Increasingly in the luxury end of the Kohala Coast Resort real estate market, we find among our buyers close-knit families who often travel with at least three generations, or both sets of grandparents, or several adult siblings. For these buyers, a three-bedroom condo or home is a bare minimum; lately we’ve had some clients for [...]
Shortly after writing that both REO (foreclosure) homes at beachfront Kolea were in escrow, I had a conversation with an agent looking for an oceanfront foreclosure situation at Hali’i Kai, the other luxury condo complex at Waikoloa Beach Resort. Her buyers were hungry for oceanfront and she was insisting she had on good authority that [...]
If you have read my blog about the September sales update, you already know that the community of Hali’i Kai is getting the most attention from buyers. The month of October (2011) ended with only 2 condo sales at Waikoloa Beach Resort and both were at Hali’i Kai, the ideal place to enjoy the Waikoloa [...]
Regular readers of my blog posts may wonder whatever happened to that bank-owned Hawi oceanfront mansion, or the foreclosed beachfront homes in Kolea on the Kohala Coast I wrote about in a post two months ago?
I am suddenly getting a lot of inquiries on two oceanfront properties that are “REOs”—real estate owned by the bank after foreclosure. I’ve blogged about both of these oceanfront homes before, but right now I’m getting the same questions over and over, probably because buyers are starting to get serious about the details. Both of [...]
The high-profile auction of a beachfront home and a penthouse condo at Kolea on the Big Island in March left market watchers feeling a little like they had just watched the final episode of this season’s hot Hawaii-filmed television series. In a cliff-hanger finish, the condo was withdrawn from the market and the home went [...]
My team and I have spreadsheets (both written and mental!) for the Kohala Coast Resort condo communities, so we can track listings and sales activity. That way, we know at a glance whether a new listing is a deal or overpriced. We can see whether the price on resort properties for sale is trending upward [...]
Prospective buyers who missed out on the beachfront Kolea luxury home and penthouse condo auction in March are in luck as BIG price reductions have created two new best buys in the past two days: a bank-owned single family home was reduced from $4,900,000 to $3,995,000 (making two Kolea homes listed under $4 million!) a front-row [...]
Two weeks have passed since the Concierge Auction sale of an oceanfront home at Kolea and a penthouse Kolea villa. As I reported in my earlier post about the auction results, the home immediately was noted as “contingent” in the MLS with a $4 million price reduction. Although I was assured the condo is indeed [...]
Monday’s auction of an oceanfront home and a penthouse villa at Waikoloa Beach Resort was almost overshadowed by other sales activity at the Kolea beachfront gated community. Although I can’t reveal the prices at which the two properties sold, I can say that the auction left attendees shaking their heads and muttering, “somebody just got a screaming [...]
From the lanai of Kolea 10F (MLS# 243619) you can watch a beach volleyball game! The auction of penthouse condo Kolea 2C scheduled for March 21st has just taken an unexpected turn, as the bank which foreclosed on a similar unit directly across from the Kolea Beach Club listed it for sale today at an [...]
No minimum bid on this beachfront Kolea home (MLS# 237963) to be auctioned March 21 By chance last week, I blogged that the single family homes for sale at Kolea, a gated beachfront community on the Kohala Coast, look to me to be a best buy. That best buy just got even more interesting with yesterday’s [...]
This oceanfront Kolea home went to foreclosure, and is now for sale at $4,366,000 (MLS# 242410) The value of the luxury Kolea condos over the long run is enhanced by two factors that won’t change: Its beachfront location with the private path to Anaeho’omalu Bay The developer’s choice to sell 17 lots around the oceanfront [...]
Along the Big Island’s Kohala Coast resorts there were 16 condos with listing prices above $2 million sold in 2010 compared with only 10 in 2009. Of course, all but three of these were technically in North Kona. One Kukio cottage closed at $3.3 million, and 12 condos sold at Hualalai Resort ranging from three [...]
Prediction fulfilled: despite foreclosures and short sales, prices are higher at beachfront Kolea this year. Back in January of this year (2010), I made a bold prediction that prices were headed up at the beachfront Kolea condominium, and home community on the Big Island’s Kohala Coast. That might have seemed like a bit of hype [...]
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