Princeville Kauai Real Estate update for June 17 to June 23

By
Managing Real Estate Broker with RE/MAX Kauai Princeville Resort Branch RB-18142

Aloha from Princeville Kauai!

It was another busy week for condos, with new listings, escrows and sales. As for houses, there were quite a few new listings, several new escrows and a couple of sales. Surprisingly, there are no price reductions in “homes” this week. Here is your update:

NEW LISTINGS

618122 CND A 75 $612,000 4-5-4-12-10-41 FS EMMALANI COURT #524 1,192 sqft 2 2.00
618651 CND C 3 $639,000 4-5-4-5-23-35 FS PLANTATION #921 1,318 sqft 3 3.00

Back on the Market

618600 CND A 11 $499,000 4-5-4-5-4-5 FS Mauna Kai #5A 1,503 sqft 2 2.00

Contingent Sales

602394 CND C 539 $1,345,000 4-5-3-6-22-22 FS Kaiulani #22 2,864 sqft 3 3.01
618651 CND C 3 $639,000 4-5-4-5-23-35 FS PLANTATION #921 1,318 sqft 3 3.00

Sales

616447 CND S 14 $489,000 4-5-4-5-39-77 FS CLIFFS #3301 1,186 sqft 2 2.00
SOLD 6/18/2018 for $500,000 (CASH, CNV) DOM 14

617306 CND S 12 $795,000 4-5-4-5-24-9 FS NIHILANI #3C 1,874 sqft 3 2.01
SOLD 6/18/2018 for $770,000 (CNV) DOM 12

Price Changes

613697 CND A 171 $790,500- 4-5-3-6-22-61 FS Kaiulani #61 1,738 sqft 2 2.01
615228 CND C 113 $629,000+ 4-5-4-5-23-25 FS PLANTATION #711 1,153 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:

Emmalani Court 524 returns to the market priced at $612K. It sold in 10/16 for $510K.

Bank owned Plantation 921 came on the market showing as in escrow priced at $639K. The seller purchased this unit for $750K in 10/05. It was foreclosed on by the bank in 6/18.

Back on the Market:

Mauna Kai 5B fell out of escrow and is once again available. Priced at $499K it sold before for $295K in 11/12.

Contingent:

Kaiulani 22 is in escrow after 535 days priced at $1.345M. The seller paid $1,758,070 in 11/07 from the developer.

As noted above, Plantation 921 came on the market showing as in escrow.

Sales:

Cliffs 3301 sold for $500K while priced at $489K. The prior sale was in 2/81 for $176,600. Nihilani 3C was priced at $795K and sold for $770K. The most recent sale was for $525K in 3/13.

Price Changes:

Kaiulani 62 reduced by $1500 to arrive at a new priced of $790,500. The prior sale was in $856,400 in 6/08 from the developer. After 113 market days, Plantation 711 increased from $625K to $629K. It sold in 4/13 for $425K. Now on to your single family home update:

NEW LISTINGS

618790 RES A 3 $929,000 4-5-4-18-28 FS 4206 KINAU PL 10,450 sqft 1,816 sqft 3 2.00
619025 RES A 1 $1,390,000 4-5-4-16-86 FS 4114 Nalani Ln 12,012 sqft 2,896 sqft 4 4.00
618627 RES A 3 $1,479,000 4-5-4-18-52 FS 4555 EMMALANI DR 10,371 sqft 3,482 sqft 3 3.01
618844 RES A 3 $2,700,000 4-5-4-8-62 FS 3812 PUNAHELE RD 14,573 sqft 3,100 sqft 3 2.01
618603 RES C 2 $989,000 4-5-4-18-36 FS 4197 KAMALANI LN 11,001 sqft 1,847 sqft 3 3.00

Contingent Sales

618603 RES C 2 $989,000 4-5-4-18-36 FS 4197 KAMALANI LN 11,001 sqft 1,847 sqft 3 3.00
618521 RES C 8 $998,000 4-5-4-17-6 FS 4919 EMMALANI DR 10,875 sqft 1,729 sqft 3 2.00
615709 RES C 72 $4,150,000 4-5-4-13-29 FS 3565 Kaweonui Rd 13,089 sqft 2,614 sqft 4 4.01

Sales

617466 RES S 25 $770,000 4-5-4-18-47 FS 4157 KAMALANI LN 12,671 sqft 2,093 sqft 3 2.00
SOLD 6/22/2018 for $750,000 (CASH) DOM 25

616786 RES S 40 $1,085,000 4-5-4-9-40 FS 4204 KEKUANAOA LN 11,714 sqft 2,906 sqft 3 2.01
SOLD 6/19/2018 for $1,030,000 (CASH) DOM 40

Withdrawn

617893 RES W 44 $965,000 4-5-4-24-14 FS 4260 WAILEIA PL 9,529 sqft 1,632 sqft 3 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:

4206 Kinau Place is available for $939K. The seller obtained this home in 8/17 for $775K. 4114 Nalani Lane is priced at $1.390M and sold for $1.2M in 3/08.

4555 Emmalani came on the market with a listing price of $1.479M. The last sale was in 9/15 for $1.1M. 3812 Punahele sold for $2.2M in 3/17. It is listed for $2.7M.

4179 Kamalani Lane came on the market showing as in escrow while priced at $989K. The home does not show a sale price and has been ow

Contingent:

As noted above, 4197 Kamalani came on the market showing in escrow. It only took 7 days for 4919 Emmalani to find a buyer while priced at $998K. The last sale was for $945K in 10/05.

Priced at $4.150M, 3565 Kaweonui is in escrow after 69 days. The last sale was for $3.675K in 6/08.

Sales:

4157 Kamalani Lane was listed for $770K and closed at $750K cash. The sale before was in 5/01 for $385K.

4204 Kekuanaoa sold for $1.030M cash while priced at $1.085M. The seller bought this property for $450K in 8/11.

Withdrawn:

4260 Waileia Place was withdrawn after 44 days with a list price of $965K. The prior sale was for $619K in 4/16.

All this market activity from the past few weeks has boosted the June sales to 98. With 191 properties currently in escrow and another 57 under contract, it’s a good chance we’ll surpass the 124 sales of last June. In the meantime, if you are thinking of buying or selling, put my experience to work for you.

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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Rainmaker
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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. 

Jun 24, 2018 06:58 AM #1
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Elaine Schaefer

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