$11,950,000 Luxury Property in Hawaii: 56-3083 Puakea Bay Drive

I had the pleasure of previewing this sensational offering during the listing Broker’s recent open house event. WOW puts it mildly. The ocean views are SPECTACULAR and the remodel this Seller has done, integrating the fine woods of the island, and high end finishes make this property truly one of a kind.

Situated in Puakea Bay Ranch, north of Kailua Kona this location offers residents the opportunity to own land in larger parcels, with phenomenal ocean views, privacy and spectacular whale watching opportunities!

The 25.49 acre property, has a main home, with separate guest cottage – totaling 9 bedrooms/12 bathrooms, ocean side pool and your own private tennis courts.

Why come to Hawaii to stay in a resort when you can own this oceanside retreat and call it home.

Below you’ll see a few photographs and video clips I took during the preview – enjoy!

Further Property Information Here – 56-3083 Puakea Bay Drive 

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Master Bedroom Suite

 56-3083 Puakea Bay Drive , Kailua Kona Real Estate, Luxury Property For Sale Hawaii, Hawaii Luxury Real Estate, Puakea Bay Ranch,

Entertainment Room

This property is one of a kind, and needs to be previewed in person to fully take in the magnitude of the offering.  Please get in touch with me to arrange a private viewing.

Further questions that I can try to answer?  Send me a note below!

Kailua Kona Real Estate: Ocean View Property – New On Market!

I just released this BOOMING ocean view property located in the highly desired Iolani Subdivision in Kailua Kona yesterday morning!

Set on a 22,564 sq ft lot positioned perfectly to maximize privacy and view, this home embraces Hawaii’s indoor/outdoor living concept.  You’ll LOVE the swimming pool that looks out onto endless ocean view!

This is a bank owned foreclosure that is ready for your updating and remodeling – property is being sold As-Is!

76-995 S Pakalakala, Offered at $785,000 

271856.Clarkhawaii.com

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Kailua-Kona Real Estate: SOLD! Video Tour of Pualani Estates Short Sale

This is the very popular 4bed/3bath, 2 story, Melia model home in Pualani Estates!

This home was originally purchased by the Sellers with option #8 from the developer, which added an additional 375 sqft of wrap around lanai! Additionally, this home has central air conditioning, mature/irrigated landscaping, ocean views, and is in fantastic shape. A short sale property, this property was priced very competitively!

As the listing agent, I shot high quality photographs, and syndicated this listing to a variety of real estate and social media sites  across the world! Within days of hitting the market we had multiple offers come in and the eventual buyer got a fantastic price.

Many of the inclusions in this resale, the developer now, in their new offerings, do not include. You pay extra for air conditioning, landscaping, irrigation, etc.

Pualani Estates is minutes from down town Kona, in a fantastic location! I have sold multiple home in Pualani Estates, and have another on the way into escrow. If you have any questions about Pualani Estates, current developer offerings, or just want to chat about Kailua Kona real estate, feel free to contact me!

Pualani Estates, 75-6133 Haku Mele Street, SOLD 12/5/12 for $352,000, MLS 255608

Purchasing Now: Your Property As A Kona Vacation Rental

One of the great options home buyers in the Kona real estate market embrace is the popularity and ability to rent their properties as vacation rentals. People come from all over the world to enjoy our wonderful climate, pristine beaches and relaxed island lifestyle.

Some wonderful clients, who I sold the below home to, have done just that! This is their retirement dream home, that they absolutely LOVE. Since they aren’t planning to retire for another 10-15 years, they are offering the home as a vacation rental. What an awesome opportunity for families vacationing on the Big Island!

http://www.vrbo.com/398178

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The property is meticulously landscaped, with lush garden areas, producing fruit trees and plenty of yard room for outdoor games and activities. Of the many highlights of the home, the pool is an absolute favorite!  The privacy afforded in the pool and sunning area is something one can only dream of.

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The main house is a 4bedroom/2 bath home completely outfitted for your convenience, with a delightful chef’s kitchen, breezy screened in lanai area, and a pool table for entertaining.

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Below the main home is the completely self contained “ohana” unit, that is furnished with a king size bed, mini-refrigerator and offers a great escape for visitors seeking a little more quiet and privacy away from the main group!

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This property is quiet, extremely private and offers all the amenities of a high end resort, at a fraction of the price!

Click the Vacation Rental By Owner link below for more property information and to view rental availability!

http://www.vrbo.com/398178

Kona Real Estate Market Update:October 2012

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Kona’s real estate market continues to improve as the latest real estate numbers show quite clearly.

For the full market report click Griggs Report- Mid October 2012

In our North Kona residential market current inventory is down 18% compared to the same time last year, while pending sales are up 19%.

The pending ratio is an illustration of market supply and demand. That ratio is found by dividing the pending sales by active listings, then multiplied by 100.

A pending ration below 30 is a buyer’s market. A pending ratio 30-50 is neutral. Pending ration 51-99 is a seller’s market. Any ratio over 100 is a peak in the market,  with market correction/adjustment not far behind.

The higher the ratio, the greater the market demand for real estate.  In the time period we are looking at, the pending ratio is 56.28. A telling statistic, as this is indicative of our current market changing to a more seller friendly environment, or a “seller’s market”.

Put simply, inventory is low, and buyer interest is extremely high!

If you have been contemplating Kona real estate, don’t wait any longer. Get in while the getting is good!

The Griggs Report is published bi-monthly and used here courtesy of Michael B. Griggs, R(B) of Clark Realty Corporation’s Kailua-Kona office. 

 


					

Ingredients To A Successful Sale, Kona Westwind #2 – SOLD!

We closed on this sale Friday afternoon, and my clients and I are heading out for a celebratory lunch in just a few hours!

 This great Kailua-Kona condominium unit sold in 22 days! How is that possible, in our current market? 

The answer is that this listing had the three key ingredients to a successful sale!

1. It was easy to show. No tenants, no 24-48 hour notice, it could be shown at a moments notice! 

2. It was always in showing condition. The unit was always in great shape. No messy bedrooms, no dishes in the sink, it always sparkled! That first impression is priceless, and it certainly paid off here.

3. It was well priced. My phone rang continually with interest in this unit. Buyer agents knew this was well priced, and would sell in a short amount of time. We had multiple showings, and immediate strong buyer interest. This culminated with an offer presented on our 20th day on the market.

These three ingredients, along with my video marketing, high quality photographs and extensive social media distribution all parlayed into a successful closing for my clients!

If you are considering selling, be sure to talk to Marco about what he can do to sell your property! Put Marco to work for YOU!

Kona Westwind #2, MLS 255244, SOLD! 

Kona Market Update: Inventory Down, Sales Up!

Kona’s real estate market continues to gain momentum, as reduced inventory levels and aggressive buyers continue to take advantage of fantastic market pricing.

Our most recent market update via The Griggs Report, shows us that in North Kona’s residential market priced to 4 million,  inventory levels have been reduced 19%  when compared to the same time in 2011.

In the same market, during the same time frame that inventory has decreased, pending sales have increased by 16%.

Decrease in inventory, increase in sales…..you know quite well what is coming next. Increased pricing.

Many Realtors can attest to the fact that we don’t have the inventory we used to. It simply isn’t available. Well priced properties fly off the shelf, and my Alii Lani #F101 unit, currently in escrow, was a great example of this.

I listed the below Alii Lani #F101 condominium Friday August 3, 2012 at 8:11 a.m. Before the end of hour, I had a request for showing. Then a second showing to that same buyer by mid afternoon. The next morning, we had an offer. All parties came to terms Sunday, and we opened escrow Monday morning.

If you are a Buyer in Kona’s current real estate market, DON’T WAIT. Recovery is happening this very moment, and concrete numbers are supporting that.

Don’t be left behind!

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New Listing: Video Tour, Alii Lani #F101!

I just released this great offering in the Alii Lani condominium project this morning! This unit has been wonderfully reappointed by the sellers, talk about NEW, NEW, NEW!

There is new paint, flooring and fixtures throughout the entire unit. New air conditioning units in the living, master and 2nd bedroom. New stack washer/dryer,  new kitchen appliances, and custom closet built ins!

If that wasn’t enough, the unit is being sold furnished! That is right, turnkey furnished! There are a few personal exclusions, and an inventory will be provided. Enjoy the tour!

Alii Lani #F101, MLS 26537, Offered Furnished $189,000

SOLD! Pualani Estates Short Sale

Blog Update 12/10/12 – We closed on this transaction 12/5/12! See my blog post update to read more!

Pualani Estates’ resale market continues to be red-hot! As of July 25, 2012, there are 8 resale homes currently listed for sale. Of those 8 only 1 is currently available, the rest are in escrow!

Pualani Estates is a very popular single family home development by builder DR Horton in Kailua-Kona. Owners appreciate the central location, being in the Holualoa elementary school district, and the wonderful Pualani Estates community park!

Offering multiple floor plan and upgrade package options (central air, landscaping, appliance, security, flooring, etc) along with competitive price points, currently $300K-$430K, people LOVE Pualani Estates!

The developer is currently in the final, third phase of home building. The majority of resale homes we see coming to market are in the first two phases of development, and are typically short sale or bank owned properties. 

For example, I listed this short sale property in early July and within 21 days we had received multiple offers and put the home in escrow.

 75-6133 Haku Mele Street, MLS 255608, Offered at $352,000

This is the very well-kept 4bed/3bath,  Melia model home, that has a wonderful wrap lanai area with ocean views, central air, mature landscaping in place, and has additional storage area off the garage.

Currently we are in escrow, awaiting lien holder’s short sale approval.

Back up offers are being accepted, please contact me if you would like to arrange a viewing!

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Kona Westwind #2 Video Tour!

I’m very happy to share West Hawaii Real Estate’s inaugural, high-definition, property video tour!

My sellers now have the benefit of HD video tours showcasing their properties, WOW!  Property video tour demand is tremendous right now among buyers, and this is another great sales tool I am able to bring to my clients!

This Kona Westwind unit is an updated 2bedroom/2bath offering that has an expansive lanai area, ocean view, and is just minutes from town.

Kona Westwind is a low density (15 unit!) project that is pet friendly, and does not allow vacation rentals.

MLS 255244, 77-296 Kalani Way Kailua Kona HI 96740, Offered at $155,000

Want to get a better look at the property? Be sure to mark your calendars, this unit is being held open Sunday, July 15 from 12pm-4pm during Clark Realty’s Summer Sell-Abration extravaganza. Hope to see you then!