Archive for the ‘waikoloa beach resort luxury condos for sale vista waikoloa’ Tag

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

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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.

It’s the Season…   Leave a comment

Hohoho Aloha.    Holidays in Hawaii are lit by the same dreams as those of other places.  All the children get excited about Santa Claus and bring out socks this one time of year because there is no way slippers can hold all the Santa booty.   Businesses slow down as both the employees and the employers take off to share the joys of Island life with family and friends.  The feeling of aloha is even stronger this time of year.

The Big Island holiday season is the time when very special properties come on the market.  The best resort and oceanfront properties are released to the market this time of year.

IMG_3124Mauna Kea Resort Home For Sale

Mauna Kea Resort adds two very cool properties to its limited inventory of homes and land for sale.   These properties are really one; a stately home on one parcel and the adjacent empty lot.  It’s a very interesting opportunity for the right person.

Entry (1)Forty Nine Black Sand Beach also has this new listing of a great oceanfront lot.  The owners club at 49-Black Sand Beach is quietly and tropically elegant set steps away from the black sands of Honu’apae Bay.  There is also the possibility that I can sell you a great house at Pau’oa BeachMauna Lani Resort Beach Club…..have a shy seller who would like to sell quietly at the moment.  We may go on the active market in early 2013.

Kona Bay Estates Real Estate for Sale in Kailua-Kona, HawaiiOceanfront Kailua-Kona has some new, high quality merry season offerings. Kona Bay Estates Oceanfront home for sale There is a very attractive oceanfront home and  a great lot for sale only a short walk away from Keiki Beach at Kona Bay Estates.   A home that more than one oceanfront buyer asked about at Ali’i Point is finally on the market. Home at Alii Point There is also a new lot listing a few lots north. Down at the end of Keauhou past all the condos, along a dusty beach road is this very cool Island style home.Keauhou Ocean Front Home For Sale  Island life has totally different feeling from resort living out here at the edge of Keauhou.

Santa and Mrs. Claus relax on the Big Island

There are many reasons why this is the time of year that typically generates the best quality of Real Estate inventory.  As they say” timing is everything” and then there’s that phrase about “location, location, location”….. The location is Hawaii; the timing is now.  The winter market is shaping up to be one of beautiful choices at good values.  Just the way life should be….

Merry Christmas, Happy Holidays, Happy New Year!

A hui hou!

The Glue Network   Leave a comment

Have you ever heard of the Glue Network?  It is a virtual bulletin board to raise funds for very specific projects.  Got to the site and check it out, very interesting.  Its an amazing how a little can add up to a lot…to big differences in lives.  Donate yourself or buy gift cards for friends.  Let then pick which project they want to fund with your gift.  Perfect gifts for any occasions.  Amazing what can be accomplished!

Featured Listing: Vista Waikoloa #G203 $359,000

MLS# 248457 | 2 Bedroom | 2 Bathroom | 1,230 sf

View All Images

Watch the golf game from the comfort of your lanai overlooking the Waikoloa Beach Golf Course. Fully furnished unit is ready for you to move in.   Wooden Shutters can slide open to let in the warm sunlight or close for privacy.  Quiet location away from the street is convenient to the well equipped fitness center, pool, spa and Barbecue pavilion.  Walking through the manicured grounds is truly a walk in the park; paths meander under shady, flowering topical trees along more flowering shrubs and expansive lawns.
One of the best white sand beaches, Anaehoomalu Bay is literally a five minute stroll away.  Two golf courses beckon; lots of shopping at either the Kings or Queens shops that also offer dining from fast food to fine cuisine.  The Marriot Waikoloa Beach Hotel and the Hilton Waikoloa share their services with residents, too….more fine food,  spas and entertainment! Isn’t it time to make your dream vacation your life?  Stop dreaming….come on in…  E Komo Mai!

Contact me for further details on this listing.

Featured Listing: Vista Waikoloa #G203 $359,000

MLS# 248457 | 2 Bedroom | 2 Bathroom | 1,230 sf

View All Images

Watch the golf game from the comfort of your lanai overlooking the Waikoloa Beach Golf Course. Fully furnished unit is ready for you to move in.   Wooden Shutters can slide open to let in the warm sunlight or close for privacy.  Quiet location away from the street is convenient to the well equipped fitness center, pool, spa and Barbecue pavilion.  Walking through the manicured grounds is truly a walk in the park; paths meander under shady, flowering topical trees along more flowering shrubs and expansive lawns.
One of the best white sand beaches, Anaehoomalu Bay is literally a five minute stroll away.  Two golf courses beckon; lots of shopping at either the Kings or Queens shops that also offer dining from fast food to fine cuisine.  The Marriot Waikoloa Beach Hotel and the Hilton Waikoloa share their services with residents, too….more fine food,  spas and entertainment! Isn’t it time to make your dream vacation your life?  Stop dreaming….come on in…  E Komo Mai!

Contact me for further details on this listing.

Featured Listing: Vista Waikoloa #G203 $359,000

MLS# 248457 | 2 Bedroom | 2 Bathroom | 1,230 sf

View All Images

Watch the golf game from the comfort of your lanai overlooking the Waikoloa Beach Golf Course. Fully furnished unit is ready for you to move in.   Wooden Shutters can slide open to let in the warm sunlight or close for privacy.  Quiet location away from the street is convenient to the well equipped fitness center, pool, spa and Barbecue pavilion.  Walking through the manicured grounds is truly a walk in the park; paths meander under shady, flowering topical trees along more flowering shrubs and expansive lawns.
One of the best white sand beaches, Anaehoomalu Bay is literally a five minute stroll away.  Two golf courses beckon; lots of shopping at either the Kings or Queens shops that also offer dining from fast food to fine cuisine.  The Marriot Waikoloa Beach Hotel and the Hilton Waikoloa share their services with residents, too….more fine food,  spas and entertainment! Isn’t it time to make your dream vacation your life?  Stop dreaming….come on in…  E Komo Mai!

Contact me for further details on this listing.