Business

Lisa Marie Presley's Former Kohala Coast Estate Listed for $17.5 Million

Hale Ohi'a, a Mauna Lani estate built with 250+ now-banned ʻōhiʻa logs and once Elvis's daughter's retreat, listed for $17.5M.

Sarah Chen2 min read
Published
Listen to this article0:00 min
Share this article:
Lisa Marie Presley's Former Kohala Coast Estate Listed for $17.5 Million
Source: robbreport.com

A six-bedroom estate within the Mauna Lani resort that once served as Lisa Marie Presley's private Kohala Coast retreat has been listed for $17.5 million, with listing agent Paul Stukin of Deep Blue HI reporting a dozen inquiries and eight serious buyers within days of the listing going public.

Known as Hale Ohi'a, the 8,178-square-foot residence at 68-1028 Honokaope Place sits on roughly two-thirds of an acre along the 12th fairway of the Mauna Lani South Golf Course, with views stretching toward the Pacific Ocean and the volcanic peaks of Mauna Kea and Mauna Loa. Stukin described the property as having a "Hawaiiana vibe" — a quality rooted as much in its materials as its setting.

The house, constructed in 2002, was built with more than 250 native ʻōhiʻa logs integrated throughout its structure. Those logs are no longer permitted for harvest under current regulations, making the timber work impossible to replicate. "The residence represents craftsmanship that cannot be recreated under modern construction," Deep Blue HI writes in the listing. "The timbers rise through woven lauhala ceilings and expansive living spaces, anchoring the home in Hawai'i's landscape and tradition." Interior finishes include African mahogany cabinetry, kiawe hardwood floors, and Italian porcelain, while walls of glass open to lanais, koi ponds, waterfalls, and a resort-style pool overlooking the fairway. The property's seven-and-a-half bathrooms round out the six-bedroom floor plan.

Presley, the only child of Elvis Presley, held the property through the Promenade Trust from 2010 to 2015, using it primarily as a private island retreat for friends and family. She died in 2023 at age 54. Mike and Patricia Splinter purchased the estate in 2015. Mike Splinter is the former chairman and CEO of Applied Materials, the semiconductor equipment giant, and the couple is well known in Silicon Valley philanthropic circles.

AI-generated illustration
AI-generated illustration

After eleven years as owners, the Splinters say their family's changing schedule drove the decision to sell. "We've enjoyed the home immensely for the past eleven years," Mike Splinter said. "As our children have grown and their lives have become busier, they aren't able to visit as often as they once did." Patricia Splinter framed the home's appeal in more elemental terms: "The Hawaiians call it the spirit of Ohana — a sense of family and belonging — and that feeling is very real in this house."

Ownership transfers with access to the Mauna Lani Beach Club, an oceanfront facility reserved for resort community residents and guests.

Stukin, who founded Deep Blue HI, has handled high-profile Big Island transactions before. Last summer he sold Roseanne Barr's 46-acre macadamia nut farm in Honoka'a — a property Barr purchased in 2007 for $1.78 million that served as the backdrop for her 2011 Lifetime series "Roseanne's Nuts" — for $2.6 million after just one week on the market with multiple offers. The early interest in Hale Ohi'a suggests a similar pace is possible at a significantly higher price point.

Know something we missed? Have a correction or additional information?

Submit a Tip
Your Topic
Today's stories
Updated daily by AI

Name any topic. Get daily articles.

You pick the subject, AI does the rest.

Start Now - Free

Ready in 2 minutes

Discussion

More in Business