Diamond Head Estate Sells for $8,750,000 Cash

3239-noela-st

Diamond Head claimed another large sale this week. This is following a trend of the high end buyers realizing some great buys in this exclusive neighborhood. 3239 Noela St. closed for $8,750,000. The 10,544 square foot home that sits on over an acre was the former home of Jack Myers a local developer that moved to the San Francisco Bay Area. He sold this back in 2000 for $9 million. I’d say close to 99% of the homes on Oahu are worth more today than they were in 2000. Someone got a good buy here!

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3 Responses to “Diamond Head Estate Sells for $8,750,000 Cash”

  1. Les Abbott
    September 27, 2009 at 3:19 pm #

    If you have any intrest in me living at the Guest Quarters and taking care of the property ,Please advise.
    My family has a home in Wailiekii Ridge, Oahu Hawaii

  2. Aloha Tony
    September 28, 2009 at 1:09 pm #

    that’s a beautiful property David. One of the nicest in Oahu I’m sure. Some of my $5mil+ buyers are now getting ready to jump back into Hawaii real estate. I think they know the worst is over and Hawaii is still a great place to invest!

Trackbacks/Pingbacks

  1. Million Dollar Home Sales on Oahu Took a Big Hit in 2009 « Hawaii Real Estate Market - January 13, 2010

    [...] highest sale on Oahu also came down dramatically from 2008. 3239 Noela Drive sold for $8,750,000 which is a small fraction of a $22 million sale in Kailua and a $13 million [...]

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