Hoakalei is a new community built by Haseko in Ewa Beach. In this master-planned community, there were (and still are) lofty ambitions. There was originally going to be a man-made marina, similar to either Hawaii Kai or Ko Olina. However, last year, it was announced the water feature will now be a lagoon, similar to Magic Island in Honolulu, which could be used for recreational use.
Water area at Hoakalei in Ewa Beach for future lagoon
In addition to the lagoon, thee is already an Ernie Els signature golf course at Hoakalei. New homes and condos were moving briskly during the peak of the market. However, when the market started to turn Haseko put on the brakes like so many other home builders in the nation. Now that demand is starting to catch up, there is little new construction available (especially for the townhome products). The good news is there are resales that are available on the market as well.
If you can't wait to get your hands on a new home at Hoakalei in Ewa Beach, the neighboring community of Ocean Pointe has similar architecture and finishes, however just a little bit older. With Oahu's median sales price now at $664,000, both Hoakalei and Ocean Pointe offer a great value as far as newer construction and price per square foot.
New Construction Homes at Hoakalei in Ewa Beach
Another positive note is that since homes have been built at Hoakalei, Fort Weaver Road (the main artery into and out of Ewa Beach) has been expanded from 2 lanes to 3 lanes. The future is looking bright for homes in Hoakalei. For the latest list of available lisintgs, try my Hoakalei home search. Also, please keep in mind that those are resales. There are also developer units still available that are not in MLS. Feel free to contact me for the latest inventory. As a buyers agent, I can assist you in both resales and new construction.