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 the President—signing the paperwork. It is likely that Obama bought the home using the LLC and his friend as a proxy. With President Obama’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.  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 the 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 also seems to be helping Obama prepare for his post-presidency life.

The property sold for $8.7 million.

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17091 March 26, 2015 Real Estate March 26, 2015