In the early 80's, a neighborhood was built on the Hawaii Kai Marina called Anchorage. The lots in Anchorage are large for Hawaii's standards, at about 7000-10,000 ft. each. This allows room for swimming pools and big lanais with marina views. Many Anchorage HI homes are now in need of updating inside, but most of them look pretty great from the exterior. If you can get one of the homes that has a view of the little island in the marina, you can watch the birds all day long, as it's a sanctuary just for them.
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While Anchorage does not have the high end luxury of Portlock or Lanikai, this Hawaii Kai neighborhood has a really nice charm to it. It's what my wife would call "neighborhoody".
Here's a typical marina home in Anchorage that you can get for about $1,500,000. The marina front homes in Anchorage usually have a dock, which allows boat owners great access to the ocean. You can get from Anchorage to the open sea in just a few minutes by boat. Yesterday I was viewing a home near here and saw dozens of jellyfish and ray, so I don't recommend swimming.
Driving from Anchorage to town will take you 30 minutes with no traffic, and up to an hour or more with bad traffic. People do the commute everyday because it's just such a great place to live. Compared to living in town or on the west side, Hawaii Kai is truly in a class above.
The best part about Anchorage is that the marina is very wide in every direction. Looking out from your backyard, you'll have several hundred yards across. The width across the marina is one of the most important things to look for. You can have a house with 60 feet of frontage on the marina, but if you can throw a rock at your neighbor across the water, it's probably going to feel very tight after a while. And of course you can't turn a big boat if it's very narrow.
One downside of Anchorage Hawaii real estate is that some homes get no breeze at all. This is probably not going to be true of homes on the marina, but if you buy one that is just across the street from the marina, your wind could be blocked by other houses. Watch out for that hot house in Oahu is a miserable house.
Contact AlohaTony to learn more about buying or selling Anchorage HI homes. You can also read about the second phase of Anchorage, called Kealaula Kai.