Kailua Kona Real Estate: Hawaii Oceanfront Land Update

There have been two oceanfront sales in Kailua Kona over the past seven months. One in Ke Aloha Kai, and the other in Alii Point. These are both, oceanfront subdivisions, located immediately off of Alii Drive in Kailua Kona. Click here to see oceanfront SOLD information.

Currently in Kona – there are 8 oceanfront land offerings, varying in price from $1,000,000 to  $20,000,000.

Current Kailua Kona Oceanfront Land Offerings

My Seller just recently reduced his oceanfront land offering $200,000!

This is a fantastic NEW price for one of the few oceanfront lots left in Kailua Kona, located in Kona Bay Estates!

16,972 sq. ft. of ocean front beauty, await the construction of your dream estate in the elegant Kona Bay Estates community. With direct access to the blue pacific and a family friendly beach in the subdivision – residents have it all in Kona Bay!

75-5446 Kona Bay Drive I MLS  275411  I $975,000

Residences For Sale Currently In Kona Bay Estates

Oceanfront parcels in Kona Bay Estates are almost completely built out, this is one the last opportunities to construct the oceanfront residence you’ve always dreamed of.

Kona Bay Estates is a mature, exquisite ocean front community that provides 24/7 security and represents the truly exceptional Kona lifestyle.

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Love this parcel and would like further information on this great offering? I have current building design guidelines and rules of the subdivision on hand – feel free to get in touch for more information!

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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