In 2011. there were 167 properties sold on the island of Kauai, Hawaii as bank-owned REOs - an increase from 2010 when 135 properties sold as Kauai REOs.
The median sales price was $274,000 - down from the median sales price for Kauai REOs in 2010 of $320,000.
The most expensive Kauai REO sold for $3,100,000 in May 2011 after only 21 days on the market. In 2009, the property had been listed for sale for over $7,000,000.
4160-C NORTH WAIAKALUA ST, #71 in Kilauea is an ocean bluff estate in Kilauea Farms. There are fantastic ocean views and direct access to Pilaa Beach. The property consists of 2.88 acres. The home has five spacious bedroom suites, a gated entry, gourmet chefs kitchen, library, two living rooms, dining room, and a media room. What a great buy.
Twenty (20) of the REO sales were at Islander on the Beach and Thirteen (13) of the REO sales were at Kauai Beach Resort. Seventy two (72) were single familty residences.
As of today, there are only 22 Kauai REO properties for sale on the island of Kauai. Call me if you want to know more about those properties.
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