Archive for the ‘Kapaau’ Category

Free Holiday Events at Queens’ Marketplace   Leave a comment


Don’t miss these free holiday events at Queens’ Market Place throughout December! 

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Sat., December 10 at the Coronation Pavilion

Kealakehe Intermediate School Ukulele & Chorus Ensemble – 10:00 am

Halau Hula O Kalaulani O Pu’uanahulu – 12:00 pm

HPA Handbell Choir – 4:00 pm

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Dimitra Milan Live Paint

A celebrated artist by the age of 15, Dimitra Milan’s extraordinary paintings can be found in private collections and in fine art galleries in Arizona and Hawaii. Her paintings are often of a dreamy world that bring together subjects with color and style. Don’t miss a special opportunity to see her paint at Genesis Galleries.

When: Friday, December 10

Time: 5:00-9:30 pm

Where: Genesis Galleries

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Monthly Mini Concert Series – Ali`i Keana`aina

FREE EVENT – Join us for free LIVE MUSIC, 6:00 – 8:00PM at the Coronation Pavilion.

When: Saturday, December 17

Time: 6:00-8:00 pm

Where: Queens’ MarketPlace Coronation Pavilion

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Wyland at Genesis Galleries – Live Paint

Meet legendary artist Wyland, enjoy an art show and live painting at Genesis Galleries at Queens’ Marketplace.

When: Thurs., December 29 and Fri., December 30

Time: 5:30-9:30 pm 

Where: Genesis Galleries

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Picture Taking with Santa

FREE Photos with Santa – Bring your own camera!

When: Saturday, December 17 – Friday, December 23

Time: 5:00-8:00 pm

Where: At the clock between Island Gourmet Markets and Romano’s Macaroni Grill.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Movies Under the Stars

FREE Movie Presentation! Once a month, you’re invited to bring a beach chair or blanket for a free outdoor movie at dusk at the Coronation Pavilion.

Santa’s clumsy son Arthur gets put on a mission with St. Nick’s father to give out a present they misplaced to a young girl in less than 2 hours.

PG | 1h 37min | Animation, Adventure, Comedy

When: Saturday, December 24

Time: Dusk 5:50 pm

Where: Queens’ MarketPlace Coronation Pavilion

Mele Kalikimaka! 

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Kohala ‘Aina Festival   Leave a comment

kohala-aina-10-4web“The Kohala ‘Āina Festival is an annual benefit concert and celebration of local harvest, small farmers, and the vibrant movement for island-wide food sovereignty.” Don’t miss amazing performances by local and international musicians, workshops, locally grown Hawaiian cuisine, family activities and organic food vendors. Read more here…

Article and image courtesy of hipagriculture.org

November 12th, 2016 1-10 pm

Hawai’i Institute of Pacific Agriculture
3-378 Pratt Rd
Kapaau, HI 96755

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

A few more reasons I love my job   Leave a comment

Selling Real Estate on the Big Island of Hawaii is not like selling Real estate anywhere else in the world. Sure, the basics are universal but there is something different on this island that is Hawaii Island. Diversity is the best description; diverse in every way. The agents we collaborate with to make a sale to the clients to the properties themselves; not one is the same and all are unique
There are so many reasons to love selling Real Estate on the island of Hawaii. But the best reason is that every day I am blasted by the beauty that surrounds me. From the beautiful scenery to the beautiful people who live here; both the inner and outer beauty that we who live and visit here are so fortunate to experience.
The weeks pass by; no one like the other. Different places, different needs, different dreams. But this past week has been one spent in North Kohala. Truly lucky!!

Kohala Summer Day Kohala Ranch July 2014The south end of North Kohala seems more South Kohala than North. The average rainfall of 6”/year, although there has been 16” so far here this year (a record), provides a dry, arid environment; the most desert like zone of the Big Island. But our desert is unlike anyone else’s desert! The grass and Keawe covered dry lands roll gently into the ocean. When the rains pour down, which is often the case if darks clouds pay their rare visits, water may run in the dry stream beds, bouncing along as waterfalls while we residents watch in awe.  The South end has many nice neighborhoods; Kohala Ranch and Kohala by the Sea being two of the neighborhoods that have gated entries.
My commute with this view to show my listings in Kohala By The Sea and Kohala is an excellent example of a typical day. Those two homes appeal to different home seekers for different reasons, but are good examples of the range of homes on the market in this section of North Kohala.
KealaSS_Pool4_WRkm_Sunset_07_WR

Moving thru North Kohala you will see slopes gradually turn green as the rainfall increases while we go north. As you pass the towns of Hawi and Kapa’au you get the feeling you have gone back in time to a place where the good life means living well spent playing in the fresh air in a beautiful place with good friends and family. You can see it’s a place where the sidewalks are rolled up early because the residents want to get up at the first gleam of dawn to enjoy the place where they live. One that really sparkles in the sunlight. Secret surf spots, ditch kayaking, hiking, fishing and more demand your attention. You will see the old Plantation era homes, from the field workers homes to the managers estates, still loved and maintained; exuding the character of old Hawaii. Some are even for sale.
Scattered in the vast open spaces are farms, ranches and estate properties. Streams and waterfalls may form the boundaires of some properties but views of either the mountians, the forests or the oceans are equally shared among all the different kinds of properties. And as you come to north point of the Island, at the end of Akoni Pule Highway at Pololu Valley you will have passed the other property I had to work at this past week. You will also pass a few streams, one or two that offer swimming pools at secret spots along their course.

 

July 2014 Blog 2 Blog 4 Blog 3 July 2014 Pool Blog
Life isn’t too bad holding Open House after having a showing of this home known as the Ohana at Niuli’i. It is well-known in certain circles after being named a Record Home by Architectural Record. Only 8-homes are designated as such each year by this publication. It is quite an honor for an architect to receive. It is one of many awards for the architect, Jim Cutler of Culter-Anderson. Sometimes called the “Glass House”, it is uniquely engineered to bring the outside environment inside evoking drama in an exquisite interior.

Blog 5Who needs to hang paintings when this is your view?
And this is my job, my career… day in-day out, always amazed by the beauty of this island we call home. What’s not too love?

 

 

Waikoloa Village Homes Market Update   Leave a comment

It’s officially summer….time for the mid-year Waikoloa Village Market Report. Inventory is low at 31 homes currently for sale ranging in price from $310,000 to a high of $847,750 with most homes listed in the mid-$400,000s. There are 30-homes in escrow, waiting for their sale to close at this moment. Wow! There have been 48-homes sold so far in 2014. Short sales and foreclosures still appear and sell quickly if priced right, but they are no longer a major part of the market. The limited inventory may nudge prices up in Waikoloa for the near future. The lack of vacant land to build on here also puts upward pressure on the prices. Click here to see Year to Date market report.

The first quarter of 2014 saw 21 sales at an average price of $434,257. Homes were selling within 97% of their listed price in an average of 94 Days on Market (DOM). This compares well to the first quarter of 2013 where the average price was $335,369 of a total of 16 sales. That is a year to year, first quarter price increase of 29% and a 31% increase in the number of sales.

There were 27 homes that sold in the second quarter of 2014 at the average price of $472,348. Sellers realized, on the average, about 97% of their asking price in an average of 91 days on market. There was large volume increase of 28% over the number of homes sold in the first quarter of this year. This same quarter in 2013 saw more sales, 31, but at a 21 % lower average price of $390,569. The 2014 second quarter price is also higher than the third quarter 2013 average of $368,539, but, lower than the 2013 fourth quarter average price of $496,999. This average may be higher because only 22 homes sold in the last quarter of 2013, one which was over a $1,000,000.

There are a lot of buyers looking to call Waikoloa home. If interest rates remain low and the world stays calm, we expect to see prices continue to move into the upward direction.

As always, please feel free to call or email to discuss. Be happy, stay well and a hui hou

OLYMPUS DIGITAL CAMERA

Waikoloa Village Golf Course

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

Exceptionally Attractive Properties   Leave a comment

Recently I was fortunate enough to view these extraordinary properties in the North Kohala area of the Big Island.  Properties like this really and truly are not on the market often or for very long.  They are located very near each other in the south side of North Kohala.   North Kohala is an area of Hawaii unlike any others; renowned throughout time for its abundance of natural resources and beauty.

The first property is in Puakea Bay Ranch Subdivision.  It is a “front row” vacant lot of approximately 10 acres of pastures virtually, but technically not, oceanfront.  At $999,000 it is a very good price for this amount of land so near the water.  Plus the opportunity to take over the financing makes it even more special.  Click here to link to the information. 

Almost directly mauka, but reached in a roundabout way, is another absolutely rare property.  It is the embodiment of the North Kohala upcountry style by its architecture and its place.  There are two very separate homes plus a detached guest home  offering a total of 6 bedrooms and 4 baths on approximately 8.75 acres.  One home is a very simple 3-Bedroom, 2-bath home in great condition.  The other home was created by the architect who designed Koele Lodge on Lanai;  Norman Hong.  There is a “Territorial Plantation” feel to it.  The detached guest suite is presently used as an office. You could not ask for a prettier setting.  Or a more private setting.   The landscape is enhanced by the panorama of beautiful Kohala country and ocean views.  Click here for more information about this house. 

Places like these make me really love  the fact that my profession offers the opportunity to visit the rare, the beautiful, the truly special lands and homes of the Big Island as part of my “Job”.   Even better, is the satisfaction of  finding their new owners who will love and care for them, turning these special places into their special homes.

You know how to reach me if these properties have reached you!  If not, look below.    They are both easy to see.  A hui hou