Actor Will Smith sells Kauai home with $6.5M profit

Published: Dec. 26, 2011 at 9:04 AM HST
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HANALEI, Kauai (HawaiiNewsNow) - After purchasing a home on Kauai nearly two years ago, actor Will Smith and wife Jada Pinkett-Smith recently sold their property, making a $6.5 million profit.

Public records show the seven-acre property is located on Secret Beach in the Hanalei district.

Reports say the couple sold the home for $20 million, which was not on the market at the time.

According to Market Watch analysts, there are not many homes on the market in this area.

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