HONOLULU — The Honolulu Museum of Art has put its Spalding House property on the market for $15 million.
The Honolulu Star-Advertiser reported Elite Pacific Properties announced the opening of the sale Tuesday.
Officials say the museum’s board of trustees decided over the summer to sell the historic property in Honolulu’s Makiki Heights area to maintain focus on its main campus.
Honolulu Academy of Arts founder Anna Rice Cooke built Spalding House in 1925 as a residential property, naming it Nuumealani, or Heavenly Terrace.
Cooke’s daughter Alice Spalding acquired it in 1934 and in 1968 the property was purchased by the Honolulu Academy of Arts, the previous name of the art museum.
The property changed hands twice before being gifted back to the arts academy in 2011.
Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com