Did Obama Buy Magnum P.I. Home Using His Friend As Proxy?

Did Obama Buy Magnum P.I. Home Using His Friend As Proxy?

Published: March 26, 2015 | By: American Luxury Staff

Despite the White House denying it, President Barack Obama is believed to have bought a beachfront Hawaii home with a celebrity past. Located in a secluded section of Honolulu, the property was once used in the filming of the hit television series Magnum P.I.

The property recently sold to a newly-formed LLC, with Marty Nesbitt—a close personal friend of Obama—signing the paperwork. It is likely that Obama bought the home using the LLC and his friend as a proxy. With the President’s term ending in less than two years, the timing gives him (and wife Michelle) just enough time to complete renovations. Either that, or Nesbitt is a big fan of the Aloha State and Magnum P.I., has $8.7M laying around, and shrouds his real estate deals in secrecy. But we wouldn’t bet on that.

From 1980 to 1988, the 9,000-square-foot home was home of Tom Selleck’s character in the series Magnum P.I.

The home has five bedrooms and five bathrooms and sits on three acres that include and a tennis court.

As previously mentioned, the sale was closed by Marty Nesbitt, a close personal friend of Obama’s and the chair of the Barack Obama Foundation. Nesbitt is also seems to be helping Obama prepare for his post-presidency life.

The property sold for $8.7 million.

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