Diamond Head claimed another large sale this week. This is following a trend of the high end buyers realizing some great buys in this exclusive neighborhood. 3239 Noela St. closed for $8,750,000. The 10,544 square foot home that sits on over an acre was the former home of Jack Myers a local developer that moved to the San Francisco Bay Area. He sold this back in 2000 for $9 million. I’d say close to 99% of the homes on Oahu are worth more today than they were in 2000. Someone got a good buy here!
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Les Abbott | Sep 27th, 2009
If you have any intrest in me living at the Guest Quarters and taking care of the property ,Please advise.
My family has a home in Wailiekii Ridge, Oahu Hawaii
Aloha Tony | Sep 28th, 2009
that’s a beautiful property David. One of the nicest in Oahu I’m sure. Some of my $5mil+ buyers are now getting ready to jump back into Hawaii real estate. I think they know the worst is over and Hawaii is still a great place to invest!
Million Dollar Home Sales on Oahu Took a Big Hit in 2009 « Hawaii Real Estate Market | Jan 13th, 2010
[...] highest sale on Oahu also came down dramatically from 2008. 3239 Noela Drive sold for $8,750,000 which is a small fraction of a $22 million sale in Kailua and a $13 million [...]