Diamond Head has typically been an area where homes have held their values over the last few years and there haven’t been too many “bargains.” However, for those that have cash, now is your chance!
Previous Price: $8,900,000
Current Listing Price: $6,900,000 (-$2,000,000)
3047 Kalakaua Ave. (MLS# 1003547) has been on and off the market for a few years now. It was completed in 2008 by Homeworks Construction and asking prices have been as high as $14,995,000! Although overpriced back then, today’s price is looking really attractive. Not only are oceanfront homes at Diamond Head rare, those along the Gold Coast are even rarer as most of the real estate is taken up by high rises. For more photos and an interactive floor plan click here.
If you’re looking for an oceanfront home at Diamond Head, 3133 Diamond Head Road (MLS# 2903119) below is a larger home and also available for $3 million more at $9.9 Million.