and two puppies, he stated. They purchased a Malibu house for $19 million in October 2021 and made it their major residence, he stated. 

“We in all probability don’t have the identical flexibility we had even a yr in the past to go [to Hawaii] spontaneously,” he stated.

Advertisement

Initially from Germany, Mr. Lehmann co-founded Postmates, a tech firm recognized for supply providers, in San Francisco round 2011. The corporate was offered to Uber for $2.65 billion in 2020, he stated.

Two visitor cottages and the primary home encompass a central courtyard.



Picture:

Henry Houghton

The Hualalai Resort, which opened round 1996, has about 350 indifferent houses and rental models, stated Mr. Kildow, who stated most householders stay there part-time. Member facilities, which price about $55,000 a yr, embrace entry to 2 golf programs, spa services and tennis and canoe golf equipment, Mr. Kildow stated. 

Advertisement

It’s uncommon for the resort to formally record a property on the MLS, stated Mr. Kildow, who stated most properties have offered by phrase of mouth for the reason that begin of the pandemic as a result of excessive demand. Lately, gross sales have slowed, however costs stay robust, he stated.

“A number of the urgency is gone, however [there is] nonetheless extra demand than provide,” Mr. Kildow stated, including that he lately listed a rental unit close by for $4.3 million and obtained three affords in 5 days earlier than it went into contract for above asking value.

Write to Sarah Paynter at Sarah.paynter@wsj.com

Advertisement

Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Hawaii

Acclaimed Escher String Quartet returns to Hilo

Published

on

Acclaimed Escher String Quartet returns to Hilo






Source link

Advertisement
Continue Reading

Hawaii

Hilton Hawaiian Hotel workers end 40-day strike

Published

on

Hilton Hawaiian Hotel workers end 40-day strike


HONOLULU (HawaiiNewsNow) – Over 1,800 Hilton Hawaiian Hotel workers are expected to return to work tomorrow at 4 a.m. after they voted to end their strike on Nov. 4.

Workers at the hotel voted to ratify their new contract on ending a 40-day strike that began on Sept. 24.

The union says more than 3,200 Local 5 members at seven other hotels are still working without a contract and could strike at any time.

“Hawaiian Village have led all of us to an important & historic victory that puts hospitality workers and this community one step closer to making ‘one job enough’ a reality,” said Cade Watanabe, Financial Secretary-Treasurer.

Advertisement

“But our campaign continues until we have achieved settlements with Hyatt, Kyo-ya & Marriott – where more than 3,200 hotel workers have also authorized additional strikes if necessary.”

PREVIOUS COVERAGE:



Source link

Advertisement
Continue Reading

Hawaii

Here’s how you can map internet speeds across Hawaii

Published

on

Here’s how you can map internet speeds across Hawaii


HONOLULU (HawaiiNewsNow) – Lt. Gov. Sylvia Luke is encouraging Hawaii residents to participate in a program to help expand access to affordable high speed internet across the state.

The “Digital Detectives” campaign started on Oct. 22 and ends Nov. 4.

The initiative also focuses on young people participating in the process.

“We’re excited to launch Digital Detectives, an initiative that allows everyone in Hawaii to make a difference and contribute to digital equity across our state,” said Luke.

Advertisement

“By working together, we can create a comprehensive, statewide map of internet speeds that will help to prioritize resources and improve connectivity for under served areas. Internet access is a necessity for education, healthcare, business, and staying connected — and this initiative will help to ensure that all Hawaii communities have access to high-speed internet.”

The campaign is part of Connect Kakou initiative to expand access across the islands.

To learn more and take the 30 second speed test, click here.



Source link

Advertisement
Continue Reading

Trending