Aloha,
This was a busy weekend, if not in real estate then in regards to all the wonderful activities which were available. Here's just a sampling:
Fourth annual Hanalei open water swim on Saturday
Limahuli Garden work / hike Saturday in Haena
Ninth annual Iaorana Tahiti workshop in Kapaa Beach Park Saturday and Sunday
Bon Dance is at the Kapaa Hongwanji Mission on Saturday
Hanalei's First Sandcastle Contest on Saturday
"The Cove" a free movie at the Princeville Community Center on Saturday
"Loveland" a one woman show at Church of the Pacific, Princeville, Saturday......
You could also volunteer to repair the Kalalau trail or see a dance competition at the Convention Center in Lihue or even take a Yoga class in Kalaheo. You can rest assured that if you've had enough (for the moment) of the beach scene, hiking, shopping or whatever, you'll never be bored here on Kauai. If you want to keep up with daily activities check the Garden Island newspaper "Island Calendar" at www.kauaiworld.com. Now on to your update:
Copyright 8/1/2010 by Hawaii Information Service
NEW LISTINGS
237064 CND AT CPR A 6 4-5-4-5-16-40 FS $599,000 Alii Kai At Hanalei #5104 1,085 #5104 2/2.00
237045 CND AT CPR A 7 4-5-4-6-1-6 FS $850,000 Villas Of Kamalii #6 1,761 #6 3/3.00
BACK ON THE MARKET
225391 CND AT CPR A 398 4-5-4-5-24-2 FS $539,000 Nihilani At Princeville Resort #1B 1,874 #1B 3/2.01
CONTINGENT SALES
230737 CND AT CPR C 206 4-5-3-11-1-9 FS $799,000 Villas On The Prince #9 1,737 #9 3/3.00
228387 CND DT CPR C 293 4-5-4-5-18-30 FS $327,777 Puamana #8C 1,532 #8C 2/2.00
SALES
237022 CND AT CPR S 0 4-5-4-12-11-20 FS $1,875,000 Puu Poa #206 1,654 #206 2/2.00
SOLD 7/26/2010 for $940,000 (CASH) DOM 0
EXPIRED
208790 CND CPR X 823 4-5-4-5-7-11 FS $345,000 Princeville Sealodge #B3 570 #B3 1/1.00
234637 CND AT CPR X 86 4-5-4-5-24-21 FS $509,000 Nihilani At Princeville Resort #7C 1,972 #7C 3/3.00
234634 CND AT CPR X 86 4-5-4-5-24-6 FS $549,000 Nihilani At Princeville Resort #2C 1,972 #2C 3/3.00
226346 CND CPR X 213 4-5-4-6-1-34 FS $775,000 Villas Of Kamalii #34 1,825 #34 3/3.00
PRICE CHANGES
235813 CND AT CPR A 46 4-5-3-6-22-30 FS $1,950,000- Kaiulani Of Princeville #30 18.00 ac 2,864 #30 3/3.01
236696 CND AT CPR A 25 4-5-4-5-24-15 FS $495,000- Nihilani At Princeville Resort #5C 1,986 #5C 3/3.00
231316 CND AT CPR A 173 4-5-4-5-39-188 FS $520,000- Cliffs At Princeville #9102 917 #9102 1/2.00
228947 CND AT CPR A 243 4-5-4-5-7-50 FS $529,000- Princeville Sealodge #E12 566 #E12 1/1.00
225391 CND AT CPR A 398 4-5-4-5-24-2 FS $539,000- Nihilani At Princeville Resort #1B 1,874 #1B 3/2.01
226784 CND AT CPR A 345 4-5-4-6-1-12 FS $599,000- Villas Of Kamalii #12 1,825 #12 3/3.00
235501 CND AT,DT CPR A 61 4-5-4-12-3-8 FS $633,900- Hanalei Bay Villas #8 1,244 #8 2/2.01
227839 CND AT CPR A 300 4-5-4-6-1-18 FS $774,900- Villas Of Kamalii #18 1,825 #18 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.
We have two new listings this week: Ali'i Kai 5104 priced as a short sale for $599K, having sold for $835K in 6/05 and Villas of Kamali'i 6 priced at $850K. This unit sold from the developer for $512,925 in 5/03. This is the first time listed for both properties since their prior sale.
The short sale Nihilani 1B, priced at $539K is back on the market after going into escrow on 6/8/10. You'll see this unit under the price change portion of this update as it reduced from $559K to $539K upon falling out of escrow. This unit sold for $912,788 in 3/07 and is the second largest floor plan in the complex.
Two units went into escrow this week (YAH!): Villas on the Prince, which sold for $570K in 10/03, reduced from $814K to $799K on 7/9 and went into escrow on 7/26. Puamana 8C sold for $95K as a leasehold property in 7/88, converting to fee simple in 5/00 for $35,700. It too went into escrow this week listed at $327,777. Let's hope they both stay there!
Pu'u Po'a 206, which came onto the market showing as under contract at an unrealistic price of $1.875M closed this week at $940K cash which is a price right in line with recent sales.
Sealodge B3, which was on the market for 823 days, expired while listed at $345K down from the start price of $499,999. I guess the buyers thought it needed to come down even more. Sealodge sold for $95K in 12/99. The developer's two remaining Nihilani units expired; units 7C and 2C, priced at $509K and $549K respectively, after a mere 86 market days. Villas of Kamali'i 34, which was purchased for $670K in 12/04, expired after 213 market days priced at $775K.
As for price changes; first up is Ka'iulani 30 which sold for $2.3M in 8/07 and reduced from $2.3M to $1.950M. Nihilani 5C, another short sale originally purchased for $969,582 in 2/07, reduced from $529K to $495K. This is the Mahina model which is the largest floor plan in the complex. It offers one level upstairs living and is well located off the main road. This seller / agent needs a buyer so call or email if you have any interest. Cliffs 9102, purchased for $450K in 2/04, reduced from $565K to $520K and is a ground floor, ocean view unit. Sealodge E12 made a substantial reduction, going from $659K to $529K. This unit sold for $105K in 9/88. Villas of Kamali'i 12, a short sale which was originally purchased for $750K in 6/05, made the biggest reduction this week, going from $725K to $599K. Nice price for a Villas. Also reducing is Villas of Kamali'i 18 which went from $799K to $774,900 and last sold for $630K in 1/04.
Two units went into escrow this week (YAH!): Villas on the Prince, which sold for $570K in 10/03, reduced from $814K to $799K on 7/9 and went into escrow on 7/26. Puamana 8C sold for $95K as a leasehold property in 7/88, converting to fee simple in 5/00 for $35,700. It too went into escrow this week listed at $327,777. Let's hope they both stay there!
Pu'u Po'a 206, which came onto the market showing as under contract at an unrealistic price of $1.875M closed this week at $940K cash which is a price right in line with recent sales.
Sealodge B3, which was on the market for 823 days, expired while listed at $345K down from the start price of $499,999. I guess the buyers thought it needed to come down even more. Sealodge sold for $95K in 12/99. The developer's two remaining Nihilani units expired; units 7C and 2C, priced at $509K and $549K respectively, after a mere 86 market days. Villas of Kamali'i 34, which was purchased for $670K in 12/04, expired after 213 market days priced at $775K.
As for price changes; first up is Ka'iulani 30 which sold for $2.3M in 8/07 and reduced from $2.3M to $1.950M. Nihilani 5C, another short sale originally purchased for $969,582 in 2/07, reduced from $529K to $495K. This is the Mahina model which is the largest floor plan in the complex. It offers one level upstairs living and is well located off the main road. This seller / agent needs a buyer so call or email if you have any interest. Cliffs 9102, purchased for $450K in 2/04, reduced from $565K to $520K and is a ground floor, ocean view unit. Sealodge E12 made a substantial reduction, going from $659K to $529K. This unit sold for $105K in 9/88. Villas of Kamali'i 12, a short sale which was originally purchased for $750K in 6/05, made the biggest reduction this week, going from $725K to $599K. Nice price for a Villas. Also reducting is Villas of Kamali'i 18 which went from $799K to $774,900 and last sold for $630K in 1/04.
Now on to your Princeville home update:
Copyright 8/1/2010 by Hawaii Information Service
NEW LISTINGS
236065 RES DT FL A 6 4-5-4-9-18 FS $699,000 4196 Liholiho Rd 11,716 sqft 1,024 #0 3/2.00
237376 RES DT FL A 3 4-5-4-9-55 FS $945,000 5331 Honoiki Rd 10,689 sqft 2,554 3/3.00
BACK ON THE MARKET
231419 RES DT FL A 191 4-5-4-22-4 FS $445,000 4087 Nalani Ln 11,244 sqft 1,424 3/2.00
CONTINGENT SALES
210765 RES DT FL C 817 4-5-4-23-24 FS $585,000 3807 Makani Kai Pl 10,386 sqft 1,535 3/2.00
SALES
231558 RES DT FL S 142 4-5-3-12-4 FS $1,875,000 4035 Aloalii Dr 9,415 sqft 3,232 3/3.00
SOLD 7/29/2010 for $1,800,000 (CASH) DOM 142
236113 RES DT FL S 8 4-5-4-19-19 FS $643,800 5086 Napo'okala Cir 15,326 sqft 2,206 3/3.00
SOLD 7/26/2010 for $616,000 (CASH) DOM 8
PRICE CHANGES
231419 RES DT FL A 191 4-5-4-22-4 FS $445,000- 4087 Nalani Ln 11,244 sqft 1,424 3/2.00
236524 RES DT FL A 19 4-5-4-8-19 FS $855,000- 5056 Kamamalu Loop 11,472 sqft 1,907 #0 3/2.00
233489 RES DT FL A 121 4-5-4-24-4 FS $995,000+ 4194 Waileia Pl 9,632 sqft 3,480 4/2.02
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
The two sales this week were at opposite ends of the spectrum with one being a beautiful high end home in Queen Emma's Bluff, selling for $1.8M and the other a bank foreclosure in the Sunset District on the golf course which closed at $616K.
While there's still some great buys in foreclosures and short sales, there are also good buys in "normal" lisitngs as sellers reduce their pricing to attract buyers. Another source of foreclosures is the on-judicial foreclosure" auction that take place almost every day on the Court House steps in Lihue. For information of any of the above, please call or email.
I mentioned several of the activities available this weekend - I opted to enjoy the Sandcastle competition while strolling beautiful Hanalei Bay. Below are some pictures of that event.
Aloha Elaine
My favorite, a fire breathing dragon.
Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
Short Sale and Foreclosure Resource Certification
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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