The oceanfront estate on the Valley Isle recently debuted on the market for $49 million. It is currently Maui’s most expensive piece of real estate and the second most expensive in Hawaii – right behind Kauai’s Hale ‘Ae Kai estate which is on the market for $70,000,000.
The eight-bedroom, 8.5 bath, 6,645-square-foot home at 9 Bay Drive sits on 9.96 acres on Hawea Point, overlooking Namalu Bay within the 22,000-acre Kapalua Resort. It belongs to Craig Ramsey, founder of cloud software company Vlocity and former board member of Salesforce. Ramsey purchased the property in 2000 for close to $14,000,000. He spent an additional $10,000,000 on a recent total home remodel with $500,000 alone going into the Ludowici tile roof.
Built in 1996 on the island’s west side, the Lahaina mansion was designed to “seamlessly blend the interiors with the tropical gardens and the panoramic ocean views,” according to the listing. The magnificent great room opens to a sheltered lanai and the pool deck below, all perfectly situated to watch Maui’s spectacular sunsets. The Maser Suite is a spa-like retreat unto itself, designed with a bath that opens to the view and the gardens. The Namalu Bay wing features four ocean view guest suites each with a private lanai. The Honolua wing features mirror bunk rooms and a media room.
This property is on the market for $49,000,000 with Sotheby’s International Realty.