Starbucks CEO Howard Schultz Buys Vacation Home in Hawaii
The CEO of Starbucks, billionaire Howard Schultz purchased a vacation home in Hawaii for just $25 million.
He has paid $25 million for an eight-bedroom home in the exclusive Four Seasons development in Hawaii.
The property first hit the MLS in the late January with a price tag of $33 million. The person who sold it was William Jahnke, the former head of Well Fargo Investment Advisors.
Starbucks’ CEO managed to get his hands on 10,641 square feet of living space.
Hualalai features two golf courses and multiple sports and beach clubs, plus some swimming facilities.
Located right next to Kukio, Hawaii’s most exclusive community, Schultz will have some great company.
Also, Michael Dell has a 18,500-square-foot Raptor Residence located there too.
“Basically this is the best option on Hualalai for a house right now,” Clarke said of the home, which was the largest property for sale in the resort. “This is as good as it gets.”
This home is situated right on the edge of the resort’s golf course and is set back from the Pacific Ocean.
The best things about this residence, in my opinion, are the views of mountains, lava rock, and coconut trees.
The $25 million home features an infinity-edged pool, nine bathrooms, a game room, and a media room. There’s also a Jacuzzi where Howard Schultz can relax after work.
But that’s not it. The place stretches over two lots, with a main home on one and a series of four individual pods on the other.
With the home’s walls covered in teak to give the place a more sophisticated look, this home is worth the $25 million he paid for it.
The property ended up in Howard’s ownership after hitting the multiple listing services earlier this year.
Let me remind you that Schultz became a billionaire via his stake in Starbucks.
P.S. Make sure you check other homes we’ve got on our website.
What do you think about his new home? Would you have paid $25 million for it?