PayPal co-founder Peter Thiel buys Maui home for $27M

Courtesy: Steve Strand

This aerial shot shows the 1.7-acre Makena property purchased by PayPal co-founder Peter Thiel for $27 million, the largest amount ever paid for a Maui residence. Broker Nancy Callahan with Wailea Group negotiated the sale.

Thiel bought the 1.7-acre Makena property from Wyoming rancher Dan Huish before it was put on the market. Huish had purchased the 4,500-square-foot house in 2006 for $19.2 million, Callahan said. Amenities for the home, which is undergoing renovations, were not disclosed.

Thiel bought the 1.7-acre Makena property from Wyoming rancher Dan Huish before it was put on the market. Huish had purchased the 4,500-square-foot house in 2006 for $19.2 million, Callahan said. Amenities for the home, which is undergoing renovations, were not disclosed.

Share

This entry was posted on Friday, July 15th, 2011 at 6:01 pm and is filed under Mortgage Quotes. You can leave a response, or trackback from your own site.

 

Leave a Reply