6 bedrooms • 7 full and 2 half bathrooms • 9,525-square-foot interior • 48,439-square-foot lot
This house looks out onto Kukio’s South Pond, and then onto the ocean. (Although when we flew over the property, the pond was all but empty. Maintaining water features in arid Kona can’t be easy.) The owner is yet another investment banker: Paul Stephens, the chairman and a partner of Stephens Investment Management, and the co-founder and managing director of RS Investments, a San Francisco-based management group that manages more than $7 billion in assets.