
The Makena estate closed at $18.5 million on Oct. 21, 2026, a $6.35 million drop from its 2024 listing price. The 4,544‑sq‑ft property sits on 1.1 acres overlooking the Pacific, and the sale marks the biggest on‑market residential deal in Hawaii this year.
The 1991‑built home was bought by a family for $8.05 million in 2014, then gutted in 2020 to strip out dated finishes. Owner and her mother partnered with KLC Design & Build, a woman‑led firm, to rebuild the space around its coast‑centric character.
Shell reef limestone, avocado wood, and seaglass dominate the interiors, while a retractable glass wall opens living rooms to the sea. A custom surfboard light fixture and lava‑rock showers add unmistakable Hawaiian flair. The finished home was sold furnished, sparing the new owner from another costly interior makeover.
Luxury sales above $10 million in Hawaii fell 50 percent last year, and this 25.6 percent price cut underscores the market’s tightening. Analysts say buyers now demand proven location and design before committing, and the Makena deal may prompt sellers to trim expectations ahead of 2027’s catalogues.