Have you ever dreamed of living at Diamond Head on the ocean?
There are some very attractive condominium prices in the Diamond Head neighborhood of Honolulu. For example, I checked the MLS just now, and there are 59 listings on the market from as low as $79,900. Six listings were between $100,000 and $200,000 with 4 of them at 2947 Kalakaua Avenue, an oceanfront building.
However, these are all leasehold and it is important to find out when the lease runs out and how much it would be to purchase it in fee simple. This could become a real problem down the line.
Today, the least expensive fee simple condominium in the Diamond Head neighborhood is:
Diamond Head Ambassador at 2957 Kalakaua Avenue:
1. 1 bedroom, 1 bath, 445 s.f. on the 2nd floor. Sales price: $399,000 (Days on market: 290)
2. 2 bedroom, 1 bath, 730 s.f. on the 3rd floor. Sales price: $538,000 (Days on market: 180)
The condominium complex is right on the ocean, and has a swimming pool and nice gardens. It's across the street from Kapiolani Park, and an easy walk into Waikiki and all that it has to offer. I found it to be quiet generally, not like the frantic activity in Waikiki itself. I know this particular building well; in fact, I used to live right next door! It's a great area to live in.
WHAT TO LOOK OUT FOR:
These particular condos at the Diamond Head Ambassador have been on the market for a long time in this market. This usually means that there is an opportunity to negotiate.
BUT THERE ARE PLENTY MORE CONDOMINIUMS TO CHOOSE FROM:
IF YOU ARE INTERESTED IN LIVING ON THE OCEAN AT DIAMOND HEAD, PLEASE GIVE ME A CALL AND WE WILL DISCUSS YOUR PURCHASE STRATEGY.
Call my direct cell phone in Hawaii: 808-226-1095
For Sale: Luxury Home and adjoining buildable lot (2 parcels 2.718 acres) in Mauna Kea Resort. Offered at $4.9 Million.
62-3464 Hoolani Place, Kamuela, Hawaii
Two adjoining properties. One parcel includes a Hawaiian-style luxury villa, guest house, 3-car garage on 1.425 acres; and adjoining, a 1.293 acre buildable residential lot (with 3 pads for house, guest cottage & possible tennis facility) ready to be developed. Beautifully landscaped, ocean views.
Mauna Kea Resort is a gated golf and beach community.
Website: www. VillaNoelani.com
Contact Hella at (831)626-4000 or (808) 226-1095.
Let me be your independent real estate broker for oceanfront and oceanview property in California and Hawaii. If you are a seller/owner, I will travel to your property to help get it ready for sale, then list and market it. If you are a buyer, I will preview property on your behalf. Certain restrictions apply. Please call me to discuss how I can help you.
Search Hawaii Listings on www.HellaHawaii.com
Member: Honolulu Board of REALTORS, National Association of REALTORS, Hawaii Association of REALTORS, Del Norte Association of REALTORS, California Association of REALTORS.
Hella Mitschke Rothwell (R)
Tel. 808-226-1095 or 831-626-4000
Disclaimer: Hella Rothwell does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.