Priscilla and Lisa Marie Presley’s former Honokaa home hits luxury market
A former Presley estate in Mauna Lani is back on the market for $17.5 million, far above South Kohala’s $1.3 million median. The 8,000-square-foot Hale Ohia sits on the 12th fairway.
The former Presley estate at 68-1028 Honokaope Pl. has returned to the Big Island luxury market as an 8,000-square-foot, six-bedroom, seven-and-a-half-bath home known as Hale Ohia. The property sits on more than half an acre overlooking Honokaope Bay and along the 12th fairway of the Mauna Lani Golf Course.
A March listing put the former Kohala Coast estate of Lisa Marie Presley at $17.5 million. The home is now owned by Silicon Valley philanthropists Mike Splinter and Patricia Splinter, and luxury-real-estate references have described it as one of Mauna Lani’s most architecturally significant private estates.
The Presley name may draw the first look, but the structure and materials are what make the house unusual on Hawai‘i Island. The home was built with hundreds of Ōhia logs, a choice tied to a tree now protected and no longer permitted for harvest. Other details include African mahogany cabinetry, kiawe hardwood floors, Italian porcelain, a bamboo bar, waterfalls, koi ponds, a games lounge, a built-in aquarium and a resort-style pool.
That price tag places Hale Ohia in a very different bracket from the broader South Kohala market. Redfin’s latest neighborhood data put the median sale price at $1.3 million over the last three months, up 8.6% from the same period a year earlier, with homes taking an average of 123 days to sell. At $17.5 million, the estate would cost more than 13 times that median, a gap that shows how far trophy listings sit from the everyday housing conversation in Honokaa and across Hawai‘i Island.
For the county, a sale at this level matters less as a housing solution than as a signal of where the top end of the market stands. High-end transactions can lift the value profile of a neighborhood, support brokers, appraisers and trades, and feed into the county’s tax base discussions, but they do not add attainable inventory for local buyers. On the Kohala Coast, the question is not whether this kind of property can attract attention. It is who can afford to buy it, and what kind of imprint the next owner will leave on one of Mauna Lani’s best-known estates.
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