Selleck home sellsA Japanese couple has purchased former "Magnum P.I." star Tom Selleck's Black Point home.
for $2.5 million
A Japanese couple buys
the 3-bedroom, 3-bathroom
Black Point luxury property
By Rick Daysog
Yoshiyuki and Masako Takei of Tokyo paid about $2.5 million for the three-bedroom, three-bathroom home, according to state land records.
The sale closed Friday.
The purchase was fairly close to Selleck's asking price of $2.76 million, indicating continued strength in Hawaii's high-end real estate market.
Selleck, who is now in the Los Angeles area after spending time in New York where he acted in the Broadway play "A Thousand Clowns," placed the 4,874-square-foot residence on the market in July.
At the time, Selleck's business manager said the actor rarely used the home in recent years and didn't see himself visiting the islands much over the next few years.
Selleck acquired the fee-simple property in 1981 for $700,000 and has extensively renovated it.
The wood-frame residence, which was built in 1929, includes a two-bedroom main house and a one-bedroom guest cottage.
Selleck built his own private theater room, complete with reel-to-reel projectors and a Dolby sound system.
The property, with views of the Kahala coast, also boasts an open deck with hot tub and a nonchlorinated dipping pool.
Selleck, who owns a ranch in Southern California, played the lead in the popular "Magnum P.I." television series filmed here during the 1980s. Since Magnum, Selleck has acted in a number of films, including "Three Men and a Baby."
Jo Frasier of Prudential Locations was the agent for the sale.