Recently on the market on the beach at Diamond Head, is this stunning property that was once owned by Liza Minelli and David Gest. Two beds, 2 1/2 baths and some pretty spectacular views make this an extremely unusual opportunity to obtain some of Hawaiis best real estate at a silly price. The home sits in a small, gated community of just ten homes and was recently renovated.
The home is offered at a tad under $6 million, and the brokerage is Prudential Locations diamond head real estate.
According to Prudential Locations, Diamond Head is often called the “Gold Coast” because the real estate is so precious. Homes here are nestled in between Diamond Head Crater (now extinct) and the gorgeous deep blue ocean. The result: dramatic scenic views in almost every direction. There is public access to a beautiful beach along the coast, and this spot is very popular with surfers, windsurfers and sunbathers.
And certainly these photos show a beautiful spot. Relatively speaking, the Oahu real estate market is one of the more robust US markets. I am not saying it is impervious to the financial crisis, just that is is holding up better than most and the fact that Diamond Head is a state park will always help to maintain the value of real estate along this stretch of the coastline.
Prudential is one of the largest locally owned real estate companies in Hawaii and is strong in the luxury sector.