Julia Roberts has heaved a decidedly understated but high-priced property near Hanalei, on Kauai’s world famous North Shore, onto the open market, with a publicity-assuring asking price of $29.85 million. The oceanfront spread is identified in marketing materials as the “Faye property” after prominent sugar plantation tycoon Hans Peter Faye who, in 1915, smartly snatched up a pair of side-by-side parcels that together span a tetch more than two acres, with a bit more than 200 feet of direct beach frontage on postcard-perfect Hanalei Bay.
The estate’s two bungalows together measure 3,792 square feet, per listing details, of woefully dated but well-maintained interiors, with a total of seven bedrooms and four bathrooms. Listing details go on to point out the property “may be permitted for up to 9,000 square feet” and allow for additional structures and a swimming pool, so it seems the historic and humble existing bungalows may not be long for this world. The smaller, one-bedroom and one-bath cottage is also available as a vacation rental for $350 per night, and the larger, two-story cottage — six bedrooms, three bathrooms and an outdoor shower — can be had at $1,500 nightly.
The Oscar winner, last nominated in 2014 for “August: Osage County,” and her Emmy-nommed cinematographer husband, Danny Moder, maintain an extensive property portfolio that includes a second, more secluded oceanfront estate near Hanalei, a bluff-top spread on Malibu’s Point Dume and a ranch near Taos, N.M., where the couple got hitched in 2002. On the East Coast, the publicity-eschewing couple keep at least three small and not all contiguous apartments in a stately building across from New York City’s historic Gramercy Park, as well as an approximately 2,400-square-foot penthouse in a nondescript red brick building in Greenwich Village.
listing photos: Hawaii Life