Kauai Real Estate Blog

So what do the Poipu condo sales statistics reveal? Could the trend be turning around for condo sales on the south shore of Kauai?  The Koloa District condo sale statistics for 2011 showed improvement and topped 2010 with an increase in both the number of sales and the median sales price. 

The least expensive condo sold in 2011 was offered for sale for $150,000 and sold for $115,000 at Kiahuna Planatation.  Unit #304 sold in April and is a 1 bedroom/1 bath Leasehold condo.  It originally came on the market in July of 2008 when it was listed for $240,000.  Currently there are 42 condos offered for sale at Kiahuna Plantation priced form $129,000 to $1,795,000.  My husband and I owned a Kiahuna condo in the 1990's and we love that property.  It is really a special place.  

At the high end of the condo sales statistics for 2011, there were fourteen (14) condos sold at Koloa Landing at Poipu Beach with sales prices ranging from $1,059,000 to $1,899,000.  Koloa Landing at Poipu Beach is a newer development that offers 2,3,& 4 bedroom luxury condominiums.  The project is about 30% complete. The property offers full resort amenities including porter service, 24 hour front desk check- in, housekeeping, a fitness center, sundries shop & grill, lobby lounge, and two cascading pools with spa & BBQ area. Wyndham Resorts is the on-site rental management company. If you want to visit the property, you can make a reservation at http://www.wyndham.com/hotels/. When you purchase your new Koloa Landing condominium, you can choose to have Wyndham Resorts manage and rent it for you.  

The condo sales statistics show that only four (4) of the South Shore condos that sold were short sales. Eight (8) sales were bank forecosure (REO) sales.

Is it your time to purchase a Poipu condo? 

I am ready to answer your questions about Poipu condos or any real estate on Kauai. Let me now how I can help you. 

Are you looking for a great buy on a bank-owned (REO) Property in Princeville? I just listed this first floor end condominium and offers are already coming in. This condomnium offers views out to a tree-lined path to Anini Beach and beyond to the Prince Golf Course. 1058 square feet with one bedroom and 2 baths. This is a great floor plan that gives you lots of flexibility. Start with a large entry. Then on one side you have a kitchen, dining and living area and bathroom. On the other side is a bedroom/sitting area with a full bathroom. You can live in the entire condo, or live in one side and rent the other. Or rent out each side separately. Two lanais. Tiled floors throughout. Bathrooms have been remodelled. The condominium needs work. Offered for $134,900. Princeville Paniolo is a small condominium complex of 26 units (11 buildings) located in Princeville, Kauai that were built in 1979. The last 2 sales (in 2011) at Princeville Paniolo sold for $285,000 and $400,000.

 Hau'oli Makahiki Hou.  I hope that everyone is off to a great new year.

Here are the full year condo sales statistics for Hanalei District - the North Shore of Kauai. The condo sales statistics show us that were 71 condo sales in 2011- up slightly from 2010.  The median sales price was down about 10% from 2010.   

Fourteen (14)  of the condos sold were shorts sales and seventeen (17) were bank-owned (REO) sales. Of the REO sales, four (4) were at Nihilani of Princeville and four (4) were at Princeville Mauna Kai.  So, the condo sales statistics show us that nearly 50% of the sales were bank-owned or short sales.    

The least expensive condo that sold in 2011 was Pali Ke Kua #238 that sold for $40,000. It was a bank-owned (REO) leasehold condo of  993 square feet with 2 bedroom/2bathroom with some ocean view. According to the public records, it was purchased by the leaseholder. 

The most expensive condo sold in 2011 was Ka'iulani of Princeville #18.  That condo has such beautiful views. It sold for $1,375,000. It has 3 bedrooms/3.5 bathrooms with 2864 square feet of living space on two levels plus a two car garage and a 167 square foot lanai.  If you are interested in the Ka'iulani Development, I have two well-priced listings.  You can find out more on my website at www.carolskon.com

If yo are interested in more information on the condo sales statistics, please contact me.  

Price Reduced

Nihilani at Princeville 13A   $499,000

This spacious, two-story three bedrooms, 2.5 baths, plus an office condo for sale at Nihilani at Princeville Resort is well-designed. This floor plan continues to be the most popular floor plan in the development – the Makani townhome. It offers 1874 square feet of living area and includes central air-conditioning, granite counters, stainless steel appliances, ceiling fans, recessed lighting, walk-in closets, an office/study, and large bedrooms and bathrooms with shower and tub. The high ceilings and doors add a touch of luxury.

One of the many upgrades in this condo for sale is the wide plank Quickstep laminated flooring on the main level in the living/ding area. The flooring is maple colored to coordinate with the kitchen cabinetry that has upgraded under-cabinet lighting.  The home is wired for a sound system. The half bath on the main level and the second upstairs bath have upgraded slab granite countertops. The tiled showers were upgraded with decorative tile inlays. 

Three spacious, covered lanais offer additional space to relax and enjoy indoor/outdoor living in Kauai's pleasant climate. A two-car garage conveniently stores your vehicles in this condo for sale.

Nihilani at Princeville offers an outdoor recreation center that includes a tropical multi-level pool with waterfall, a poolside cabana and spa, all situated within beautifully landscaped, Hawaiian gardens.

Whether you will make this luxurious townhome your permanent residence, vacation retreat, or investment property, Nihilani at Princeville Resort development is truly a place in paradise.  

For more photos you can visit my website at carolskon.com

Or call me at 808.634.2945.

 Just Sold  

Kauai Beach Resort 3314    $59,500

The Buyers will enjoy their new investment property of this studio condominium at Kauai Beach Resort.

The Kauai Beach Resort is a deluxe 5 story oceanfront resort with 350 deluxe hotel guestrooms situated on 25 lushly landscaped acres of Kauai's longest exploring and strolling beach is located north of the town of Lihue, Hawaii and minutes from the Lihue Airport. Surrounded by exotic lagoons, cascading waterfalls and lush tropical settings, the Kauai Beach Resort offers a central, convenient location close to the airport, shopping, championship golf and all of Kauai's great activities and adventures.

This condo is in the Aqua Resort Rental Program. If you want to come for  a stay, go to Aqua Resorts Kauai Beach Resort.

If you want to buy, currently there are 6 condos for sale priced from $57,000 to $89,900. These units originally sold in 2006 for $320,000 to over $400,000.

The median sales price for these condos for sale was $329,00 in 2006. In the second quarter of 2011, the median sales price dropped to $35,000.  In the third and fourth quarters of this year, the median sales prices started to rise. 

 Contact me if you are interested in investing in one of these great condos for sale.

Just Sold

Waipouli Beach Resort C206   $260,000

I represented the Buyer who got a great buy on this REO (foreclosure) one bedroom/2 bathroom condo for sale at Waipouli Beach Resort C206. Waipouli Beach Resort is a deluxe four story oceanfront resort located in Kapaa on the east side of Kauai, Hawaii. It offers 190 condos from studio/hotel rooms to two bedroom/three bathrooms.  The resort on-site amenities include a two-acre fantasy pool and waterfalls, snack & beachside bar, spa and restaurant. You can find out more about the on-site restaurant at http://www.oasiskauai.com/Oasis.html

Just across the street you will find a shopping center with restaurants, a grocery store, drug store and other shopping. 

Waipouli Beach Resort was built in 2006. The condos for sale include upscale finishings with granite countertops, Peruvian Travertine stone tile floors, appliances by Subzero, Wolfe and Fisher Paykel, Jacuzzi soaking tubs, central air conditioning, crown molding, double paned energy efficient windows and hardwood cabinets.

Currently there are 25 condos for sale at Waipouli Beach Resort priced from $225,000 for a studio/hotel room to $2,200,000 for a two bedroom/three bath oceanfront condo. The prices have really come down at the Waipouli Beach Resort.  Here are the sales statistics:  As you can see, the median sales price is now at the lowest since the resort was built.

Call me or email me if you are interested in learning more about the great condos for sale at Waipouli Beach Resort.

You can always come for a visit before you buy. Make your reservations with Outrigger, the on-site rental management company: http://www.outrigger.com/hotels-resorts/hawaiian-islands/kauai/outrigger-waipouli-beach-resort

 Ali'i Kai 14A Condo for Sale.  Offered for $299,000

Great Ocean, Mountain and Waterfall Views from Ali'i Kai II 14A.  This two bedroom/two bathroom condo for sale offers ocean, mountain and waterfall views from kitchen/living/dining rooms. 1020 square feet plus lanai. Wake up in the master bedroom to the mountain and waterfall views and in the second bedroom - ocean views. Each bedroom has its own separate bathroom in this condo for sale. This is a ground floor end unit with no stairs to climb.

Ali'i Kai II is a development of 56 condominiums that were originally built in 1980. Some of the condos offer ocean views and many have mountain views. Alii Kai 14A has both. Amenities include a swimming pool, grill area and a resident manager.

For those of you who are thinking of buying, can it get any better than this?  Don't wait.  Median Sales Prices at Ali'i Kai II are back to 2002 pricing. That is way down from the top in 2006 when Ali'i Kai II 8H sold for $765,000.  

Call me or email me with your questions.

Great Deal on a condo in Kalaheo, Kauai at Kaleheo Pali Kai. Short Sale offered for $220,000. 

Kalaheo Pali Kai #12 offers three bedrooms and two bathrooms on two levels with ocean views from both levels. The kitchen, living and dining areas are located on the upper level, all with ocean views. Relax on the upper lanai accessed from both the living and dining areas. On the upper level you will also find a bedroom and bath opening to a private patio area. The lower level has two bedrooms, both with ocean views and direct access to a lanai. You will also find a second bath, a laundry area complete with a laundry sink, and a bonus or storage room of approximately 135 sq feet that is currently used as a fitness/workout room.

Carpet in living room, wood floors in dining, kitchen and upstairs bedroom, tile in downstairs areas. Custom etched mirrors in every room. Inlaid tile designs on floors of downstairs bedroom and hallway.

Furnishings are included!!

Parking includes two assigned spaces. Pets are allowed. The amenities include a tennis court with basketball net and a pool. Located close to the affordable Kukuiolono Golf Course.

For more photos visit my website at: www,carolskon.com 

Price Reduction on this fabulous Villas of Kamalii.  Now offered for $629,000.

Beautiful Mountain and Waterfall views from Villas of KamaIi’i – a private gated community within Princeville.
This split level three bedroom/three bathroom townhome is in excellent condition.  Asian-influenced décor and bamboo flooring in the main living area add to the appeal.  A large foyer invites you into the home.

The kitchen has beautiful wood cabinets and granite countertops. There are two master bedroom suites – one on the upper level and one on the lower level.  Both master bedrooms have their own private lanais. Both bathrooms offer dual sinks. The upper level master bathroom includes a walk-in glass block shower and the lower level master has a jetted tub. The third bedroom is currently being used as an office and is just across the hallway to the third bathroom. Single car garage.

Villas of Kamali’i is a quiet gated community of 59 townhomes. Amenities include a swimming pool, spa, barbeque area.

This is NOT a distressed property..just a well-priced townhome that has beautiful mountain views and is in excellent condition.  Call me or email for more details.

Here is a look at the North Shore Home Sales on the North Shore of Kauai (Hanalei District) through September. The statistics here go back to 1996 and include January through September only.  This information is drawn from the Kauai MLS and is deemed reliable but not guaranteed.

68 single family residences sold so far this year - an increase from 57 during the same period last year.  It is also an increase from the number of sales in 2008 and 2009 in the same period.  Eight (8) of the sales were REOs (bank-owned foreclosures) and ten (10) were short sales.  35 of those sales were in Princeville.

The most expensive home that was reported in the North Shore Home Sales sold for $8,500,000. It is a four bedroom, four bath home right on Hanalei Bay. There were four (4) homes that sold above $4 million this year.

The least expensive home reported sold in the North Shore Home Sales is a 3 bedroom, three bathroom home located in Kilauea.  It sold for $335,000. There were five (5) homes that sold below $400,000 on the North Shore. 

While the number of sales is on the rise, the median sale price has continued to remain fairly steady.