Princeville, HI Real Estate News

By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
Princeville, Kauai Sales Activity, although "lean" certainly has not ceased . . . .  (We are certain it will always be a very desireable place to live!!)  So far, this month, we have two condos (Villas and the Prince and Pali Ke Kua) and a single family residence (In Queen Emma's Bluffs). We are also tracking new Escrows and will report on these as well as existing (pending transactions). REMAX KAUAI Property Search
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By Debra A. Jason, Kauai Realtor - Kauai Homes For Sale, Kapaa to Haena
(Na Pali Properties, Inc.)
Princeville, HI - Ready for a fun-raiser? One that is more than a silent auction? Kauai’s Zonta Club of Hanalei Foundation will host its 2nd Annual Charity Auction and Costume Party Hollywood Then & Now… on October 25, 2008. In 2007, the premiere event resulted in approximately 250 attendees arriving in full costume regalia. That cast of characters was amazing! And, while having a great time, more than $20,000 in proceeds were netted to benefit the YWCA Girlz Zone program and scholarships for young women. The 2008 event will take place at the Prince Clubhouse in Princeville (home of the Princeville Health Club & Spa) between 6:30pm and 11:00pm (doors open at 6pm). It's an opportunity for everyone to dress up as their favorite starlet or leading man. Last year, guests arrived as Jean Har...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It's been another stellar week with bright blue skis, warm breezes and equally warm water - not that I've had time to find out for myself. Today however, I am going to take time for the beach because the ocean looks so very inviting as I sit here and type. You first have to know that I am not a surfer - so when the water is as flat and glassy as it is today I must go and immerse myself in the ocean. It is so flat it looks like a huge tub of bathwater. What a change a few months from now will bring when we get the customary huge winter swells - but for now, I'll go enjoy the ocean for a few hours as soon as I am done here.Aloha, It's been a little on the quiet side, at least from my point of view. The parking lot at the Cliffs has more vacant parking spots as we head out of summer...
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
Princeville Kauai Home Sales - Last 90 Days (edit/delete)  Below is the most recent statistics for Princeville Kauai Home Sales over the Last 90 Days. Buyers are still out there but very few . . . . Nevertheles, hope springs eternal and we expect a resurgence of sales by Decemeber with prices dropping steadily. Many Buyers are simply on the fence watching the market.       Princeville Kauai Home Sales - Last 90 Days     Location Price Bdrms Baths Area Sold Price DOM $/SF Sold Date     4001 Aloalii $1,690,000 2 3.00           3,461 $1,450,000 328 419 7/31/2008     4115 Kekuanao'a $699,000 3 1.75   1,228 $600,250 77 489 6/18/2008     4120 Nalani $739,000 3 2.00   1,725 $700,000 148 406 8/22/2008     4130 Kekaulike $799,000 3 2.00   1,625 $757,000 38 466 6/17/2008     4185 Kinau $1,099,000...
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
  Princeville Kauai Home Sales - Last 90 Days (edit/delete)  Below is the most recent statistics for Princeville Kauai Home Sales over the Last 90 Days. Buyers are still out there but very few . . . . Nevertheles, hope springs eternal and we expect a resurgence of sales by Decemeber with prices dropping steadily. Many Buyers are simply on the fence watching the market.     Princeville Kauai Home Sales - Last 90 Days     Location Price Bdrms Baths Land Area Living Area Sold Price Days on Market Price per square foot Sold Date     4001 Aloalii $1,690,000 2 3.00 8,081 sqft 3,461 $1,450,000 328 419 7/31/2008     4115 Kekuanao'a $699,000 3 1.75 9,969 sqft 1,228 $600,250 77 489 6/18/2008     4120 Nalani $739,000 3 2.00 11,740 sqft 1,725 $700,000 148 406 8/22/2008     4130 Kekaulike $799,000 3...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This is going to be a short update, due in part to the fact I just returned from Oahu where I took the final class needed for my CRS (certified residential specialist) designation but mainly because very little has happened last week as you can see in this update: Copyright 8/31/2008 by Hawaii Information Service NEW LISTINGS215271 T A 6 4-5-3-6-22-48 FS $1,799,000 Kaiulani Of Princeville #48 2,479 #48 3/3214168 T A 3 4-5-4-11-3-121 FS $650,000 Hanalei Bay Resort #T35 867 #2309-10 1/2215386 T A 1 4-5-4-6-1-16 FS $945,000 Villas Of Kamalii #16 1,761 #16 3/3 EXPIRED200564 T X 366 4-5-4-5-16-2 FS $539,000 Alii Kai At Hanalei #1102 1,086 #1102 2/2205798 T X 233 4-5-4-6-1-34 FS $849,000 Villas Of Kamalii #34 1,825 #34 3/3 WITHDRAWN176670 T W 856 4-5-4-5-16-57 FS $725,000 Alii Kai At H...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It's been a pretty quiet week with more price reductions than anything else. It's good to see that there was only one (yes one!) new condo listing this week. With 164 already listed, it's not like we need a bunch of new ones. If you read my previous posting, you know I personally think that those who are not "real sellers" (I affectionally call them wanna be sellers) should withdraw their properties from the market until such time that it can support their "gotta have" prices. Having said that, lets get on to the update: Copyright 8/23/2008 by Hawaii Information Service NEW LISTINGS214863 T A 4 4-5-4-5-23-49 FS $625,000 Plantation At Princeville #1311 1,140 #1311 2/2 BACK ON THE MARKET210027 T A 139 4-5-4-5-30-6 FS $380,000 Princeville Mauna Kai #F6 1,400 ##5 3/2199811 T A 368 4-...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, I hope you've been enjoying the Olympics as much as I have. So many world records are being broken!!! As for real estate, I can't say that the same has been happening - in fact, it's been relatively  quiet although I've been out with a few buyers looking for properties on the low end. I suspect as we head into Sep those seeking a bottom line bargain will only grow. This week I'm seeing more and more price reductions that are hitting new lows -first time in a long time a Cliffs unit has been in the $300's and a Pu'u Po'a was listed for less than the recent sales. Read on: Copyright 8/17/2008 by Hawaii Information Service NEW LISTINGS214620 T A 5 4-5-3-6-22-39 FS $1,761,000 Kaiulani Of Princeville #39 2,479 #39 3/3214782 T A 2 4-5-4-15-21-49 FS $429,000 Sandpiper Village I #212 1,1...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, We've been talking for a long time about sellers that don't quite seem to get that it's totally a buyer's market... not a little bit of a buyer's market or a wanna be buyer's market but a full on full tilt buyer's market. Yep, that's what we're in and guess what? Some sellers are finally pricing like - we're in a buyer's market! Case in point: this week there are two interesting listings. First up is Pu'u Po'a 103 priced at $1,399,999. Now, to the average person this may seem exorbitantly priced but when you consider that the last two sales were at $1.475M for 105 and $1.535M for 305 it seems almost downright reasonable. New on the market this week, unit 103 is well below the other Pu'u Po'a's on the market. Take a look: Copyright 8/14/2008 by Hawaii Information Service 214847 T ...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It's been a busy week for me, especially since I'm still catching up after coming back from vacation. There seems to be quite a few buyers out there looking and I've seen more and more offers being written. Sellers that are going into escrow are probably taking less than what they were hoping for, but at least they are getting offers. My sellers often ask me if I think the offer they've received is a good one. Sometimes I think its good and other times I honestly feel their property is worth more but the answer is pretty much always the same and that is "It doesn't matter what I think. I'm not the one making you an offer." My next question is along the lines of "Is this enough money for you to do what you want to do next?" i.e. move onto your next property, go back to the mainlan...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This week I hope to get things back to normal after a great time touring the Mainland. I managed to travel over 3000 miles and cover ground in WA, MT, WY, and SD. Saw the Grand Coulee Dam, went through Glacier National Park, saw Mt. Rushmore and Crazy Horse and even went through Yellowstone, stopping to take in Old Faithful on the way back to my starting point which was Seattle. I hope to share some of the pictures I took along the way over the next few weeks. As for this weeks update, lets get right to it: Copyright 8/5/2008 by Hawaii Information Service NEW LISTINGS214173 T A 8 4-5-4-12-2-34 FS $439,000 Hale Moi #214 1,033 #214 1/2214167 T A 6 4-5-4-12-8-24 LH $555,000 Pali Ke Kua Ii #130 1,100 #130 2/2214373 T A 4 4-5-4-5-23-58 FS $599,000 Plantation At Princeville #1512 1,153...
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
406 CONDOMINIUMS for: ALL KAUAI:           FROM: 1/1/2007 to 8/5/2008 120 CONDOMINIUMS for: ALL KAUAI:            FROM: 1/1/2008 to 8/5/2008. 111 CONDOMINIUMS for: PRINCEVILLE:         FROM: 1/1/2007 to 8/5/2008.  34  CONDOMINIUMS for: PRINCEVILLE:          FROM: 1/1/2008 to 8/5/2008.  93  CONDOMINIUMS for: POIPU:                   FROM: 1/1/2007 to 8/5/2008  23  CONDOMINIUMS for: POIPU:                   FROM: 1/1/2008 to 8/5/2008
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
MLS report Single Family Homes (Residential) # Residential real estate transactions completed/closed on the island of Kauai in 2007 408 Residential Listings for Kauai - Sold Date 1/1/2007 to 1/1/2008 # Residential real estate transactions completed/closed on the island of Kauai in 2008 181 Residential Listings For Kauai  Sold since 1/1/2008 to YTD # Residential real estate transactions completed/closed in the Princeville area YTD 2008 21 Residential Listings for: PINCEVILLE Sold Date since 1/1/2008 to YTD # Residential real estate transactions completed/closed in the Poipu area YTD 2008 21 Residential Listings for:  POIPU Sold Date since 1/1/2008 to YTD Average price across the transactions in 2007 and 2008?  $ 882,826  Average  $635,000 Median  
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, This week I am sending an abbreviated form of the update as I am on the mainland on vacation. Not only that, but I am traveling throughout WA, MT, ID and SD seeing the sights from the back of a motorcycle. Of course, packed on the back of the bike is my laptop and my phone is in my pocket. Believe it or not, I have coordinated several showings, kepts a couple of escrows running and just submitted an offer. It's simply amazing what technology can help you to accomplish these days. So please bear with me this week - just call or email if you have a question about a particular unit and I will research it for you like I usually do every week. Otherwise, sit tight until next time when I hope to have things back to normal. Here is your update for this week: Copyright 7/27/2008 by Hawai...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Buyers are always looking for good value and right now my finger is pointed in the direction of Nihilani. It appears that many owners went ito the project thinking they could sell for more once they took possession of their units. I say this because there are so many currently listed well below what the seller paid. Why would they be trying to sell them now, in this market, if money were not an issue? Clearly, there is more than one seller looking to get out from under a mortgage at any price which makes it an excellent place to look for that elusive "good buy." For example, Nihilani 20A just came on the market at a respectable $699K. This unit was previously priced at $885K from 11/06 to 11/07 with no takers. Since coming off the market, several other 3 bedroom, 2.5 bath Makani style t...
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
Princeville Center is located just outside Princeville Resort, the Princeville Center does not offer much in the way of designer boutiques, but it definitely covers all the basics. Aside from essentials (Real Estate Offices (REMAX Kauai) banks, gas station, a Supermarket , the center is made up of about 35 shops and two good restaurants. Among them are Lappert's Ice Cream and Coffee Shoppe, the Kite & Hobby Shop, and several interesting gift shops. Business hours vary by shop. Most of the specialty stores are open 9am-7pm daily; the grocery store is open till 11pm.
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
Princeville Center is located just outside Princeville Resort, the Princeville Center does not offer much in the way of designer boutiques, but it definitely covers all the basics. Aside from essentials (Real Estate Offices (REMAX Kauai) banks, gas station, a Supermarket , the center is made up of about 35 shops and two good restaurants. Among them are Lappert's Ice Cream and Coffee Shoppe, the Kite & Hobby Shop, and several interesting gift shops. Business hours vary by shop. Most of the specialty stores are open 9am-7pm daily; the grocery store is open till 11pm.
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By James G. Pycha, (R), REMAX Kauai Broker
(James Pycha (R) - REMAX KAUAI)
North Shore Kauai's Pu'u Poa condominiuma are a totally private, luxury ocean bluff front project that guarantees an unequalled experience! The epitome of gracious living and tropical Hawaiian splendor capturing panoramic views of the azure ocean and Bali Hai. Two lanais facing the ocean give 100% private you can sunbathe in total privacy. This Princeville oceanfront condominium project is perfectly located to provide spectacular views in nearly every direction.. Pacific Ocean and the immortal mountains of Bali Hai. Watch whales with their calfs and the spinner dolphins performing from the two lanais. The golden sands and underwater reef paradise of two beaches, Hideaway Beach and Hanalei Bay, are a short walk. Amaze your senses! Watch the sunset over Bali Hai as the ocean reflects the...
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By Elaine Schaefer, R, CRS, GRI, ABR, SFR
(Sold on Kauai Realty)
Aloha, It's been another great week here in Paradise with beautiful blue skies and nice strong trade winds. You probably get tired of hearing that but I must admit, I don't get tired of saying it. Some people think that because we are in Hawaii in the tropics, that our temperatures are in the 90's but that is not the case. We really do have close to perfect weather here with our summer temperatures staying comfortably in the 80's. And if you do get a muggy day or two when the trades die, just head for one of our many uncrowded beaches. Anyhow, you get the point....... On to your listing update. Copyright 7/19/2008 by Hawaii Information Service NEW LISTINGS213153 T A 5 4-5-4-5-18-60 FS $459,000 Puamana #17A 1,312 #17A 2/2213606 T A 4 4-5-4-5-39-198 FS $945,000 Cliffs At Princeville #9302...
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By Ronnie Margolis, Kauai Realtor - CDPE, ABR, RA - On Top of the Aloh
(KW Kauai)
I had the opportunity to sit open house at Kaiulani Unit 2 today. This project consists of 77 luxury townhomes built on the last 17 acre bluff parcel in PRinceville which was NOT OWNED by Princeville at Hanalei (formerly the Princeville Corporation).The project is almost totally completed. Most of the units have sold and about 8 of the units are still being completed. The pool complex with 3 pools and barbecues and fountains and water features is complete. I am so impressed with the quality of the construction, the superior engineering and ergonomic designs, and the simple class of these units.Today while sitting in Unit 2, a fully furnished 2800+ sq. ft unit which is selling for 2.195 Million, i had about eleven or twelve folks folks come through. That's brisk attendance for a weekday ...
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