Princeville Kauai condo / house update for May 15th to May 21st

By
Real Estate Broker/Owner with Sold on Kauai Realty RB-18142

Aloha from rainy (at least at this moment) Princeville Kauai!

If you were looking for full on beach days this past week, the North Shore was not the place to be. If you wanted to experience just how fast the weather can change from sunny and hot to a downpour, well, then, you’d have come to the right place. Even though I’ve lived here since ’91, the weather still amazes me. It sure keeps things interesting – and I often find myself wearing sunglasses while holding an umbrella.

It was a busy real estate week, mainly due to all the new listings; 6 new condos and 2 new homes. As far as new escrows, there was only one each. Take a look for yourself:

NEW LISTINGS

295746 CND A 3 $375,000 4-5-4-5-18-28 FS Puamana #8A 1,214 #8A 2/2.00
295890 CND A 4 $599,000 4-5-4-5-24-17 FS Nihilani #6B 1,567 #6B 2/2.01
296006 CND A 3 $599,500 4-5-4-11-3-78 FS Hanalei Bay Resort #1557-1558 867 #1557-1558 1/2.00
295916 CND A 4 $674,950 4-5-4-5-24-24 FS Nihilani #8C 1,874 #8C 3/2.01
295959 CND A 3 $795,000 4-5-4-12-9-34 FS Pali Ke Kua #246 1,150 #246 2/2.00
295726 CND A 0 $849,000 4-5-4-12-3-27 FS Hanalei Bay Villas #27 1,248 #27 2/2.01

BACK ON THE MARKET

295579 CND A 16 $649,957 4-5-4-5-16-42 FS Alii Kai #5202 1,086 #5202 2/2.00
293090 CND A 89 $1,100,000 4-5-4-12-11-14 FS Puu Poa #114 2,079 #114 2/2.00
273703 CND A 729 $1,425,000 4-5-4-12-11-29 FS Puu Poa #301 2,159 #301 2/2.00

CONTINGENT SALES

288734 CND C 229 $775,000 4-5-4-12-3-34 FS Hanalei Bay Villas #34 1,248 #34 2/2.01

SALES

276121 CND S 534 $639,000 4-5-3-11-1-32 FS Villas On The Prince #32 1,737 #32 3/3.00
SOLD 5/20/2016 for $615,000 (CNV) DOM 534

292636 CND S 8 $749,000 4-5-4-6-1-10 FS Villas Of Kamalii #10 1,766 #10 3/3.00
SOLD 5/20/2016 for $740,000 (CNV) DOM 8

PRICE CHANGES

296006 CND A 3 $599,500+ 4-5-4-11-3-78 FS Hanalei Bay Resort #1557-1558 867 #1557-1558 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:

Puamana 8A returns to the market priced at $375K. The unit sold for $322K in 1/04 and was most recently listed from 8/15 to 5/16, starting at $399K and reducing to $374,950.

Nihilani 6B is newly listed for $599K since selling from the developer in 2/07 for $688,785K.

Hanalei Bay Resort 1557/58 came on the market with a list price of $599K. It was then increased by $500 to $599,500 so you’ll also see this property under price changes. The last sale was for $205K in 4/00.

Also new on the market is the townhouse style Nihilani 8C priced at $674,950. The units sold from the developer in 3/09 for $600K.

Pali Ke Kua 246 sold for $455K in 4/01 and is priced to sell at $795K. It was listed before from 3/10 to 4/12 for $719K.

Hanalei Bay Villas 27, priced at $849K, sold for $640K in 5/04.

Back on the Market:

Ocean view Alii Kai 5202 fell out of escrow and is back on the market priced at $649,957. The prior sale was in 7/03 for $405K.

Puu Poa 114 expired on 5/20 and immediately came back on the market still priced at $1.1M. The seller bought this unit on a short sale for $870K in 9/12.

Puu Poa 301 is back on the market still price at $1.425M since expiring on 5/14.

Contingent:

It took 227 days for Hanalei Bay Villas 34 to go into escrow priced at $75K. The sellers purchased this free standing condo in 11/05 for $975K.

Sales:

Villas on the Prince 32 closed at $615K while listed for $639K. The prior purchase price was in 2/03 for $545K.

Villas of Kamalii 10 was listed for $739K and sold for $740K cash, since last selling for $512,925 in 6/03.

Price Changes:

After coming on the market at $599K, Hanalei Bay Resort 1557/58 increased by $500. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

295996 RES A 4 $665,000 4-5-4-10-2 FS 4140 Liholiho Rd 9,966 sqft 1,176 3/2.00
295703 RES A 3 $950,000 4-5-4-24-15 FS 4266 Waileia Pl 8,811 sqft 1,874 3/3.00

CONTINGENT SALES

293741 RES C 75 $649,000 4-5-4-21-29 FS 3886 Kaweonui Rd 10,662 sqft 1,638 2/2.00

SALES

292789 RES S 63 $1,695,000 4-5-3-12-4 FS 4035 Aloalii Drive 9,415 sqft 3,232 3/3.00
SOLD 5/20/2016 for $1,600,000 (CASH) DOM 63

UNDER CONTRACT

291847 RES U 97 $1,199,000 4-5-3-12-36 FS 4020 Aloalii Dr 9,161 sqft 2,702 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.

New Listings:

4140 Liholiho is attractively priced at $665K since being purchased in 9/93 for $260K.

4166 Waileia was purchased for $818K in 9/14 and is on the market for $950K.

Contingent:

After 72 days on the market, 3886 Kaweonui went into escrow price at $629K. The sellers paid $65K for land in 7/88 and built he house in 89.

Sales:

4035 Aloalii was on the market for $1.695M and sold for $1.6M cash. The seller bought this for $1.8M in 7/10.

Under Contract:

4020 Aloalii moved from in escrow to under contract and should be closing soon. It is priced at $1.199M.

That’s it for this week. Not even any price changes except for one condo! Here we are with 9 more days in May, and 55 sales. Do you think we’ll reach the goal of 102 sales reached last May? Stay tuned to find out.

In the meantime, if you are thinking of buying or selling, please text or email me for the facts. Be informed before making a move. Have a wonderful week in your Paradise.

Aloha Elaine

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Maybe I’ve just never noticed before, but I’ve never seen a chicken whose legs and feet looked like they were wrapped in duct tape. I mean really, gray feet?

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

Website: KauaiRealEstateNow.Com
Blog: Activerain.com/blogs/soldonkauai
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……Making your real estate dreams
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