Shifting Demand For Luxury Real Estate
Trading Penthouse Properties for Luxury Farms
People are trading Penthouse properties in big cities for luxury “Farms” on acreage. It’s a real trend we have noticed statewide, especially on Kauai. Hawaii Life as a company is on pace to match our record-breaking 2019 sales, which is incredible when you consider we have been under strict quarantine guidelines since March and the tourism industry has essentially shut down.
The pandemic has shifted how people think about their homes and what they want out of properties. I received a call this week from buyer Shawn, a police officer from New York City. He said he “wanted to escape the suffocating congestion of the city and breathe fresh air with steady trade winds.” Living in paradise is a real possibility now for many who are working remotely or simply re-thinking life goals and priorities. As a real estate agent, virtual showings and video calls have replaced traditional open houses and lengthy property tours. We continue to be as busy as ever! This week we listed the only 7 bedroom home currently for sale in Princeville, on the North Shore of Kauai.
Stunning Ocean View Princeville Home
The home overlooks a lush green valley with direct views to the ocean. With 4,105 square feet of interior living space and an additional 1,869 square feet of lanai/deck areas, this is a very large home that is a great value on a price-per-square-foot basis. The flexible, split level floor plan is ideal for large groups and extended families.
If you want to see some of our other current listings, learn more about us, and/or search for properties statewide, then please visit our website Hi.HawaiiLife.com.
If you’re planning to travel to Hawaii before September 1st, the State of Hawaii created the Safe Travels website to help you prepare for your trip and expedite your exit from the airport.
From all of us to all of you, stay safe, and be well.