By   – Real Estate Editor, Pacific Business News

An oceanfront vacation home on the South Shore of Kauai that once was the home of the last territorial chief justice of Hawaii and has been owned by the same family for more than 60 years recently went on the market for $18.5 million.

Ka Lae Kiki, which is located on a rocky point along Lawai Road in Poipu, across from Kukuiula, is listed with Hannah Sirois of Elite Pacific Properties.

It was originally built by Philip LaVergne Rice, who was chief justice of the Territory of Hawaii from 1956, until Hawaii became a state in 1959. Rice died in 1974 at age 87.

He sold the Poipu house, which sits on 37,984 square feet of oceanfront land that features a saltwater pool built into a lava rock point, in 1957 to the late Los Angeles developer Lowry McCaslin, whose family still owns the property. McCaslin died in 1995 at age 88.

The family in the late 1990s hired architect Jim Morton to redevelop the 3,324-square-foot, four-bedroom home, which is currently being used as a legal vacation rental with a rate of $1,500 per night. The house is being sold fully furnished.

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