Is Facebook's Mark Zuckerberg the buyer of an award-winning beachfront Hawaii estate?

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Could Facebook CEO Mark Zuckerberg be the buyer of a beachfront Hawaii estate? The purchase would add to his already sizeable collection of properties he owns on the Hawaiian island of Kauai.

The billionaire tech titan, whose net worth is more than $100 billion, could be the “secret buyer” of the one-acre estate called “Wailana Malie” for $10.5 million. The property, which includes a 3,133-square-foot, four-bedroom, 4.5 bathroom residence, won HGTV’s 2020 Ultimate House Hunt competition in the Curb Appeal category. Winston Welborn of Hawaii Life was the listing agent. He did not respond to a request for comments. 

The property is located in the Kilauea area on Kauai’s North Shore, which has been a red-hot area for high-priced residential real estate transactions. The property has a total tax-assessed value of about $6.6 million.

Zuckerberg has utilized San Francisco tax consultancy firm executive Tom van Loben Sels for other real estate purchases, and the tax firm exec is named on public documents that traces back to the “Wailana Malie LLC” entity that is listed as the buyer of the Kilauea property.

The address of Wailana Malie LLC also lists the office address of van Loben Sels’ tax consultancy company Apercen Partners LLC.

There are numerous ties between Zuckerberg and van Loben Sels including the fact that the prominent tax consultant is listed as the registered agent for Zuckerberg’s Openness Foundation.

Zuckerberg, along with his wife, Priscilla Chan, already own about two square miles of Kauai North Shore property, paying a total of more than $150 million for those properties, according to public records.

While smaller in comparison to their other purchases on Kauai, this most recent purchase could be significant because it could be the very first property they’ve purchased in Hawaii that comes with a home already built on the property.

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