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Princeville Kauai Real Estate update for May 20 to May 26

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

Aloha from Princeville Kauai,

It was another busy week for real estate as Kauai slowly returns to normal after the April floods. The important thing to know is that the Island is open and eager to welcome tourists. If you have previously booked a trip to Kauai, it is quite likely your resort / accommodations are still functioning. If there is any doubt, simply contact the hotel / vacation rental directly to confirm.

Here is your update for this past week:

NEW LISTINGS

617852 CND A 3 $850,000 4-5-3-6-22-72 FS Kaiulani #72 1,892 sqft 2 2.01
617718 CND A 4 $619,000 4-5-4-5-23-49 FS PLANTATION #1311 1,140 sqft 2 2.00
617909 CND U 0 $330,000 4-5-4-5-39-42 FS CLIFFS #2202 917 sqft 1 2.00
618041 CND W 2 $645,000 4-5-4-12-2-35 FS Hale Moi #215 1,033 sqft 2 2.00

Contingent Sales

605126 CND C 112 $975,000 4-5-3-6-22-75 FS Kaiulani #75 1,892 sqft 2 2.01
617112 CND C 29 $825,000 4-5-4-5-24-87 FS NIHILANI #29C 1,874 sqft 3 2.01

Sales

605904 CND S 186 $325,000 4-5-4-12-5-28 LH PALI KE KUA INCR #210 1,127 sqft 2 2.00
SOLD 5/17/2018 for $285,000 (CASH) DOM 186

606131 CND S 304 $425,000 4-5-4-5-3-5 FS PANIOLO #105 1,058 sqft 1 2.00
SOLD 5/16/2018 for $400,000 (CNV) DOM 304

Under Contract

617909 CND U 0 $330,000 4-5-4-5-39-42 FS CLIFFS #2202 917 sqft 1 2.00

Withdrawn

618041 CND W 2 $645,000 4-5-4-12-2-35 FS Hale Moi #215 1,033 sqft 2 2.00

Price Changes

607144 CND A 354 $1,225,000- 4-5-4-12-5-26 FS PALI KE KUA #208 1,127 sqft 2 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:

Kaiulani 72 is new to the market priced at $850K since selling for $835K in 11/15. Plantation 1311 is available for $619K. The last sale was in 11/05 for $525K.

Cliffs 2202 came on the market showing as under contract while listed for $330K. Purchased as a leasehold unit in 5/88 for $107K, the unit converted to fee simple in 1/91 for $20,500. You’ll also see it listed “under contract.”

Hale Moi 215 came on the market listed for $645K. The seller obtained this unit for $252K in 6/11. It was withdrawn 2 days later. You’ll also see it listed under “withdrawn.”

Contingent:

Kaiulani 75 found a buyer while priced at $975K, after 109 days on the market. The last sale was in 10/15 for $780K. Nihilani 29C is in escrow while priced at $825K. The condo changed hands in 2/09 for $565K.

Sales:

Leasehold Pali Ke Kua 210 sold for $285K cash while priced at $325K. The unit was purchased for $585K in 9/08. Paniolo 105 closed at $400K. The list price was $425K. The unit sold for $265K in 7/15.

Under Contract:

As noted above, Cliffs 2202 is under contract.

Withdrawn:

Hale Moi 215 was withdrawn.

Price Changes:

Pali Ke Kua 208 is now $1.225M, down from $1.299M. It sold for $245K in 12/88. Now on to your Princeville Kauai single family home update:

NEW LISTINGS

617859 RES A 4 $1,245,000 4-5-4-22-20 FS 4009 KAIKIOEWA PL 13,709 sqft 1,767 sqft 4 2.00

Back on the Market

608472 RES A 297 $2,950,000 4-5-3-12-7 FS 4011 ALOALII DR 7,293 sqft 2,835 sqft 4 4.01

Contingent Sales

616786 RES C 41 $1,085,000 4-5-4-9-40 FS 4204 KEKUANAOA LN 11,714 sqft 2,906 sqft 3 2.01
295568 RES C 224 $1,399,000 4-5-4-10-31 FS 5254 Honoiki Rd 10,174 sqft 2,916 sqft 4 3.01

Under Contract

617494 RES U 12 $1,295,000 4-5-4-16-63 FS 4487 EMMALANI DR 10,562 sqft 4,018 sqft 4 3.01

Temporarily Withdrawn

617314 RES T 26 $895,000 4-5-4-10-35 FS 5282 HONOIKI RD 10,185 sqft 1,496 sqft 3 2.00
617412 RES T 19 $1,350,000 4-5-4-13-7 FS 3687 Kaweonui Rd 11,420 sqft 3,588 sqft 4 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:

4009 Kaikioewa is listed for $1.245M. The home sold before in $760K in 4/04.

Back on the Market:

4011 Aloalii was temporarily withdrawn after 296 days of availability priced at $2.950M. It came back on the market a couple of days later. The seller bought land for this home in 12/16 for $450K.

Contingent:

4202 Kekuanao Lane went into escrow in 41days while listed for $1.085M. The home sold in 8/11 for $450K.

5254 Honoiki is in escrow after 223 days with a list price of $1.399M. The prior purchase was in 9/07 for $1.750M.

Under Contract:

After 12 days, with a list price of $1.295M, 4487 Emmalani Drive is under contract. It sold previously in 7/16 for $537K.

Temporarily Withdrawn:

After 26 days on the market, 5282 Honoiki has been temporarily withdrawn while priced at $895K. It sold for $799K in 8/04.

After only 19 days, with a list price of $1.350M, 3687 Kaweonui was temporarily withdrawn. Land for this home sold in 1/02 for $150K.

If you have any questions or need the facts before buying or selling, please put my experience to work for you. Until then, keep the people on the Big Island in your thoughts and prayers and enjoy your Paradise, wherever it may be.

Aloha from Princeville Kauai, Elaine

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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……Making your real estate dreams
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Comments (7)

Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good morning 

Thank you for sharing your information with us

Have a great day.

May 27, 2018 05:59 AM
Elaine Schaefer

Thanks Anthony.  Enjoy your Memorial Weekend.

May 27, 2018 06:54 PM
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Great market update, Eleine. 

Leasing, sales. Everything you have covered. Thank you.

May 27, 2018 06:34 AM
Elaine Schaefer

Thanks Evelina.  You have a great market in Sunny Isles Beach. Just the name of the area makes me want to visit!

May 27, 2018 06:55 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for sharing this market information. I hope you have a great Memorial Day weekend. 

 

May 27, 2018 07:12 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

That's valuable market information for real estate buyers and sellers in the Princeville, Kauai vicinity, Elaine!

May 27, 2018 04:14 PM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

Thanks Lisa. All the best to you in DC. Enjoy all the Memorial Celebrations.

May 27, 2018 06:55 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Elaine Schaefer Thank you for taking the time to prepare and share this information.  It is most informative.

May 28, 2018 08:09 AM
Elaine Schaefer
Sold on Kauai Realty - Princeville, HI
R, CRS, GRI, ABR, SFR

Hope you had a wonderful holiday weekend in Atlanta.

May 29, 2018 03:49 PM