Archive for the ‘Puako Real Estate Agent’ Tag

Puako for Buyers   Leave a comment

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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

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“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

Kohala Ranch Sunset Open House 7/18/13 4:30 – 6:30   Leave a comment

Kohala Ranch Sunset Open House July 18 4:30 to 6:30Have you been thinking that Kohala Ranch might be the perfect place for you to call home?    Any plans this Thursday, July 18, 2013, between 4:30 and 6:30?  We are holding these two Kohala Ranch homes open during the late afternoon sunset hours.

Both are located in The Heathers of Kohala Ranch.  This is the preferred neighborhood of all the Kohala Ranch neighborhoods.   The appeal of the location at low, near ocean elevation and the unique to The Heathers  terrain offering more wind protection than upper elevations of Kohala Ranch  attracted many of today’s Heathers residents.   Each home has a different feel, features, floor plan, finishes, views and location.

Take this opportunity to see if one will call you home to Kohala Ranch!!

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Red Wine and Chocolates are to be enjoyed while you tour this home at 59-576 Ka’ala Road

White wine, Prosecco and Rose will be served with some nice cheeses, including Big Island chevre, at 59-316 Oma’o Way.

 

 

 

 

 

 

 

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

Kohala Ranch, North Kohala, Big Island of Hawaii   Leave a comment

Kohala Ranch after the rainsThe Big Island’s Kohala Ranch is a gated equestrian community of over 3500 acres conveniently located between the Kohala Mountain Road and Akoni Pule highway along coast.  It begins at approximately 100 feet above sea level, within range of the whale songs, to cool up country ranch lands 3000 feet above the Sea.  Four legged pedestrian; horses, wild pigs and cows  have the right a way on the roads thru these  range lands. Kohala Ranch residents

Those who chose to call Kohala ranch home today live among the different climates of the distinct neighborhoods of Kohala Ranch.  The Heathers is at the balmy elevation of about 100 feet above the sea to 1,000 feet.  The Meadows lies between 1600 and 2100 feet above sea level and then the Summit from approximately 1600 feet to over 3,000 feet above sea level.  Micro-climates from ocean tropical arid to cool, misty uplands are found here.   Located in the ahupua’a ( historic land division) of Waika, between the Kawaihae and Kahua districts of Kohala, this area is as rich in history as it is in beauty.  Cherished then as now for the vista across Kahuwai-o-pili of an amazing panorama from the mountains to the sea.  Today the beauty of this place continues to awe both the lucky to live here and the lucky to visit .Kohala Ranch vistaKohala Ranch over view

Early Hawaiians established productive fields amidst the sandalwood forest of Waika. It is believed that sweet potatoes were grown along Kahuwai-o-pili, erroneously labeled on many maps as Keanahalulu.  Today one can still see the walls and terraces of these old fields in the pastures of Waika and Kahua.  Even the Hei’au walls,  where agricultural and cultural practices were taught, still stand scattered thru the pastures.

The sweet potato fields and Sandalwood of Waika and Kahua impressed the next wave of settlers with their abundance and stewardship.  The Sandalwood forest were harvested and sold as one of the early commodities of post-contact Hawaii.  Subsequent introduction of cattle by ocean voyaging Europeans seeking to establish stores of provisions ended the farms and sandalwood.  Cattle ranching practices were introduced and taught to the early Paniolo in nearby Kahua, where walls of the first corrals, pens and a homestead still stand as relics of those first Paniolo. Kohala Ranch was once part of these pastures. Almost 40 years ago, circumstances and conditions changed for the ranchers.  They sold these pastures to be developed into the  Kohala Ranch we know today

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Note old corral walls in background

Ohana House at Niuli’i   1 comment

Open House Friday December 28, 2012

10am to 2pm

Award winning home designed by Seattle Architect Jim Cutler of Cutler-Anderson is on the market.  One of only seven homes honored as a record home annually, this 2007 winner is being offered for sale on 73 acres of land.  Three separate parcels include the Cutler Ohana Home on approximately 25 acres, a pasture with ocean views of over 23 acres and the oceanfront 25 acres running along nearly 1,000 linear feet of coastline.  The parccels are three separate, legal lots with county water and power.

52-4755 Akoni Pule Highway, Niulii.

www.northkohalaoceanfront.com

 

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 ResortKukio 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!