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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

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.

Waikoloa Beach Resort Winter 2013 Market Update

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All signs point to a continuing healthy housing market on the northwest side of the Big Island with positive numbers across the board.  The Kohala Coast market shows that the number of sales of homes is up 10 to 20%, vacant land sales are up 40 to 70% while condo sales are up 5% year to date.

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Waikoloa Beach Resort Anchialine Ponds

Condo sales at the Waikoloa Beach Resort have been very active in the last 6 months with 43 sales and 10 units in escrow. Prices range from $289,000 for a 1 bedroom at the Shores to $2,750,000 for a 3 bedroom Kolea Penthouse.

Kolea

Kolea Beach Club

The only home that sold this year was a 5 bedroom ocean view Kolea home with strong rental income history.  The property sold last June f0r $2,800,000 after 1293 days on the market and 4 price reductions.  Because of low inventory of custom homes, buyers favored vacant land. 4 lots sold so far, 3 of them were generous oceanfront lots in the gated community of Naupaka Place and were sold in the $2 million range.

Pool area Fairway Villas

Fairway Villas on-site infinity pool with poolside gas grills

We currently have several condos listed at the Waikoloa Beach Resort, including a nice 2 bedroom Fairway Villas on the golf course. Unit #G4 is a ground floor unit listed at $445,000 (MLS# 268239). It is sold furnished and rents very well.  We also recently listed a 3 bedroom, 2 bath Hali’i Kai villa which provides unobstructed Pacific ocean and golf course views. Included with this villa is a single car garage and access to the private Ocean Club. This is a great opportunity to own a second home with a well established and popular vacation rental. Unit #9E is listed at $1,175,000 (MLS #267902).

Hali'i Kai Ocean Club

Hali’i Kai Ocean Club

On a very positive note, the Big Island’s visitor numbers are up an average of over 5% for the first 8 months of this year.  May be you will be one of these visitors who decided to come to the island to enjoy the beauty of the winter season. Hope to see you soon!

Rare Ocean View And Golf Course Frontage Property In Mauna Lani

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The Mauna Lani Resort on the Kohala Coast has a lot of fantastic properties to offer.  However, there is one type of property that is becoming harder and harder to find, vacant and build-able lots with an ocean view. The Cape At Mauna Lani Lot 5 is one of the last of its kind.

MLS 267532 offered at $2.69M

The Cape At Mauna Lani Resort is located in a quaint gated community with only 14 home sites. This private community is so quaint that many people do not even know that it exists. From the front gate, the community is unassuming, but enter the gates and you are greeted by unique homes that command your attention.

Lot Layout And View Planes

Drive into the community a little further and you come to Lot 5. From the community road it may just look like a large vacant lot, but once you are on the lot the view opens down the Mauna Lani South golf course and out to unobstructed ocean views. Turn your back to the ocean and you have a perfect view of Hualalai mountain. While this lot is not oceanfront, many people prefer to be just back from the ocean so you have more to look at such as the distinctive contrast of the Kohala Coast landscape of black lava, against green grass that abuts the blue ocean. 

In addition to its ocean views and golf course frontage, The Cape At Mauna Lani Lot 5 is walking distance and just outside the gates of one of the nicest white sand beaches on the Kohala Coast, also known as the Mauna Lani Beach Club.

There are just a handful of oceanfront and near oceanfront build-able properties left. For more information about this lot or others like it while they still exist, feel free to contact me.

 

Kohala Ranch Heathers: Lucky Bennett designed home with pool and big ocean views

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Pool_South

Solar Heated Pool and Stunning Views of the Kohala Coast

The buyers who came by the Kohala Ranch Thanksgiving week-end Open House expressed to me once again, as far as location is concerned, their preference for the Heathers, the lowest section of Kohala Ranch.  The proximity of the Kohala Coast and the warm temperatures are definitely a draw to buyers.

Kohala Ranch Winter 2013 Market Update

The seven current listings in the Heathers range in price from $1,249,000 for a 1988 home with only two bedrooms and fantastic location to $2,995,000 for a home on 5.07 acres with over 8,000 sq.ft and six bedroom suites.

This first section of Kohala Ranch was developed in the early 90’s and some of the home styles can look and feel dated. It turns out to be not true for this elegant Lucky Bennett home currently listed at $1,895,000, (MLS #263082), completed in 2003 and continually upgraded by the present owners starting in 2005.

Kitchen_1

Gourmet Kitchen with Viking Appliances and Fisher Paykel Double Drawer Dishwasher

Lucky Bennett designed home with numerous features and upgrades

This is a 4 bedroom, 3 bath house with 3,000 sq.ft. of interior space and over 800 sq.ft. of covered lanais for outdoor living. The home is situated on a very private 3 acre lot and enjoy stunning views of the coastline, Hualalai, Mauna Loa and Mauna Kea.

Besides upgrading exterior (i.e. Mahogany garage and front doors were installed) and interior details (i.e. wood ceiling in great room and master bedroom were installed) the sellers also worked on extensive landscaping, installed solar heating for the pool, central A/C and a photovoltaic system with 24 panels.

Dining

Wood ceiling in great room and upgraded ceiling fans

With the market heating up this property might be the next one to go. I like to show it with anyone looking for a private and energy efficient home where entertaining outside, enjoying the swimming pool and watching the sunset are part of their Hawaii lifestyle.

 Kohala Ranch Sunset

 View from the lanai: spectacular sunset over the Kohala Coast

Open House at The Villages at Mauna Lani, This Friday, November 29, 2013

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Villages 622

Come join us this Friday, November 29th, 2013, from 1pm to 5pm!

Villages 304 (Lehua) 2,174 sf, 3BR 3.5BATH Offered furnished at $775,000

Villages 622 (Maile) 2,752 sf, 3BR 3.5BATH Offered furnished at $1,050,000

 

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