Princeville Is Getting A Face Lift!

Princeville has been one of Hawaii's most exclusive resort destinations since it was created in the 70's. The exclusive Princeville Resort Hotel sits on a bluff overlooking Hanalei Bay and that famous Hawaii landmark known as "Bali Hai". It is such a prime location, that it has been chosen to be the site of Hawaii's first St. Regis Hotel which hopes to open by the summer of 2009.

For the last month, bargain shoppers have been coming in droves to take advantage of the Liquidation Sale, where everything had to go! You could find everything from $1800 Mirrors to used sheets and towels. And the prices continue to drop each week, which makes it irresistible. The first time we checked out the sale, I came away with a leather-like Princeville Resort telephone book cover for $2.00, a lacquer ice bucket for $4.00, two cocktail glasses for $1.00 each and a wine bottle opener at no additional charge! On our second visit, we set our sights a little higher and splurged on two $10 stereo systems and a $5 Hawaiian Music CD. Then, yesterday we found two beautiful burl wood lamps imported from Spain. Now the cashier is starting to recognize me and is sure that I really need to take home one of their $1800 Victorian Mirrors! As you can imagine, Don has suggested that we stay away from the liquidation sale for awhile!

While the big sale is going on at the Princeville Hotel, the Makai Golf Club is also taking advantage of the opportunity to re-do 18 holes of the 27 hole course. Currently, the Oceans 9 hole course and the Lakes 9 hole course are being reconfigured, replanted and restored. Meanwhile, golfers take a couple of turns on the 9 hole Woods Course to get in their 18 holes of golf at the Makai - or take on the challenging 18 hole Prince Course nearby. The Makai Clubhouse is planned to be remodeled by next summer and there is talk of a new health club being integrated into the facility. We will keep you posted as we get more details on that project. Meanwhile, the weather continues to be balmy and numerous white sandy beaches continue to call to our visitors to spend long and lazy days in the sun.

We have noticed an increase in visitors also taking time to visit our Open Houses. Everyone seems to recognize that when the St. Regis is complete, Princeville will again be the Premier luxury Hawaii destination. These next six to nine months may be the perfect time to catch the bottom of the resort real estate market in Princeville.