Archive for the ‘Hualalai’ Category

12th Annual Living + Design Show in Kona ~ February 25-26, 2017   Leave a comment

12th Annual Living + Design Show 

February 25-26, 2017

9 a.m. – 5 p.m. 

Sheraton Kona Resort & Spa Convention Center Kailua-Kona, HI


Formerly known as the Building and Design Expo, the newly revamped exhibition will showcase latest goods, door-buster deals and endless options for a better home. Don’t miss this two-day event!

Make sure to check out these exhibitors at the Home Show:

All Natural Stone Fabrication

All Out Carpet Care

American Electric

APN Alarm

Cardinale Cabinet Coatings

Coastal Windows

C-Thru Window Tinting

Concrete Technology of Hawaii

Cutco Cutlery

Dickinson General Contracting

Floor Coverings Hawaii

Hawaii Community Federal Credit Union

Hawaii Energy Connection, LLC

Hawaii Gas

Hawaii Steel Alliance

Hawaiian Glassworks 

Hawaiian Solar & Plumbing, Inc.

Honsador Building Products

Island Cooling LLC

Island Plastering & Drywall, LLC

Kaloko Shutter & Blinds

Kona Shoji Design

Mason Termite & Pest Control

P.A. Harris Electric LLC

Pacific Boats & Yachts, LLC

Pacific Waste, Inc.

ProVision Solar, Inc.

Real Time Pain Relief

Renewable Energy Services, Inc.

Royal Pools of Hawaii

Service Rentals & Supplies

S&K Marketing Group

Sonshine Cabinets & Granite

Sunrun, Inc.

Wisteria Lane and more!

Photo + Article courtsey of: Kona Kohala Chamber of Commerce 

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

 

7th Annual Waimea Ocean Film Festival   Leave a comment


The seventh annual Waimea Ocean Film Festival takes place January 2-5, 2017 in Waimea as well as the Mauna Kea Resort + The Fairmont Orchid. It then moves to the Four Seasons Resort Hualalai from January 6-10, 2017.

Ocean Film brings over 60 films to the big screen each year. Most are world, U.S., Hawaii or Big Island of Hawaii premieres, with many filmmakers in attendance. Films fall into categories of ocean experience, such as surfing; ocean environment; and island culutre and history. In addition, films of broader cultural, historic and conservational appeal are also featured, as well as generally inspirational film and stories of epic adventure.In addition to film, the festival offers intimate breakfast talks, Q & A filmmaker sessions and more. 

The festival program is posted to the website and fedtival passes are available online at http://www.waimeaoceanfilm.org. 

Info: 808-854-6095 or info@waimeaoceanfilm.org.

7th Annual Waimea Ocean Film Festival

1/2/2017 – 1/10/2017

🔸Waimea, HI

🔸Mauna Kea Resort

🔸Fairmont Orchid at Mauna Lani Resort 

🔸Four Seasons Resort Hualalai

See website for schedule, map of various venues +more details: http://www.waimeaoceanfilm.org/

Article + Photo courtesy of: whofish.org + Waimea Ocean Film Festival (http://www.waimeaoceanfilm.org/)

Karen E. Bail, REALTOR (B), CIPS, TRC, ePro Elite Pacific Properties 

Call: 808-936-4640

kebail@aloha.net  

http://www.karenbail.com

Building Without a Permit can be very expensive   Leave a comment

Lots of people want to avoid the hassle of the permitting process, thinking it will save them time and money.  Every day we Realtors see the costly aftermath of this when the banks won’t loan on homes with unpermitted additions or lacking final permits….My Grandmother had a saying “Penney wise, pound foolish”  You might save a few dollars in the beginning, but if you ever want to sell your home, after the fact permitting can cost you a lot!  My friend Alan Van Zee at Hawaii Mortgage said I could share his article about the implications of building without a permit in today’s lending climate, thanks again Alan for these very wise words!

Building Without a Permit

The percentage of single family homes for sale that have unpermitted improvements is staggering.  As lending regulations have tightened over the past 8 years, sellers and homeowners are learning the harsh reality of not playing by the rules.

 

It really makes no sense to do work without a permit.  While permits may take some time getting through the building department, the cost for one is relatively low.  I’ll just be bold and say – If you proceed with building anything without a required permit, you are dumb.

 

Sorry to be harsh, but what time and money you may save going the “cheap and dirty” route, will not only cause problems for you in any future financing, but you may never really reap the reward of added value.

 

Appraisers have a tough job when valuing a home with unpermitted improvements.  No matter how nice, an enclosed lanai or transformed garage can never be counted in the calculations of living space square footage.  That could change your 3 bedroom 2 bath home into a 2-1.  The value placed on living space is significantly higher than non-living space.  If someone is trying to buy your listed home for sale, the appraisal may not support the sales price.  SO unless the buyer is putting a substantial amount down, it could cause the transaction to collapse.

 

While this phenomenon of unpermitted improvements occurs on every island, what’s up with Maui and Hawaii Island?  The incidence of unpermitted improvements is almost like a contagion.  Recently I had a client wishing to buy a beautiful ranch property on Maui for $1,300,000.  The owner/seller constructed a 1,700 square-foot shed/barn/garage on the property without a permit.  Why?  The permit was not that expensive.  They obviously had a contractor build it, as it was not some piece of junk.  Now the seller has to go and obtain an after-the-fact building permit.  Not only does it slow down the transaction process, it could derail it if the county comes back and doesn’t approve what was built.  If you are selling something valued at almost 1½ million dollars, are you nuts to think you can build an illegal structure larger than many people’s home, and it won’t cause any problems?  Maybe the thought of selling was not on their radar when they built it.  But selling or not, here’s a fact – rarely does a property stay in one’s family without the need for financing.

 

I get the idea that you may work in the trade and have friends that can help on the side, but get a permit.  Maybe you don’t want to get a permit because certain specialty areas need a licensed contractor to perform that work?  For the specialty areas like electrical and plumbing, get a licensed contractor to do the work.  If I were buying a home and found that someone other than a licensed contractor did the electrical or plumbing, it would not sit well with me.  After all, what could happen?  The place flood or go up in flames?

 

The bottom line is that lending and unpermitted improvements don’t mix.  If you want to see your “investment” reap the greatest reward from the time, money, and effort you put into a renovation or expansion, do it right, and get it permitted.”

for-blogReprinted courtesy of Alan Van Zee, Hawaii Mortgage Company, Phone: 808.988.6622

Mitsubishi Electric PGA Championship   Leave a comment

143656402_6c8988215f_zDon’t miss the chance to see renowned golfers at the Mitsubishi Electric PGA Championship Jan. 18-23. This is the first match of the year on the PGA Champions Tour and is a rare opportunity to see your favorite athletes up close. The event is being held at the exclusive Four Seasons Resort Hualalai Golf Club. “It features 36 – 40 top golfers 50 years or older who have won Champions Tour or other PGA majors or money events in a 54-hole competition for a total purse of nearly $2 million.” Read more here…

Article courtesy of GoHawaii.com

Image courtesy of Jasen Leathers/Flickr.com

January 18-23, 2016

Hualalai Resort
100 Kaupulehu Drive
Kailua-Kona, Hawaii 96740

Karen E. Bail, REALTOR (B), CIPS, TRC, ePro
Elite Pacific Properties
Call: 808-936-4640
kebail@aloha.net
www.karenbail.com

“Off Island Owners” “On Island Agent” Defined   Leave a comment

Mauna Lani Point Per the 2012 Hawaii Act 326 all owners of Hawaii rental properties need to have an “On Island” representative even if they reside in Hawaii on a different island from their rental property and if living outside of the State.   There has been a lot of confusion as to whether this “custodian” must be licensed or not.  The Real Estate Commission November newsletter included a good explanation of this provision.  It looks like the unlicensed individual may only work for one owner; either an individual or an entity , but not more than one owner with out a license.  This is really nothing new, just clarified again.  However there a lot of people who have built a business acting as an off island agent for many owners while not licensed.  Not passing any judgements here as I am sure most do a great job. Licensees are better educated  because of standards imposed by the State,  incur a lot of time and expense complying with license laws which demonstrates a professional commitment to service.  The license gives owners more protection and support should they need recourse.  Get the full opinion here: REC Off Island Agent Opinion

Happy Holidays to you all and may your New Year be Happy EVERYDAY!  A hui hou

The Big Island Oceanfront from Puako to Keauhou   Leave a comment

Finally, there is some selection in the Big Island’s oceanfront real estate market along the “Sunset Coast” from Puako to Keauhou. Changing times give us an oceanfront market that owners of legacy properties find a bit more enticing.   Less regal properties are offered for sale as well.   From vacant land like no others to condos along Ali’i Drive or Puako Beach Road fixers, the selection is pretty interesting right now.   There are many more beautiful coastal properties than discussed here,  these stand out from the rest!

 The most fantastic oceanfront property now on the market is a 21-acre, 4-taxkeys oasis of white sand beach, protected lagoon and rich history. Walk 10-minutes south along the beach from Anaehoomalu Bay at Waikoloa Beach Resort until you reach old beach shacks overlooking the lagoon. The property sits near the border where the South Kohala and North Kona districts meet.  Ruins of an old Hawaiian village are buried under Keawe trees to the South.  The clash between Hawaiians and the Fair American took place in nearby waters off this stretch of coast.  (Different accounts place the encounter as far south as Ka’upulehu or as far north as Puako)  A 3-masted schooner petroglyph is carved in the lava bank here, perhaps memorializing this event.    If you ever wanted a place on a white sand beach to call home…click here to meet your new reality.  “Truly a rare opportunity” cannot be stated more clearly in reference to this property.   It is accessible by vehicle down a private road off of Queen Kaahumanu Highway.

Oceanfront Puako just got better too with a price reduction of $400,000 at 100 Puako Beach Drive (MLS# 257993 click here), from $2,600,000 to $2,200,000,  a much more reasonable price for this tear-down property.   It is now priced in line with recent Puako vacant land sales.

Best priced resort home, actually only true oceanfront resort home, is at Kolea Kai in the Waikoloa Beach Resort.  First listing incarnation in 2009 at $8,750,000 was a bit ambitious,  MLS# 257650 is now smartly priced at $5,995,000.  Expect to see this sold soon given the dwindling inventory and improved value at this price.

Another  unique property is the 2.95 acre estate  at the north point of Keauhou Bay where it is rumored John Wayne married his wife Pilar.  Stately trees shade park like grounds here which include a functioning private dock at this richly historic setting of Keauhou Bay .   Years ago, when personal estates dotted the Keauhou Bay shores,  private docks were common.   More recently it claims its fame as a repository of a Vladimir Ossipoff designed home.  This home was designed with the lighting, breezes and the ambience of this place in mind.  The existing home may need updating but the benefit of the property consisting of two Taxkeys gives one the latitude to build a new home privately situated away from the exiting home.   Pool, pool house and tennis courts complete the package.

The Oceanfront condo list must be interpreted a bit more broadly than the other lists.  Oceanfront condos translate to oceanfront condo “projects” .  Some of the units listed may not really be oceanfront although they are in an oceanfront project.

.  Hali’i Kai 8A, MLS #267028 is not a direct oceanfront unit in Waikoloa Beach Resort, but its views make it feel pretty close.

This Mauna Lani Terrace unit is one of the few 3-Bedroom condos you will find in Mauna Lani so close to the water.

 In Kona, a new listing of a Keauhou Kona Surf & Racquet Club #3301, MLS#267296 seems very reasonably priced at $699,000.

Check out the lists below to see the oceanfront properties for sale along the Sunset Coast.   Call or email when you have the time to talk real estate.  Until then, take care, stay well, be happy and a hui hou!!

Sunset Coast Homes For Sale

Sunset Coast Land For Sale

Sunset Coast Condos For Sale

House of the Day: Hawaii’s ‘Ohana House’ – WSJ.com   Leave a comment

Price reduced to $3,800,000

This is truly a masterpiece, a jewel and a “one of a kind”.  Its the magic of Hawaii that inspired this world class architect to create a home that fulfills its function in a remarkable form; the award winning “Ohana Home at Niuli’i”

Its a home for those who appreciate beauty, have an imitable style and yearn to retreat from the world in an awe inspiring setting that soothes and inspires the soul.

House of the Day: Hawaii’s ‘Ohana House’ – WSJ.com.

Also at www.NorthKohalaOceanfront.com