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Hawaii Kai real estate

Hawaii Kai real estate sales, home sales, condos, and neighborhood information for Hawaii Kai

There are currently 30 blog entries related to this category.

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SOLD - Beach Front Hawaii Kai, 435 Portlock Road, $3.15million

Friday, December 2nd, 2011 at 9:22am. 476 Views, 3 Comments.

Sold this morning for $3.15million, this classic Hawaii Kai beach front home in Portlock is the new retirement home of my clients.  With 3 bedrooms, 2 baths, and a 1bedroom 1bath separate cottage,  this property has the most important thing in real estate: location.  It sits on the ocean in quiet Portlock, with an amazing view of Diamond head, Moanalua Bay, and the Pacific Ocean.  It's also a short paddle out to some fun surf.

oahu beach front house

 

Check out the amazing view!  You can see the surf spot called Seconds right there.  That is Diamond Head in the distance.  Congrats to my clients on their beautiful new home! 

Hawaii kai real estate 

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Oahu real estate market statistics - Prices up in some areas

Wednesday, November 2nd, 2011 at 7:23pm. 530 Views, 1 Comments.

 While real estate in most of the country is suffering, Oahu real estate remains strong, with low inventory and many sales.  While the number of sales has dropped since last year, so has the overall inventory.  The number of homes for sale on Oahu has dropped 19.3% since last year, from 2,311 down to 1,866. That is only a 5.5 months supply.  

A very interesting comparison is to view the sales by region.  Below I list the total sales and median prices in each region, with a comparison of last year to this year.  It's listed in order from highest increase in prices to highest decrease in prices (far right column). 

As you might expect, the higher priced areas like Hawaii Kai, Diamond Head, and Kailua rose most in price, while the lowest priced…

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Koko Isle Marina front town homes have been refreshed, repainted. (video)

Wednesday, September 7th, 2011 at 9:43am. 777 Views, 0 Comments.

 

I visited Koko Isle yesterday with a client to view a nice 2 bedroom marina front unit that is listed for $649,000.  

The first thing I noticed is that the entire complex has been freshly painted, and the place looks great again. For about the last 10 years, Koko Isle has been a little bit drab, with chipped paint and fading colors that looked a lot like US Army barracks. But check out how nice it looks now with some new colors and refinished fencing.

Koko Isle town homes

With the nice new facelift, these marina front units are ready to compete with Kuapa Isle, which has been a much nicer complex for several years.  Each Koko Isle unit that is on the water has (or can have) it's own private dock, which will accomodate a boat as wide as the unit itself, usually…

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This just in - High Balance loans will NOT be discontinued!

Friday, July 8th, 2011 at 2:27pm. 802 Views, 0 Comments.

Via Tim O'Leary, Honolulu Home Loans: 

HUD previously had announced that Fannie & Freddie would be discontinuing HIGH BALANCE Loans.  Now Fannie & Freddie have decided otherwise. 

The CONFORMING Loan limit will remain at $625,500 and instead of cancelling the HIGH BALANCE, they lowered it.  This is great news for the Oahu housing market, especially in higher markets like Hawaii Kai, Diamond Head, Manoa, and Kailua, where high balance loans are very common.  Prices in these neighborhoods start around $700k and go up to $15 million. 

The new loan limits effective 9/1/2011 are: 

 

Conventional Loan Limits - Starting 09/03/11

 
         
         

County

1-Unit

2-Unit

3-Unit

4-Unit

         
     

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Hawaii Kai house, priced too low at $750,000

Wednesday, June 22nd, 2011 at 5:00pm. 514 Views, 0 Comments.

kamehame ridge home back yardAfter nearly 5 months on the market, we have lowered the price of this beautiful little Hawaii Kai home to $750,000. At just over 1400sqft, it's not large, but it sits on half an acre of land, and has been beautifully remodeled with travertine tile, silestone counters, and this brand new decking in the back. 

We started out at $846,000, and had plenty of interest, and at one point were in escrow when the price was $799k.  That buyer canceled due to personal issues. 

Now this is an opportunity to get a house in Hawaii Kai for a great price.  For $750,000, most houses in Hawaii Kai are totally junk. Usually they need a renovation just to move in, but this house is in great shape and newly remodeled.  

I'm certain it will be sold this week, after…

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Long term investment: Stocks vs Oahu real estate

Monday, June 13th, 2011 at 8:48pm. 615 Views, 1 Comments.

How did your money do over the last 5 and 10 years?  Was housing a terrible investment?  Which did better, stocks or real estate? 

Well look back to 5 years go and say you had chosen to invest in stocks.  If you had $50,000 in (June 2006,) and you had invested in the Dow, you would currently have about $54,870, an increase of 9.7%.  front_400

If you had invested that same $50k 10 years ago in the same Dow stocks, you would have about $54,445, an 8.9% increase.  Basically, any money that you had in the stock market over the last 5 years or 10 years is worth less when you include inflation.  By the way, I have been calling high inflation for about 2 years now, just following most economists.

Now let's say you had invested in Oahu real estate. 

In…

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Hawaii Kai Christmas Boat Parade 2010 features Avatar Boat

Sunday, December 19th, 2010 at 9:08pm. 1380 Views, 2 Comments.

hawaii kai boat paradeThis year's Hawaii Kai Christmas Boat Parade was the best one yet.   The Hawaii Kai Marina Community Association held  the parade Saturday, and it was a great event for the whole family.  I took my family of 5 and found a nice secret spot along with about 50 other people. ;)

There were about 30 boats this year, all decorated with Christmas lights and various creative themes, some with a pretty amazing  amount of preparation involved.  The judges sat in the Towne Center behind the stage as the boats came around twice to show off their decorations. 


Mike Buck, host of the “Mike Buck” show on KHVH AM 830 was the MC again this year. 

 

 

hawaii kai marina boat parada 

 This boat featured elves that danced, sang, and told some corny jokes. 

image00004_400 

 

By far the…

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Marina Front Hawaii Kai Townhome @ Mawaena Kai. Sold in 4 days!

Tuesday, November 30th, 2010 at 1:28pm. 579 Views, 0 Comments.

mawaena kai townhome in hawaii kai Mawaena Kai is one of Hawaii Kai's best marina front communities. Builtin 1988, which is much later than most other marina front complexes, Mawaena Kai has a modern feel and plenty of open spaces that lead to the beautiful marina. Most of the units come with a dock, and this 2nd floor unit has one of the best mooring spots.  

An exquisite unit that has been fully renovated, with wide marina frontage and spectacular views from every window!
The finished loft adds a bonus of 100 sq ft of living area. 

 

Upgrades: split AC - tiled lanais - plantation shutters - stainless steel appliances - built-in glass cook top and convection self-cleaning oven - quiet-close cabinetry - all premium-grade slab granite and limestone counter tops - double sink…

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Just Listed - Hawaii Kai Townhome $625k

Tuesday, November 9th, 2010 at 12:18pm. 585 Views, 0 Comments.

Nanea Kai is a complex in the heart of Hawaii Kai built in 2003.  This $625,000 unit is 3 bedrooms, 2.5 baths, and 1582 sqft inside, plus the open lanai.  Plus the maintenance fees are under $350 a month!

It has 1 attached garage and 1 open parking spot.  Hardwood and laminate wood floors, corian counters, stainless appliances, and a large loft that serves as a family room or play room.  Nanea Kai is just a couple minutes walk to the Hawaii Kai town center and the Safeway center. 

Check out the beautiful complex built in '03, trees starting to grow a bit.

nanea_kai_400

This nice kitchen great room opens up to thelarge living space.  Nice stainless upgrades. 

nanea kai town home 

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SOLD - $1.2 million Hahaione Valley house in Hawaii Kai

Thursday, October 7th, 2010 at 7:13pm. 505 Views, 0 Comments.

Congratulations to Rick and Pat on the purchase of this beautiful ocean view property at the top of Hahaione.  With over 4000 square feet and 6 bedrooms, this awesome house has plenty of space for their soon coming wedding party.  This property borders the preservation land above Hahaione, so you have no neighbors in the back, and acres of tree lined forrest to enjoy. Check out the view from the living room!

hahaione real estate

There is even a detached cottage for their daughter to live in, with its own kitchenette, full bath, and separate laundry.  I was very happy to  deliver their keys this week as they move in to their great new home! 

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