Princeville, HI Real Estate News

By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Hanalei - Princeville, Kauai -Condo Sales Statistics Wow! It just keeps getting better for buyers. What a great time to buy! Look at the condo sales statistics for year-to-date through October. The market continues to be very slow and prices are declining in Hanalei District (the North Shore of Kauai, Hawaii).  The majority of the condos in Hanalei District are located in Princeville. There were only 46 condos sold this year from January - September.  That is the fewest number of sales in 11 years. The median sales price has droppped to 2005 levels. There are some great buys out there right now.  Call me before the really great ones are sold. So here are the condo sales statistics for Hanalei District:   contact me
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Do you want some information about Emmalani Court located in Princeville, Hawaii and the condo sales statistics? Emmalani Court is a small complex of 42 one, two and three bedoom condominiums on approximately 4.7 acres overlooking a bluff adjacent to the Princeville Makai Golf Course. Emmalani Court buildings 1,2,& 3 were built in 1992 while buildings 4 & 5 were completed in 1994 after the hurricane. It is one of the few complexes that has a party/meeting room. It has a swimming pool and jacuzzi and barbecue area.  There is a full time resident manager that lives on site. Emmalani Court is is walking distance to the newly opened St Regis Hotel.  Restaurants and shopping at the Princeville Shopping Center are nearby. Hanalei Beach is just a few minutes drive from Princeville.  Currently...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It seems like a long, long time since we were on Bora Bora but in truth, it's only been one very busy week. Tuesday found me driving over to PMRF in Kekaha to the "DV" (distinguished visitors) tent to watch the launch of a medium range ballistic missile target from the base and subsequent intercept by the Japanese ship JS MYOKO, which was located Northwest of Kauai. It was great fun to see the lift off and watch the missile as it headed skyward, leaving behind a contrail which created a strange grey shadow across the sky as the missile headed North across the setting sun. We even got to see the launch of the interceptor from the Ship on a monitor in an adjacent building. Believe me when I say you don't want to blink or sneeze when the interceptor launches otherwise you'll miss it...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I'm back from Bora Bora and yes, we had a fabulous time. The overwater bungalows with the glass topped coffee table for fish watching were everything I dreamed they would be. We even swam under the bungalow ourselves and took each others picture through the glass top coffee table. The wedding ceremony was in traditional Polynesian garb on the Matira beach. Here we are with our marriage official, "Patrick." We did everything: Swam with sharks in the deepest blue water I've ever seen, (that's my hand you see  on the left with the shark in the background)   (Yes, we are in the water with the sharks while taking these pictures!)  Pet and fed stingrays,   rented a small boat and went around the whole island and did the same thing the prior day on a one speed bicycle that defied my exp...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Yes, this update is a day or two short and I'll be a few dollars shorter when I get back from Bora Bora, but I am leaving tomorrow - Friday the 16th and decided I'd rather publish a couple of days shy of week's end than not at all. On to your update. Copyright 10/15/2009 by Hawaii Information Service NEW LISTINGS227553 T A 2 4-5-3-6-22-59 FS $995,000 Kaiulani Of Princeville #59 1,892 #59 2/2.5227552 T A 2 4-5-3-6-22-70 FS $995,000 Kaiulani Of Princeville #70 1,781 #70 2/2.5227917 SH A 0 4-5-4-5-39-80 FS $79,000 Cliffs At Princeville #3304 1,137 #3304 2/2228387 T A 3 4-5-4-5-18-30 FS $385,000 Puamana #8C 1,532 #8C 2/2228464 T A 1 4-5-4-5-24-76 FS $675,000 Nihilani At Princeville Resort #26A 1,874 #26A 3/2.5 BACK ON THE MARKET225775 T A 85 4-5-4-5-18-15 FS $525,000 Puamana #4C 1,53...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Yes, I finally made it to the "new" St. Regis to check it out, and yes, I parked my own car. Thanks to those of you who told me you'd been there and that self park was still alive and well. I can only guess that the day I went the greeter at the entry gazebo had delusions of grandeur when he told me that it was only valet parking because it was "a St. Regis now." I have to say, I was pleasantly surprised. The hotel has an air of subtle elegance and warmth that I found very peaceful and welcoming. It is very understated and comfortable. The entry vestibule welcomes you with a beautiful orchid arrangment, and opens up to the spa, reception area and sitting areas, highlighted by a fabulous chandelier which is the focal point of the lobby. Take a look for yourself. Even though it was...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I mentioned going by the new Princeville Hotel this week to take some pictures of the renovations but got no further than the entry gazebo. Seems all "self parking" has been eliminated due to the "St. Regis" status. You used to be able to self park as long as you didn't take any of the valet spots which were the first few rows. Now, there is "complimentary" valet parking ONLY. I have to say I don't believe any valet parking is complimentary and the day I planned to drive in, I had nothing smaller than a $20. Plus, it probably would have taken longer for them to park then run and get my car again than it would have for me to take the pictures I wanted. So I made a u turn around the gazebo and left. It used to be nice to self park in that lot then stroll along the bluff edge enjoyi...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I've been enjoying Puhi this past week as we're housesitting / cat sitting for friends that own in Villas of Puali. Our friends are fortune to have a unit down at the end of the road, which makes for a good deal of privacy. What's so great about this complex, and others in the area, is the proximity to Costco, Kukui Grove, WalMart, KMart, the movies and Duke's restaurant and their hula pie. If you've never tried hula pie, bring a friend, sit downstairs outside of the bar and have at it. Hula Pie is to die for if you like ice cream. It's a Duke's trademark dessert - vanilla ice cream on a chocolate cookie crust, liberally covered with whipped cream and drenched in hot fudge. Yes, you will need help eating this as the wedge of pie is more than ample. Anyhow, I digress. Puhi is a gr...
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By Carol Skon, RB, Kauai, Hawaii Real Estate
(HomeSmart Island Homes)
Princeville, Kauai Hawaii-Condo Sales Statistics The market continues to be very slow and prices are declining in Princeville and Hanalei District.   Princeville condo sales statictics. The median sales price for a condominium for the year-to-date through September was below 2006, 2007 & 2008 prices. And the number of sales were below the last 10 years. If you are thinking of buying, what an opportunity! Hanalei District Condominiums      Year-to-Date Sales (January- September)         Number of Sales     Median Sales Price 1998                53            $134,500 1999               100           $134,250 2000               103           $185,000 2001                84            $228,750 2002              144            $357,000 2003              137            $400,000 2004         ...
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By Debra A. Jason, Kauai Realtor - Kauai Homes For Sale, Kapaa to Haena
(Na Pali Properties, Inc.)
After closing approx. one year ago for renovations, the Princeville Hotel re-opened its doors Sept. 26th as the new St. Regis Princeville Resort. This afternoon (10/1/09) I had the distinct pleasure to attend the blessing/reception of the new St. Regis Princeville Resort. And, what an honor it was to be there. The energy & excitement from those in attendance was contagious. After a challenging year (for all of us), the enthusiasm and optimism was overflowing from Kauai's mayor and Hawaii's governor to all who were in attendance. It felt like positive change was taking place and provided hope for more good things to come. One of the most special moments of the day was the delightful performances of the Halau Ka Lei Mokihana  Leina`ala. These young girls' were captivating - bringing tears...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, They finally finished up the sidewalks at the Cliffs and what a difference. It looks great. Renovation of buildings 7, 8 and 9 continues which means there'll be plenty of parking space for the next few weeks. It's pleasantly deserted while they do the work with only those people like myself, who own whole units, in residence. For those of you who don't know, the Cliffs at Princeville not only has whole ownership but there are also two timeshare organizations in here. I have timeshare above and below me (I'm on the second floor) and enjoy my rotating neighbors. Also this week, the St. Regis Princeville Resort Hotel had a soft opening Saturday the 26th. Only the restaurants and hotel rooms are open - no stores will be open until after the first of the year. I opted to stay away but...
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By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
This past Saturday, the Princeville hotel reopened as the St. Regis Hotel of Princeville. According to senior management, 96% of the previous staff has returned and has been receiving training over the last couple of weeks to understand the St. Regis brand, the top of the food chain for the Starwood Hotel Group. Over 1000 people viewed the hotel over the weekend during this soft opening and Kama Aina rates are in effect for local residents. The hotel even boasted that they Had their first wedding this weekend. The hotel has been redone replacing the old marble floors with coconut wood floors, Koa, and african woods throughout.  The formal grand opening of the hotel is scheduled for October 1st this Thursday. I hope to attend and will report back to you with what I learn. This photo of t...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We enjoyed another beautiful week in Paradise although they've been ripping out the sidewalks at the Cliffs Condos and pouring new ones which are ADA compliant. At the same time, they've finally reached my building to start the renovations of the timeshare units which, along with the heavy equipment used for tearing out the concrete makes for a noisy environment. See for yourself: At the same time, a friend of mine - a very talented friend of mine - created a faux bamboo wall in my bathroom that turned out simply amazing. It makes me feel like I am on a tropical island! Yes, I know we are but sometimes it's easy to get involved with work and forget. You simply must see it: If you've been to Otsuka's Funiture Store in Kapaa, you've seen the work of the "Picky Painter" who also did...
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By Debra A. Jason, Kauai Realtor - Kauai Homes For Sale, Kapaa to Haena
(Na Pali Properties, Inc.)
HAPPY TALK LOUNGE RE-OPENS: Many north shore residents (and visitors) were happy to hear that the "Happy Talk Lounge" re-opened at the Hanalei Bay Resort. A favorite spot for watching incredible sunsets and hearing great music (from Hawaiian night to Jazz night), the lounge is open once again offering food, beverage and entertainment. Breakfast, lunch and dinner are available and they offer a "to go" menu as well. They are also featuring nightly entertainment including an Aloha Friday Happy Hour with Hawaiian music, Hanalei Hula on Wednesday nights, "Kauai-it Music" on Saturday, and Sunday Jazz night. MITZI GAYNOR RETURNS TO KAUAI: Mitzi Gaynor will be returning to Kauai for the first time since 1957-58. Star of "South Pacific," she is visiting the island to attend the 50th anniversary ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This week has just flown by - maybe because it stated with completion of the Marathon last Sunday followed by two days of recovery. Nevertheless, here we are again, with a new update already. You'll see some new low pricing in Nihilani with the listing of yet another short sale. Here is your update: Copyright 9/13/2009 by Hawaii Information Service NEW LISTINGS227557 T A 3 4-5-3-6-22-2 FS $1,995,000 Kaiulani Of Princeville #2 2,843 #2 3/3.5225956 T A 3 4-5-4-5-24-56 FS $425,000 Nihilani At Princeville Resort #19B 1,567 #19B 2/2.5227490 T A 2 4-5-4-6-1-58 FS $759,000 Villas Of Kamalii #58 1,761 #58 3/3 SALES222926 T S 125 4-5-4-5-24-66 FS $565,000 Nihilani At Princeville Resort #22C 1,874 #22C 3/2.5SOLD 9/11/2009 for $520,000 (CASH) DOM 125 223040 T S 87 4-5-4-11-3-127 FS $650,000...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I have a better than average reason for being late with this weeks update: I participated in the Kauai Marathon Sunday and spent yesterday recovering from the 26.2 mile jaunt. Even though I walked the better part of it, it was still no easy task but I'll wait to talk more about this on an upcoming blog specifically about my marathon experience. As for real estate, we did see some activity -see for yourself: Copyright 9/8/2009 by Hawaii Information Service NEW LISTINGS226997 T A 8 4-5-4-5-18-71 FS $369,000 Puamana #20A 1,532 #20A 2/2227263 T A 4 4-5-4-5-24-46 FS $548,500 Nihilani At Princeville Resort #16A 1,406 #16A 2/2 BACK ON THE MARKET207634 T A 564 4-5-4-5-39-16 FS $259,000 Cliffs At Princeville #1206 917 #1206 1/2215869 T A 361 4-5-4-5-23-16 FS $469,900 Plantation At Princev...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, Although the first day of fall isn't until September 22, for all intents and purposes the summer selling season has come to an end with a whimper! Yes a whimper! Sure we had some sales but not nearly enough to even begin to consider this a hot summer season. Buyers continue to stand on the sidelines waiting to see what will happen next. Unfortunately, at the same time Fannie Mae and Freddie Mac continue to change guidelines which results in more "hoop jumping" when it comes to obtaining a loan, unless, of course, you are a first time home buyers which seems to be where the financial incentives and benefits are focused on at this time. Let's just hope when buyers finally think pricing is where they want it, the lenders are still interested in lending. Here is your update: Copyrigh...
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By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
New Listings: 1. 5796 Noni St., Wailua Homesteads. This is a 5 bedroom 2 bath home 2 story home.  The home has nice curb appeal and is in an excellent location near Sleeping Giant (Nonou) mountain. The home is a good example of a home remodel gone bad. Check out a video walkthough by Hawaii Life's Susie Kunkel.  Owned by American Home Mortgage Servicing Inc. MLS#226761   Price Changes: Banyan Harbor G-80, Lihue. A 2 bedroom 2 bath fully furnished condo with partial ocean view.  New price $224,0000. MLS#225936 4740 Hokuloa Place, Eleele. 3 bedroom 2 bath home for $289,900. Garage has been turned into a family room. MLS#225781. 5086 Napookala Circle, Princeville $727,800 MLS#224854. An amazing location on the Makai golf course in Princeville. Over 16,000 sq. ft. Some of my buyers think t...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It's been a relatively slow week which is reflected in the rather sparse condo update this week. There's been a few showings here and there but by and large, it seems like things have quieted down as we approach the end of summer. So much for a hot summer market! The reality is that the market is still soft, with numerous overpriced properites, several good buys and buyers sitting on the sidelines in both cases. Of course, there are some exceptions, but slow is (unfortunately) the operative word right now. Here is your update for this past week: Copyright 8/23/2009 by Hawaii Information Service NEW LISTINGS200564 T A 6 4-5-4-5-16-2 FS $525,000 Alii Kai At Hanalei #1102 1,086 #1102 2/2226784 T A 2 4-5-4-6-1-12 FS $839,000 Villas Of Kamalii #12 1,825 #12 3/3226738 T A 6 4-5-4-5-16-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We're seeing some movement in the market as those sellers who really want to sell are reducing to the point that buyers are seeing value. Also selling are the foreclosures and even some of the short sales, although it takes a patient buyer to stay in escrow until the end. Here is your update for this week- Copyright 8/16/2009 by Hawaii Information Service NEW LISTINGS226519 T A 4 4-5-4-5-23-14 FS $495,000 Plantation At Princeville #412 1,153 #412 2/2226466 T A 6 4-5-4-5-16-36 FS $940,000 Alii Kai At Hanalei #4304 1,086 #4304 2/2 CONTINGENT SALES225806 T C 31 4-5-4-5-24-40 FS $489,900 Nihilani At Princeville Resort #14A 1,874 #14A 3/2.5222926 T C 127 4-5-4-5-24-66 FS $565,000 Nihilani At Princeville Resort #22C 1,874 #22C 3/2.5 SALES220199 T S 131 4-5-4-5-13-4 FS $289,900 Kamahana...
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