Princeville Kauai Real Estate Update for Jan 7 to Jan 13

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

Aloha from Princeville Kauai!

I’m sure by now everyone knows that it was human error that caused the Hawaii Emergency Management Agency to send a cell phone notice to Hawaii residents that a ballistic missile was heading our way. Thankfully, it was a false alarm, but I suspect heads will roll when all is said and done. It is a reminder that tomorrow is not guaranteed and to live each day to your fullest.

On a much happier note, real estate is off to a good start for the year with activity in both condos and houses. Here is your update:

NEW LISTINGS

614100 CND A 3 $660,000 4-5-4-5-23-12 FS PLANTATION #322 1,318 sqft 3 3.00
613967 CND A 6 $855,000 4-5-4-6-1-22 FS VILLAS OF KAMALII #22 1,825 sqft 3 3.00
613836 CND C 5 $369,000 4-5-4-5-27-6 FS HALE HONU #3B 1,085 sqft 3 1.01

Contingent Sales

613836 CND C 5 $369,000 4-5-4-5-27-6 FS HALE HONU #3B 1,085 sqft 3 1.01

Sales

608869 CND S 37 $795,000 4-5-3-6-22-70 FS Kaiulani #70 1,738 sqft 2 2.01
SOLD 1/10/2018 for $785,000 (CASH) DOM 37

604570 CND S 0 $479,000 4-5-4-5-7-14 FS SEALODGE #B6 566 sqft 1 1.00
SOLD 1/12/2018 for $459,000 (CNV) DOM 0

611602 CND S 7 $479,000 4-5-4-5-17-44 FS ALII KAI #13D 1,020 sqft 2 2.00
SOLD 1/9/2018 for $470,000 (CNV) DOM 7

Withdrawn

612911 CND W 0 $560,000 4-5-4-5-23-34 FS PLANTATION #912 1,153 sqft 2 2.00

Price Changes

603197 CND A 99 $1,275,000- 4-5-3-6-22-13 FS Kaiulani #13 2,843 sqft 3 3.01

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:

Plantation 322 is listed for $660K since selling for $429,900 in 9/11. Villas of Kamalii 22 is available for $855K. The last purchase was for $950K in 6/07. Hale Honu 3B was purchased for $510K in 12/05. It came on the market at $369K and went into escrow within days.

Contingent:

As noted, Hale Honu 3B is in escrow.

Sales:

Kaiulani 70 sold for $785K cash while listed for $795K. The seller paid $665K in 5/12 for this unit from the developer.

Sealodge B6 closed at $459K while listed for $479K. The sellers paid $310K for this unit in 12/15.

Alii Kai 13D sold for $470K while listed for $479K. It only took 9 days to go into escrow. The purchase price paid by the seller was $121K in 6/99.

Withdrawn:

Plantation 912 was withdrawn as it came ono the market priced at $560K.

Price Changes:

Kaiulani 13 reduced by $20K to arrive at a new price of $1.275M. The last sale was for $2,069,070 from the developer in 1/08. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

613931 RES A 5 $775,000 4-5-4-20-6 FS 3959 KALAKAUA PL 11,360 sqft 1,760 sqft 3 2.01
614085 RES A 3 $4,950,000 4-5-4-13-30 FS 3559 KAWEONUI RD 11,372 sqft 2,119 sqft 4 4.01

Back on the Market

613362 RES A 23 $849,000 4-5-4-16-76 FS 4123 KEKAULIKE LN 10,650 sqft 1,646 sqft 3 2.00

Contingent Sales

613411 RES C 18 $697,000 4-5-4-23-67 FS 3787 MAKANI O KALANI PL 7,217 sqft 1,185 sqft 2 2.00
612740 RES C 49 $1,249,000 4-5-4-18-59 FS 4185 KINAU PL 10,445 sqft 2,070 sqft 3 3.00

Sales

607921 RES S 80 $895,000 4-5-4-9-41 FS 4194 KEKUANAOA LN 11,844 sqft 2,460 sqft 3 3.00
SOLD 1/12/2018 for $805,000 (CNV) DOM 80

Under Contract

612924 RES U 4 $748,000 4-5-4-23-39 FS 3814 Iluna Pl 7,638 sqft 1,265 sqft 2 2.00

Price Changes

611751 RES A 52 $3,200,000- 4-5-4-8-51 FS 3785 PUNAHELE RD 12,736 sqft 3,270 sqft 3 3.01

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:

3959 Kalakaua Place is back on the market priced at $775K. The last sale was for $675K in 7/13. It was just listed from 6/17 to 12/17 starting at $825K and reducing to $798K.

3959 Kaweonui returns to the market with a list price of $4.950M. This ocean front home was purchased in 10/13 for $1.910M. It was previously listed from 12/14 to 7/15, starting at $3.5M and increasing to $3.995M. It was listed again from 1/17 to 4/17 for $3.775M.

Back on the Market:

Priced at $849K, 4123 Kekaulike is back on the market after going into escrow on 12/28. The last sale was for $650K in 7/15.

Contingent:

3787 Makani O Kalani is in escrow after only 13 days while priced at $697K. The sellers paid $400K in 6/03 for the home.

4185 Kinau Place, with a price of $1.249M is in escrow. The last purchase was in 6/08 for $975K.

Sales:

4194 Kekuanaoa sold for $805Kwhile priced at $895K. The most recent prior purchase was in 4/84 for $125K.

Under Contract:

3814 Ilune Place moved from contingent to under contract and should be closing soon.

Price Changes:

3785 Punahele is now available for $3.2M, down from $3.6M. Land for this home was purchased in 6/13 for $540K.

That’s it for this week. We already have 48 sales as of today Sunday, as we head towards the 109 properties that changed hands in Jan 2017. It you’re looking to buy or sell this year, put my experience to work for you. Until then, enjoy your paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

Reflections

Reflections

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

Activerain.com/blogs/soldonkauai
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Comments (1)

Matthew Klinowski, PA
Downing-Frye - Naples, FL
Golf Community Real Estate Specialist

Elaine, thanks for the great market update and I'm glad the scare is over in your area.  I'm sure it was pretty scary for a few hours.  Have a great weekend.

Jan 14, 2018 11:54 AM
Elaine Schaefer

Aloha Matthew,  The actual message was "Ballistic missile threat inbound to Hawaii. Seek immediate shelter. This is not a drill."  Shockingly, it took the State Government 20-30 minutes to send out a retraction!  Thankfully, we are all still here.

Jan 14, 2018 12:00 PM