Princeville Kauai Real Estate Update for Sep 2 to Sep 8

Aloha from Princeville Kauai,

Well, Norman went off on his own path leaving us with even yet more rain, while Olivia is scheduled to pay a visit this coming week. Fortunately, Olivia has been downgraded to a category 1 and should be a tropical depression by the time she is in our vicinity.

Condos stayed busy this week, with new listings, escrows and sales. Homes lagged a bit behind, but that always seems to be the case. Here is your update:

New Listings

620901 CND A 3 $699,000 4-5-4-11-3-121 FS HANALEI BAY RESORT #T35 867 sqft 1 2.00
620859 CND A 2 $805,000 4-5-4-5-24-57 FS NIHILANI #19C 1,874 sqft 3 2.01
621257 CND A 0 $1,795,000 4-5-3-6-22-12 FS Kaiulani #12 2,864 sqft 3 3.01

Back on the Market

610384 CND A 366 $629,000 4-5-4-5-12-2 FS SEALODGE #F2 567 sqft 1 1.00

Contingent Sales

618663 CND C 87 $735,000 4-5-3-11-1-27 FS VILLAS ON THE PRINCE #27 1,732 sqft 3 3.00
619359 CND C 61 $599,000 4-5-4-5-23-53 FS PLANTATION #1411 1,153 sqft 2 2.00

Sales

614215 CND S 0 $810,000 4-5-3-6-22-74 FS Kaiulani #74 1,892 sqft 2 2.01
SOLD 9/5/2018 for $800,000 (CNV) DOM 0
604366 CND S 232 $959,000 4-5-4-11-3-37 FS HANALEI BAY RESORT #L17 1,324 sqft 2 2.00
SOLD 9/7/2018 for $853,000 (1031, CNV) DOM 232

Price Changes

619344 CND A 67 $309,900- 4-5-4-5-39-60 LH CLIFFS #2310 1,186 sqft 1 2.00
619358 CND A 64 $599,000- 4-5-4-5-7-13 FS SEALODGE #B5 748 sqft 2 2.00
618355 CND A 85 $775,000- 4-5-4-5-24-18 FS NIHILANI #6C 1,874 sqft 3 2.01
614070 CND A 128 $799,000- 4-5-4-5-12-33 FS SEALODGE #J6 754 sqft 2 2.00

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 $699K, Hanalei Bay Resort T35 last sold for $125K in 11/84. Purchased from the developer in 9/06 for $815,755, Nihilani 19C is available for $805K. Kaiulani 12 is available for $1.795M since selling for $1.2M in 9/17.

Back on the Market:

Sealodge F2 is listed for $629K. The sale before this was in 7/91 for $268K. It is back on the market after expiring earlier this week.

Contingent:

Villas on the Prince 27 found a buyer after 82 days while priced at $735K. The sellers purchased this condo for $700K in 6/09. Plantation 1411 is in escrow priced at $599K. The last sale was in 1/14 for $482,500.

Sales:

Kaiulani 74 sold for $800K cash while priced at $810K. The sale before this was in 4/07 from the developer for $898,250. Hanalei Bay Resort L17 was priced at $959K when it sold for $853K. The unit sold in 3/84 for $160K.

Price Changes:

Bank owned, leasehold Cliffs 2210 reduced to $324,900 from $344,900. It then reduced again to $309,900. The seller paid $250K in 4/03. Sealodge B5 reduced from $619K to $599K. The prior purchase was for $368K in 9/12.

Nihilani 6C went from $795K to $775K. The seller obtained this unit from the developer in 4/07 for $753,387. Sealodge J6 also made a slight reduction, going from $808K to $799K. The last sale of this unit was in 5/08 for $695K. Now on to your Princeville Kauai single family home update:

New Listing

621118 RES A 1 $859,000 4-5-4-20-1 FS 5115 KAPIOLANI LP 11,448 sqft 1,549 sqft 2 2.01

620907 RES A 5 $1,025,000 4-5-4-13-55 FS 3654 KEONIANA RD 10,224 sqft 2,633 sqft 3 3.00

Contingent Sales

612334 RES C 303 $4,395,000 4-5-4-9-34 FS 4225 KEKUANAOA LN 15,115 sqft 3,276 sqft 3 3.00

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:

5115 Kapiolani sold for $191K in 6/88. It is priced at $859K. 3654 Keoniana is listed for $1.025M. It last sold in 1/01 for $539K.

Contingent:

4225 Kekuanaoa found a buyer after 301 days while priced at $4.395M. The seller paid $3.2M in 12/14.

The month of August ended with 99 transactions which represents a 21% increase over the 82 from last August. The goal this month is 103, and we already have 15 transactions. Let’s see what this month brings!

Looking to buy or sell? Please put my experience to work for you. Get the facts, first! In the meantime, enjoy your Paradise wherever it may be.

Aloha from Princeville Kauai, Elaine


Are you a coffee lover? There are wonderful coffee shops throughout Kauai. Here is Small Town Coffee in Kapaa.

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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