Entry level homes to Oahu’s luxury market of Kahala start just under $1 million.
This home on Hunakai St. (MLS# 1014834) is the lowest priced home in for sale in Kahala
If you’re looking to get into the Kahala real estate market, entry level homes start at just under $1 million for a tear down. Buying such a product is a value play. Investors often scoop these homes up because they fit with the model of buying the “least expensive home in the most expensive area.”
In the past six months, there were seven homes in Kahala that sold under $1 million. Today, there is only one available for sale. The reason being, Kahala is a neighborhood where homes on the ocean can sell over $20 million and nice ones not on the ocean can go from $3-$6 million.
If you’re looking to get yourself into the Kahala market, contact me for more information.