Special offer

Princeville condo (and house) update for the week of Sep 27th to Oct 3rd

By
Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

Aloha,

I've been enjoying Puhi this past week as we're housesitting / cat sitting for friends that own in Villas of Puali. Our friends are fortune to have a unit down at the end of the road, which makes for a good deal of privacy. What's so great about this complex, and others in the area, is the proximity to Costco, Kukui Grove, WalMart, KMart, the movies and Duke's restaurant and their hula pie. If you've never tried hula pie, bring a friend, sit downstairs outside of the bar and have at it. Hula Pie is to die for if you like ice cream. It's a Duke's trademark dessert - vanilla ice cream on a chocolate cookie crust, liberally covered with whipped cream and drenched in hot fudge. Yes, you will need help eating this as the wedge of pie is more than ample.

Anyhow, I digress. Puhi is a great location, however, as I said the last time I was down here, as much fun as I have running around, I am a North Shore girl at heart and miss my home in just about a week's time, which is how long we are down here housesitting. On to your update:

Copyright 10/4/2009 by Hawaii Information Service

NEW LISTINGS
228175 T A 2 4-5-4-5-18-78 FS $299,000 Puamana #21D 1,532 #21D 2/2
227872 T A 6 4-5-4-5-24-16 FS $499,000 Nihilani At Princeville Resort #6A 1,874 #6A 3/2.5
227937 T A 4 4-5-4-5-16-51 FS $725,000 Alii Kai At Hanalei #6103 1,088 #6103 2/2
226521 T A 2 4-5-4-5-39-178 FS $995,000 Cliffs At Princeville #8204 1,864 #8204 4/4

BACK ON THE MARKET
222343 SH A 199 4-5-4-5-23-23 FS $150,000 Plantation At Princeville #621 1,318 #621 3/3
223828 SH A 139 4-5-4-5-23-23 FS $170,000 Plantation At Princeville #621 1,318 #621 3/3
208860 SH A 545 4-5-4-5-23-35 FS $190,000 Plantation At Princeville #921 1,318 #921 3/3
216359 T A 372 4-5-4-5-24-68 FS $575,000 Nihilani At Princeville Resort #23B 1,406 #23B 2/2
215563 T A 203 4-5-4-5-18-76 FS $599,000 Puamana #21B 1,700 #21B 3/2

SALES
222342 SH S 129 4-5-4-5-23-23 FS $150,000 Plantation At Princeville #621 1,318 #621 3/3
SOLD 9/21/2009 for $150,000 (A/S, CASH) DOM 129

226523 T S 53 4-5-4-5-4-5 FS $219,000 Princeville Mauna Kai #5A 1,503 #5A 2/2
SOLD 9/28/2009 for $275,000 (CASH) DOM 53

216008 T S 302 4-5-4-12-11-47 FS $1,500,000 Puu Poa #405 1,800 #405 2/2
SOLD 10/1/2009 for $1,050,000 (CASH) DOM 302

EXPIRED
173568 T X 1,266 4-5-4-5-17-15 FS $380,000 Alii Kai Ii Hanalei #9G 1,037 #9G 2/2
214167 T X 427 4-5-4-12-8-24 LH $449,000 Pali Ke Kua Ii #130 1,100 #130 2/2
216508 T X 358 4-5-4-5-18-38 FS $499,500 Puamana #11A 1,312 #11A 2/2
212901 T X 436 4-5-4-5-16-37 FS $649,000 Alii Kai At Hanalei #5101 1,086 #5101 2/2
216488 T X 363 4-5-4-5-16-50 FS $839,000 Alii Kai At Hanalei #6102 1,088 #6102 2/2

WITHDRAWN
222345 T W 194 4-5-4-12-11-3 FS $1,179,000 Puu Poa #103 1,354 #103 2/2

TEMPORARILY WITHDRAWN
214486 T T 420 4-5-4-5-18-89 FS $325,000 Puamana #24D 1,532 #24D 2/2
218883 T T 296 4-5-4-5-23-55 FS $557,777 Plantation At Princeville #1421 1,318 #1421 3/3

PRICE CHANGES
224638 T A 116 4-5-3-6-22-76 FS $1,100,000- Kaiulani Of Princeville #76 1,738 #76 2/2.5
225703 T A 86 4-5-4-15-21-34 FS $225,000- Sandpiper Village I #134 1,042 #134 2/2
226124 T A 69 4-5-4-5-3-3 FS $239,000- Princeville Paniolo #103 1,058 #103 1/2
226111 T A 68 4-5-4-15-21-54 FS $354,000- Sandpiper Village I #217 1,173 #217 2/2.5
227263 T A 30 4-5-4-5-24-46 FS $498,000- Nihilani At Princeville Resort #16A 1,406 #16A 2/2
208900 T A 521 4-5-4-5-4-12 FS $525,000+ Ka'eo Kai Ph I #2B 2,100 #2B 3/3
225762 T A 81 4-5-4-5-39-169 FS $615,000- Cliffs At Princeville #7305 1,137 #7305 2/2
216921 T A 355 4-5-4-5-23-3 FS $645,000- Plantation At Princeville #121 1,318 #121 3/3

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Puamana 21D, listed at the attractive price of $299K is the first new listing. Purchased in 7/90 as a leasehold for $129K and converted to fee simple in 11/00 for $35,700, this short sale is priced well below similar units:

Copyright 10/4/2009 by Hawaii Information Service

228175 T A 2 4-5-4-5-18-78 FS $299,000 Puamana #21D 1,532 #21D 2/2
222149 T A 39 4-5-4-5-18-1 FS $325,000 Puamana #1A 1,312 #1A 2/2
226997 T A 34 4-5-4-5-18-71 FS $369,000 Puamana #20A 1,532 #20A 2/2
225622 T A 88 4-5-4-5-18-39 FS $375,000 Puamana #11B 1,673 #11B 3/3
221962 T A 209 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,532 #8C 2/2
206918 T A 802 4-5-4-5-18-91 FS $385,000 Puamana #25B 1,532 #25B 2/2
218778 T A 303 4-5-4-5-18-60 FS $425,000 Puamana #17A 1,312 #17A 2/2
225775 T A 74 4-5-4-5-18-15 FS $525,000 Puamana #4C 1,532 #4C 2/2
217229 T A 340 4-5-4-5-18-6 FS $549,000 Puamana #2B 1,532 #2B 2/2
191813 T A 957 4-5-4-5-18-21 FS $579,000 Puamana #6B 1,732 #6B 3/2
223620 T A 154 4-5-4-5-18-47 FS $599,000 Puamana #13C 1,532 #13C 2/2
215563 T A 203 4-5-4-5-18-76 FS $599,000 Puamana #21B 1,700 #21B 3/2

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

This unit was briefly listed from 5/06 to 8/06 for $625K. Nihlani 6A, a 3 bedroom 2.5 bath Makani unit is another great listing at $499K. Originally purchased for $770,080 in 2/07, this agent owned unit is also a short sale. Here are all the Makani units currently listed:

Copyright 10/4/2009 by Hawaii Information Service

227872 T A 6 4-5-4-5-24-16 FS $499,000 Nihilani At Princeville Resort #6A 1,874 #6A 3/2.5
225391 T A 97 4-5-4-5-24-2 FS $639,000 Nihilani At Princeville Resort #1B 1,874 #1B 3/2.5
210691 T A 576 4-5-4-5-24-44 FS $648,000 Nihilani At Princeville Resort #15B 1,874 #15B 3/2.5

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

Ali'i Kai 6103, previously on the market from 4/08 to 9/08 at $875K, is now back listed for $725K. This vacation rental ocean view unit was purchased for $710K in 4/05 leaving the seller with little bargaining room. Cliffs 8204, one of the few 4 bedroom Cliffs units, is listed for $995K and last sold for $135K as a leasehold in 4/87 then converted to fee simple in 7/89 for $33,600. Building 8 is the best building for ocean views and this unit offers views from the two downstairs bedrooms as well as the living area and kitchen upstairs. If you've been looking for a larger unit with water views, this may be it.

Three fractional Plantation shares are back on the market, two of which are for unit 621. They are listed for $150K and $170K while the fractional share of unit 921, also back on the market, is listed at $190K. Puamana 21B, purchased for $70,000 in 4/99 as a leashold and converted to fee simple in 7/00 for $35,700 is also back listed at $599K. This unit was listed before from 11/02 to 8/04 at $488K the whole time.

There were three sales this week, starting with the a fractional Plantation share of unit 621 on 9/21/09 for $150K. Mauna Kai 5A, a bank foreclosure, sold well above the list price of $219K, closing at $275K. This unit sold previously in 8/02 for $200K and was taken back by the bank in 7/09. Also closing this week is Pu'u Po'a 405, listed for $1.5M and selling for $1.050M. Purchased for $430K in 1/00 this unit started out at $1.59M then went as low as $1.295M before jumping back up to $1.5M.

Ali'i Kai 9G, listed for $380K and purchased for $151K in 12/99 expired after a total of 1,266 days on the market. Pali Ke Kua 130, an agent owned leasehold unit listed for $449K, which was purchased for $429K in 3/06 also expired with 427 days under it's belt. Puamana 11a, which last sold for $486,500 in 6/05 expired while listed for $499,500. Two Ali'i Kai units expired -5101 listed for $649K and purchased for $595K in 5/04 and 6102 listed for $839K and purchased for $140K in 8/98.

Pu'u Po'a 103, which sold for $695K in 7/03 was temporarily withdrawn listed at $1.179M. Puamana 24D, purchased for $268K in 9/03 and listed for $325K was withdrawn along with Plantation 1421, which sold for $536,066 in 2/06 and was listed for $557,777.

Price changes, as is often the case, are the biggest catagory starting with Ka'iulani 76, purchased from the developer in 4/07 for $900,570 and reducing this week from $1.2M to $1.1M. Now that what I call a price reduction. Sandpiper 134 reduced from $245K to $225K and last sold for $485K in 7/05. Paniolo 103 tweeked it's price yet again, going from $239,650 to $239K in an effort to stay on the daily update. This unit sold in 7/09 for $184,900. Sandpiper 217 reduced from $391,900 to $354K and last sold for $310K in 2/04. Nihilani 16A, purchased from the developer in 5/06 for $603,600 also tweeked the price, reducing by $1000 from $499K to $498K. Cliffs 7305, a third floor ocean view condo offering one bedroom and a loft bedroom, went from $665K to $615K. This unit was purchased for $242K in 8/00. The final reduction is Plantation 121, an agent owned unit purchased for $488,993 in 5/05. This unit went from $665K to $645K. Now on to your Princeville home update:

Copyright 10/4/2009 by Hawaii Information Service

NEW LISTINGS
227993 RS A 4 4-5-4-18-24 FS $650,000 4679 Emmalani Dr 11,128 sqft 1,861 2/3
227655 RS A 5 4-5-4-16-68 FS $1,295,000 4401 Emmalani Dr 12,937 sqft 2,137 3/2

SALES
222919 RS S 69 4-5-4-17-2 FS $717,500 4959 Emmalani Dr 10,875 sqft 2,682 4/4.5
SOLD 10/1/2009 for $642,000 (CASH) DOM 69

EXPIRED
219338 SH X 282 4-5-4-15-3 FS $329,000 3979 Kamehameha Rd 10,772 sqft 3,558 5/3.5
221587 SH X 216 4-5-4-9-49 FS $1,150,000 5289 Pokii Ln 20,868 sqft 3,510 4/4

WITHDRAWN
223501 RS W 154 4-5-4-19-14 FS $1,350,000 5101 Kuhina Pl 20,646 sqft 3,276 4/3.5

PRICE CHANGES
216647 RS A 363 4-5-4-18-17 FS $670,000- 4725 Emmalani Dr 10,248 sqft 1,388 2/2
206198 RS A 621 4-5-4-17-21 FS $999,000- 4914 Emmalani Dr 10,500 sqft 3,238 4/3.5

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

I've been showing houses from Moloa'a to Haena this past week and want to mention a new listing located in Haena, across from Tunnel's beach with the unbelievable price of $975K. This house sits back on a flag lot so that although the address is on Kuhio Highway, the house is back far enough that road noise is not an issue. It's a great house where all you have to do is walk down the driveway, across the road and there's Tunnels. For those of you unfamiliar with Tunnels, it's a very popular snorkeling beach. If you've been looking for an affordable Haena home that doesn't need all kinds of work, call or email me about this great 2 bedroom 2 bath home that makes Haena living affordable. This house is not a vacation rental and cannot be converted to one if that is your goal. MLS 227671. That's my pick for this week. I have to mention my second pick which is on Kapaka in Princeville Ag: MLS 22786 for $995K. Call or email for details if you want a home on just over an acre that is nicely sized at 1,469 sqft.

Aloha Elaine

P1010015

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!