Exploring Kelly Slater’s $20M Hawaii Home

Watch or Listen to the full episode

Interview Transcription

ADRIENNE: 
Welcome back. And thanks for listening to the Team Lally Real Estate show home of the guaranteed sold program or we’ll buy it.

ATTILIO:
I’m Adrienne. I’m Kelly Slater with hair.

ADRIENNE: 
No, you’re not. You’re Attilio if you have any questions, you can reach us at 7999596. Or check us out online at Team lally.com.

ATTILIO: 
I know what you’re wondering, Hey, are you given a job and Kelly Slater because you know my hair? No, that’s not the reason. I will if I had a $20 million home it’d be okay. It’s okay if I’m bald. But this guy is like, well, first of all, he’s an awesome surfer. And what better crown of victory is having a home on the beach on famous beach in the world North Shore sunset. And so his home is listed for sale. Check this out. He bought it in 2000s. What 17 For 8 million. Yeah. I was thinking like we should just buy these homes. We don’t who he or something, you know you for 10 years. So he

ADRIENNE: 
bought it. It says for personal reasons reminiscing about his teenage surfing days in the area. Yeah,

ATTILIO: 
yeah. And so situated on a gated parcel of just over a half an acre. So it’s about 20,000 square feet, built in

ADRIENNE: 
the early 2000s. And it includes a main home to guests house and totaling six bedrooms, eight baths with 7600 square feet of living space. Yeah.

ATTILIO: 
The main home soaring living room with open trust sealing curved hardwood staircase, glass doors, leading to a covered lanai. You gotta see the pictures of this covered lanai because it’s up on the second floor. So I’m sure you have an unobstructed awesome view. So you know, even if all of me and my 50 cousins are out there with coolers, umbrellas, and you know Heinekens you’re going to still be able to see all over all of us. Chee hooing down by the beach. You won’t hear that cheeho but you’re not gonna see the Chee ho and this thing I swear it looks like anyway, it’s it’s got a nice Asian design railing. That’s what it reminds me of. And then you’ve got these beach chairs, wooden beach chairs with these cushions. And then it looks like almost like maybe some kind of slate or tile deck but it looks like as if I was sitting in the Kahala Mandarin. Yeah,

ADRIENNE: 
the other cool thing that it does include is Polynesian artwork from the previous owner. Yeah, that’s gonna be part of the sale as well.

ATTILIO: 
It’s got I’m looking at the aerial shots. There is the main home which fronts the beach, and I think it’s like about 101 linear feet. It’s a private beach, but I’m thinking, hey, this is Hawaii. Nobody can own the beach. So we’re talking from the vegetation or high tide mark backwards is my guess. Correct me if I’m wrong, but then from the beach forward, again, well, and you know, what’s cool about the beachfront? The thing that you don’t want, believe it or not, is you don’t want the sandy beach with no refund front. Why Adrienne? Well,

ADRIENNE: 
that is that can be problematic. Yeah, as the water will rise and can cause damage. Well,

ATTILIO: 
what happens on the North Shore, especially with sea level rise, is that the sand moves? Yeah, it moves. You know, you can have one part of the year because we see this out on the windward leeward side, one part of the year, you have a completely reef front. And then one other part of the year is all Sandy. That’s how much the sand moves. It’s a natural movement of the sand. With the high tide, low tides and the different seasons of the year, we have a lot of waves, no waves. And what’s cool about this one is there are some rocks, some reef but then there is sand. And I do know that in case of tsunamis and things like that, you’re better off having a reef out in front of you because it acts as an energy absorber. And so the tsunami is you know, maybe not gonna be too bad. But this is the kind of beach that you do want. It’s kind of like Goldilocks, it’s a safer beach just like Goldilocks and the Three Bears with the porridge. Not too hot. Not too cold, but just right. This is a just a beach. They have a pool. I see like 1234 structures from the aerial shots, you gotta check it out. I’m gonna guess that. I don’t know. We’ve we’ve shown properties we’ve shown our $18 million car McCoy by the way. estateoahu.com If you want to check out a baller place,

ADRIENNE: 
Dan was mentioning a trophy home,

ATTILIO: 
we signed NDA, but we did show this to parties to someone that is a highly paid actor. That’s all we can start so bald, who’s also bald. And, and his personal assistant came and previewed the property. And so you never know they might circle back. We even sent one we send one we we hand delivered a message to Jason Momoa when he was peddling his user some water event you know what is water? We thought it might be a good fit for him. Yeah, but I think he’s got to sign more bigger deals and do some bigger movies because might be out of his range but maybe he can do and who you would all his friends you go is the all actors that didn’t get the starring roles. That guy there you gotta beat out on they can put together have a hui maybe do some kind of like, you know, and here’s something here’s another concept if you’ve got a high, high value home, and maybe you want to sell it, but you still want to enjoy it. You can sell it and still enjoy it. Do you remember what our friend Dean Otto what

ADRIENNE: 
do they call it’s fractional own external? Yeah, so you’re well and it’s not like a lot of fractions like a timeshare. It’s like maybe maybe there’s four or five groups and it’s split up throughout the year and all of the carrying costs and maintenance it’s all it’s shared. Because a lot of these homes that are like second homes you’re not going to be spending all year so as long as even six months like you can coordinate with you know four of your closest friends and you guys can own a home together and share in the enjoyment of the home and the the upkeep because

ATTILIO:
you’re not you’re not putting it up for Airbnb and then have to worry about some stinky Airbnb people being in there. But

ADRIENNE: 
the important thing though is as you’re going into it that everyone agrees to the exit strategy because I think that’s what you know, people get nervous about because all like what if you know one of my friends wants to ask guys and they want to they want to sell after five years so it’s like it’s all predetermined the exit strategy before you go into the

ATTILIO: 
so if you’re having a hard time letting go of that trophy property we got a plan for you fractional ownership and what happens is actually there is a network that was started through Keller Williams a network of these properties all throughout the United States

ADRIENNE: 
and I think even internationally International, but for sure,

ATTILIO: 
you know like Jackson Hole, Miami, New York San Diego, you believe it or not, I mean they got some big baller estate ranches in like Texas, Oklahoma, Wyoming Montana. But anyway these so if you have that property and you haven’t just you have an attachment issues to your trophy property. There’s a win win make Get a fraction horse here because we’ve interviewed a ton of luxury sellers and they all say the same thing. I’m just tired of the upkeep and the maintenance. And I’m only you know, as the kids got older and went away and we don’t go out to the property as often I’m there maybe one month out of the year but I have to take care of it the whole year.

ADRIENNE: 
You know the cool thing about the Kamakoi listing is that no one ever really lived in it. This home was built for our clients whose parents are the parents and the parents. They never they decided they did not want to come to Hawaii. Yeah, even though there’s just beautiful estate waiting for them. So it

ATTILIO: 
the home is situated more in the front part of the property and then the back part of the property. It goes is kind of level and all goes up to the hill there is a sidewalk there’s like a it’s like you have your own mini park with a sidewalk that you can go jogging around

ADRIENNE: 
and you have your own like personal expert that knows everything about the property that actually will take her yeah, he was involved in the build the original build of the home so he just knows

ATTILIO: 
the property inside and out and he lives right down the street. I mean, it’s right down the street.

ADRIENNE: 
Yeah, so like that is definitely a bonus to have that person that can just help you with anything having to do with the property. Yes, he knows it in in and out. So if

ATTILIO: 
you are any of your boiler friends are thinking about purchasing their own estate out there in Kaneohe. You know, it’s kind of interesting. The question is did you get there like, Hey, can I bring my Arabian stallions? They’re like, Yeah, I guess so it’s it’s zoned agriculture and or helicopter to your pad. We did verify that if you can get a helicopter pad and then you tie it to traffic. Well, maybe you just want to pop into Teddy’s. If you don’t want to sit in traffic, you just get in your helicopter will get a Teddy’s bigger burger. Or maybe you’re like, ah, you know what, I’d rather go to the North Shore location because they got beer. Not sure we’re gonna land but anyway, if you got a burger emergency, he needed a helicopter pad and a quick way to get there. That will be the way to do it is gated. So and then also, you know, the access that you have to a lot of the ridgeline back, they’re not gonna see anybody else over there, because you’re going to be the only one hiking it. So if you like hiking, it also

ADRIENNE:
has solar. So keep the electric costs down and we

ATTILIO: 
down in the back of the valley. We haven’t gone yet we’ve gone down to the riverbank. But I do want to go back and go all the way up and and go to the source of the water that runs. I think I think the word is perennial all year long, because that creates the water source. You don’t maybe bottle your own water.

ADRIENNE: 
I know. Yeah. A lot of a lot of different things that can be done with this property. Yeah.

ATTILIO: 
So Kelly Slater, again, $20 million estate. He’s he’s had it for a while. He owns properties and other places, too. I think California. We’re all CZ, he owned properties that? I

ADRIENNE: 
don’t know. But I’m sure that he owns them. By by the water is where they’re you probably are located because he’s a water guy.

ATTILIO: 
Maybe I don’t know, maybe he has a local significant other because his or her name is Kalani Miller. I’m totally being you know, PC on that when I say that. But yeah, this is an excellent, excellent property there on the North Shore looks like I mean, it’s a total compound that you have there. And only when you tie it to the traffic, just make sure you hit Costco with your box truck and load up for the whole 30 days that you’re there. So you never have to leave the compound and deal with the traffic right outside the front gate. Okay,

Follow Us On Social Media