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This Article is From Dec 26, 2011

Will Smith sells Hawaiian Property on profit

Will Smith sells Hawaiian Property on profit
Los Angeles: The Hollywood couple Will Smith and Jada Pinkett Smith sold the seven-acres house in Kauai, for USD 20 Million even before it officially went to the market.

The couple bought the house in December 2009 for USD 13.5 million. The single-storey and plantation-style house boasts hardwood floors, solar heating that was built in 2006, Secret Beach view, a swimming pool and a hot tub, reported Ace Showbiz.

They struck luck this holiday season as they managed to sell their property USD 6.5 million more than they paid two years ago.

Roni Marley of Hawaii Life Real Estate Brokers in Kauai represented both the buyer and the seller, but the identity of the buyer was not released. The house was not officially on the market when it was sold.

The star couple also own a house in Malibu which he describe "an infinite cycle that represented what Jada and I hoped for our love".

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