March 2014

New Listing: Haina Pali Kai Estates 37.92 Acre Oceanfront Lot

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Honokaa Oceanfront


Amazing Opportunity!  Only $1,499,000 for 38-acre Oceanfront Land

TRUE OCEANFRONT AT AN EXCEPTIONAL VALUE – Manifest your oceanfront estate on this 38 acre parcel in the Haina Pali Kai Estates; oceanfront continues to be scarce especially pieces this size. If you are looking to invest in Hawaii, oceanfront remains one of the most sought after commodities. Envision the pristine beauty of the Hamakua Coast which has been compared to the 17 Mile Drive in Carmel, CA. All utilities are available right at the paved road contiguous with property; water meter already installed.  This land is a combination of rugged, breath-taking, dramatic oceanfront and bucolic pastoral beauty. At near sea level, you can walk the entire 580ft (approx.) of oceanfront which includes a dramatic and easily accessible peninsula jutting out into the sea; a perfect spot for fishing, whale watching and meditation. Crashing waves, age-old rock formations, coves and inlets, flat as well as rolling usable fields, 180 degree views of the ocean to Waipio Valley provides qualities and attributes hard to obtain at any price in Hawaii or elsewhere. The fairly consistent temperatures of 70-85 degrees and moderate rain, light winds, the low density of the area further provide the perfect combination for a spectacular estate. The property is “celebrity-level” private with all utilities available and many outstanding building sites. The few residences in the area are multimillion dollar homes. The new tax rate is approx. $117.48/yr.

Open House at the Villages at Mauna Lani 622

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Villages 622

Villages 622 Open House

Please Join Us at Our Open House at the Villages at Mauna Lani 622 (Maile)

Monday, February 17th
12pm – 4pm

2,752 sf, 3BR 3.5BATH
Offered Furnished for $1,050,000

Na Hale at Pauoa Beach Sold in One Day!

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Na Hale at Pauoa Beach

Na Hale at Pauoa Beach

Na Hale at Pauoa Beach #2 at Mauna Lani was sold for $2,600,000 in a day!  We represented both the seller and the buyer.

Huge Price Reductions on Puako Bay Lots

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Puako Oceanfront Lots

Puako Oceanfront Lots

Huge Price Reductions on 7 oceanfront lots in Puako Bay!

I am very happy to announce huge price reductions on ALL seven oceanfront lots in Puako Bay.  These prices are incredible.  These lots are 3 to 5 times as large as standard Puako lots which run somewhere between $2,500,000 and $3,000,000 in today’s market.  A 5,384sf home on a tiny 14,000sf lot in Puako that is listed for $7,850,000 just went under contract in less than a month.  With our new lot pricing, these lots are good enough for even investors who want to build spec homes.  And these lots are NOT in the flood zone unlike other Puako lots.  Please contact Tomo for details and a personal tour of these beautiful properties.

Lot 1 1.01 ac $3,500,000    $2,995,000
Lot 2 1.00 ac $3,500,000    $3,195,000
Lot 3 0.83 ac $3,800,000    $3,495,000
Lot 4 0.81 ac $3,800,000    $3,395,000
Lot 5 0.70 ac $3,500,000    $2,995,000
Lot 6 0.98 ac $4,500,000    $3,995,000
Lot 7 1.60 ac $4,500,000    $3,995,000


Spectacular 7 Oceanfront Lots Coming Soon – Now Taking Reservations!

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Puako 7 Oceanfront Lots – Now Taking Reservations


Now taking reservations while we await final subdivision approval!

Puako Bay now has 7 spectacular oceanfront lots coming soon!These one-plus-minus acre lots are two to five times larger than standard Puako lots and NOT in the flood zone. These lots are priced very attractively and won’t last long! For details, please contact Tomoko Matsumoto, REALTOR® Broker, at 808.557.8689.
Lot 1 1.01 ac $3,500,000
Lot 2 1.00 ac $3,500,000
Lot 3 0.83 ac $3,800,000
Lot 4 0.81 ac $3,800,000
Lot 5 0.70 ac $3,500,000
Lot 6 0.98 ac $4,500,000
Lot 7 1.60 ac $4,500,000

Just Sold: Parcel F at Mauna Kea Resort

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Parcel F at Mauna Kea Resort

Due to slow economy, there have not been many brand new developments on the Kona/Kohala Coast on the Big Island in general for the past years.  We are now seeing investors and developers looking for large development parcels.  Finding a great development parcel, especially within a resort gate, is always a challenge.  My client was very fortunate to acquire the F Parcel, 16.9 acre (zoned RM-6) at the Uplands inside the gate of the Mauna Kea Resort, from D R Horton recently.  We look forward to providing the news on the development plan for this parcel in the future.  Our team has years of experience in development projects.  Please feel free to contact me with questions regarding real estate developments in Hawaii.