On SecondShelters.com: Contention and Beauty Await New Owner of 87 Square Miles of Hawaii’s Molokai Island

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Leave town for a week and everything happens.  On September 7, a third of Molokai Island was put up for sale for $260 million.  The property includes 300 parcels covering 55,575 acres with over 20 miles of coastline.  Granted, it’s not as showy as Larry Ellison’s 2012 purchase of 98 percent of the island of Lanai for $500-ish million, but Lanai is a bit larger at 141 square miles. A purchaser would still be able to brag about being one of the top five private landowners in the state.

Sure it’s a physically beautiful location that offers unprecedented privacy and bragging rights, but it also comes with a contentious local population who are vociferously anti-progress.  Current owner, Singapore-based GL Limited found that out for themselves.

Jump over to SecondShelters.com for more on Molokai’s nightmare neighbors.

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Jon Anderson

Jon Anderson is CandysDirt.com's condo/HOA and developer columnist, but also covers second home trends on SecondShelters.com. An award-winning columnist, Jon has earned silver and bronze awards for his columns from the National Association of Real Estate Editors in both 2016, 2017 and 2018. When he isn't in Hawaii, Jon enjoys life in the sky in Dallas.

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