Lance Owens, Realtor, Kailua Kona, Hawaii, Real Estate, Information, Blog, Kona Real Estate,

IndyMac Bank - To Busy to take my call ???

2008-07-16T12:06:00Z

Any insight on when Indymac may start answering phones again.

I am in the middle of a short sale - got a great offer - presented it on Thursday - now the phone message is - Sorry we are to busy to answer phones - and hangs up?

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

June 2008 MLS market reports are in - Median Sales Price - Kona Real Estate

2008-07-15T12:23:49Z

Island wide - Median Sales Price slowed 15% from June last year, with Kona showing a little more than 9% drop in Median Sales Price. Very Interesting if you looked at my last 2 reports - 38% drop in the number of sales, and 54% drop in the $ amount exchanging hands? But only a 9% drop in median price? Does that mean we are near the bottom ? Not sure, and I just called the wizardry repair shop - sat on hold for an hour - and then was told that my crystal ball is still not ready - parts are still on back order? So I went to my back up fortune teller - my dart board- according to my first throw - we are close - of course I missed the board on my second throw, and my third was a bulls-eye! So the answer is - I still don't know - but going back to old fashioned way of predicting, looking at figures, occupancy rates, VOG, still not sure. One thing that I think may make a big impact is this travel arrangement with China - making Hawaii a - Vacation Destination - lifting a lot of the travel restrictions on Visa's, and actually allowing the Chinese to advertise Hawaii as a vacation destination - which is huge deal for the Chinese. We have a large Asian population here in Hawaii, and speaking with local Chinese client's (from China) they believe that this is going to make a big impact on Hawaii. I really need to dive into this and find out more - but supposedly the first group came through here last month - I know they made a big deal on the News about the California visit - but the Hawaii one went right under the radar. So I will have more on that as I research it.

(copy of statement on sales numbers) Sitting down and talking with other agents, and gathering my information - I think a big part of this drop, is the closing of 2 major airlines serving the Big Island - Aloha & ATA. That made a huge impact that I think we are really just now feeling - why just now, when the airlines closed months ago. I believe that the people that were only a month or two out from their vacation - bit the bullet and paid the extra airfare. But I believe the people that were 3 - more months out - had enough time to cancel hotels, rebook to cheaper areas. I mean just imagine - many of these family's had planned this vacation for years, then all of the sudden the refund they got on their tickets was $500.00 each (approx.) Now when they rebook tickets - prices have jumped to $1,200. A ticket - Xs a family of 5!!! Woo Woo Woo - that put the brakes on Hawaii real quick - good news more carriers are opening up to Hawaii, and rates are dropping again.

Another factor may be the VOG - but that calls for a whole new BLOG.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

MLS Sales Statistics
*Median Sales Price*
		981,000	1,004,750	23,750	2.42%	2,040,250	1,476,550	<563,700>	<27.63%>
		MONTH OF		#	%	YEAR		#	%
Big		June		Increase /	Increase /	TO DATE		Increase /	Increase /
Island		2007	2008	<Decrease>	<Decrease>	2007	2008	<Decrease>	<Decrease>
ENTIRE	Residential	364,000	309,250	<54,750>	<15.04%>	419,500	375,000	<44,500>	<10.61%>
	Vacant Land	48,000	45,500	<2,500>	<5.21%>	45,000	43,700	<1,300>	<2.89%>
	Commercial	167,500	255,000	87,500	52.24%	960,000	555,000	<405,000>	<42.19%>
	Condominium	401,500	355,000	<46,500>	<11.58%>	411,250	450,350	39,100	9.51%
	Business	0	40,000	40,000	0.00%	204,500	52,500	<152,000>	<74.33%>
PUNA	Residential	254,500	231,250	<23,250>	<9.14%>	260,000	231,000	<29,000>	<11.15%>
	Vacant Land	39,500	34,000	<5,500>	<13.92%>	38,500	34,000	<4,500>	<11.69%>
	Commercial	225,000	430,000	205,000	91.11%	225,000	769,274	544,274	241.90%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	555,000	555,000	0.00%
SOUTH HILO	Residential	328,000	280,000	<48,000>	<14.63%>	347,000	339,000	<8,000>	<2.31%>
	Vacant Land	207,250	258,000	50,750	24.49%	205,000	277,000	72,000	35.12%
	Commercial	110,000	80,000	<30,000>	<27.27%>	532,500	320,000	<212,500>	<39.91%>
	Condominium	155,000	157,500	2,500	1.61%	137,100	120,000	<17,100>	<12.47%>
	Business	0	0	0		170,000	65,000	<105,000>	<61.76%>
NORTH HILO	Residential	434,000	297,900	<136,100>	<31.36%>	362,500	373,950	11,450	3.16%
	Vacant Land	595,000	0	<595,000>	<100.00%>	407,500	375,000	<32,500>	<7.98%>
	Commercial	0	0	0		2,650,000	0	<2,650,000>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
HAMAKUA	Residential	387,000	397,000	10,000	2.58%	375,000	400,000	25,000	6.67%
	Vacant Land	222,500	380,000	157,500	70.79%	320,000	270,000	<50,000>	<15.63%>
	Commercial	0	0	0		0	455,000	455,000	0.00%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
NORTH KOHALA	Residential	850,000	345,000	<505,000>	<59.41%>	937,500	675,000	<262,500>	<28.00%>
	Vacant Land	672,500	745,000	72,500	10.78%	520,000	692,500	172,500	33.17%
	Commercial	0	0	0		600,000	0	<600,000>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	122,500	122,500	0.00%
SOUTH KOHALA	Residential	572,077	491,305	<80,772>	<14.12%>	548,500	495,000	<53,500>	<9.75%>
	Vacant Land	390,000	175,000	<215,000>	<55.13%>	460,000	277,000	<183,000>	<39.78%>
	Commercial	0	0	0		362,000	1,595,000	1,233,000	340.61%
	Condominium	949,000	420,000	<529,000>	<55.74%>	829,500	649,900	<179,600>	<21.65%>
	Business	0	40,000	40,000	0.00%	0	40,000	40,000	0.00%
NORTH KONA	Residential	558,230	505,000	<53,230>	<9.54%>	604,040	552,500	<51,540>	<8.53%>
	Vacant Land	823,500	255,000	<568,500>	<69.03%>	430,000	297,500	<132,500>	<30.81%>
	Commercial	0	0	0		1,915,000	1,600,000	<315,000>	<16.45%>
	Condominium	398,000	420,500	22,500	5.65%	389,000	370,000	<19,000>	<4.88%>
	Business	0	0	0		239,000	28,000	<211,000>	<88.28%>
SOUTH KONA	Residential	437,000	525,000	88,000	20.14%	525,000	502,500	<22,500>	<4.29%>
	Vacant Land	43,000	123,750	80,750	187.79%	275,000	277,500	2,500	0.91%
	Commercial	0	0	0		5,885,000	0	<5,885,000>	<100.00%>
	Condominium	0	0	0		245,000	0	<245,000>	<100.00%>
	Business	0	0	0		0	0	0
KA'U	Residential	277,450	165,000	<112,450>	<40.53%>	250,000	198,500	<51,500>	<20.60%>
	Vacant Land	42,625	83,000	40,375	94.72%	33,750	40,000	6,250	18.52%
	Commercial	0	0	0		0	0	0
	Condominium	0	0	0		310,000	0	<310,000>	<100.00%>
	Business	0	0	0		0	0	0

June 2008 MLS market reports are in - Sales Volume ($ amount) - Kona Real Estate

2008-07-15T11:54:28Z

Island wide sales Volume slowed 67% from June last year, with Kona showing a little more than 54% drop in sales volume (dollar amount exchanging hands) .

Another factor may be the VOG - but that calls for a whole new BLOG.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

MLS Sales Statistics
*Sales Volume*
		198,392,890	70,623,384	<127,769,506>	<64.40%>	975,269,858	578,081,157	<397,188,701>	<40.73%>
		MONTH OF		#	%	YEAR		#	%
Big		June		Increase /	Increase /	TO DATE		Increase /	Increase /
Island		2007	2008	<Decrease>	<Decrease>	2007	2008	<Decrease>	<Decrease>
ENTIRE	Residential	125,597,448	41,004,481	<84,592,967>	<67.35%>	545,351,498	332,404,687	<212,946,811>	<39.05%>
	Vacant Land	46,635,970	16,733,300	<29,902,670>	<64.12%>	233,297,247	107,807,225	<125,490,022>	<53.79%>
	Commercial	335,000	510,000	175,000	52.24%	30,502,000	12,727,989	<17,774,011>	<58.27%>
	Condominium	25,824,472	12,335,603	<13,488,869>	<52.23%>	163,728,113	124,076,256	<39,651,857>	<24.22%>
	Business	0	40,000	40,000	0.00%	2,391,000	1,065,000	<1,326,000>	<55.46%>
PUNA	Residential	15,459,150	9,392,385	<6,066,765>	<39.24%>	80,531,400	52,734,957	<27,796,443>	<34.52%>
	Vacant Land	9,168,714	3,292,800	<5,875,914>	<64.09%>	35,304,520	21,014,910	<14,289,610>	<40.48%>
	Commercial	225,000	430,000	205,000	91.11%	225,000	3,716,056	3,491,056	1551.58%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	555,000	555,000	0.00%
SOUTH HILO	Residential	5,307,500	6,831,999	1,524,499	28.72%	42,476,850	30,671,934	<11,804,916>	<27.79%>
	Vacant Land	4,955,000	1,096,000	<3,859,000>	<77.88%>	21,451,500	10,919,500	<10,532,000>	<49.10%>
	Commercial	110,000	80,000	<30,000>	<27.27%>	7,175,000	1,750,000	<5,425,000>	<75.61%>
	Condominium	2,164,100	760,000	<1,404,100>	<64.88%>	5,669,500	2,124,000	<3,545,500>	<62.54%>
	Business	0	0	0		319,000	197,000	<122,000>	<38.24%>
NORTH HILO	Residential	868,000	297,900	<570,100>	<65.68%>	3,831,601	1,742,900	<2,088,701>	<54.51%>
	Vacant Land	1,190,000	0	<1,190,000>	<100.00%>	3,964,000	2,575,000	<1,389,000>	<35.04%>
	Commercial	0	0	0		2,650,000	0	<2,650,000>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
HAMAKUA	Residential	774,000	2,749,000	1,975,000	255.17%	8,505,000	7,067,000	<1,438,000>	<16.91%>
	Vacant Land	445,000	760,000	315,000	70.79%	2,425,000	1,782,000	<643,000>	<26.52%>
	Commercial	0	0	0		0	910,000	910,000	0.00%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
NORTH KOHALA	Residential	4,165,000	345,000	<3,820,000>	<91.72%>	22,277,500	13,733,000	<8,544,500>	<38.35%>
	Vacant Land	4,150,000	5,049,000	899,000	21.66%	10,256,000	11,208,000	952,000	9.28%
	Commercial	0	0	0		600,000	0	<600,000>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	245,000	245,000	0.00%
SOUTH KOHALA	Residential	60,489,566	6,289,610	<54,199,956>	<89.60%>	144,564,334	70,098,174	<74,466,160>	<51.51%>
	Vacant Land	6,055,000	2,240,000	<3,815,000>	<63.01%>	74,618,925	10,788,500	<63,830,425>	<85.54%>
	Commercial	0	0	0		362,000	1,595,000	1,233,000	340.61%
	Condominium	15,646,333	5,597,900	<10,048,433>	<64.22%>	95,422,335	80,813,400	<14,608,935>	<15.31%>
	Business	0	40,000	40,000	0.00%	0	40,000	40,000	0.00%
NORTH KONA	Residential	30,766,083	13,998,587	<16,767,496>	<54.50%>	209,347,548	137,260,664	<72,086,884>	<34.43%>
	Vacant Land	18,871,000	2,259,000	<16,612,000>	<88.03%>	47,328,900	30,275,500	<17,053,400>	<36.03%>
	Commercial	0	0	0		13,605,000	4,756,933	<8,848,067>	<65.04%>
	Condominium	8,014,039	5,977,703	<2,036,336>	<25.41%>	61,836,278	41,138,856	<20,697,422>	<33.47%>
	Business	0	0	0		2,072,000	28,000	<2,044,000>	<98.65%>
SOUTH KONA	Residential	2,746,499	525,000	<2,221,499>	<80.88%>	17,653,139	11,693,058	<5,960,081>	<33.76%>
	Vacant Land	43,000	958,500	915,500	2129.07%	29,676,170	12,993,220	<16,682,950>	<56.22%>
	Commercial	0	0	0		5,885,000	0	<5,885,000>	<100.00%>
	Condominium	0	0	0		490,000	0	<490,000>	<100.00%>
	Business	0	0	0		0	0	0
KA'U	Residential	5,021,650	575,000	<4,446,650>	<88.55%>	16,164,126	7,403,000	<8,761,126>	<54.20%>
	Vacant Land	1,758,256	1,078,000	<680,256>	<38.69%>	8,272,232	6,250,595	<2,021,637>	<24.44%>
	Commercial	0	0	0		0	0	0
	Condominium	0	0	0		310,000	0	<310,000>	<100.00%>
	Business	0	0	0		0	0	0

June 2008 MLS market reports are in - Number of Sales - Kona Real Estate

2008-07-15T11:28:15Z

Island wide sales slowed 35% from June last year, with Kona showing a little more than 38% drop in sales.

Sitting down and talking with other agents, and gathering my information - I think a big part of this drop, is the closing of 2 major airlines serving the Big Island - Aloha & ATA. That made a huge impact that I think we are really just now feeling - why just now, when the airlines closed months ago. I believe that the people that were only a month or two out from their vacation - bit the bullet and paid the extra airfare. But I believe the people that were 3 - more months out - had enough time to cancel hotels, rebook to cheaper areas. I mean just imagine - many of these family's had planned this vacation for years, then all of the sudden the refund they got on their tickets was $500.00 each (approx.) Now when they rebook tickets - prices have jumped to $1,200. A ticket - Xs a family of 5!!! Woo Woo Woo - that put the brakes on Hawaii real quick - good news more carriers are opening up to Hawaii, and rates are dropping again.

Another factor may be the VOG - but that calls for a whole new BLOG.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

MLS Sales Statistics
*Number of Sales*
		432	248	<184>	<42.59%>	2303	1500	<803>	<34.87%>
		MONTH OF		#	%	YEAR		#	%
Big		June		Increase /	Increase /	TO DATE		Increase /	Increase /
Island		2007	2008	<Decrease>	<Decrease>	2007	2008	<Decrease>	<Decrease>
ENTIRE	Residential	161	104	<57>	<35.40%>	896	619	<277>	<30.92%>
	Vacant Land	223	110	<113>	<50.67%>	1107	648	<459>	<41.46%>
	Commercial	2	2	0	0.00%	15	16	1	6.67%
	Condominium	46	31	<15>	<32.61%>	276	209	<67>	<24.28%>
	Business	0	1	1	0.00%	9	8	<1>	<11.11%>
PUNA	Residential	60	40	<20>	<33.33%>	288	212	<76>	<26.39%>
	Vacant Land	147	71	<76>	<51.70%>	723	413	<310>	<42.88%>
	Commercial	1	1	0	0.00%	1	5	4	400.00%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	1	1	0.00%
SOUTH HILO	Residential	15	21	6	40.00%	116	85	<31>	<26.72%>
	Vacant Land	14	4	<10>	<71.43%>	54	42	<12>	<22.22%>
	Commercial	1	1	0	0.00%	6	5	<1>	<16.67%>
	Condominium	12	5	<7>	<58.33%>	35	19	<16>	<45.71%>
	Business	0	0	0		2	3	1	50.00%
NORTH HILO	Residential	2	1	<1>	<50.00%>	9	4	<5>	<55.56%>
	Vacant Land	2	0	<2>	<100.00%>	8	7	<1>	<12.50%>
	Commercial	0	0	0		1	0	<1>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
HAMAKUA	Residential	2	6	4	200.00%	14	13	<1>	<7.14%>
	Vacant Land	2	2	0	0.00%	5	6	1	20.00%
	Commercial	0	0	0		0	2	2	0.00%
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	0	0
NORTH KOHALA	Residential	5	1	<4>	<80.00%>	22	16	<6>	<27.27%>
	Vacant Land	6	7	1	16.67%	15	15	0	0.00%
	Commercial	0	0	0		1	0	<1>	<100.00%>
	Condominium	0	0	0		0	0	0
	Business	0	0	0		0	2	2	0.00%
SOUTH KOHALA	Residential	22	12	<10>	<45.45%>	131	85	<46>	<35.11%>
	Vacant Land	7	4	<3>	<42.86%>	55	20	<35>	<63.64%>
	Commercial	0	0	0		1	1	0	0.00%
	Condominium	15	9	<6>	<40.00%>	96	87	<9>	<9.38%>
	Business	0	1	1	0.00%	0	1	1	0.00%
NORTH KONA	Residential	31	19	<12>	<38.71%>	225	148	<77>	<34.22%>
	Vacant Land	6	5	<1>	<16.67%>	39	32	<7>	<17.95%>
	Commercial	0	0	0		4	3	<1>	<25.00%>
	Condominium	19	17	<2>	<10.53%>	142	103	<39>	<27.46%>
	Business	0	0	0		7	1	<6>	<85.71%>
SOUTH KONA	Residential	6	1	<5>	<83.33%>	29	20	<9>	<31.03%>
	Vacant Land	1	6	5	500.00%	46	28	<18>	<39.13%>
	Commercial	0	0	0		1	0	<1>	<100.00%>
	Condominium	0	0	0		2	0	<2>	<100.00%>
	Business	0	0	0		0	0	0
KA'U	Residential	18	3	<15>	<83.33%>	62	36	<26>	<41.94%>
	Vacant Land	38	11	<27>	<71.05%>	162	85	<77>	<47.53%>
	Commercial	0	0	0		0	0	0
	Condominium	0	0	0		1	0	<1>	<100.00%>
	Business	0	0	0		0	0	0

Vista Waikoloa, in Foreclosure, Short Sale negotiated, buyer cannot perform, For Sale!

2008-07-12T12:41:39Z

Got a great unit for sale over at Vista Waikoloa Condominium Complex, This unit is in foreclosure, we have negotiated the lowest price in there since 2004, the final price after the Bank, Maintenance Fees, taxes, escrow fees, I am talking about out the door price of $439,000. We are in Escrow and scheduled to close on the 20th, when our foreign buyer decided not to perform - so here it is - ready to close in a week - all the work is done. (this price is with no commissions paid to cooperating brokers - sorry - will sell at $469,000 and pay commissions) We jusst need to move this for our client - before the bank takes it back. (by the way - the amount owed is about $525,000 - this was a hard negotiation to get at that $439,000 number)

Same floor plan closed in May for $625,000 (E 303) Granted this unit was cleaner - but $185,000 ????NO! 2 other distressed sales closed in there this year at $450,000. So this is still the best buy!

This is being sold - Turn Key - and even though I don't have last years records for vacation rental history - her tax records indicate it produced $65,000 income - not bad.

And this Unit is a ground floor, no waiting for elevators, no dragging your suitcases up the stairs, just walk off your huge Lanai, out onto the grass, smell the flowers. Also (A 102) is one of the few buildings that is protected from those strong Waikoloa winds, and your not looking into other units, or Kolea, just a nice open view. There is some Ocean in the view also, and your sitting right across the street from the trail down to "A" Bay Just stroll down to beach and watch one of the best sunsets in the world, feet in the sand, Pacific ocean, lapping at your feet! Life doesn't get much sweeter than this.

These units have a great Vacation Rental track record - just google them and take a look, this concrete building was built in 1990, has a great amenities - swimming pool, jacuzzi, BBQ area, mature landscaping, walk to the Kings shops, Queens shops, Hilton Waikoloa, you also get Waikoloa Beach Community Privileges owning one of these units (its not free though)

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

Head over to my website for more photos

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Ranchers Special - 4/3 Home on 8 Acres - completly fenced for pets, Horses, Cattle, Goats

2008-07-08T13:00:31Z

Located in Upcountry Mountain View, Hawaii. with plenty of sunshine and rain - perfect weather year around!

4 bed/3 bath Home built in 2004, 1,776 sqft, nice open airy floor plan. Modern appliances, 15,000 gallon water catchment system with state of the art water filtration system. This home is on the grid, but you can go off the grid if you want - with no CC&Rs, and 8 acres - you can pretty much do anything you want. Solar/Wind ??? Fully fenced from the ground up to 4 feet - go ahead and let the dogs run free, or bring along your horses, cattle, goats ???

The owner of this lot is an excavator, and has gently graded the lot, leaving in trees and natural terrain, but clearing out all the invasive plants. Deep soil for your farming needs also.

Worried about the Volcano - this chart below is from the USGS website.

But a quick reference for your information

This Home - Lava Zone 3

Hawaiian Ocean View Estates - Lava Zone 2

Pahaoa - Lava Zone 2

Kalapana - Lava Zone 2

Keaau - Lava Zone 3

Hilo - Lava Zone 3

Captain Cook - Lava Zone 3

Kealakekua - Lava Zone 3

Holualoa - Lava Zone 4

Kailua Kona - Lava Zone 4

Keauhou - Lava Zone 4

Hualalai - Lava Zone 4

Kona International Airport - Lava Zone 4

Waikoloa - Lava Zone 8

Waimea - Lava Zone 8

Kohala - Lava Zone 9

Hazard Zones for Lava Flows on the Island of Hawai`i
Hazard zones from lava flows on the Island of Hawai`i are based chiefly on the location and frequency of historic and prehistoric eruptions and the topography of the volcanoes. Scientists have prepared a map that divides the five volcanoes of the Island of Hawai`i into zones that are ranked from 1 through 9 based on the relative likelihood of coverage by lava flows.
Zone	Percentage of area covered by lava since 1800	Percentage of area covered by lava in last 750 years	Explanation
1	greater than 25	greater than 65	Includes the summits and rift zones of Kilauea and Mauna Loa where vents have been repeatedly active in historic time.
2	15-25	25-75	Areas adjacent to and downslope of active rift zones.
3	1-5	15-75	Areas gradationally less hazardous than Zone 2 because of greater distance from recently active vents and/or because the topography makes it less likely that flows will cover these areas.
4	about 5	less than 15	Includes all of Hualalai, where the frequency of eruptions is lower than on Kilauea and Mauna Loa. Flows typically cover large areas.
5	none	about 50	Areas currently protected from lava flows by the topography of the volcano.
6	none	very little	Same as Zone 5.
7	none	none	20 percent of this area covered by lava in the last 10,000 yrs.
8	none	none	Only a few percent of this area covered in the past 10,000 yrs.
9	none	none	No eruption in this area for the past 60,000 yrs.
Reference Wright, T.L., Chu, J.Y., Esposo, J., Heliker, C., Hodge, J., Lockwood, J.P., and Vogt, S.M., 1992, Map showing lava-flow hazard zones, island of Hawaii: U.S. Geological Survey Miscellaneous Field Studies Map MF-2193, scale 1:250,000.

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Great Vacation rental in Waikoloa - Vista Waikoloa

2008-06-29T22:28:19Z

Great Deal in Vista Waikoloa

Unit A102 - just fell out of Escrow 7/12/2008 - you can pick this up for a song. MLS price is $469,999 - call for a cash price!

This is a Short Sale - meaning the client owes the bank about $525,000, and we have already negotiated the reduced price and this unit is ready to close - normal short sales take 2-3 months minimum - dont let this scare you away - THIS PRICE IS ALREADY NEGOCIATED WITH THE BANK - we can close on this next week!

This is better than buying a Foreclosure - you get the price of a foreclosure without the risks. You also get title insureance and a clear title!!!

Follow this link below for more details

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Aloha, and have a great day

Lance Owens (RS)

(808) 936-8383

Lance@KonaHomeTeam.com

www.KonaHomeTeam.com

Aloha Kona Realty Inc.

78-6740 Alii Drive

Hualalai Colony Luxury Home, Kailua Kona, Holualoa area, Hawaii, Gated, Tennis Courts

2008-06-29T13:40:58Z

Lance Owens | Aloha Kona Realty Inc. | lance@konahometeam.com | (808) 936-8383

75-5608 HIENALOLI-KAHULUI RD, Kailua Kona, HI

Hualalai Colony - Gated Community - Tennis Court - Ocean VIews -
Luxury Home

3BR/2BA Single Family House

offered at $949,000

Year Built	2002
Sq Footage	2,002
Bedrooms	3
Bathrooms	2 full, 0 partial
Floors	1
Parking	2 Car garage
Lot Size	16,973 sqft
HOA/Maint	$125 per month

DESCRIPTION

Remarks: This home was designed by renowned architect “Lucky Bennett” with special attention paid to the Panoramic - Coastline and Ocean Views. Lucky really knows how to bring the outside – in, all you need to do is push open the wall of glass doors and extend your living area onto the Lanai. With Custom Cabinets and Granite matching throughout this home, there seems to be no detail overlooked. The Master Bath will truly make her feel like a Queen, whether soaking in the Jacuzzi bath, or deciding what shoes to wear from the large walk in closet.
The Kitchen is designed with cooking in mind, very well laid out, and once again Lucky takes advantage of those stunning ocean views
Overlooking Kailua Kona, this Holualoa home is located in a secure, private, gated community, with amenities like - underground utilities, tennis courts, perfect year around temperature and most of all serenity.

Water: it is county water to the subdivision, but metered by one meter, then divided evenly. Averages about $25.00 a month.
Gated Community: has association fees of $125.00 a month which includes use of the Tennis Courts, Club House, road maintenance, gate maintenance.
Blue Prints available upon request
2,002 sqft of Living area
333 sqft of Lanai
528 sqft of Garage
2,863 sqft under roof
Private: Easy Show, Call Lance on Cell 936-8383

Aloha and have a great day! Lance Owens (RS) (808) 936-8383
Email me direct Lance@KonaHomeTeam.com
View more photos at: www. KonaHomeTeam . com!
Aloha Kona Realty Inc. 78-6740 Alii Drive #5, Kailua Kona, Hi 96740

see additional photos below

PROPERTY FEATURES

Walk-in closet	Tile floor	Living room
Office/Den	Dining room	Dishwasher
Refrigerator	Stove/Oven	Microwave
Granite countertop	Stainless steel appliances	Washer
Dryer	Laundry area - inside	Balcony, Deck, or Patio
Yard

COMMUNITY FEATURES

Guest parking	Clubhouse	Tennis court(s)
Gated property

OTHER SPECIAL FEATURES

Luxury Home in Gated Comunity

ADDITIONAL PHOTOS

Seller contact info:

Lance Owens

Aloha Kona Realty Inc.

lance@konahometeam.com

(808) 936-8383

For sale by agent/broker

Equal Opportunity Housing

Posted: Jun 13, 2008, 10:36am PDT