Cher’s home on the Big Island of Hawaii sold at auction for $8.7 million – Yahoo! Canada News

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Thu Jan 21, 4:26 PM

By The Associated PressKAILUA-KONA, Hawaii – A luxury real estate auction company reports that Cher’s Hawaii home overlooking the Pacific Ocean has been sold to an Arizona buyer for US $8.7 million.

Concierge Auctions said Thursday that the home was one of five Big Island residences auctioned Monday for a total of $19.4 million.

The firm had estimated Cher’s one-third-hectare property was worth between $8 million and $12 million.

Located in the Hualalai Resort, the 800-square-metre Balinese style residence features a gated centre courtyard leading to the main residence. It includes a master wing, great room, kitchen, dining room, outdoor living area, and infinity pool with spa overlooking the resort’s golf course.  A website set up for the sale says the residence designed by Cher has six bedrooms.

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