Archive for the ‘Big Island Luxury Homes for sale’ Tag

8th Annual Uncorked Food & Wine FestivalSaturday November 11,2017   Leave a comment

8th Annual Uncorked Food & Wine Festival takes place on Saturday, November 11th at The Shops at Mauna Lani! 


The Shops at Mauna Lani’s “Uncorked” Food & Wine Festival is an experience in great taste—from rich jazz to fine wines and delicious gourmet foods—on Saturday, November 11, from 6 to 8 p.m.

The annual event is a benefit for the Visitor Aloha Society of Hawai‘i Island (VASH) which assists Hawai‘i visitors touched by adversity during their stay, from lost tickets to medical emergencies.

The evening stars multitalented vocalist Binti Bailey, whose diverse musical skills slide effortlessly from blues to classical, jazz to soul and more. A performer in-demand in Kona clubs and music venues, Bailey will release her premiere CD, “Honestly,” this year.

As if exposure to Binti’s music wasn’t enough, Uncorked guests can savor food tastings from the “izakaya-style” menu of Monstera, European flavors of The Blue Room, upscale vegan cuisine from Under the Bodhi Tree, contemporary island style by Tommy Bahama Restaurant & Bar, and the traditional sizzle of Ruth’s Chris Steak House.

In addition, acclaimed Kohala Coast restaurants will share samples of their specialties, including Mai Grille by Chef Allen Hess, Roy’s Waikoloa Bar & Grill, Sansei Seafood Restaurant & Sushi Bar, Sushi Shiono, Pueo’s Osteria, The Fairmont Orchid and others, with libations by Southern Wine & Spirits, Kona Brewing Company and more.

Uncorked attendees also get the chance to bid for bargains in the upscale silent auction, featuring wine tours and travel packages, golf, dining, island adventures and beautiful items from the The Shops’ stores. As a special bonus, ticket holders will receive great offers from participating stores and restaurants at The Shops at Mauna Lani on the night of the event with a “VIP Shopping & Dining Discount Card” valued at over $100 for future visits.


Location: 68-1330 Mauna Lani Drive Kamuela, HI

Hours: 6:00 pm – 8:00 pm

Cost/Cover: $65 in advance or $80 on the day of the event

Web Page: http://www.shopsatmaunalani.com/8th-annual-uncorked-food-wine

Contact Info: The Shops at Mauna Lani at 808-885-9501.

Tickets are $65 in advance or $80 on the day of the event, and may be purchased online at http://www.Uncorked2017MaunaLani.bpt.me. 

Additional event parking will be available.

Karen E. Bail, RB-16072

808-936-4640

Fax: 808-883-2263

kebail@aloha.net

http://www.KarenBail.com

Advertisements

Waikoloa Market Update ~ October 2017   Leave a comment

Aloha and happy Monday to you! The Waikoloa market is going strong with slightly more than 3% appreciation in the last 3-months, click here for: Full Market Report, over the previous three (click here for: homes sold in that period).

The previous three included several bank owned homes to lower the average price. Inventory is still limited. There are more buyers than inventory. Buyers today are less likely to invest sweat equity, preferring a home in good condition, ready to move in and priced at market. Homes within these parameters will sell in days to buyers waiting for the right home at the right price. Not a bubble market where everything sells at any price. You can see this reflected in the full report that shows homes overpriced or in poor condition still languishing on the market. Saw some new homes finished well that did not seem grossly overpriced finally sell when the price was lowered to the market value. There are a lot of buyers who are patient and exercising good judgement. Banks continue to expand their loan programs to be more accessible to a wider range of buyers while adhering to conservative lending practices. No funny money if you can breathe loans!

Rental market remains very tight and monthly rental rates continue to rise. Average rent in Waikoloa now hovers between $2,000-$2,500 per month. Unemployment is very low with a strong construction and high visitor counts. There is a labor shortage in many sectors and lack of rentals discourages new labor sources.

There are developers starting to move on purchasing shovel ready projects or dusting off their plans to get ready to start building more homes. The Vista Waikoloa project is an appealing project of around 30 or so homes starting around $600,000. It is another Town home project with good design and finishes.

Ainamalu at Waikoloa Beach Resort is a very attractively priced community for resort homes. It is a green development offering photovoltaic power, propane farm piping gas to the homes (rare to have this set up on the Big Island) and eco-friendly construction. No great views but beaches within walking and biking distance is a big draw as are the Greenways throughout the neighborhood. The soon to be built community center is pretty WOW. They are moving forward with construction steadily and expect to start delivering completed homes soon. Demand is very solid for this project.

Please feel free to call anytime to discuss Waikoloa further. Always good to hear from you!

Aloha and a hui hou~
Karen E. Bail, RB-16072

808-936-4640

Fax: 808-883-2263

kebail@aloha.net

http://www.KarenBail.com

Monthly Mini Concert Series – Hoku Pa’a Trio at Queens’ Marketplace at Waikoloa Beach Resort    Leave a comment

Monthly Mini Concert Series – Hoku Pa’a Trio at Queens’ Marketplace at Waikoloa Beach Resort!


FREE EVENT – Come for free LIVE MUSIC, 6:00 – 8:00PM at the Coronation Pavilion at Queens Marketplace. 

When: Saturday, September 16

Time: 6:00-8:00 pm

Where: Queens’ MarketPlace Coronation Pavilion

Photo + Article courtsey of: http://queensmarketplace.net

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

Puako for Buyers   Leave a comment

OLYMPUS DIGITAL CAMERA

 

Aloha.  It is starting off to be another beautiful week in Hawaii with the return of the cool stirrings of the Tradewinds.   Clear skies, fresh air…..Hawaii!

The time has never been better to be a buyer for Puako property.  While much of the Island’s most desirable areas have limited inventory, there has never been more properties for sale in Puako in my entire career (selling here since 1989).   By clicking on this market report covering sales over the last 3-months (wait…what sales?!?) you can see that there are 17 homes* and lots for sale with three properties in escrow

The last quarter of 2015 and early first quarter of 2016 saw fourteen properties come to market.  All but four are still on the market. Two of the three in escrow were listed then, all priced at the lower end of the price range.  (Two of the three are our Elite Pacific Properties listings) Two sold although one that sold was actually on the market nearly two years priced 17% higher, then given a “rest” from Multiple Listing Service, a refreshing practice to make it appear as a new listing. Understand the buyer had looked at it earlier and made the offer soon after the price was reduced. The best Puako value, Puako #80, was listed only a few weeks ago and in escrow within days because of its location, charm and excellent pricing.  Word on the streets is it was purchased by one of its regular vacation rental guests.  The other oceanfront home in escrow has been in escrow for months but is another example of a well-priced, well located property considered to be a good value given its extra-large, deep set lot with a classic beach house.   The lot next door to this home, another great value is still for sale, click here to see.  Although there have not been any sales over the last 3-months, there was total of 8-sales between August of 2015 and March of this year.  You can see what sold by clicking here for that report.

At least three of the oceanfront properties on the market have been trying to sell for literally years.  We can suspect that this is mostly due to their prices.  I have shown them to several clients who felt their perception of value was not equal to the sellers perception of value.   Limited inventory in the past gave sellers the luxury of pricing to meet their needs.  Add to that that sellers are not always educated as to how the differences between homes affects their values. Puako is a community without CC&Rs which is very attractive to most of those who call Puako home.  This leads to a mixed basket of homes; from rustic beach cottages to grand oceanfront estates.  It is difficult to determine values since we really have to compare mangoes to bananas.  Harder still for a seller to price to sell if he doesn’t understand how these differences affect their value in the marketplace of today.  That is the job we agents have to do!  But right now, my job is to educate you so you make the right choice as a buyer.  Having all these choices now at this time of year makes it an awesome time for us to find your perfect Puako home.  Or if not Puako, we will find you one somewhere else on this beautiful Island!

Give me a call or shoot me an email and let’s jump on this opportunity now.

 

*Puako Kai is 2-CPR homes on one lot listed separately (2X) and together (1X).  It has been on the market 18-months, listed with three different Brokerages. Now at 20% off the original list price of $2,350,000.

PANIOLO PARADE AND HO`OLAULE`A – WAIMEA   Leave a comment

September 20, 2014

12598932664_ab699156e9_z

“One of our favorite yearly events, the Paniolo Parade will start at 10am at “Church Row” and proceed to Waimea Park, featuring princesses on horseback with attendees (complete with “Pooper Scooper” brigades!) decorated with the flowers of their respective islands. The Parade is followed by one of the best crafts show of the year, featuring island foods, games, arts & crafts, Hawaiian products and live entertainment in Waimea Ball Park at 11am. Free. A great local family event! Note: 1 hour road closure.” Read more here…

Article courtesy of KonaWeb.com

Karen E. Bail, REALTOR (B), CIPS, TRC, ePro
Hawaii life Real Estate Brokers
Call: 808-936-4640
kebail@aloha.net
www.karenbail.com

Image courtesy of Daniel Ramirez/Flickr.com

Moving with Children – Make it Easier on Your Kids   Leave a comment

Moving with KidsMoving is hard for everyone. It’s a lot of work, and there are a lot of emotions that go into packing up one home and moving to another one.

A move can be especially difficult for children, however. Kids can feel like they have no control during a move. They are leaving behind their home, their school, their friends, and most of what they know.

You can’t completely eliminate the stress of a move, but you can help your children get through the process a little easier. Here are some tips from parents on how to make your household move less stressful for your children.

Give your kids time to adjust to the idea of moving. Children will need time to say goodbye to friends, but giving them too much time can cause them to worry more about the upcoming move. Younger children need only a month or two of advance notice. Older children and teens, however will need more time. They have more friends, more activities, and more memories in the old house.

Involve your children in the process if you can. Bring older kids along on a house-hunting trip. Consult your children about paint and decorations in their new room. If you have some flexibility, ask your kids for input on what they want in your new home. If you are able to find a home that fits some of their requirements, your kids will be much more excited about the move.

Encourage your children to remember your previous home. Talk with them about your favorite memories in your old house, or make a scrapbook. If your child has never lived anyplace else, the home is obviously very special to them. Help them deal with the separation by allowing them to share their memories.

At the same time, help them get excited about their new home. Visit the new neighborhood and school before the move if you can, or show them pictures and videos of the area. Talk about the new friends they will make, the new things they’ll learn, and the details about your new neighborhood. This will make it easier to deal with the anxiety of leaving behind what they know.

Most of all, pay attention to how your children are feeling and support them. Acknowledge their separation issues and help them work through them. This will make it easier for your kids to settle in and enjoy their new home. Contact me today for a consultation. I will be happy to answer any questions you may have about buying or selling a home.

Karen E. Bail, REALTOR (B), CIPS, TRC, ePro
Hawaii life Real Estate Brokers
Call: 808-936-4640
kebail@aloha.net
www.karenbail.com

Photo courtesy Doriana S., Stock.XCHNG

Island of Hawaii Sweet Spots on the Sea   Leave a comment

 

   North Kona

The rush of the winter market has subsided for the moment…or has it? The past few years have shown that the snowbird market is not necessarily the best time for the astute buyer to buy Big Island property, especially the “trophy” properties along the ocean and in the resorts. The last weeks of April into the first week of May are experiencing a vigorous buying frenzy. Properties listed in December anticipating ambitious appreciation have now languished long enough that the serious sellers are now motivated to move on and let go. So these oceanfront Big Island properties may now be ripe to pick up at realistic market prices.

The first one is south of and adjacent to Waikoloa Beach Resort.  Click here to see.   It is 27 acres directly on a white sand beach.  The conservation designation may limit what you can build to 5,000 square feet of improvements, conservation zones vary based on each locations’ unique classification.  But waking up to the blue skies, seas and white sands under a warm sun is heavenly.  It is priced well at $7,000,0000 when compared to the slightly smaller parcel of 21+ acres a bit more to the south and less easily accessed property to the south asking $20,000,000, click here to see this listing

Go North!  North Kohala now offers this totally different oceanfront world (Click here), one where cliffs meet the sea in front of rolling acres of North Kohala pasture lands.  The views both inland and seaward are awe inspiring…really.  If this moves you, you have to check out my listings along the shore that have just seen a significant price reduction.  This oceanfront acreage graced by a rare stand of indigenous Hala and the adjoining virtual oceanfront parcel together equal almost 50 acres.  They can be purchased separately or together with the Jim Cutler designed home on the mauka boundary to create a 73+-acre oceanfront estate The seller promises a nice discount if these three are purchased as one. 

Drive south of Kona to historic Kealakekua Bay.  Along its south shore is a secluded, gated road; Keawaiki.  Go further down this Road and you will come to Puu Honua o Ho’onaunau, also known as the City of Refuge. Spent a lot of time here lately in this magical place with clients who purchased a super sweet oceanfront home last month.   There are very few places like this where one watches lauipala, (yellow tangs) swim in clear ocean water from the shore, seeing them as clearly as if you were in the water with them.  Which is really where you should be; swimming, surfing, kayaking and playing in the warm waters of this black sand beach bay.  This property, click here, is a true Kama’aina home on almost one and a half acres.  You have to wonder how much you will use the pool when you have the best ocean waters in the world to play in a few steps away. 

Thought since we are talking ocean you might want to think about this property that just saw a nice price reduction.  Here on Kaiolu Drive off Ali’i Drive (click here) is a double lot that is truly oceanfront though technically not (call me for the explanation). Then there is Puako….one of my favorite homes is still for sale. It is well priced at $5,950,000 given that this winter saw a sale of another home on the ocean here for $7,250,000. The cute little cottage across the street on the mauka side of Puako Beach Drive is also still for sale…there has been one price reduction so far, maybe an offer closer to the most recent mauka sale would now be appreciated. 

Lets not forget the lovely oceanfront Pauo’a Beach at Mauna Lani.  This sparkling new home feels as much like oceanfront as non-oceanfront can.  The resort location allows one the opportunity to walk to many of the nearby amenities.  It should be finished by next month.

Enjoy your week!  Stay well, be healthy and call if you want more information or to schedule an appointment.  A hui hou