Aloha,
I'm always talking about the overpriced inventory and that if you want to sell today, you have to be in front of the market instead of trailing behind it like so many of the properties are doing. I'm always delighted to see aggressive pricing, especially when it's one of my listings! Pu'u Po'a 404 came on the market yesterday priced at a very competative $1.095M.
First of all, take a look at the photo above (click on the image at the top for a full sized photo) and imagine yourself living in a complex perched on a bluff overlooking the blue Pacific with Bali Hai and Hanalei Bay in the background. That's Pu'u Po'a. Then imagine the unit has been tastefully upgraded with Kraftmaid cherry kitchen cabinets, durable Silestone countertops and stainless steel appliances.
Those same cherry cabinets are also in the bathrooms where you'll find a new full size LG stacked front load washer and dryer.
Living room, dining, kitchen and master all have unobstructed ocean views.
Living room detail
Built in 1981, some of the Pu'u Po'a units display their age despite having been updated after Hurricane Iniki in 1992. Not so in 404! The cottage cheese ceiling was scraped, refinished and repainted along with the rest of the unit. New fans, new screens, and even new plumbing values, lines and a water heater were installed. The unit is fully tiled for "no worry" cleaning and did I mention views?!
Here's your view of Bali Hai and the pool from the lanai.
This is pretty much the view from throughout the unit.
You wake up to full on ocean views!
Here's your view from the second bedroom. Beautiful mountains!
As for pricing, these are all the Pu'u Po'a units currently on the market. Compared to the other unit, Pu'u Po'a 404 is hands down the best buy for your hard earned dollar:
Copyright 7/7/2009 by Hawaii Information Service
225541 T A 1 4-5-4-12-11-46 FS $1,095,000 Puu Poa #404 1,352 #404 2/2
222345 T A 109 4-5-4-12-11-3 FS $1,259,000 Puu Poa #103 1,354 #103 2/2
200456 T A 671 4-5-4-12-11-14 FS $1,425,000 Puu Poa #114 2,065 #114 2/2
202256 T A 605 4-5-4-12-11-7 FS $1,490,000 Puu Poa #107 2,065 #107 2/2
216008 T A 284 4-5-4-12-11-47 FS $1,500,000 Puu Poa #405 1,800 #405 2/2
212665 T A 383 4-5-4-12-11-2 FS $1,595,000 Puu Poa #102 1,352 #102 2/2
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
There are no Pu'u Po'a's currently in escrow. .
These are the sales since 1/1/2009:
Copyright 7/7/2009 by Hawaii Information Service
208628 T S 362 4-5-4-12-11-55 FS $1,099,000 Puu Poa #413 1,777 #413 2/2
SOLD 4/24/2009 for $1,000,000 (CASH, CNV) DOM 362
217448 T S 101 4-5-4-12-11-15 FS $1,300,000 Puu Poa #201 1,359 #201 2/2
SOLD 4/8/2009 for $825,000 (CNV) DOM 101
222524 T S 59 4-5-4-12-11-53 FS $1,500,000 Puu Poa #411 1,777 #411 2/2
SOLD 7/7/2009 for $1,300,000 (CASH) DOM 59
413 was originally listed for $1.795M in 3/08 and gradually reduced over the year. It finally dropped to $1.099M on 2/27/09, and went into escrow on 3/10/09, closing for an even $1M. 413 is a top floor remodeled unit and an active vacation rental. 201 was listed for $1.3M throughout the life of the listing but closed at $825K. It is a second floor unit which overlooks the pool on the far left side of the complex. It needed updating and was pretty much in original condition. 411 just closed today. This unit went quickly, priced at $1.5M, closing at $1.3M. It is a top floor unit which has been extensively and completely renovated. Red granite countertops, travertine flooring, custom cabinets and plantations shutters were just some of the improvements. Both bathrooms were gutted and remodeled and the atrium enclosed.
It's easy to see that, comparing 404 to the other units, it is priced to sell quickly. Pu'u Po'a is one of the most desirable complexes in Princeville and is located just steps from the soon to reopen St. Regis Princeville Resort Hotel. Don't miss out on this great opportunity.
Aloha Elaine
Is tennis your game? You have your own courts at Pu'u Po'a.
Elaine Schaefer (R, CRS, GRI, ABR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
Top Producer 100% Club
RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/
......you can have your own piece of paradise
ask me how!
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