For the first time in several years, as 2012 begins there is not a single 3-bedroom Halii Kai condo for sale that is a distressed property (short sale or bank-owned "REO" post-foreclosure).
As reported in my October Halii Kai update, the developer is nearly sold out. They actually released their model home of the groundfloor 3bed/2bath Kipuka floorplan as they have nothing left in this floorplan. And there are no short sales without offers in this popular floorplan either! The two least expensive choices are both in Building 17...$500-549,000 asking prices for a furnished condo with rental bookings in place.
View from the lanai of Halii Kai 15H, direct oceanfront privacy for $1,239,000 (MLS 240035)
On the heels of our sale of Halii Kai 15E we listed the same 3 bedroom condo on the other side of the building. Maybe the most private condo at Halii Kai, 15H is on the oceanfront and next to the rock wall separating Halii Kai from the Ke Kailani community at Mauna Lani Resort.
Short sale opportunities: both 2-bedroom floorplans available
If a two-bedroom works for your family-or you are looking primarily for an investment or vacation rental opportunity, there are still four short sale listings at Halii Kai (Disclosure: these are all my listings). One of them is the larger upstairs corner two-bedroom. Halili Kai 11A has ocean view and solid rentals, asking price $695,000.
Halii Kai 12C has the ocean view directly across the signature hole of the golf course towards the cove where the whales frolic in season. As a short sale, the asking price is only $549,000!
The lowest priced Halii Kai condo for sale is 18B, the smaller groundfloor 2 bedroom in the Coconut Grove with a list price of only $350,000! As with all short sales, these are unfurnished prices but in some cases the furniture could be purchased under separate bill of sale.
A hui hou,