Gated communities are a very desirable real estate investment for residents and investors alike, and East Oahu has three hillside developments thatÂ have seen an uptick in activity recently.
5231A Kuaiwi Place (MLS# 1006735) in Kahala Kua has just been reduced to $1,525,000
Although there are a number of gated townhouse developments, the three single family gated communitiesÂ of Waialae Iki V, Kahala Kua, and Hawaii Loa Ridge are the ones with the spectacular views and higher end properties.Â Various differences existÂ with regard to common area amenities, but all three share the benefits of better security, reduced traffic, and, usually, higher values. These in turn offset some of the negatives, which are a sense of always being watched while coming and going, dealing with having guests having to call in, and the “elitist” perception of some.
- Kahala Kua is the smallest and also the newest of the three with only two homes currently listed for sale (MLS#s 1006735 and 1007636) and
- Waialae Iki V Â is the closest to town,Â withÂ only 1 active listing (MLS#1008093) and 4 in escrow!
- Hawaii Loa Ridge boasts the most expensive listings with 253 Puuikena (MLS# 1003680)Â topping out at $16 Million and is the furthest from town.
Beside the benefits previously mentioned, owning a home in one of these communities affords the owner more ease of mind when leaving their home vacant whether because they are away traveling, or are an investor waiting for the right moment to sell. Oh, I almost forgot to mention: most of these homes have fabulous ocean views!
If a hillside gated community is what you envision for your Hawaii Life, contact me for more information.