US$45M mansion sale reflects hot Hawaii real estate market

The cash sale of the oceanfront house in Kihei reflects a hot Hawaii real estate market fueled by a pandemic that has made the islands a desirable place to isolate and work remotely.

The price of the home — purchased by Adam Weiss and Barret Swatek on July 30 — is the second-highest sale in Hawaii history, said their agent, Anne Hogan Perry of real estate company Compass.

The pandemic wasn’t the main reason the Malibu, California, couple chose the home, Perry said.

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