Princeville Kauai condo / house update for Dec 11th to Dec 17th

Aloha from Princeville Kauai,

The market was quite active this week as Santa worked overtime as both condos and houses flew off the shelves, just in time for some real holiday cheer. Take a look at all the new escrows and sales:

NEW LISTINGS

601623 CND A 5 $519,000 4-5-4-5-23-65 FS PLANTATION #1711 1,153 sqft 2 2.00
602355 CND A 2 $539,000 4-5-4-11-3-119 FS HANALEI BAY RESORT #T33 867 sqft 1 2.00
602338 CND A 1 $774,000 4-5-4-6-1-22 FS VILLAS OF KAMALII #22 1,825 sqft 3 3.00
602312 CND W 206 $1,795,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01
602311 CND W 203 $1,795,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01

Contingent Sales

298847 CND C 109 $359,000 4-5-4-5-18-16 FS Puamana #4D 1,298 sqft 2 2.00
297940 CND C 141 $425,000 4-5-4-15-21-73 FS Sandpiper #236 1,173 sqft 2 2.01
285464 CND C 521 $725,000 4-5-4-5-39-177 FS Cliffs #8203 1,864 sqft 4 4.00
601944 MTF C 9 $325,000 4-5-4-5-27-4 FS HALE HONU #2B 3.00 ac 866 sqft 2 1.00

Sales

297063 CND S 137 $365,700 4-5-4-5-17-12 FS Alii Kai #9D 1,020 sqft 2 2.00
SOLD 12/12/2016 for $345,000 (CASH) DOM 137

298773 CND S 24 $645,000 4-5-4-12-9-17 FS Pali Ke Kua #139 993 sqft 2 2.00
SOLD 12/8/2016 for $575,000 (CNV) DOM 24

291744 CND S 198 $679,000 4-5-4-5-24-21 FS Nihilani #7C 1,972 sqft 3 3.00
SOLD 12/11/2016 for $640,000 (CNV) DOM 198

Withdrawn

602312 CND W 206 $1,795,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01
602311 CND W 203 $1,795,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01

Price Changes

600614 CND A 61 $719,000- 4-5-3-11-1-18 FS Villas On The Prince #18 1,800 sqft 3 3.00
296374 CND A 80 $1,169,000- 4-5-3-6-22-1 FS Kaiulani #1 2,843 sqft 3 3.01
297340 CND A 141 $202,700- 4-5-4-12-8-1 LH Pali Ke Kua #1 993 sqft 1 1.01
296302 CND A 190 $535,000- 4-5-4-12-10-29 FS Emmalani Court #422 1,192 sqft 2 2.00
296623 CND A 176 $599,000- 4-5-4-5-23-60 FS Plantation #1522 1,318 sqft 3 3.00

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

New Listings:

Plantation 1711 is listed for $519K and last sold for $360K in 6/13.

Hanalei Bay Resort 2305/6 is priced at $539K since last selling for $379,367 in 6/03. It was previously listed from 6/12 to 3/14, starting at $495K and reducing to $425K before increasing again to the original price and also from 3/16 to 11/16 starting at $569K and reducing to $549K.

Villas of Kamalii 22 is for sale at $774K and last changed hands in 6/07 for $950K. This townhome was most recently listed at the same price from 8/16 to 11/16.

Kaiulani 22 came on the market priced at $1.795M and was immediately withdrawn. The unit sold from the developer in 11/07 for $1,758,070.

Contingent:

Puamana 4B is in escrow priced at $359K. It was purchased in 6/86 as a leasehold for $95K, converting to fee simple in 7/00 for $35,700. Sandpiper 236 went into escrow while priced at $425K after 136 market days. The seller paid $145K in 2/10 for this unit. With a price of $725K, Cliffs 8203 went into escrow. The most recent sale was for a leasehold unit in 7/06 for $760K, converting to fee simple in 6/06 for $240K. It only took 8 days for Hale Honu 2B to go into escrow while priced at $325K. The last sale was in 9/05 for $503K.

Sales:

Alii Kai 9D sold for $345K while listed for $365,700. The prior sale was for $107K in 10/98.

Pali Ke Kua 139 sold for $575K while listed for $645K. The sellers paid $564K in 5/13.

Nihilani 7C sold from the developer in 4/11 for $470K and closed this week for $640K while listed for $679K.

Withdrawn:

As noted above, Kaiulani 22 was withdrawn.

Price Changes:

Villas on the Prince 18 reduced $15,900 and is now listed for $719K. The unit sold in 3/02 for $487,355 from the developer. Kaiulani 1 continued it’s downward trend and went from $1.190M to $1.169M.

Pali Ke Kua 1, a leasehold unit, reduced $10K to $202,700K. The unit sold in 4/06 for $397K and was taken back by the bank on 1/14. Emmalani Court 422 is priced at $535K, which is a $15K reduction. This condo sold for $442,500 in 4/14. Plantation 1522 went from $629K to $599K. It was purchased for $536,066 from the developer in 3/06.

Now on to your Princeville Kauai single family home update:

NEW LISTINGS

602248 RES A 5 $739,000 4-5-4-23-35 FS 3793 Moae Pl 6,386 sqft 1,651 sqft 3 2.00
602319 RES A 1 $2,200,000 4-5-4-8-62 FS 3812 Punahele 14,573 sqft 3,100 sqft 3 2.01

Back on the Market

601113 RES A 33 $860,000 4-5-4-16-49 FS 4121 ROOKE PL 10,847 sqft 1,403 sqft 2 2.00
295337 RES A 158 $1,195,000 4-5-4-8-9 FS 3887 Punahele 11,139 sqft 3,246 sqft 4 3.00

Contingent Sales

293110 RES C 204 $748,000 4-5-4-20-22 FS 5127 Iolani Pl 10,421 sqft 1,354 sqft 3 2.00
295922 RES C 195 $877,000 4-5-4-18-53 FS 4547 Emmalani 10,233 sqft 1,673 sqft 3 3.00
601619 RES C 26 $879,000 4-5-4-10-28 FS 5230 HONOIKI RD 10,189 sqft 1,688 sqft 3 2.00

Sales

298067 RES S 80 $875,000 4-5-4-14-16 FS 3829 Albert Rd 10,579 sqft 2,664 sqft 4 3.00
SOLD 12/14/2016 for $815,000 (CASH) DOM 80

Withdrawn

295703 RES W 209 $888,000 4-5-4-24-15 FS 4266 Waileia Pl 8,811 sqft 1,874 sqft 3 3.00
296263 RES W 194 $1,150,000 4-5-4-16-16 FS 4050 Kaahumanu 10,753 sqft 3,048 sqft 6 3.01

Price Changes

293419 RES A 289 $699,000- 4-5-4-23-43 FS 3807 Iluna Pl 8,900 sqft 1,535 sqft 3 2.00

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

New Listings:

3793 Moae Place sold for $487K in 10/12 and is now listed for $739K. 3812 Punahele sold for $755K in 9/99 and is priced at $2.2M. It was listed once before from 11/8 to 9/09, starting at $1.795M and reducing to $1.475M.

Back on the Market:

4121 Rooke Place went into escrow on 12/10 and is back on the market still priced at $860K. The last sale was in 9/08 for $773,600. 3887 Punahele is available once again after going into escrow on 12/7. It is still priced at $1.195M and last sold for $680K in 11/10.

Contingent:

5127 Iolani Place went into escrow with a list price of $748K. The most recent purchase was for $810K in 2/07. 4547 Emmalani found a buyer while listed for $877K. The seller paid $805K in 4/05 for this home. 5230 Honoiki is in escrow while priced at $879K. The last sale of this home was in 3/11 for $595K.

Sales:

3829 Albert sold for $815K cash while listed for $875K. The home was purchased for $459K in 5/00.

Withdrawn:

After 209 market days, 4266 Waileia Place, with a list price of $888K, was withdrawn. The sellers bought this home for $818K in 9/14.

4050 Kaahumana Place, priced at $1.150M, was withdrawn after 194 days on the market. The last purchase was in 1/04 for land for $298K. The home was built later in 2004.

Price Changes:

3807 Iluna Place reduced another $15K and is now $699K. The last sale was in 2/02 for $360K. That’s it for this week.

Looks like we are going to close out the year going strong, as there have already been 52 sales as of today, Sunday. The goal is 92 or more by the end of the month. If you are planning to buy or sell, and have questions, please text or email me for the facts. Have a wonderful week and enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

Nope, not Wailua Falls – it is Whangarei Falls in Whangarei NZ!

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

Blog: Activerain.com/blogs/soldonkauai
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