Aloha from Princeville Kauai,
Despite rain and wind, the real estate market was alive and well with several new escrows in condos and new listings and sales in homes. Here is your update:
NEW LISTINGS
603908 CND A 4 $585,000 4-5-4-5-39-137 FS CLIFFS #5307 1,137 sqft 2 2.00
603450 CND A 4 $599,000 4-5-4-5-24-65 FS NIHILANI #22B 1,567 sqft 2 2.01
603785 CND A 3 $935,000 4-5-4-11-3-62 FS HANALEI BAY RESORT #F16 1,324 sqft 2 2.00
Contingent Sales
603573 CND C 12 $319,000 4-5-4-5-27-8 FS HALE HONU #4B 866 sqft 2 1.00
297633 CND C 172 $375,000 4-5-4-5-27-3 FS Hale Honu 2B 866 sqft 2 1.00
603590 CND C 10 $429,000 4-5-4-5-17-39 FS ALII KAI II #12G 1,037 sqft 2 2.00
601013 CND C 91 $759,000 4-5-4-6-1-4 FS VILLAS OF KAMALII #4 1,766 sqft 3 3.00
295959 CND C 268 $779,000 4-5-4-12-9-34 FS Pali Ke Kua #246 1,150 sqft 2 2.00
Sales
600614 CND S 86 $709,000 4-5-3-11-1-18 FS Villas On The Prince #18 1,800 sqft 3 3.00
SOLD 2/9/2017 for $660,000 (CASH) DOM 86
Under Contract
299572 CND U 102 $2,490,000 4-5-3-6-22-38 FS Kaiulani #38 3,327 sqft 3 3.01
Expired
298343 CND X 184 $739,000 4-5-3-11-1-4 FS Villas On The Prince #4 1,737 sqft 3 3.00
Withdrawn
600699 CND W 109 $399,000 4-5-4-5-3-19 FS PANIOLO #204 1,058 sqft 1 2.00
Price Changes
601245 CND A 96 $1,225,000- 4-5-3-6-22-43 FS Kaiulani #43 2,443 sqft 3 3.01
297340 CND A 197 $182,700- 4-5-4-12-8-1 LH Pali Ke Kua #1 993 sqft 1 1.01
282651 CND A 682 $475,000- 4-5-4-5-39-159 FS Cliffs #7201 963 sqft 1 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:
Cliffs 5307 returned to the market priced at $585K. The unit sold in 7/04 for $470K and was previously listed from 8/06 to 3/07 for $729K and again from 5/14 to 10/15 starting at $649K, reducing to $599K over the life of the listing. Nihilani 22B is newly listed since selling from the developer in 11/06 for $680,300. The list price is $599K. Hanalei Bay Resort T14 is listed for $935K. The unit sold in 3/81 for $18K and since that time, there have been several sales of partial interests.
Contingent:
Hale Honu 4B is in escrow while priced at $319K. The most recent purchase was in $430K in 3/06. Hale Honu 2A is listed for $375K. It went into escrow this week. The last sale was for $204K in 7/10.
Alii Kai 12G is in escrow while priced at $429K. The most recent purchase was in $385K in 5/14. With a list price of $759K, Villas of Kamalii 4 went into escrow. The price on the last sale was $550K in 5/12. Pali Ke Kua 246 found a buyer while priced at $779K. The seller paid $455K in 4/01 for this unit.
Sales:
Villas on the Prince 18 sold for $660K cash while listed for $709K. The last sale was for $487,355 in 3/02 from the developer.
Under Contract:
Kaiulani 38 moved from contingent to under contract and should be closing soon. It sold for $2,338,600 in 5/07 and is listed for $2.490M.
Expired:
Villas on the Prince 4 expired after 184 days priced at $739K. The sellers paid $725K in 5/05.
Withdrawn:
After 109 days priced at $399K, Paniolo 204 was withdrawn.
Price Changes:
Kaiulani 43 is now $1.225K after a substantial $100K reduction. The most recent purchase was in 6/11 for $1.175M. Pali Ke Kua 1 reduced $10K to $182,700. The sellers paid $370K for this leasehold unit in 4/06. Cliffs 7201 reduced to $475K from $497K. It sold for $655K in 8/05.
Now on to your Princeville single family home update:
NEW LISTINGS
603838 RES A 5 $625,000 4-5-4-20-24 FS 5141 IOLANI PL 9,839 sqft 2,245 sqft 3 2.01
603824 RES A 3 $940,000 4-5-4-10-23 FS 4086 LIHOLIHO RD 10,213 sqft 2,282 sqft 3 3.00
Sales
295307 RES S 336 $869,000 4-5-4-18-46 FS 4161 Kamalani Ln 10,249 sqft 1,708 sqft 3 2.01
SOLD 2/9/2017 for $825,000 (1031, CASH) DOM 336
601619 RES S 21 $879,000 4-5-4-10-28 FS 5230 HONOIKI RD 10,189 sqft 1,688 sqft 3 2.00
SOLD 2/9/2017 for $859,000 (CNV) DOM 21
Expired
292372 RES X 237 $989,000 4-5-4-9-15 FS 4212 Liholiho Rd 11,345 sqft 1,812 sqft 3 2.01
Withdrawn
299029 RES W 161 $850,000 4-5-4-20-23 FS 5135 IOLANI PL 9,873 sqft 3,031 sqft 4 4.00
Price Changes
291919 RES A 389 $980,000- 4-5-3-11-37 FS 4096 Aloalii Dr 9,661 sqft 2,227 sqft 4 3.00
600095 RES A 130 $1,280,000- 4-5-4-13-67 FS 3697 ALBERT RD 10,036 sqft 3,139 sqft 3 3.01
295568 RES A 281 $1,599,000- 4-5-4-10-31 FS 5254 Honoiki Rd 10,174 sqft 2,916 sqft 3 3.01
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:
5141 Iolani is on the market at $625K. It last sold for $87,500 in 5/87 and was recently listed from 8/16 to 2/17 for $625K. Purchased in 3/10 for $585K, 4086 Liholiho is on the market for $940K.
Sales:
With a list price of $869K, 4161 Kamalani Lane sold for $825K cash. The seller paid $260K in 3/99.
$879K was the list price for 5230 Honoiki and it sold for $859K. $595K was the last sale price in 3/11.
Withdrawn:
Priced at $850K, 5135 Iolani Place was withdrawn after 161 market days. The home sold for $521,200 in 10/01.
Price Changes:
4096 Aloalii sold for $125K as land in 10/00. The home, which was built in 2001, reduced $70K to $980K. 3697 Albert was purchased for $1.065M in 12/04. After a minor $5K reduction it is now priced at $1.280M. 5254 Honoiki reduced $100K and is now $1,599M. The last sale of this home was in 9/07 for $1.750M.
February is definitely holding it’s own with 32 sales posted as of today, Sunday. Sales for Feb 16 were a mere 67 – we’re sure to easily surpass that number this year. Stay tuned to find out- and if you’d like to contribute to sales stats by selling or buying on Kauai, you know who to call. Put my experience to work for you. I live and work in Princeville!
Aloha from Princeville Kauai, Elaine
Abel Tasman, 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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