Beach Villas at Ko Olina Final Sale Event Update

Real Estate Broker/Owner with Beach Villa Realty,LLC

Saturday February 28th marked the last day existing owners were able to complete their reservations and have their priority on the owners list. As such, it was absolutely wild around the sales office! At 4:30 pm on Saturday when I left with my clients I believe there were 10 people in the office who were waiting to meet with the marketing staff. I was both startled by the crowd and glad that we were time stamped with the last of our reservations. With the unofficial tally estimated between owners and new purchasers combined at 70+ including my last three, the marketing staff is well on their way to having over 200 reservations by the Sale Event in June.

Those are impressive numbers for a sale event that was started at the end of January and was promoted from the ground up by the marketing staff of the Beach Villas at Ko Olina. With 120 units available and 70 reservations already in place, it is turning into quite a successful promotion considering there is still quite a bit of time until the sale event on June 6th and 7th.

If you have been curious about the units or would be interested in seeing some more pictures of the Villas, I have posted some pics on Flickr that were taken on my last tour on Saturday. Special thanks to Bobby for taking the pictures! Here is the link:
Pictures on Flickr

If you are from out of town and would like some pictures taken of a particular unit, the surrounding area or if you have any questions about the Sale Event itself or how a particular unit is looking on availability, please don't hesitate to contact me and I'll see if I can't answer your questions. Ask Michael

It seems that the heaviest interest in the first 70 reservations has been in the lower priced units with good availability still predicted in the more exclusive units. For instance, of the 5 premium Beach Tower units with unobstructed views of Lagoon #2, it's guestimated that there are 3 buyers for those units currently registered. With the last published price at $2.8MM for these units and the anticipation of Sale event prices below $2 Million, it's a good time to throw your hat in the ring if you are interested in picking up one of only fourteen of these premium and exclusive Villas.

There are also 5 penthouse units still available on the Ocean Tower in both 2 and 3 bedroom models that seem to have a predicted availabilty at this time. With the arrangement of this tower's elevator, there are several pairs of units from the 7th floor up that might be available where the elevator would stop at the foyer between the two units, one a 2 bedroom and one a 3 bedroom unit. This would give one a feeling of owning the floor and if privacy and/or security are one of your interests, a combination like this would be as good as you could hope for. These units have views of the mountains and golf course out of the bedroom windows and lanais. These units overlook the pools and ocean from the front lanai, kitchen and main living area.

It's an exciting event, a unique product and potentially a once in a lifetime opportunity to purchase these units at roughly half of their initial pricing. All it takes to secure your place for the sale event is a $50,000 refundable deposit. If the unit you hoped for is unavailable or if the pricing isn't as attractive as you had hoped at least you had the opportunity to say no. I can say, that of the people I've worked with who have placed deposits, they wished they had done it sooner versus later as the list continues to grow and the earlier their reservation is time stamped, the greater choice they will have of the units to choose from.

If you have the time and the interest, give me a call at (808) 225-3660 and see if these are what you've been looking for. Remember that Hawaii is 5 hours earlier than the East Coast if you're reading this over your morning coffee. It's not that I won't answer the phone, it's just that it may take me a few minutes to wake up : ) . On the other hand, if it's late where you are, it's probably early where I am and I'm just waiting to say hello.


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Gregory Storm - Los Angeles, CA
Real Estate Photographer

How did the "final" sales event go?  Because it looks like they are having another "final" sales event on July 25.



Agent Headshots | Real Estate Photography


Jun 16, 2009 12:33 AM #1
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