As you're driving from Waikiki or Diamond Head toward Hawaii Kai, you'll pass right by my neighborhood, Aina Haina, if you're not paying attention. About halfway between Kahala and Hawaii Kai on Kalanianaole Hwy, Aina Haina has a robust real estate market, a secret gem of a neighborhood with excellent schools, great shopping, and ocean views that rival anything in Hawaii. Aina Haina median prices are right around $1mil, with homes priced between about $800k and $1.8mil.
Aina Haina is where I live. It is an older neighborhood, with most of the houses built in the 1950's, but now many of these old brick and cement block homes are being renovated with beautiful new floors, kitchens, and bathrooms. In fact, since about the year 2000, I've seen dozens of old square shacks turned into modernized larger homes with all the best finishes.
Aina Haina homes range from about $750k for the smallest fixer-upper, to over $10 million for a beachfront estate. Most are middle class homes that are priced between $900k and $1.5million. These prices are about $1mil less than Kahala homes of a similar sized on a 10,000 ft lot.
Below are a just a few reasons why buyers should consider Aina Haina for their next real estate purchase:
From the highway, you can't even tell that there are over 1500 homes in Aina Haina, but the real estate here is a great investment, and definitely worth checking out. It's sort of a sleeper, in that most people have no idea how great it is, and that there is a lot of renovating going on.
Location is everything in the Hawaii real estate market, as even a mile or two can completely change the price of a home here. And location is exactly what Aina Haina is best for. Just West of Aina Haina you have Waialae Iki and Kahala, and to the East, you have Hawaii Kai.
Aina Haina has a convenient shopping center that was renovated in 2012, with a beautiful new grocery store, medical offices, a post office, banks, coffee shop, several restaurants, shave ice shop, veterinarian, a gym, yoga studio, and more.
When looking for property in East Oahu, don't forget about Aina Haina. You might be surprised at the great properties you find here.
Contact AlohaTony to learn more about buying Aina Haina homes.