Mogul finds new slice of paradise
Byron Allen, the chairman and chief executive of the production company Entertainment Studios, has bought an oceanfront estate on the western shore of Maui for $22.8 million, property records show.
The three-quarter-acre Kihei property has 130 feet of beach frontage. Built in 2015, the estate centers on a 7,300-square-foot home with five bedrooms and seven bathrooms. The doors, windows and trim are all mahogany, and the exterior is finished in coral stone.
The home features a doubleisland kitchen, a media room, an elevator and a 500-bottle wine cellar. There are three outdoor showers and an open-air spa. Expansive lanais add another 1,700 square feet of living space outdoors.
Also on the gated grounds are a swimming pool, caretaker’s quarters and a three-car garage.
The transaction is among the most expensive home sales historically on the island of Maui, according to sources with knowledge of the area.
Dennis Rush and Martha Rush of Elite Pacific Properties were the listing agents; David Richardson of Hawaii Life Real Estate represented the buyer. Ira Meltzer of One Million Dollar Plus in Rancho Mirage arranged financing.
Allen, 56, founded Entertainment Studios, which produces and distributes television shows, in 1993. He was the host and executive producer of the show “Comics Unleashed” and has film credits that include this year’s western “Hostiles.”
Since 2008, he has hosted the interview series “Entertainers With Byron Allen.”