Princeville Kauai Real Estate Update for Aug 12 to Aug 18

Aloha from Princeville Kauai,

It was a busy week as you’ll see from all the new listings, escrows and sales. Let’s get right to it:

NEW LISTINGS

620249 CND A 5 $619,900 4-5-4-5-23-57 FS PLANTATION #1511 1,153 sqft 2 2.00
620492 CND A 4 $649,000 4-5-4-5-24-86 FS NIHILANI #29B 1,567 sqft 2 2.01
619932 CND A 1 $835,000 4-5-4-5-24-19 FS NIHILANI #7A 1,874 sqft 3 2.01

Back on the Market

291660 CND A 316 $989,000 4-5-4-12-8-5 FS Pali Ke Kua #119 763 sqft 1 1.00

Contingent Sales

615404 CND C 180 $729,000 4-5-3-11-1-4 FS VILLAS ON THE PRINCE #4 1,732 sqft 3 3.00
619961 CND C 25 $690,000 4-5-4-5-23-4 FS PLANTATION #122 1,318 sqft 3 3.00

Sales

218823 CND S 3488 $275,000 4-5-4-12-5-8 LH Pali Ke Kua #108A 717 sqft 1 1.00
SOLD 8/14/2018 for $165,000 (CASH) DOM 3488
618681 CND S 0 $399,000 4-5-4-5-27-12 FS HALE HONU #6B 1,085 sqft 3 1.01
SOLD 6/29/2018 for $329,000 (CASH) DOM 0
617761 CND S 22 $495,000 4-5-4-5-17-5 FS ALII KAI #8E 1,037 sqft 2 2.00
SOLD 8/16/2018 for $485,000 (CNV) DOM 22
618122 CND S 10 $597,000 4-5-4-12-10-41 FS EMMALANI COURT #524 1,192 sqft 2 2.00
SOLD 8/17/2018 for $595,000 (CASH) DOM 10
616165 CND S 66 $895,000 4-5-4-12-9-34 FS PALI KE KUA #246 993 sqft 2 2.00
SOLD 8/16/2018 for $846,330 (CNV) DOM 66

Price Changes

613697 CND A 227 $774,000- 4-5-3-6-22-61 FS Kaiulani #61 1,738 sqft 2 2.01
618161 CND A 90 $559,500- 4-5-4-12-10-30 FS EMMALANI COURT #423 952 sqft 1 2.00
619444 CND A 40 $879,000- 4-5-4-12-3-14 FS HANALEI BAY VILLAS #14 1,244 sqft 2 2.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Plantation 1511 can be yours for $619K. The seller obtained this unit for $644K in 4/06.

Nihilani 29B is available for $649K. The sale before this was in 6/06 from the developer for $604,500. Nihilani 7A is on the market for $835K. The unit was also purchased from the developer in 2/07 for $858,275.

Back on the Market:

Pali Ke Kua 119 went into escrow on 7/2 but unfortunately fell out and is once again available. Priced at $989K, the condo was obtained in 10/07 for $807,500.

Contingent:

Villas on the Prince 14 is in escrow after 176 days priced at $729K. The seller purchased this unit for $725K in 5/05. Plantation 122 found a buyer in only 25 days while priced at $690K. The last sale was in 11/13 for $575K.

Sales:

Leasehold Pali Ke Kua 108 finally sold after 3488 days (that is not a typo) for $165K cash while priced at $275K. It sold in 3/02 for $469K.

Hale Honu 6B was purchased for $329K cash while listed for $399K. The seller bought this unit for $475K in 1/05.

Alii Kai 8E sold in 2/90 for $154,900. It closed this week at $485K while listed for $495K.

Emmalani Court 524 sold for $595K while priced at $598K. The last sale was for $510K in 10/16.

Pali Ke Kua 246 was purchased for $846,330 while on the market for $895K. The last sale was in 4/17 for $750K.

Price Changes:

Kaiulani 61 is listed for $774K after a $16,500 reduction in price. The condo previously sold for $856,400 in 5/08 from the developer.

Emmalani Court 423 reduced from $579K to $559,500. The seller bought this condo in 9/07 for $540K. Hanalei Bay Villas 14 decreased by $20K and is now $879K. The last sale was in 7/14 for $630K. Now on to your Princeville Kauai single family home update:

New Listings

620104 RES A 4 $4,599,000 4-5-3-12-45 FS 3941 ALOALII DR 13,187 sqft 4,386 sqft 4 4.01
620150 RES A 3 $1,268,000 4-5-4-13-61 FS 3696 KEONIANA RD 10,789 sqft 1,680 sqft 3 3.00
620105 RES A 3 $2,795,000 4-5-4-4-9-2 FS HANALEI RIVER GARDENS CONDOMINIUM #2 14,375 sqft 784 sqft 2 1.00
620445 RES C 5 $1,649,000 4-5-4-16-66 FS 4451 EMMALANI DR 14,275 sqft 3,603 sqft 5 3.00

Contingent Sales

620445 RES C 5 $1,649,000 4-5-4-16-66 FS 4451 EMMALANI DR 14,275 sqft 3,603 sqft 5 3.00
614356 RES C 212 $1,835,000 4-5-4-19-23 FS 5107 NAPOOKALA CIR 15,539 sqft 3,747 sqft 5 3.01

Sales

618790 RES S 7 $929,000 4-5-4-18-28 FS 4206 KINAU PL 10,450 sqft 1,816 sqft 3 2.00
SOLD 8/13/2018 for $927,000 (CNV) DOM 7

Price Changes

618191 RES A 89 $739,900- 4-5-4-13-68 FS 3691 ALBERT RD 10,129 sqft 1,608 sqft 3 3.00
616827 RES A 136 $990,000- 4-5-4-20-11 FS 3975 KALAKAUA PL 18,604 sqft 2,450 sqft 4 3.00
616937 RES A 98 $3,295,000- 4-5-4-8-42 FS 5073 KAPIOLANI LP 23,160 sqft 3,693 sqft 3 3.01

This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.

New Listings:

Priced at $4.599M, 3941 Aloalii sold previously for $982,346 in 3/04. 3696 Keoniana was a foreclosure obtained for $612K in 3/18. It is listed for $1.268M.

4451 Emmalani was purchased by the seller for $855K in 9/11. The current listing price is $1.649M. It went quickly into escrow and is also in the contingent portion of this report.

Contingent:

4451 Emmalani went into escrow in 4 days. Listed for $1.835M, 5107 Napookala Circle went into escrow after 208 days on the market. The seller obtained land for this home for $245K in 5/01.

Sales:

4206 Kinau Place sold for close to the asking price, coming in $2K under at $927K. The seller paid $775K in 8/17.

Price Changes:

A $59,100 price drop leaves 3691 Albert priced at $739,900. Land for this home sold for $18,100 in 10/73. The home was foreclosed on in 2/18.

3975 Kalakaua Place made a $11K reduction in price and is now priced at $990K. The prior sale was for $475K in 11/92.

5073 Kapiolani Loop is$3.295M, down from $3.7M. The home was purchased in 1/12 for $1.525M.

Here we are halfway through August already with 56 sales under our belts. With 147 properties in escrow and another 77 under contract, we’re sure to surpass the 82 sales from last August.

If you’re looking to buy or sell, get the facts, first. Put my experience to work for you. Until next time enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine

Elaine Schaefer (B) REALTOR
CRS, GRI, ABR, SFR, SRS
Broker in Charge – Princeville Resort Office
Top Producer 100% Club

RE/MAX Kauai
POB 223609
Princeville, HI 96722

Cell: 808 639 2935
soldonkauai@gmail.com

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