Foreign Property News | Posted by Zarni Kyaw
Mark Zuckerberg has reportedly expanded his sprawling $300 million compound in Hawaii by nearly 1,000 acres — stoking yet more controversy with locals on the idyllic Pacific island chain, according to a report.
The latest expansion on the Meta CEO’s massive estate on the Hawaiian island of Kauai includes 962 acres of ranch land purchased earlier this year under an LLC, according to the tech news site WIRED.
A person close to the sale estimated the purchase price at more than $65 million. The acquisition brings Zuckerberg’s total holdings on Kauai to more than 2,300 acres.
Property records place the land’s market value at around $75 million.
(Meta CEO Mark Zuckerberg has reportedly expanded his massive estate on the Hawaiian island of Kauai.MEGA)
Inside the existing compound, Zuckerberg has constructed two mansions with a combined floor area comparable to a football field, a gym, a tennis court, several guest houses, ranch buildings, saucer-shaped treehouses, a water system and a tunnel leading to an underground storm shelter about the size of an NBA basketball court, outfitted with blast-resistant doors and an escape hatch.
Recent planning documents released through public records show plans for three more large buildings, ranging from 7,820 to 11,152 square feet — nearly 10 times the size of the average home in Hawaii.
Two of them include 16 bedrooms and 16 bathrooms between them, arranged in a motel-style layout, with a shared lanai measuring more than 1,300 square feet.
Each building features cameras, keypad locks and motion detection devices. Hoffine Barr described the buildings as short-term guest housing for family, friends and staff.
(Zuckerberg’s expansion reportedly includes land containing a Native Hawaiian burial site.MNStudio – stock.adobe.com)
Satellite images show dozens of buildings on the property that have not yet appeared in public records.
The seller was the Mary Lucas Trust Estate, whose lands were previously leased to sugar plantations and later restored for cattle grazing. Zuckerberg’s spokesperson Brandi Hoffine Barr confirmed the purchase to WIRED but did not comment on the size or price.
The couple’s investment now exceeds the $311 million fiscal year 2024 operating budget for the island of Kauai.
(The latest expansion includes 962 acres of ranchland purchased earlier this year under a Hawaiian-sounding LLC, according to a report.MEGA)
Ref: Mark Zuckerberg expands $300M Hawaii compound by nearly 1,000 acres — stoking more controversy with locals: report
Photo Credit-MEGA