For those seeking real estate on Kauai and those particularly interested in REO (real estate owned by the bank) properties for sale, here's a sampling of what appears on Kauai's MLS (multiple listing service) today:
Condominiums
MLS #225425: 1 bed/1 bath Kahala at Poipu Kai I. Asking price $346,900 Days on market = 30
MLS #223363: 2 bed/2 bath Kaeo Kai Ph I (Princeville). Asking price $259,000 (lowered since last ActiveRain posting) Days on market = 103
MLS #225936: 2 bed/2 bath Banyan Harbor (Lihue). Asking price $250,000 Days on market = 13
MLS #225806: 3 bed/2.5 bath Nihilani at Princeville. Asking price $489,900 Days on market =14
Single-family homes
MLS #226240: 5 bed/4 bath (2221 SF of living space on approx. 10,610 SF of land) in Kapaa (4619 Lehua St.). Three plantation cottages for commercial or residential use. Asking price $644,900 Days on market = 1
MLS #226200: 5 bed/3 bath (3395 SF of living space on approx. 1.8 acres of land). Main residence has 4 bed/3 baths. Included is a 1 bed/1 bath cottage. Asking price $599,900 Days on market = 3
MLS #226132: 3 bed/2 bath (1029 SF of living space on approx. 5424 SF of land) in Lihue (4262 Oama Pl.) Asking price $354,000 Days on market = 6
MLS #226104: 3 bed/2 bath (1048 SF of living space on approx. 6000 SF of land) in Kapaa (5358 Kula Mau`u St). Asking price $316,900 Days on market = 7
MLS #225954: 3 bed/1.5 bath (912 SF of living space on approx. 7700 SF of land) in Koloa (3868 Olona St.) Asking price $349,000 Days on market = 13
MLS #225851: 3 bed/2.5 bath (1396 SF of living space on approx. 8080 SF of land) in Wailua Homesteads (229 Koili Ln). Former owner was remodeling, but work was not completed. Asking price $297,500 Days on market = 15
MLS #225781: 3 bed/2 bath (1584 SF of living space on approx. 6715 SF of land) in Eleele (4740 Hokuloa Place) Asking price $309,900 Days on market = 16
MLS #225407: 5 bed/4 bath (3298 SF of living space on approx. 9627 SF of land) in Omao (4345 Naulu Place). Asking price $211,613. Buyer beware, no access without permission (home has rot, mold, termite damage, bees, broken windows & roof leaks). Days on market = 31
MLS #225197: 3 bed/3 bath (2282 SF of living area on approx. 6000 SF of land) in Koloa (1672 Kelaukia St.) Asking price reduced to $1,034,550 Days on market = 38
MLS #223496: 4 bed/2.5 bath (2506 SF of living area on approx. 19,402 SF of land) in Lihue (2891-C Pua Nani St). Asking price reduced to $449,000 Days on market = 98
MLS #223366: 3 bed/2 bath (2117 SF of living area on approx. 10,244 SF of land) in Princeville (3995 Kamehameha Rd). Asking price reduced to $489,900 Days on market = 104
MLS #224854: 3 bed/3 bath (2206 SF of living area on approx. 15326 SF of land) in Princeville (5086 Napookala Circle). Asking price reduced to $799,800 Days on market = 48
[This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed]
Keep in mind, when buying an REO property, the Seller (i.e. bank) wants you to be pre-qualified and in some cases also provide proof of cash funds (i.e. for your down payment). In all cases, whether a single-family home or condominium, the property is sold "as is."
If anything here interests you, let me know. Or when paradise is calling you, call me! Mahalo!
Debra
Debra A. Jason, RA, ABR
Na Pali Properties, Inc.
(808) 826 1846 cell: (808) 635 8031
Several oceanfront homes have been on the market along Kauai’s popular north shore anywhere from 78 to 1,791 days. Between Hanalei and Haena, about a dozen homes are now on the market.
The north shore is favored by many for its lush hillsides and beautiful beaches. However, there’s only so much oceanfront and now is a good time to take a look at what’s around. Here’s some info on the latest listings currently on the Kauai Multiple Listing Service:
MLS #220831, asking price $12,500,000 4 bedrooms/4 baths in Hanalei (approx. 3807 SF of living space on approx. 1.11 acres of land) DOM = 78
MLS #219555, asking price $2,900,000 4 bedrooms/4 baths (approx. 2106 SF of living space on approx. 11,950 SF of land) DOM = 123
MLS #218622, asking price $3,400,000 2 bedroom/2 bath (approx. 1373 SF of living space on 27,750 SF of land) DOM (days on market) = 152
MLS #218628, asking price $3,500,000 2 bedroom/2 bath (approx. 952 SF of living space on 26,250 SF of land) DOM= 152
MLS #218590, asking price $4,600,000 2 bedroom/2 bath (approx. 2784 SF of living space on 13,731 SF of land) DOM = 154
MLS #219016, asking price $6,000,000 5 bedroom/3 bath (approx. 4500 SF of living space on 1.01 acre of land), 2 homes on property DOM = 146
MLS #217160, asking price $6,500,000 3 bedroom/3.5 bath (approx. 2500 SF of living space on 17,048 SF of land) DOM = 191
MLS #208632, asking price $13,000,000 8 bedroom/8.5 bath (approx. 6236 SF of living space on 2.97 acres of land) 2 homes on property (each 4 bedrooms) and tennis court, (one home – the oceanfront one – is also on the market on its own as MLS #219465, below) DOM= 158
MLS #219465, asking price $9,000,000 4 bedrooms/4.5 baths (approx. 2512 SF of living space on 1.91 acres of land) DOM = 158
MLS #219592, asking price $3,900,000 2 bedrooms/2 baths (approx. 1200 SF of living space on approx. 14,530 SF of land) DOM = 121
MLS #207311, asking price $3,250,000 7 bedroom/5 bath (approx. 3102 of living space on 9100 SF of land) DOM = 446
MLS #135921, asking price $15,000,000 4 bedroom/3 bath (approx. 2141 SF of living space on 8.29 acres) 3 bedroom home and 1 bedroom caretaker’s cottage, DOM =1,791
(Information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed).
For those looking for homes they can vacation rental, these properties are not in a Visitor Destination Area. However, several have been vacation rentals to date and have applied for their Non Conforming Use Permit (NCUP) so that the property can hopefully continue on as such. At this time, several owners have received approvals or denials while still others continue to wait for an answer from the County regarding their status. If any one of these Kauai properties interests you and you want to know the status of the Permit (if the Owner applied for one), I can search the County’s Web site for the status.
Want more information about oceanfront homes or other single-family homes along Kauai’s north shore (i.e. Kilauea, Princeville, Hanalei, Wainiha, Haena)? When paradise is calling you, call me! Have a great day.
Mahalo for your time
Debra
Debra A. Jason, RA, ABR (Realtor-Associate, Accredited Buyers Rep.)
(808) 826 1846, cell: (808) 635 8031
www.kauaihawaii-realestate.com
Na Pali Properties, Inc. - located on the highway in the heart of Hanalei
St Regis Hotel - Business reporter Coco Zickos reported (in the May 1st issue of The Garden Island) that the "St. Regis public relations department released an official announcement Tuesday evening that the opening has been delayed until Oct. 1st." According to Stephanie Kaluahine Reid, Director of Public Relations, "The renovation of the hotel is going very well..." To read the complete story, visit: http://kauaiworld.com/articles/2009/05/01/news/kauai_news/doc49fab33abd43d909615447.txt
Princeville’s Makai Golf Course - On May 4th, I received an update from the Head Golf Professional at Princeville’s Makai Golf Course. The course has been undergoing renovations and as of the 4th here’s the update: “Grading Unit #1, ocean holes 1, 9 and driving range are complete & grass mowing will be undertaken in the next week. Holes #6 and 7 are now grassed and hole #8 will be grassed this week.” “As irrigation installation work proceeds through holes 1,2, 8 and 9 of the Lakes course and the final work is being completed on the Ocean course, initial shaping & drainage installation is progressing on the Lakes course holes 3-7. Holes 5,6, and 7 have been shaped and drained and holes 3 and 4 will be completed before the end of May.” “As of this date, our construction completion date…has been set back nearly one month.” Opening is targeted for late Fall.
Polihale State Park – After more than 4 months, Polihale State Park reopened to the public. The Dept. of Land and Natural Resources reopened the park’s access road on April 25, 2009. To read more about it visit: http://kauaiworld.com/articles/2009/04/25/news/kauai_news/doc49f25f589fe54662804612.txt
As I write this post, I’m getting on an airplane tonight and heading to Colorado. While I won’t be near the ocean, I will have the opportunity to be among the beautiful blue skies & Rocky Mountains that surround Boulder. As always, feel free to email or call me if you have questions about real estate on Kauai, HI.
Mahalo
Debra
Debra A. Jason, RA, ABR
When paradise is calling you, call me!
Direct: (808) 826 1846, cell: (808) 635 8031
www.kauaihawaii-realestate.com
On the highway in the heart of Hanalei
Na Pali Properties, Inc.
In the April 19th edition of The Garden Island (Kauai’s newspaper), a “notice of foreclosure sale” was posted for 145 fee simple resort condominiums and 15 fee simple commercial condominium units at the Hilton Kauai Beach Resort in Lihue.
As of April 20, separate from the aforementioned units, approx. 30 additional units are posted for sale on the Kauai MLS (multiple listing service). They are priced between $69,000 and $411,000.
The resort is approximately 350 guestrooms and suites so this foreclosure sale is only for a portion of the condominiums. The 160 units will be sold in bulk, not individually. The auction is scheduled for May 6, 2009 at noon. Open house will be held on April 23 from 2pm to 5pm For the exact description of the property to be auctioned, you may contact the Commissioner, George W. van Buren at 808 599 3800 or gvanburen@hawaii.rr.com
In the April 15th edition of the same newspaper, a “notice of mortgagee’s foreclosure under power of sale” were posted for 2 new Kapaa homes: one at 189 Lani Ali’i Place and the neighboring home at 193 Lani Ali’i Place. The public auction is scheduled for May 1st at noon in Lihue. Inquiries may be made by contacting Jonathan W.Y. Lai, Esq, at 999 Bishop St., 23 floor, Honoulu, Hawaii 96813
Legal notices for properties under foreclosure and being auctioned at the courthouse in Lihue are listed in The Garden Island newspaper. The newspaper can also can be found online at www.kauaiworld.com.
Properties that are REO (real estate owned, by the bank) foreclosures are usually listed on the Kauai MLS. If you'd like to know more about some of those listings, let me know.
Mahalo & have a great day.
Debra
Debra A. Jason, RA, ABR
When paradise is calling you, call me!
(808) 826 1846 cell: (808) 635 8031
Na Pali Properties, Inc.
Between March 31 and April 7, according to Hawaii Information Services, 16 properties closed escrow on Kauai. And, escrow was opened on 24 properties that received accepted offers. For the week before, March 23 and March 30th Hawaii Information Services reported 17 properties closed escrow on Kauai and 11 properties received accepted offers and opened escrow.
While I can’t predict the future (many prospective buyers and sellers wish I could), I’d like to think that this spike in activity on the Garden Island may be an optimistic sign. Interest rates are still at historic lows and there is plenty of inventory to choose from. Not to mention, there's the first-time homebuyers credit (up to $8000) which serves as a good incentive for those that qualify.
REO Properties
While Hawaii doesn’t have as many foreclosures as some states on the mainland, many of you ask about what’s available. Read this article published by the Kauai Board of Realtors regarding purchasing bank-owned properties at: http://kauaiworld.com/articles/2009/04/05/business/kauai_business/doc49d832f5628bc712884740.txt
In the meantime, here are some REO (real estate owned, by the bank) listings on the Kauai MLS as of April 6, 2009 for single-family homes:
MLS #222896 TMK 4-3-6-11-75 $485,000 in Lihue 1,774SF of living space 3 bdrm/3 bath
MLS #221563 TMK# 4-4-3-9-24, oceanfront in Wailua $949,900 600SF of living space 2 bdrm/1 bath
MLS #220533 TMK # 4-4-6-34-13-3 in Kapaa $249,900 1,084SF of living space 3 bdrm/1.5 bath
MLS #21993 TMK #4-4-6-34-13-5 in Kapaa $249,900 1,084SF of living space 3 bdrm/1.5 bath
MLS #221440 TMK #4-4-6-24-90 in Kapaa $342,000 912SF of living space 3bdrm/1bath
MLS # 219148 TMK #4-5-4-15-16 in Princeville $644,900 2,048SF of living space 3 bdrm/3 bath
MLS #220705 TMK # 4-5-4-19-19 in Princeville $859,900 2,206SF of living space 3 bdrm/3 bath
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.
If anything piques your interest, feel free to contact me for more details. In the meantime, have a great day!
Mahalo
Debra
Debra A. Jason, RA
When paradise is calling you, call me!
(808) 826 1846 cell: (808) 635 8031
www.kauaihawaii-realestate.com
Vision Realty All Islands Kauai
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I'm Kauai Realtor-Associate, Debra A. Jason. Tell me what you're looking for & I'll research the market to find the property that meets your needs -- from Kapaa and Kilauea to Princeville and Haena.
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