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Ousted Men’s Wearhouse Founder Is Downsizing in Hawaii — to Neil Young’s $20M Pad

March 29, 2016 By Mark G. Howard Leave a Comment

Ousted Men’s Wearhouse Founder Is Downsizing in Hawaii -- to Neil Young’s $20M Pad

Ousted Men’s Wearhouse Founder Is Downsizing in Hawaii — to Neil Young’s $20M Pad

Michelle Huffman
December 9, 2015
You’re gonna like the way you look here. We guarantee it.

Who wouldn’t look good in a 10,000-square-foot mansion right on the Hawaiian coast?

Former Men’s Wearhouse CEO George Zimmer—popularly known for promising in TV spots “You’re gonna like the way you look; I guarantee it”—has listed the property at $35 million, the Los Angeles Times reports. The 7.5 acres comprise 10 parcels on the northwestern edge of the Big Island.

The men’s clothing magnate is downsizing as only the wealthy can: He’s moving to the 2-plus-acre, 3,000-square-foot home that Neil Young just sold him for $20 million. It’s just seven miles up the beach.

Zimmer’s property, which neighbors the Mauna Lani Resort, is one of the largest privately owned oceanfront properties on the Kohala Coast, according to the listing.

The mansion was built in 1995 by Hawaiian architect Lucky Bennett, who basically established the “Kona Coast” style: open rooms connected to extensive lanais (the Hawaiian word for porches), maximizing ocean views, plus native woods integrated throughout. It’s sort of midcentury modern with a tropical flair.

The house has seven bedrooms, nine bathrooms, a media room, and a billiard room with wet bar. Outside there’s a pool and spa, plus 1,000 feet of ocean frontage.

Zimmer has been through a rough patch the past couple of years. The Men’s Wearhouse board unceremoniously dumped him as executive chairman in 2013 amid complaints that he “wouldn’t accept anything other than full control” of the company he’d founded in 1973 but taken public in the 1990s.

The ouster of Zimmer, who has amassed quite the fan base over the decades because of his catchphrase, set off a firestorm on social media.

He hasn’t stayed down long, though. He has a new venture called zTailors, a website and app to connect the frumpy with the fixers-of-frump – tailors who make house calls.

And Zimmer’s new home ain’t too shabby, even if it is downsized. It has four bedrooms and six bathrooms, and it sits on a craggy beach with just a little less ocean frontage – about 800 feet.

Maybe that’s just as well. It’s not like salt water is great for suits.

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Filed Under: Blog, Celebrity Properties, Celebrity real estate, Luxury real estate Tagged With: Celebrity home Honolulu, Celebrity Homes Honolulu, Luxury Estate Honolulu, Luxury Experiences Honolulu, Luxury Home Honolulu, Luxury Homes Honolulu, Luxury Honolulu, Luxury Living Honolulu, Luxury Mansion Honolulu, luxury real estate Honolulu, Luxury Villa Honolulu, LuxuryHomes Honolulu, LuxuryHomes.com Honolulu, Mansion Honolulu, Million Dollar Estates Honolulu, Million Dollar Home Honolulu, Most expensive Honolulu, Ocean View Honolulu, Penthouse Honolulu

Kailua estate near President Obama’s vacation home is on the market for $28M

February 14, 2016 By Mark G. Howard Leave a Comment

51A sprawling 2.5-acre Hawaii oceanfront estate located near President Barack Obama’s vacation home is on the market for $28 million.

Located at 51 Kaikea Place in Kailua in Windward Oahu, the estate includes three homes, including a main residence, a guest home and a caretaker home, designed by Hawaii architect Fritz Johnson.

The homes were renovated in 2008, containing a total of 7,851 square feet of living area, 4,466 square feet of open lanai area, 1,121 square feet of storage space and 870 square feet of garage/carport areas. All fixtures, furniture and equipment are included in the sale, excluding the paintings.

Scott Eden of Newmark Grubb CBI is representing the owner in the sale. Property records show that “51 Kaikea LLC,” is the owner of the property, with Keiichi Kojima as its manager.

The property, which includes a total of four parcels, has a total assessed value of about $24.3 million, according to tax records. In 2008, the main parcel was purchased by 51 Kaikea LLC for $22 million, with two adjacent parcels purchased for $4 million.

“[The owner] spent $7 million to remodel the property, and to build a caretaker’s house on one of the front parcels,” Eden told PBN in an email, noting that the property was previously listed in January for $38 million.
The sale also includes the two adjacent 10,000-square-foot parcels in front of the main gate that may be used for additional residences.

“Land of this sheer size is becoming increasingly hard to find on Oahu, particularly in such a desirable location,” Eden said.

President Obama and his family arrived in Hawaii this past weekend for their annual family vacation, and the 51 Kaikea Place estate is located less than five minutes away from their vacation compound in Kailua.

Duane Shimogawa
Reporter
Pacific Business News

51a

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Filed Under: Blog, Celebrity Properties, Celebrity real estate, Featured Blog, General Real Estate, Kailua, Luxury Condos for sale, Luxury real estate, luxury real estate Oahu Tagged With: Celebrity home Honolulu, Celebrity Homes Honolulu, Luxury Estate Honolulu, Luxury Experiences Honolulu, Luxury Home Honolulu, Luxury Homes Honolulu, Luxury Honolulu, Luxury Living Honolulu, Luxury Mansion Honolulu, luxury real estate Honolulu, Luxury Villa Honolulu, LuxuryHomes Honolulu, LuxuryHomes.com Honolulu, Mansion Honolulu, Million Dollar Estates Honolulu, Million Dollar Home Honolulu, Most expensive Honolulu, Ocean View Honolulu, Penthouse Honolulu, President Barack Obama

Sylvester Stallone’s former Hawaii estate sold to GoPro’s first hire for $5.4M

February 10, 2016 By Mark G. Howard Leave a Comment

Sylvester Stallone's former Hawaii estate sold to GoPro's first hire for $5.4M

Sylvester Stallone’s former Hawaii estate sold to GoPro’s first hire for $5.4M

A Hawaii estate once owned by actor Sylvester Stallone, who is currently starring in the latest “Rocky” series film “Creed,” has been sold to camera maker GoPro Inc.’s first employee, according to public records.

Stallone purchased the four-bedroom, four-bathroom home on the island of Kauai’s North Shore back in 1984 for $1.75 million, and sold it in 1999.

The 3,212-square-foot ” Banana Beach House,” which is located on a 13,801-square-foot parcel in Hanalei, was purchased by Banana House LLC for $5.45 million in a deal that closed in late October. The estate has a total assessed value of about $3.5 million, according to tax records.

Banana House was formed by Neil Dana, a college roommate of GoPro founderNick Woodman, who became the first hire for the publicly-traded company that is based in California.

Banana House’s tax bill address lists an address in Half Moon Bay, California, the initial headquarters of GoPro.

Dana made headlines earlier this year after Woodman stuck to his promise to give him a portion of shares of the company, which is valued at nearly $230 million, according to Bloomberg.

Dana is currently the music director for GoPro.

Woodman himself recently purchased property in Hawaii on the North Shore of the island of Oahu.

Duane Shimogawa
Reporter
Pacific Business News

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Luxury_Oahu_Estates_$6M -_$8M
Luxury_Oahu_Estates_$8M – 10M
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Filed Under: Blog, Celebrity Properties, Celebrity real estate, Featured Blog, General Real Estate, Luxury Condos for sale, Luxury real estate, luxury real estate Oahu Tagged With: Celebrity home Honolulu, Celebrity Homes Honolulu, GoPro founder Nick Woodman, Luxury Estate Honolulu, Luxury Experiences Honolulu, Luxury Home Honolulu, Luxury Homes Honolulu, Luxury Honolulu, Luxury Living Honolulu, Luxury Mansion Honolulu, luxury real estate Honolulu, Luxury Villa Honolulu, LuxuryHomes Honolulu, LuxuryHomes.com Honolulu, Mansion Honolulu, Million Dollar Estates Honolulu, Million Dollar Home Honolulu, Most expensive Honolulu, Neil Dana, Ocean View Honolulu, Penthouse Honolulu, Sylvester Stallone

Former home of legendary surfer Duke Kahanamoku for sale

December 8, 2015 By Mark G. Howard Leave a Comment

royal01From the moment you step in the door you’re captivated. With a bird’s eye view of the break, it’s obvious what drew the father of surfing, Duke Kahanamoku, to this property well over a half century ago.

The history of this four-bedroom, four-and-a-half-bath luxury home dates back to 1937. Although it’s been updated, it was important to the current owner that spirit of the famed surfer not be lost.

“He wanted to respect what was here,”

Before Gordon Thompson did any construction, the executive vice president of Nike had a Hawaiian minister come in and bless the lot.

“The minister said do not take any of the rocks away from the property and they didn’t. Every single rock is still here in the walls,” said Chang.

The original foundation of the home is still intact along with Duke’s and his wife Nadine’s hand prints fixed in stone near the infinity pool in the backyard. A tree in the oceanside garden was given to Kahanamoku by the former emperor of Japan.

“These are black lacquered floors that were here when Duke had the house. Your staircase that you have here and the wall are all part of the original house,” said Chang.

Among the home’s many features are a spacious lanai, an open concept kitchen with a bar, dining room and three guest suites. The master features a sitting room, soaking tub, and outdoor shower.

The home can be yours for an asking price of $8,875,000.

https://shopoahuproperties.idxbroker.com/idx/details/listing/b119/201521126/114-Royal-Circle-Honolulu-Hawaii-96816-201521126

http://www.hawaiinewsnow.com/story/30655635/former-home-of-legendary-surfer-duke-kahanamoku-for-sale

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Luxury_Oahu_Estates_$8M – 10M
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Filed Under: Blog, Celebrity Properties, Featured Blog, Luxury real estate, luxury real estate Oahu Tagged With: Celebrity home Honolulu, Celebrity Homes Honolulu, Luxury Estate Honolulu, Luxury Experiences Honolulu, Luxury Home Honolulu, Luxury Homes Honolulu, Luxury Honolulu, Luxury Living Honolulu, Luxury Mansion Honolulu, luxury real estate Honolulu, Luxury Villa Honolulu, LuxuryHomes Honolulu, LuxuryHomes.com Honolulu, Mansion Honolulu, Million Dollar Estates Honolulu, Million Dollar Home Honolulu, Most expensive Honolulu, Ocean View Honolulu, Penthouse Honolulu

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