Everybody keeps a dream-house checklist, an "if only" list of features he or she would demand in his or her fantasy dwelling. One list apparently included the following boxes to tick off: oceanfront, Maui, one acre, caretaker’s quarters, 10,000-plus square feet, yoga pavilion, eight bedrooms, nine bathrooms (give or take a few). There happens to be exactly one place in the world that fits that bill, and it’s this home on Kaanapali Beach in Maui.

For the owner, one of the home’s chief benefits was its equidistant location between Vancouver, where he spends much of the year, and Hong Kong, where many of his businesses are based. Among the home’s many fun-focused features (billiard room, anyone?) are a full library and an office, so that work can proceed uninterrupted in the tropical paradise. Fortunately, the office is equipped with floor-to-ceiling pocket doors to the outside, transforming it into a fantasy indoor-outdoor workspace.

Of course, one would have to have the work ethic of Warren Buffet to resist the siren call of leisure that permeates the estate. How could you resist the unparalleled access to the azure Pacific, which you feel is entirely your own? The lots on either side are currently vacant (but available to those with about $10 million to spare), giving the residence even more of a feeling of splendid seclusion-no mean feat when your neighbour a few hundred yards up the beach is the Westin.

Sometimes, though, even dream homes aren’t exactly what you expected. The owner recently put this property on the market for $24 million. It seems dreaming the dream and living it are two different exercises.