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September 21, 2020
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TEXAS/SOUTHWEST NEWS
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Unique, 29-Acre Oceanfront Property in Hawaii Listed for Sale at $18 Mil

5/29/20

We like to share with our readers the occasional, unique real estate listing within our western U.S. coverage area, and today we’ve got another such newsbrief to mention. The property is Marconi Station, an approximately 29-acre, historic oceanfront property stretching over four parcels located along the famed North Shore of Oahu, Hawaii.

This scenic, tropical property is situated adjacent to the popular Turtle Bay Resort and is easily accessible off Kamehameha Hwy. The property is also close to many major points of interest throughout the island that are located within about an hour’s drive.

The asset is being marketed by Anthony Provenzano, Joseph Haas, and Andrew Starn of Cushman & Wakefield ChaneyBrooks in Honolulu, who tell us the asking price is $18 mil.

Marconi Station is the heart of Marconi Point, an agricultural Condominium Property Regime (CPR). "We view this as an opportunity to identify a development partner to help realize the potential of this unique asset and complete the vision for the core of the Marconi Point CPR,” said Michael Danhour, Executive Vice President, Marconi Station LLC.

Marconi Station is a former wireless telegraph station named after Guglielmo Marconi, who invented and commercialized the way to transmit Morse signals across great distances. The station was built in 1914 and was the largest wireless telegraph station in the world in terms of capacity and power. In 2012, each of the four buildings was placed on the Hawaii Register of Historic Places, and in 2013 the property was added to the National Register of Historic Places.

The North Shore of Oahu encompasses the 17-mile, north-facing coastal area between Ka’ena Point in the west and eastward to Kahuku Point. Famous for its surfing, snorkeling, and of course the fifty-one beaches that stretch for more than 11 miles along this incredible expanse of Oahu coastline.





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