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Neil Young Joins Hawaii Homesellers Listing Big Estates

Homeowners in Hawaii are seeking to capitalize on demand from wealthy California technology executives by listing opulent estates, leading to a record number of $20 million-plus homes for sale.

The latest offering is a Waialea Bay property with a five-bedroom beach house, two guest cottages and 830 feet (250 meters) of ocean frontage on the Kohala Coast of the Big Island, listed this week for $24.5 million. It’s being sold by singer-songwriter Neil Young, who’s owned the estate since 1997, according to a person with knowledge of the matter.