Princeville Kauai Real Estate update for Sep 9 to Sep 15

Aloha from Princeville Kauai!

This week we dodged Olivia. There has been, and still is some rain, but fortunately, we were generally untouched.

The news this week is that the St. Regis Princeville Resort Hotel and the nearby Makai Golf Course are being purchased by the Starwood Capital Group. The transaction is expected to close sometime in November. It is reported that Starwood plans to renovate the property into an even higher end resort catering to the extremely wealthy.

As for real estate this week, it was busy for both condos and homes. Here is your update:

New Listings

620226 CND A 5 $455,007 4-5-4-5-18-6 FS PUAMANA #2B 1,298 sqft 2 2.00
621261 CND A 4 $495,000 4-5-4-5-27-16 FS HALE HONU #8B 1,085 sqft 3 1.01
621125 CND A 3 $830,000 4-5-4-6-1-30 FS VILLAS OF KAMALII #30 1,825 sqft 3 3.00

Contingent Sales

619455 CND C 59 $469,000 4-5-4-15-21-35 FS SANDPIPER #135 1,042 sqft 2 2.00
619509 CND C 65 $570,000 4-5-4-5-18-94 FS PUAMANA #26A 1,214 sqft 2 2.00

Sales

606267 CND S 291 $1,349,000 4-5-3-6-22-42 FS Kaiulani #42 2,443 sqft 3 3.01
SOLD 9/10/2018 for $1,200,000 (CASH) DOM 291
617718 CND S 55 $619,000 4-5-4-5-23-49 FS PLANTATION #1311 1,140 sqft 2 2.00
SOLD 9/13/2018 for $605,000 (1031, CNV) DOM 55

Expired

610612 CND X 11 $119,800 4-5-4-12-8-1 LH Pali Ke Kua Ii #1 993 sqft 1 1.01

Price Changes

615064 CND A 212 $1,223,500- 4-5-3-6-22-54 FS Kaiulani #54 2,479 sqft 3 3.00
619118 CND A 51 $825,000- 4-5-4-6-1-33 FS VILLAS OF KAMALII #33 1,825 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:

Puamana 2B sold for $510K in 6/05. It is now listed at $455K. Hale Honu 8B is priced at $495K. The last sale was for $514K in 3/06. Villas of Kamalii 30 is listed for $830K. It sold previously for $649K in 4/04.

Contingent:

Sandpiper 135 is in escrow after 54 days listed for $469K. The seller obtained this unit for $250K in 11/03. Puamana 26A sold for $328,500 in 6/13 and is in escrow while priced at $570K.

Sales:

Kaiulani 42 was listed for $1.349M and sold for $1.2M cash. This condo was obtained by the seller in 2/17 for $1.4M.

Plantation 1311 sold for $605K while on the market for $619K. The last sale was for $535K in 11/05.

Expired:

Surprisingly, leasehold Pali Ke Kua 1 expired after 11 days while listed for $119,800. It sold in 2/18 for $212K.

Price Changes:

Kaiulani 54 is now $1,223,500 after reducing from $1.249M. It sold in 6/13 from the developer for $1.025M. Villas of Kamalii went from $839K to $825K. The prior purchase was for $705K in 4/15. Now on to your Princeville Kauai single family home update:

New Listings

620989 RES A 4 $947,000 4-5-4-23-13 FS 4841 MOLI PL 8,270 sqft 1,530 sqft 3 2.00
621363 RES A 3 $985,000 4-5-4-24-15 FS 4266 WAILEIA PL 8,811 sqft 1,874 sqft 3 3.00
621260 RES A 6 $1,250,000 4-5-4-22-23 FS 4137 NALANI LN 10,720 sqft 2,499 sqft 3 3.01

Contingent Sales

620980 RES C 15 $1,295,000 4-5-4-20-26 FS 5145 IOLANI PL 10,995 sqft 2,704 sqft 3 3.00

Sales

618521 RES S 6 $998,000 4-5-4-17-6 FS 4919 EMMALANI DR 10,875 sqft 1,729 sqft 3 2.00
SOLD 9/14/2018 for $993,000 (CNV) DOM 6
617494 RES S 12 $1,295,000 4-5-4-16-63 FS 4487 EMMALANI DR 10,562 sqft 4,018 sqft 4 3.01
SOLD 9/10/2018 for $1,190,000 (CASH) DOM 12

Under Contract

618421 RES U 50 $1,199,000 4-5-4-10-19 FS 5276 POKII LN 10,080 sqft 2,806 sqft 4 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:

4841 Moli Place sold for $395,500 in 10/12 and is active on the MLS for $947K. 4266 Waileia Place is available for $985K since selling for $845K in 4/17. 4137 Nalani Lane is priced at $1.250M. The seller bought this home for $775K in 5/12.

Contingent:

After only 13 market days, 5145 Iolani Place is in escrow while listed for $1.295M. The prior purchase was for $779K in 3/13.

Sales:

4919 Emmalani Drive, which was listed for 4998K, sold for $993K. The prior sale was for $945K in 10/05.

4487 Emmalani sold for $1.190M cash while priced at $1.295M. It was purchased in 7/16 for $537K as a bank owned property.

Under Contract:

5276 Pokii Lane went into escrow on 7/29 and is now under contract. Surprisingly, there we no price changes this week. That’s it for this week’s real estate update!

Due to the lack of funds and other factors, the Kapaa Coconut Festival which takes place in Oct, has been canceled. Instead, Kapaa Business Association is partnering with the Veteran’s Council to bring the Veteran’s Parade to Kapaa on Nov 3rd. If you will be on Island then, come and bring your friends and family. Food trucks, cooking demonstrations and fun for the keiki are just a few of the things planned.

And, if you are planning to buy or sell, 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


Wild Sky Sunset

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

Activerain.com/blogs/soldonkauai
Follow me on Twitter: KauaiElaine
“Like” me on Facebook: Elaine Schaefer Realtor
Find me on LinkedIn: www.linkedin.com/in/ElaineSchaefer

……Making your real estate dreams
my business………

To opt out please type “remove” in the subject line and hit return.

Leave a Reply

Your email address will not be published. Required fields are marked *