I love the Big Island and feel very blessed to live here. For over 20 years, I was a resident of Alaska...and after almost 20 years of Alaskan winters, my dream was to live in Hawaii. My dream came true-mainly because of real estate investments. The Big Island is a uniqe and varied island - you can pretty much name your climate, view and price on this island. I live high up on Mauna Kea, at the 5,000 ft level at Waiki'i Ranch where winter mornings are a bit "crisp". This area is known to be a horse lovers dream come true with trails through out the ranch. But, this is also a gardeners delight with the cooler climate making mainland fruits such as peachs, plums and apples possible to grow along with a garden of artichokes, asparagus & salad greens...and of course carrots for the horses! Having also lived in Waimea and Waikoloa, I know this side of the Big Island personally and would love to share it with you.
Posted by Pat Strausse, R on August 18th, 2010 |
Tags: Big Island, Homes, Kamuela, Sales Stats, Waimea
This Aneknoa Estates home, just sold, sits on 2.5 acres
The Big Island’s town of Waimea (Kamuela) is still behind other parts of the Big Island in the housing market recovery, and July sales figures show the same pattern as previous months—low sales numbers and not much moving on the higher priced “dry side” of Waimea. For the month of July there isn’t much to report—only two sales—one on each side of town. More »
Posted by Pat Strausse, R on August 16th, 2010 |
Tags: Big Island, Homes, Sales Stats, Waiki'i Ranch
Posted by Pat Strausse, R on August 15th, 2010 |
Tags: Big Island, Condos, Deals, For Sale, Kohala Coast, Sales Stats, Waikoloa Village
With the July sales figures in for Wailkola Village condo sales there was again a strong sales number of 6 condos closed but a low average sales number of only $110,241. And again, it’s a familar line up of complexes accounting for most of the sales with Elima Lani having half of the sales with three, Fairway Terrace in with two sales and Makana Kai At Wehilani had one sale. Finally, distressed sales- short sales or REO’s (bank owed properties)- were the main condos that buyers wanted with 5 of the 6 sales falling into this catagory.
Elima Lani Unit 308 was the top seller at $130,000
There was again a condo sale in the $70,000 range—Fairway Terrace unit A 101 closed at a sales price of only $75,548 for a two bedroom unit. The high sale of the month was an Elima Lani unit that had been listed at $159,900 and was not a distressed property, closing at $130,000. This condo had been remodeled with granite counters in kitchen and baths, tile, new laminate flooring, and new paint. All this and the best it would fetch was only $130,000.
One big note of concern for the next few months of sales is the large slow down in condos going into escrow. In the last 90 days More »
Posted by Pat Strausse, R on August 3rd, 2010 |
Tags: Big Island, Condos, For Sale, Waikoloa, Waikoloa Village
If you’ve been watching the Waikoloa Village condo market, then you know that there have recently been a few great deals on two bedroom condos under $100,000. And if you were playing the “I wish I shoulda, coulda,woulda…game,” you have another chance with a new Elima Lani listing at $89,900.
Elima Lani Unit Listed at $89,900 More »
Posted by Pat Strausse, R on July 20th, 2010 |
Tags: Big Island, Condos, For Sale, Hawaii, Sales Stats, Waikoloa, Waikoloa Village
Wow! June saw not one but two condo sales in Waikoloa that closed in the $70,000 range.
Elima Lani unit #404, listed at $98,000, actually closed at $73,500. And Fairway Terrace B101, a 2 bed / 2 bath unit listed at $83,900, closed at $77,500. These were both REO’s, or bank-owned properties, that had already gone through foreclosure. In addition, Fairways F1029, also a 2 bed / 2 bath, sold at $94,500.
All told, there were six sales in June for Waikoloa Village condos as Waikoloa continues to show healthy sales numbers. A one bedroom in the Waikoloa Villas sold for $155,000, and the top sale price of the month went to a unit in the Paniolo Gardens at $200,000.
Posted by Pat Strausse, R on July 15th, 2010 |
Tags: Big Island, Condos, For Sale, Homes, Sales Stats, Waiki'i Ranch
Waiki’i Ranch had a busy month in June with one home sale closing, one home going into escrow and one lot closing!
Check out my gallery of my favorite Waikii Ranch Property →
Waiki’i Ranch is located on Saddle Road about 20 minutes from Waimea and is known as the Big Island’s premier horse community. The ranch is built around a polo field, riding arena and club house. Many of the homes here have a ranch style and feel.
The home that sold last month (MLS# 232263) was a one of a kind More »
Posted by Pat Strausse, R on July 1st, 2010 |
Tags: Big Island, For Sale, Land, Sales Stats, Waikoloa Village
A new lot (MLS# 236373) has come on the real estate market, listed at only $99,000, and making a total of 19 lots for sale in Waikoloa Village.
This is now the second lot to be listed under $100,000 in Waikoloa Village; the other is listed at $69,000.
This lot on Malina (MLS # 225526) has ocean views for $120,000
At this time there are 19 lots on the Waikoloa Village real estate market, topping out at $1,257,421 for 4.6 acres on Puu Melia. There are three lots that are larger acreage lots with larger price tags; these range from $250,000 to $628,000. More »
Posted by Pat Strausse, R on June 24th, 2010 |
Tags: Big Island, Deal, For Sale, Foreclosures, Homes, REO, Waikoloa Village
Listed at $182,900 below County Assessed Value!
Priced at under $300,000, this Waikoloa Village REO is a deal!
This Waikoloa Village REO (MLS# 234191) has just been reduced in price from $300,000 down to $285,000. This home is located in Kipona Hills, a subdivision that I have lived in and think is one of Waikoloa’s nicest areas. Kipona Hills has wide streets, underground utilities, and sidewalks that are often crowded with Waikola’s famous early morning and sunset walkers. More »
Posted by Pat Strausse, R on June 23rd, 2010 |
Tags: Big Island, For Sale, Homes, Sales Stats, Waimea Kamuela
The town of Waimea / Kamuela on the Big Island is lagging behind in the state’s housing recovery.
Kamuela’s highest-priced home (MLS# 214955) is in esrow with a listed price of $ 1, 075,000
Posted by Pat Strausse, R on June 23rd, 2010 |
Tags: Big Island, Homes, Kohala Coast, Sales Stats, Waikoloa Village
The inventory of homes in Waikoloa Village is slowly going down as homes in the village continue to sell.
Kipona Hills REO—WHAT A DEAL—$285,000 For 4 bedroom home
Currently we are down to about 45 Waikoloa Village homes for sale with a whopping half of these being distressed properties. Last month, in May, there were 5 homes that closed with 3 of these sales being distressed properties. These homes ranged in price from a low of $279,900 (for an REO home that had been on the market for 142 days) to a high of $449,000 (for a non-distressed property that was only on the market for 5 days). With 3 of the 5 sales in the $300,000’s it’s no surprise that May’s average sales price was $350,660. Keep in mind that the average sales price for this year to date for the Big Island is about $258,000—which has a wide range of sales from Puna to Kukio. Wow, talk about a big island of diversity! More »
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