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Monday, January 22, 2018
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Hawaii News

Hawaii Real Estate

Pineapple Hill Market Update: March 2017

With the addition of 2 new listings this month, there is a total of 20 active listings now on the market within Pineapple Hill. After a slow start to 2017, March did finally bring the first sale of the year to the neighborhood. Hopefully a sign of more action to come. View from 1206 Summer Rd. (MLS# 367720) Below are the new additions and changes I would like to bring to your attention. New As of 3/13/2017: 228 Crestview Rd. (MLS# 373307) is back on the market. It had been canceled on 2/6/2017 after 671 days on the market. It is now priced at $3,750,000. That’s down $245,000 from its previous asking price. 804 Jacaranda Way (MLS# 373462) is a new listing that arrived to the market on 3/22/2017. It is priced at $2,100,000. Price Reduction 1206 Summer Rd. (MLS# 367720) had a price reduction on 3/12/2017. The asking price is now $2,799,000; down $200,000 from its original offering. Sold 618 Silversword Dr. (MLS# 373146) closed on 3/1/2017. It was never listed and was not on the MLS..

Prime Oceanfront Estate Lots at Ka’upulehu, Hawaii

Ka‘upulehu Phase I, Lot 15 This pristine estate lot is situated within the esteemed Ka‘upulehu Development just 75 feet from the ocean’s edge along Hawaii Island’s prestigious Kona Coast. Ka‘upulehu Phase I, Lot 15 (MLS# 298302) | $12 million | 1.25 acres The homesite is situated at the end of a private cul-de-sac with only 2 additional incredible estates on the same street. In addition, this estate lot’s northern boundary is located along an open natural corridor for optimal privacy. Ka‘upulehu is an exclusive community of luxury homes and homesites with a beach club that includes a private dining pavilion, bar, event lawn, 2-tiered swimming pool, and 24-hour staffed security entry. Ka‘upulehu Phase 2, Lot 21 This ready-to-build 1-acre homesite has unobstructed views of the ocean, the island of Maui in the distance, and is ideal for capturing beautiful sunsets. Ka‘upulehu Phase 2, Lot 21 (MLS# 603099) | $4 million | 1 acre This lot is in very close proximity to the precious pr..

3 Homesites on North Shore Shangri-La Acreage

One of a kind, over the top gorgeous acreage with 3 possible homesites and 3 possible ohana units in the Wainiha Valley at this riverfront shangri-la acreage. Plans for an estate home and guest house by renowned architect Ross Anderson are included in this sale. Offered for sale for $4,800,000 (MLS# 604833) This amazing piece of paradise has an over 3-acre pond + riparian rights. Unsurpassed beauty, privacy, and views abound on this spectacular estate property. Only a 10-minute drive to Hanalei town for shopping, dining, and Hanalei Bay beaches, and 5 minutes in the other direction to Makua (Tunnels) Beach. This is one where words cannot do justice. This is a must-see for those who want a lush and private Hawaii Life.

Kauai Market Recap – Q1 2017

Below you will find a sample of some Kauai relevant market statistics from Q1 ’17. If you’d like to explore the numbers a bit deeper, check out the Q1 2017 Kauai Snapshot. Through Q1, the market has more or less kept pace with what we saw throughout 2016 – strong prices and strong volume. Also, once again the North Shore has accounted for the bulk of the entire Kauai residential market, approximately 48.5% of the quarter’s $127,000,000 in sales. While the quarter showed an island-wide sales volume drop of about 5% compared to Q1 of 2016, the North Shore had a 9.5% pop compared to the same period last year. Both North Shore and island-wide residential prices ticked up ever so slightly when compared to last quarter as well as compared to Q1 2016. The residential median sales price for the quarter for the entire island was $660,000, while the North Shore saw a residential median sales price of $1,150,000. Once again, the data shows that prices are currently at their strongest levels sin..

Another Satisfied Client to Our Record of Solid Results at Puamana

As it is my commitment to keep our West Maui community informed, I’m pleased to announce the successful sale of Puamana unit 15-3 from Jeff Onderko and Hawaii Life. Originally listed for $799K, unit 15-3 closed on February 24th for $750K and was on the market for 151 days. We represented the Buyer’s side of the transaction and my 2nd Puamana sale in less than a year. Lahaina’s Vacation Paradise Puamana – 30 acres of gated oceanfront property, beach, tennis, clubhouse & more My experience in this local market, coupled with my inventory knowledge, client portfolio, and commitment to Smart Marketing and Solid Representation, have proven successful. Additionally, Hawaii Life Real Estate Brokers provides our clients with marketing solutions and a global presence that no other firm in the State can provide. Currently, we list more properties in Hawaii than any other brokerage. The 3rd sale of 2017, Puamana 15-3 sold for $750,000 and was on the market for 151 days If you are in the market..

Ready to Buy a Hawaii Property? Benefits of Working with a Local Lender

So, maybe you have seen the HGTV show Hawaii Life, or you have been poking around the internet for a new Hawaii property to make your own, but are you ready to buy? One of the most important steps of becoming a homeowner is knowing what you can and possibly cannot afford to buy. I recommend working with a local lender to help aid in the process. The procedures are easier now than they once were. You don’t have to supply every piece of supporting documentation initially to get an idea of what is possible. Normally, you can have a general conversation with a lender and they can look at your situation and roughly give you a range and scenario for purchasing. In Hawaii, you also need to be aware of any HOA and Association dues as this will affect the amount you can qualify to purchase. I work with many local lenders and certainly can help point you in the right direction. I also strongly advise my clients to use a local lending source. A mainland bank can do business in Hawaii and c..

Just Listed: Penthouse Unit with Hilo Bay Views for $250K

Just listed! This Penthouse unit is conveniently located in Hilo at the BayShore Towers. Wake up to the sound of the ocean in your cozy 1 bed/1 bath unit surrounded by the gorgeous views of Hilo Bay. Offered at $250,000. Bayshore Towers PH4 (MLS# 604780) The “community” here is friendly and welcoming from the time you step foot on the premises. Conveniently located just out of Hilo town within minutes of the Hilo farmers market, hospitals, UH Hilo, State library, and stores. Enjoy the benefits of a secured building with a card entry and security cameras that run 24/7 on the premises. 84 Pukihae Street, Hilo This unit comes with 1 covered parking space, #78, located right across from the entrance of the bottom floor. Walk straight from your car to the elevator without getting wet! Trash? No need to drive to the dump. There is a trash chute just down the hall! Safety and convenience! Now Let’s Talk Amenities You get to enjoy a heated pool, BBQ area, library with a small children’s..

Kaanapali Shores Condos – A Short-Term Rental Favorite

I am oftentimes asked about purchasing a condo that can rent on a short-term basis on Maui. Short-term on Maui means nightly, like a hotel. The top requests are “located on a great beach” or “an ocean view.” A simple request, right? Considering most investors and second home buyers have this request, it can be challenging. Let’s look at one complex in particular, Kaanapali Shores in West Maui. Kaanapali Shores is located on the cusp of Napili. Not too far from Kaanapali Shores is the newly built Honua Kai, where prices soar in price for a prime resort location on the beach. Kaanapali Shores is picturesque with its beautiful grand entrance. The resort-like environment offers a newly remodeled pool that anyone would be 100% satisfied with avoiding the sandy beaches. What Does the Beach Look Like in Front of Kaanapali Shores? Well, these photos were from my recent trip to the complex during a final walk-through. Was this what you expected? Probably not, but it’s beautiful! The salty a..

Gorgeous & Tranquil Maili Sea Duplex

Newly listed! This beautiful home, just 5 years new, is in the master planned community of Sea Country in Maili in West Oahu. Located across from a park in a secluded cul-de-sac, this home offers a spacious open floor plan, many high quality finishes, and unique features which turn your home into a sanctuary for relaxation and enjoyment. 87-1801 Mokila Street, Waianae (MLS# 201706463) Noteworthy Features The two-story, 1,116 square-foot home has three bedrooms, two and a half baths, and a two-car garage. The steel framing offers peace of mind, and the double-wall construction means better insulation – and cooler and quieter interiors. The master suite with gorgeous mountain views The spacious master suite has gorgeous mountain views and a bathroom with double sinks/vanity, and all three bedrooms and the living room have newer ceiling fans. Living room and kitchen have ceramic tile. Double-paned windows throughout keep out heat but let in light. Live sustainably and save money ever..

Hoopili New Release: Sunday, April 2, 2017

New release for Hoopili on Sunday (4-2-17). First come, first sold. What: Single-Family Homes at Haakea at Hoopili Priced From: High-$500,000s (FS) Sales Begin: Sunday, April 2, 2017, 10:00 a.m. Where: 458 Manawai St. #806, Kapolei, HI 96707 Lot, Plan, Bed/Bath, Sq.Ft., Price (FS) 6, 6, 4/3.5, 1,996, sq.ft., $753,355 7, 1, 3/2.5, 1,262, sq.ft., $585,695 8, 1A, 3/2.5, 1,231, sq.ft., $586,230 76, 5, 4/2.5, 1,720, sq.ft., $690,120 77, 2R, 3/2, 1,212, sq.ft., $615,000 79, 3R, 4/3, 1,556, sq.ft., $686,580 81, 5, 4/2.5, 1,720, sq.ft., $687,120 82, 2, 3/2, 1,212, sq.ft., $615,000 83, 6R, 4/2.5, 1,720, sq.ft., $695,425 85, 5, 4/2.5, 1,720, sq.ft., $687,120 These are slowly being released by the developer with little to no advance notice. The above is Sunday’s release. More Information If you have any questions, please feel free to contact me.

Why Portlock is the New Best Kept Secret for Oahu Luxury Buyers

When you hear the phrase “luxury real estate on Oahu,” people immediately think about the new Kakaako condos being built along the Ward Village Corridor. No doubt, luxury condos in the new upcoming neighborhood of Kakaako and Ward Village seem to be all the rage with luxury buyers on Oahu. Because of this hot trend in contemporary urban living, it’s in with the new and out with the old. For this reason, the grand dame of luxury neighborhoods, Portlock, has almost seemed forgotten. In the last couple of years, sales of homes in that neighborhood have been experiencing a lot longer sales cycle. So, Why Would I Call it a Best Kept Secret? Because dollar for dollar, Portlock, including its adjacent neighborhoods, Triangle and Koko Kai, more commonly known altogether as the “Portlock” neighborhood, still offers great value to a luxury buyer and something that the new urban condos can’t offer – a true authentic Hawaiian lifestyle and a value that’s found in a single-family luxury home in a..

Hokulani Golf Villas Sees Consistent Activity

I was out at Hokulani showing property this week (twice) and noticed that the activity has been pretty consistent at the development. I was showing some of the developer units and noticed that he has decided to build a few more specs in phase III (last phase) since the built inventory was running low. Hokulani Golf Villas, Kihei, South Maui The sales activity at the community has been very consistent; I have been tracking past sales, going back 12 months, since November 2016 and noticed that the number of sales has been fluctuating between 19-21 closed sales. Going back 12 months from March 31st, 2017, I can see a total of 19 closed sales; 13 sold by the developer and 6 re-sales (not developer offerings). Since Hokulani is considered a residential condominium, I compared the sales of residences and condos in Kihei between $900,000 and $1,250,000 during the past 12 months, and found 13 sales of residences and 7 Fee Simple condo sales. I think the numbers speak loud and clear of how..

Well Maintained 3-Bed Home with Extensive Upgrades in Napili, Maui

Nestled on the island of Maui within the Upper Westside lies a quaint, small, gated neighborhood of nineteen homes known as Kauhale Mahinahina. This is one of the three subdivisions that line the lower Honoapiilani Road, known by locals as Tiny Town due to the zero lot line construction. One on Haku Hale Street, Omakai Street, and finally, the only gated neighborhood in Mahinahina, Hoaka Place. As you leave the lower Honoapiilani Road, enter the palm tree lined entry to Hoaka Place. Directly adjacent to the south is a dictated county of Maui park, with ample space to take the dog for a walk, have a picnic, fly a kite, birthday parties, etc. Welcome to Hoaka Place Once inside this neighborhood, you can’t help but sense the welcoming, community feeling – with kids playing together, riding bikes, playing chase, and having “good fun.” 4 Hoaka Place My newest listing is 4 Hoaka Place; a fantastic home that has received loving care from these original owners. 4 Hoaka Place, Napili (MLS#..

Hawaii Resort Lifestyle Properties Outside of Resorts

My clients have vacationed every year at one of the luxury beachside resorts that Hawaiʻi Island is known for. But now they are looking for properties that offer the resort lifestyle outside of the resorts. They seek privacy when they are in residence, and an estate-quality vacation rental when they are away. Beach or rural-feeling acreage? Both are options for resort lifestyles on the Big Island. Here are my four top picks. Prerequisite for Hawaiʻi Big Island “resort lifestyle:” pool with ocean, coastline, and sunset views Oceanfront or Beachfront Resort-Style Properties in Puako The premiere oceanfront Big Island property offering a resort lifestyle outside of the resorts would have to be the Honolaʻi Estate, which is actually resort-zoned allowing maximum flexibility in uses for the new owner. Luxury vacation rental? Weddings and special events? Private retreat for a family otherwise too much in the spotlight? It works for any or all of these. Puako estate: 6 Beds/7.5 Baths, 450..

$100K Price Reduction – Now the Least Expensive Home on Weke Road in Hanalei

Quietly located at the western end of the Weke Road, and two short blocks from the sands of Hanalei Bay, this is a lovely two-story home with second floor decks and first floor lanais. The property features four full bedrooms, three full baths, a usable loft, outdoor shower, garage, and beautiful surrounding landscaping. Just one lot off from Hanalei Bay. Least expensive home on Weke Road (MLS# 288805). Now Priced at $2,699,000. Additionally, the property has many recent upgrades throughout – recently refinished wood floors, new kitchen appliances, including induction cook top for gourmet cooking, and gorgeous granite counter tops, new washer and dryer, new water heater, and a new septic system. This home also offers magnificent mountain views, and comes fully furnished, and with many bikes and beach toys. Experience the Hanalei Life.

Hot Tamale! Puamana in Lahaina on Sizzling Streak of Sales Activity

In an oceanfront townhome community that averages just 12 sales transactions per year, Puamana has gotten off the starting blocks to 2017 in explosive fashion, with 5 closings and 3 pending units already going under contract within the first 3 months of the year. Summer swells will start rolling through this time of year – What a place to sit and stare What Happened? Blame it on the presidential election. Blame it on the failed coupe attempt in Turkey. Blame it on Tom Brady’s 4-game suspension or the Cubs’ World Series post celebratory hangover. Whatever it is, if we took a snapshot of just 2 months ago, it was a complete reverse of the current state of momentum. Only 8 units had sold in all of 2016. None had sold since July, and only 1 had gone under contract in that same time. With 11 units active, and the winter season approaching, some of us that specialize in Puamana were looking at each other with the facial expressions kinda resembling the Monopoly man after an unlucky “Chanc..

Kainani Villas Now Under Construction at Kukui’ula, Kauai

The Kainani neighborhood overlooks Hole 3 and 4 of Kukui’ula’s Tom Weiskopf golf course, features ocean, sunset, and golf course views, and is a mix of single-family residences and the 4-plex residences, Kainani Villas. Kainani Villa 2 Designed by California-based Melzer, Deckert & Ruder Architects, for maximum views, indoor-outdoor living, and with the ease of “lock and leave,” the Kainani Villas offer a choice of floor plans and two, three, or four bedroom residences. Kainani Villa 2 Rendering (MLS# 291883) Kainani Villa 2 is a ground floor, 3-bed, 3-bath residence featuring 2,466 sq.ft. of indoor-outdoor living. Its expansive covered lanai will be sheltered from the trade winds and will face the sunset. The plunge pool is optional. Offered at $3.545M. The Kukui’ula Club House As part of The Club at Kukui’ula, every Kainani Villa owner will have access to The Club House and the amenities at the heart of the membership-based community on the South Shore of Kauai. Kukui’ula Priv..

Hawaii Property Valuation Tool In Your Pocket

“What's my property worth?” is a common question that crosses our dashboard often; So we built an instant property valuation tool, based off of Zillow Group’s data API. The instant Hawaii property valuation tool includes a 10 year market trend history, providing insightful knowledge for decision making. Along with direct access to Hawaii Life property experts and deeper insights. Bookmark it, or save it to your home screen, after you’ve looked up your property. Refresh it whenever you become curious. Check it out!

Hoopili – New D.R. Horton Project is Releasing Homes

The new D.R. Horton project, Hoopili, is slowly releasing homes. The developer has been keeping the releases very quiet and only announcing a small amount of homes at a time. This is a huge project and will be at least 10 years in the future till completion. If a buyer is interested in buying in the project, the best course of action is to contact me and get registered. Since we don’t know exactly what the developer will release and when, it’s best to be on the list. The registered buyers will get an email notification first announcing what is available next and prices. From there, you show up the next morning at the sales office ready to put down a small deposit to reserve the property and start the process. Like some projects currently, this developer is not using a lottery system. This means you get registered, get a notification of what’s being released, show up with a deposit, and then it starts the contract phase. The best plan is to be prepared and ready to move quickly shoul..

Highest Sale in Kai Ani Village: An Oasis in Central Kihei

Just Sold! The highest price sale in Kai Ani Village. Located in central Kihei, Kai Ani Village offers owners an oasis of lush tropical gardens, a resort-style pool, and condo homes with elegant finishes. Some homes also have an oversized one-car detached garage. Allowing long-term rentals, Kai Ani Village is walking distance to beaches, restaurants, and shopping. This is a great choice for full-time residents, second home owners, and investors. Light and bright indoor/outdoor living This 3 bed, 2.5 bath, second floor home (MLS# 372881) is in a quiet location in the development, features mountain views, and comes with a one-car garage and one parking spot. The home has bamboo floors, stainless appliances, granite countertops, and more. Come make Kai Ani Village your home on Maui. Open concept living is great for entertaining More Information If you would like to know more about this listing, Kai Ani Village, or additional Maui real estate opportunities, please contact me.