About Kapaa's Kapaa

[

Islander on the Beach is a low-rise resort condominium complex on Kauai's East Side in an area called the Coconut Coast. It's an oceanfront complex with 8 buildings and 203 units, most all with 372 square feet of living space. It's located within a short stroll to the Coconut Marketplace with restaurants, night clubs, gift shops, clothing boutiques, jewelry, and art galleries. A nice sandy beach is in front of the complex and many sights and attractions are just a short drive away.

These are converted hotel units that were gutted, very nicely refurbished with tropical decor, and sold to individual owners in 2005, a renovation of approximately $10 million. Most lenders classify these units as "lodging units" because they don't have a full kitchen and have quit making loans on these types of condos. Thus today's buyers (2010) must usually pay cash. Even so these units are within easy reach of many due to a precipitous drop in prices to as low as $78,500 (see below for current median sales price).

Islander on the Beach Complex Map

Islander on the Beach Sales and Listings Information

Summary of Listings (August 2010, includes units in escrow)

Summary of 2010 Sales (August 2010)

Information is deemed reliable but has not been independently verified and is not guaranteed.

Richard T. Dolbeare (RA), ABR, CRS, e-PRO, RSPS, SFR, BS/MS | Keller Williams Realty, 1819 S. Kihei Rd, Ste. D-110, Kihei, HI 96753 | (808) 651-4550 |Aloha@RichardDolbeare.com

Aloha,

I made mention of the Oasis Restaurant in my last update - I've been meaning to get there since reading about it in an article entitled "New Kauai restaurant buying local" in the April 2nd edition of the Pacific Business News. Here is what that article had to say - "A new restaurant on Kauai has committed to sustainability by buying local. About 80 percent of the meat, fish, fruits and vegetables purchased for Oasis on the Beach at the Outrigger Waipouli Beach Resort is from the Garden Isle. Owner-operator Stefan Mandel says 85 percent of the restaurant is sustainable to Hawaii overall.

The oceanside restaurant opened Feb. 15 at the Kapaa condominium-hotel, and Mandel describes its style as casual, "with a fine-dining element." The Hawaiian regional cuisine is prepared by executive Chef Zack Sato, who most recently was at the Azure restaurant at the Royal Hawaiian Hotel in Honolulu." I was eager to try it given that they were buying local!

The Oasis is located in the Waipouli Beach Resort located directly across from the Safeway Shopping Center (Kapaa Shopping Center) in Kapaa. If you haven't been inside of this complex, it's worth it just to experience the elegant entryway and the beautiful courtyard which consists of an elaborate waterway system, complete with a water slide. This complex is primarily all separately owned high end condo units however a few were retained as hotel rooms. The condo units, some of which are oceanfront, originally sold starting in the $600's but have dropped considerably given the economy. Here are the listings in the complex:

Copyright 4/13/2010 by Hawaii Information Service

233236 T A 12 4-4-3-8-1-30 FS $387,000 Waipouli Beach Resort #B104 1,158 #B104 2/3
233264 T A 20 4-4-3-8-1-10 FS $395,000 Waipouli Beach Resort #A203 1,158 #A203 2/3
219453 T A 437 4-4-3-8-1-33 FS $449,000 Waipouli Beach Resort #B203 1,155 #B203 2/3
225537 T A 280 4-4-3-8-1-53 FS $450,000 Waipouli Beach Resort #C205 1,158 #C205 2/3
214359 T A 598 4-4-3-8-1-135 FS $479,000 Waipouli Beach Resort #F301 824 #F301 1/2
230027 T A 120 4-4-3-8-1-111 FS $489,500 Waipouli Beach Resort #E106 823 #E106 1/2
230630 T A 94 4-4-3-8-1-132 FS $499,999 Waipouli Beach Resort #F202 1,158 #F202 2/3
231219 T A 71 4-4-3-8-1-67 FS $580,000 Waipouli Beach Resort #D101 823 #D101 1/2
232318 T A 19 4-4-3-8-1-81 FS $585,000 Waipouli Beach Resort #D210 823 #D210 1/2
229713 T A 139 4-4-3-8-1-39 FS $599,000 Waipouli Beach Resort #B401 1,158 #B401 2/3
230967 T A 75 4-4-3-8-1-65 FS $599,000 Waipouli Beach Resort #C405 1,158 #C405 2/3
185095 T A 1,295 4-4-3-8-1-55 FS $649,000 Waipouli Beach Resort #C301 1,158 #C301 2/3
228358 T A 176 4-4-3-8-1-68 FS $649,000 Waipouli Beach Resort #D102 1,158 #D102 2/3
212044 T A 680 4-4-3-8-1-99 FS $649,000 Waipouli Beach Resort #D406 1,158 #D406 2/3
227652 T A 209 4-4-3-8-1-25 FS $700,000 Waipouli Beach Resort #A405 823 #A405 1/2
211622 T A 1,051 4-4-3-8-1-110 FS $700,000 Waipouli Beach Resort #E105 1,158 #E105 2/3
204984 T A 849 4-4-3-8-1-3 FS $749,000 Waipouli Beach Resort #A103 1,312 #A103 2/3
233006 T A 26 4-4-3-8-1-79 FS $795,000 Waipouli Beach Resort #D208 1,465 #D208 2/3
203871 T A 858 4-4-3-8-1-129 FS $795,000 Waipouli Beach Resort #F103 1,158 #F103 2/3
200236 T A 964 4-4-3-8-1-161 FS $795,000 Waipouli Beach Resort #G305 1,158 #G305 2/3
231217 T A 71 4-4-3-8-1-32 FS $810,000 Waipouli Beach Resort #B202 1,158 #B202 2/3
217422 T A 520 4-4-3-8-1-138 FS $899,000 Waipouli Beach Resort #F304 1,158 #F304 2/3
228473 T A 181 4-4-3-8-1-18 FS $907,900 Waipouli Beach Resort #A304 1,158 #A304 2/3
231225 T A 71 4-4-3-8-1-182 FS $950,000 Waipouli Beach Resort #H205 1,158 #H205 2/3
228813 T A 162 4-4-3-8-1-185 FS $1,049,000 Waipouli Beach Resort #H301 1,158 #H301 2/3
221522 T A 391 4-4-3-8-1-146 FS $1,149,000 Waipouli Beach Resort #G104 1,158 #G104 2/3
231226 T A 71 4-4-3-8-1-187 FS $1,150,000 Waipouli Beach Resort #H303 1,158 #H303 2/3
231223 T A 71 4-4-3-8-1-143 FS $1,200,000 Waipouli Beach Resort #G101 1,414 #G101 2/3
233182 T A 26 4-4-3-8-1-97 FS $1,250,000 Waipouli Beach Resort #D404 1,158 #D404 2/3
221504 T A 412 4-4-3-8-1-103 FS $1,292,000 Waipouli Beach Resort #D410 1,465 #D410 2/3
218925 T A 489 4-4-3-8-1-14 FS $1,395,000 Waipouli Beach Resort #A207 1,414 #A207 2/3
231224 T A 71 4-4-3-8-1-157 FS $1,400,000 Waipouli Beach Resort #G301 1,414 #G301 2/3
231229 T A 71 4-4-3-8-1-188 FS $1,400,000 Waipouli Beach Resort #H304 1,158 #H304 2/3
219160 T A 470 4-4-3-8-1-194 FS $1,475,000 Waipouli Beach Resort #H404 1,158 #H404 2/3
193073 T A 1,124 4-4-3-8-1-162 FS $1,949,000 Waipouli Beach Resort #G306 1,158 #G306 2/3
193062 T A 1,124 4-4-3-8-1-167 FS $2,200,000 Waipouli Beach Resort #G404 1,158 #G404 2/3

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

I was amazed to see some of these units back on the market in the $300K's and $400K's but my thoughts quickly turned to the HOA fees which start at $1300 a month and go up, depending on the size of your unit. Yes, the courtyard and grounds are magnificent but you pay for it. But I digress.....

Walk through the luxurious front desk area, bear to the left as you skirt the waterways and you'll come to oceanfront dining at the Oasis. The restaurant is pretty much open air with several tables setting out in the sun with just the grass, a small rope railing and a pathway between you and the ocean. It is the only restaurant I've been to on Kauai (with perhaps the exception of the Beach House in Poipu) where I have felt like I was on vacation. They have tiki torches which are lit as it gets dark which adds to the ambiance. I wasn't prepared to take photos, but took this one from our table with my cell phone:

Our waiter, Sam Mitzal was the perfect combination of information, friendliness and service. It's so rare to get REALLY good service that it's a true pleasure when it happens. That night they were serving what is referred to as a "Hawaiian Salmon" more properly known as "Kahanu" which I decided to try, while Jack went for the grass fed Kauai beef ribeye. The presentation and food was every bit as delicious as the scenery was beautiful. In our converation it came to light that Sam's "other job" was as a Photograher and he was kind enough to provide some photos of their offerings:

After our main course, we shared dessert. The tab came to around $90 which included two Hinano beers. It wasn't what I would call an inexpensive night out but I would definitely recommend it for times when you want that "special" dining experience. As we finished up, we could hear the live entertainment from the lounge area in the background which, once again, only added to the feeling that we were on vacation. Oasis serves dinner from 5:30 PM until 9:00 PM. The bar opens at 2:00 PM and serves happy hour specials on drinks and pupus until 5:30 PM.

On a final note, Sam gave me his business card which is a photo he took during a thunderstorm on Kauai several months back. It is awesome as he captured not only the lightening hitting the water from the cloud above but also lightening radiating skyward from the same cloud. His website is www.kauai-wedding-photography.com .

All in all, we had a great time. Thanks to the Oasis and Sam for a job well done!

Aloha Elaine

Looking across an adjacent table to the water at the Oasis.

Elaine Schaefer (R, CRS, GRI, ABR, SFR)
Broker in Charge - Princeville Resort Office
Certified Residential Specialist
Graduate, Realtor's Institute
Accredited Buyer's Representative
Short Sale and Foreclosure Resource Certification
Top Producer 100% Club

RE/MAX Kauai
Princeville Resort Office
POB 223632
Princeville, HI 96722
cell: 808 639 2935
home fax: 1 808 440 4552
email:soldonkauai@yahoo.com
website: www.KauaiRealEstateNow.com
blog: http://blogs.alohaliving.com/princeville-condo-sales/

......you can have your own piece of paradise
ask me how!

One of the main benifits of our economic and financial crises is the affordability of homes for sale. This is also true for the area of Kapaa in the island of Kauai. Below is a list of affordable homes in Kapaa, Kauai.

232705 RS A 24 4-4-6-25-51 FS $239,900 6003 Puka St 7,500 sqft 720 3/1

232990 RS A 16 4-4-6-38-27 FS $259,900 1643 Papau St REO 1643 Papau St 9,943 sqft 1,104 3/1.5

228299 RS A 166 4-4-6-25-3 FS $300,000 5970 Kawaihau Rd 7,500 sqft 1,008 3/1.5

220489 RO A 424 4-4-6-15-32 FS $323,000 4800 A Pelehu Rd 4808 Pelehu Rd 12,894 sqft 596 1/1

229649 RC A 125 4-4-6-15-12-9 FS $329,000 4864-B Nunu Road #E1 4,388 sqft 1,056 2/2

228740 RS A 150 4-4-6-19-44 FS $339,000 4740 Mailihuna Rd. Great Ocean View 7,170 sqft 1,234 3/1.5

Photos of 1643 Papau St. This house is located in the Kapaa Meadows subdivision in Kapaa. It is banked owned and need of some repair but it has a large back yard.

So even if you were priced out of the market years ago prices have dropped considerably in Kapaa. Financing is still affordable with government backed FHA loans. These loans only require 3.5% downpayment. Closing costs can be credited to the buyer from the seller.

There are many benifits to living in the Kapaa area. There are nearby schools, Kapaa Elementary School, Kapaa Middle School, Kapaa High School and St. Catherine School. Safeway, Foodland, Big Save and Kojima Store our all located in town. Kojimas sells pasture raised Kauai Beef. There is a large Farmers Market every Wednesday. Kapaa is centrally located. Kapaa has some of the best swimming and surfing beaches as well as a coastal bike/walk path from the Kapaa boat Lihi to past Donkey Beach. Kapaa is a great place to live and now it's more affordable. Please call me 808 652-6174 or email me julie@hisemail.net if you are interested in affordable homes in Kapaa, Kauai.

All available properties with MLS numbers can be plugged into my website at www.kauaidreams.com for more info and pictures. Or feel free to call or email me at julie@hisemail.net with any questions you might have or an appointment to see these properties. ALOHA JULIE

Please save the date and join us for a fun morning devoted to tree planting in the Park.

How can you help? Get involved! Contact the event planners—tell them you’ll serve as a team leader.