Archive for the ‘Mauna Lani Real Estate Agent’ Tag

JUST SOLD!!! Villages at Mauna Lani Resort   Leave a comment

JUST SOLD!!! Villages at Mauna Lani Resort

This lovely Villages home at Mauna Lani #611 sold for $910,000!

The new owners will be waking up each morning to the sunrise over Mauna Kea, Mauna Loa and Hualalai from this 3 bedroom town-home with numerous upgrades!

From the Villages at Mauna Lani you can walk to the Mauna Lani Shops, which includes Tommy Bahama, Ruth’s Chris, along with Mauna Lani Spa, Two Championship Golf Courses & Fitness Center, with fabulous owner rates and privileges including Private Beach, plus a short walk to famous Mauna Lani Resort and Fairmont Orchid Resort. If you would like to learn more about the Villages or Mauna Lani Resort let me know!

Warm Aloha~

Karen

Karen E. Bail

808-936-4640

Fax: 808-883-2263

RB-16072

kebail@aloha.net

http://www.KarenBail.com

ūüĆīūüŹ°

justsold #maunalani #maunalaniresort #townhome #kohalacoast #hawaiirealestate #luxuryrealestate #karenbail

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The Aloha Ball ~ February 3, 2018!   Leave a comment

The Aloha Ball

Come enjoy the beautiful and peaceful environment that only Hawaii can offer. We have chosen a hotel that you will love. At the Waikoloa Beach Marriott Resort & Spa, luxury and nature go hand-in-hand.

We welcome you with a Gala Dinner, spectacular show and Hawaiian hospitality on Friday evening. Saturday enjoy one full day of exciting competition, with a professional showcase finale, followed by a VIP after party. The very next evening, we present an authentic Hawaiian Luau for your pleasure. We encourage you to stay a few days in Kona to experience more of the fragrant breezes and interesting excursions such as Hawaii Volcanos National Park, just to name one. Please check our website for other options such as Stay, Play, and Train! Come join us! We are looking forward to seeing you in Paradise!

The Aloha Ball

Date: 2/2/2018 – 2/4/2018

Address: Marriott Waikoloa Beach Resort & Spa, 69-275 Waikoloa Beach Drive Waikoloa, HI

Hours: See website for details.

Cost/Cover: $20.00 – $95.00

Web Page: http://www.alohaballdance.com/

Contact Info: 415-641-9265

Photo + Article courtsey of: http://www.whofish.org

Warm Aloha~

Karen E. Bail

808-936-4640

RB-16072

kebail@aloha.net

http://www.KarenBail.com

First Annual Tiki Festival on the Island of Hawaii11/16/2017 – 11/18/2017   Leave a comment

First Annual Tiki Festival on the Island of Hawaii is happening November 16-18, 2017.

Details: Royal Kona Resort Thursday November 16th: 

3PM to 5Pm Live Music by Sean Wilkinson

4PM to 10Pm 4 Artists Booths

First Annual Tiki Festival Official Opening Welcome by Kona Kozy 4:15-5:15

Opening Dance Number Criste Entertanment 4:30PM to 4:45pm
Kona Kozy Introduces Chef Sam Choy, Artist & Entertainers

Henry Kapono Plays Muisic 5PM -7PM uninterrupted

Chef Sam Choy book signing 5PM

Chef Paul Muranaka joins in Free Poke Tatsters 5:30PM until All Gone!

Kozy INtroduces LT Smooth Band 7:05-7:15

LT Smooth & Kozy Guitar Auction 8PM

LT Smooth Band Plays thru 10PM

Kozy’s Tiki Palace Shops at Mauna Lani Friday November 17th + 18th:

Friday November 17th: 6Pm-8Pm Kozy’s Tiki Palace Meet and Greet with the Most Famous Tiki Artists in the USA! Shops at Mani Lani, at Kozy’s Tiki Palace

Saturday November 18th: 2PM -6PM Wrap up our Free Event with a stroll through the First Annual Kozy’s Tiki Food and Art Market! 


Date: 11/16/2017 – 11/18/2017 Event is: Thu, Fri, Sat
Locations: Royal Kona Resort , Alii Drive Kailua Kona Hawaii, Kozy’s Tiki Palace Shops at Mani Lani Waikoloa

Hours: See Details daily
Cost/Cover: FREE

Web Page: http://www.tikishark.com

Contact Info: Jill Weiss 808-319-7733

Audience: All Welcome

Sponsored By: Kozy’s Tiki Palace, Naked Rum, Kona Royal Resort, Tiki Shark Art, Inc. Kona Oceanfront Gallery

Karen E. Bail, RB-16072

808-936-4640

Fax: 808-883-2263

kebail@aloha.net

http://www.KarenBail.com

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‚Äôs ‚ÄúUncorked‚ÄĚ Food & Wine Festival is an experience in great taste‚ÄĒfrom rich jazz to fine wines and delicious gourmet foods‚ÄĒon Saturday, November 11, from 6 to 8 p.m.

The annual event is a benefit for the Visitor Aloha Society of Hawai‚Äėi Island (VASH) which assists Hawai‚Äėi 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, ‚ÄúHonestly,‚ÄĚ this year.

As if exposure to Binti‚Äôs music wasn‚Äôt enough, Uncorked guests can savor food tastings from the ‚Äúizakaya-style‚ÄĚ 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‚Äôs 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‚Äô 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 ‚ÄúVIP Shopping & Dining Discount Card‚ÄĚ 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

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 ‚Äúrest‚ÄĚ 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.

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‚Äôi Drive (click here) is a double lot that is truly oceanfront though technically not (call me for the explanation). Then there is Puako‚Ķ.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

Big Island home prices up 7.9% in August, but condo prices slumped – Pacific Business News   Leave a comment

Big Island home prices up 7.9% in August, but condo prices slumped – Pacific Business News.

BIG ISLAND HOME PRICES UP

News like this is always great to hear.  Looking a little deeper we see that the home sale price average is up just about everywhere due to shrinking inventory and increasing demand.   Mauna Lani Resort and Puako had some very large sales in the month of August.  However, the diversity of the markets on the Big Island does not translate into an evenly distributed 8% increase.  Just as the nearly 11% slump in condo prices does not equate to  a decline in condo prices at Mauna Lani Resort, Waikoloa Beach Resort or Mauna Kea Resort.  There we are seeing prices creeping up, sometimes leaping, as inventory shrinks and prices naturally head north.  There are fewer distressed properties hitting the market and when they do, the rising of the market price floor brings these prices up as well.

MARKET HEATING UP

For the first time in years we are seeing very¬†competitive¬†markets. ¬†Multiple¬†are offers coming in and less discounting in all¬†sectors¬†of the market. ¬†Kailua-Kona is the best¬†example¬†of this on the Big Island. ¬†There FOR SALE¬†inventory¬†is almost half the amount of homes in escrow (pending sales). ¬†We seem to be following the recent Statewide trend where homes that have been on the¬†market¬†as long as 18 months are now¬†receiving¬†multiple¬†offers….bidding wars have returned. ¬†The super low, and I mean¬†SUPER¬†LOW, interest rates may be the call to action!! ¬†As the¬†reality¬†sinks¬†in the¬†the¬†economy¬†has been slowly recovering for years¬†and is¬†gaining¬†momentum, fewer and¬†fewer¬†buyers¬†are taking the wait and see approach. ¬†They don’t want to be wishing next year that they¬†bought¬†this year.

Because¬†statistics¬†lump all of the Big Island¬†together; ¬†properties from¬†Puna¬†to¬†Hualalai¬†Resort,¬†Kukio¬†and all that lies in between, the rate of¬†increase¬†will be higher on the West Side and lower on the east side. ¬†This being my second Big Island Real Estate Roller coaster ride, I feel pretty comfortable¬†encouraging¬†buyers to leap now¬†on that¬†property of their dreams. ¬†Take advantage of these extraordinary low¬†interest¬†rates before the tide changes….rolling in¬†with¬†both higher prices ¬†and higher¬†rates. ¬†Leap now while the water is warming up, before it’s hot enough to get burned!